Bringing more than 20 years experience to the team, PJ Behr serves as Vice President at Foundry Commercial (formerly CNL Commercial Real Estate) and leads the company’s Investment Sales platform. PJ has worked with both private and institutional sellers/buyers and focuses on acquisitions and dispositions for a variety of investment property types, including office, retail and industrial.
PJ first joined Foundry in 2000, where he worked with CNL Restaurant Properties, a non-traded real estate investment trust (REIT), and led its Investment Property Sales platform. PJ stayed with this REIT for nearly a decade, even as it went public on the New York Stock Exchange as Trustreet Properties in 2005 and was later purchased by GE Capital. In his role, PJ closely worked with the acquisitions team underwriting transactions as well as spearheaded lease negotiations to drive value for the dispositions platform. Prior to leaving GE Capital in 2010, PJ’s team was averaging over $250 million in transactions per year. Prior to rejoining CNL in 2011, PJ founded Trinity Real Estate Group.
Over the span of his career, PJ has been involved in over 1,200 sales transactions with volume in excess of $1.8 billion. PJ ‘s extensive depth of knowledge and outstanding track record in the 1031 investment industry.