Andrew S. Levy

Austin-based Endeavor Real Estate has hired Andrew S. Levy as managing principal, and said he will be based in Dallas.

The firm, with $5.4 billion in real estate assets, said Levy will focus on office acquisitions for Endeavor throughout the Sunbelt region.

“We’ve known Andrew personally and professionally for more than 30 years,” Managing Partner Jamil Alam said in a statement. “While comparing notes on U.S. office fundamentals and return-to-work dynamics, Andrew and Endeavor concluded that we shared our conviction around the profile of office buildings that we believe will generate outsized risk-adjusted returns during this market dislocation. The opportunity to hire a talent of Andrew’s caliber and focus on Endeavor office acquisitions across an expanded Sunbelt geographical footprint was too great to pass up.”

Alam said Levy’s relationships with capital sources and his knowledge of Sunbelt office assets are a rare combination that the firm said will deliver immediate results for Endeavor, its investors, and partners.

“The opportunity to work with the team at Endeavor was not one I could turn down,” Levy said in a statement. “I’m excited to lead the expansion of office acquisitions for Endeavor into new territories. While the post-COVID return-to-work story continues to play out, Endeavor and I both believe there are exemplary opportunities to find office assets that will thrive. We intend to aggressively seek out assets that are positioned for success in the new office landscape.”

Office acquisition expertise

Alam said that the firm will focus on particular Sunbelt markets, and will continue to partner with existing and new, like-minded capital partners to lean-in to strategic office acquisitions.

Before joining Endeavor, Levy spent the past 20 years as senior managing director and co-head of the Dallas office of JLL Capital Markets, Americas, and HFF prior to its acquisition by JLL.

Endeavor said that Levy will be winding down his work at JLL through the end of the year and will start his new role at Endeavor in January.

Levy has more than 30 years of investment advisory experience and has completed in excess of $25 billion in commercial real estate transactions, Endeavor said. He has worked on some of the largest office and mixed-use sales in the Sunbelt region in recent years, including major office transactions in Dallas, Austin, San Antonio, Atlanta, Nashville, and New Orleans.

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