From Illinois Business Journal news services
ST LOUIS – NAI DESCO has announced the appointment of Thomas R. “Toby” Martin to the new position of CEO and principal of the company.
Martin (left) will join the company to provide executive leadership to the service offerings of NAI DESCO to enhance growth in transaction services, property and facilities management and corporate services.
Martin comes to NAI DESCO after 25 years of service in multiple aspects of the real estate service, development and ownership business. He has experience in managing local and institutional transactions and facilities from his experience as a founding member of DTZ Cushman (Former Colliers Turley Martin in North America) and Duke Realty Corp., as a member of both firms’ management committees.
“NAI DESCO is a leading service firm in Missouri and Illinois, possessing the potential for significant growth in the region. The company has a tradition of excellence in all areas of real estate services and its people, process and systems are world class. The opportunity for enhanced service growth is tremendous,” Martin said.
Martin will also explore opportunities to assist DESCO Group, NAI DESCO’s sister company, with growth and expansion of its advisory and asset management business. DESCO Group is a leading manager of retail facilities and plans for growth in real estate investment management.
Chairman of NAI DESCO and DESCO Group Mark Schnuck states, “Toby possesses the qualities we are seeking to help us grow as a leading integrated Company in all aspects of our business. We are excited to welcome him to our team of professionals to add to our goals of growth in these areas.”
About NAI DESCO
NAI DESCO is a commercial real estate firm serving Central and Eastern Missouri and Southern Illinois. Founded in 2000, NAI DESCO was formed when the Schnuck family partnered with veteran brokers Dan Hayes, John Sheahan and Peter Sheahan to create an independent firm for the brokerage of third-party office, industrial, medical, retail and investment properties. The firm has grown to 25 active agents with offices in Clayton, Mo., and O’Fallon, Illinois.