CC Realty Advisors, Ltd.
Douglas E. Engel is one of two Principals of CC Realty Advisors, Inc. a full service advisory company specializing in the acquisitions, redevelopment, ownership and disposition of income producing retail properties throughout the United States. CC Realty Advisors has two corporate offices, one in Houston, Texas and the second located in McMurray, Pennsylvania. Mr. Engel has resided in Houston, Texas since 1977 and has actively been involved in the commercial real estate community since 1978. His thirty-six (36) years of commercial real estate experience includes all phases of income property sales, commercial leasing, development and acquisitions.
Mr. Engel has directly managed a real estate staff comprised of ten commercial agents and additional support personnel. Since the inception of Clarion Properties in 1982 and CC Realty Advisors in 1999, the companies have experienced financial growth and success with Mr. Engel’s direction. The individual members of CC Realty Advisors and Clarion Properties are experienced and knowledgeable in all phases within the field of commercial real estate. Each associate operates under the company philosophy focusing on maintaining a personalized approach while achieving positive results. CC Realty Advisors affiliated property management and construction firm, CC Management, L.L.C., provides clients with a full service approach regarding their commercial real estate needs.
Mr. Engel's personal achievements at CC Realty Advisors and Clarion Properties include income property sales in excess of $80 million coupled with the leasing of over 800,000 square feet of commercial property. Mr. Engel, acting in the capacity as a General Partner, is also involved in the ownership and direction of a portfolio of commercial real estate assets located throughout the United States. The portfolio consists of neighborhood retail centers, industrial properties, office buildings and several commercial raw land parcels with an estimated market value in excess of $100 million. Currently, he is one of two managing General Partners for CC Realty Fund II, Ltd. and CC Realty Intermediate Fund II, LP which are private equity Real Estate Funds. The total combined investor capital for all Funds exceeds $100 million.
Prior to forming CC Realty Advisors and Clarion Properties, Mr. Engel was an integral member of a marketing team that leased over 25 suburban multi-tenant office buildings for a major Houston developer. Additionally, Mr. Engel has assisted national retail tenants in the areas of expansion and site selection. They have included national corporations as Mobil Oil, Burger King, Kinney Shoe Stores and Centex Corporation.
Mr. Engel attended Ohio University majoring in Finance and Marketing. He holds a Texas Real Estate License, is on the Advisory Board for Sterling Bank- Westheimer and is a member of the International Council of Shopping Centers (ICSC).