A national real estate valuation firm has acquired a regional company in the same industry.
Integra Realty Resources, a national independent commercial real estate valuation and consulting firm, recently announced it is expanding its Michigan footprint with the opening of a new office in Grand Rapids.
The regional office opened through the acquisition of Grand Rapids real estate consultant Genzink Appraisal Company. The company’s owner and founder, Jeffrey Genzink, now serves as senior managing director of IRR-Grand Rapids.
“We are excited to be part of Integra Realty Resources’ highly regarded team,” Genzink said. “Joining Integra enhances our ability to serve our clients in the best manner possible with market-leading technology, advanced market research and analytics, and the support of a nationwide network of highly respected, MAI-designated professionals. While the name is new, our people and approach are still the same: with an emphasis on integrity and excellence.”
IRR’s new Grand Rapids office located at 1009 44th St., SW, Suite 107, expands the company’s local market coverage in West Michigan. It is IRR’s second office in Michigan, joining IRR-Detroit, and the 54th IRR office overall.
“Grand Rapids is one of the nation’s fastest growing economies and an important market for our clients,” said Anthony Graziano, chairman of IRR. “As such, we are so pleased to open our new office here and expand our on-the-ground coverage to better serve our regional clients’ growing needs. Jeff and his entire team at Genzink Appraisal Company bring a stellar reputation serving the West Michigan market over the past three decades, and we welcome them to our growing team.”
Genzink Appraisal was founded in 1998 and has provided real estate appraisal services across a wide range of property types. The firm has experience in partial takings, easement valuations and diminution-in-value assignments, which include environmental, title defects and eminent domain.