ERES News Archives - Energy Real Estate Solutions, LLC

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ERES Continues Texas Expansion into Houston

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Vice President Patrick Kelly has been hired to enhance ERES’ boots-on-the ground brokerage services throughout Houston

 

PatrickKelly_WebHOUSTON, TX — October 2, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today it is further expanding its Texas presence with the addition of a key brokerage position based in Houston. Patrick Kelly has joined ERES as Vice President to enhance the firm’s boots-on-the-ground brokerage services throughout Houston and Texas energy markets.

This marks the company’s second Texas-based brokerage addition in the last three months, adding a Managing Broker to its Midland team in May. Kelly’s hire further sharpens ERES’ focus and strategy in Texas energy markets, where the company has already completed a significant number of brokerage, construction and property management projects through its Fort Worth and Midland office locations.

“Pat’s history and knowledge of the Houston market and energy sector allows ERES to better serve our existing and future clients throughout the state of Texas,” says Mike Elliott, ERES Founder & Managing Principal. “We now have an increased ability to provide full-scale, on-the-ground real estate services in one of Texas’ largest and most active markets.”

Kelly joins ERES with over 18 years of commercial brokerage and development experience, specializing in the acquisition, disposition, development, construction, evaluation and underwriting of investment grade real estate. A vast background in Houston markets and the energy sector, his focus is providing brokerage services for office and industrial properties in the 5,000 to 50,000 square foot range. In addition, Kelly provides ERES clients with extensive experience in the site selection, valuation and acquisition of raw land.

Kelly can be reached at patrick.kelly@energyreco.com or (281) 923-4303. ERES has four additional offices geared toward other emerging and developed energy markets located in Denver, CO (HQ), Fort Worth, TX, Midland, TX and Williston, ND. Go to www.energyreco.com/contact to learn more.

ABOUT ERES
Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

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ERES Nominated for 2018 Consultancy of the Year Oil & Gas Award

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ERES has been selected as a finalist in the 6th Annual Rocky Mountain Oil & Gas Awards

 

eres nominatedDENVER, CO — August 14, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today it has been nominated for Consultancy of the Year at the 2018 Rocky Mountain Oil & Gas Awards.

Since 2012, the Oil & Gas Awards seek out the best companies who push the energy industry forward when it comes to the core values of operational excellence, health and safety, corporate social responsibly and environmental stewardship. The awards are broken into four regional boundaries and 25 nomination categories, with winners chosen by a panel of over 100 senior energy executives.

ERES has been nominated in the Rocky Mountain region for the category of Consultancy of the Year. This award recognizes premier third-party consultancy services provided to upstream, midstream and downstream companies. ERES was selected as a finalist by demonstrating an impressive record of delivering innovative, original and consistent third-party advice on strategy, project delivery and execution to energy companies in the Rocky Mountain region.

“It’s an honor to be nominated by the Oil & Gas Awards as Consultancy of the Year” says ERES Founder & Managing Principal Mike Elliott. “Being recognized as a valuable partner is so important to us because we understand how difficult and time-consuming shale play real estate can be for energy companies, especially in rural markets. Our main goal has always been to provide clients with the boots-on-the-ground insight into these markets that are so critical to the success of their business…ensuring positive returns and continued opportunities.”

The 2018 Rocky Mountain Oil & Gas Awards winners will be announced at a gala dinner held August 21st in Denver, CO. The full list of finalists can be viewed here.

To learn more about Energy Real Estate Solutions, please visit www.energyreco.com.

ABOUT ERES

Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

ERES Founder & Managing Principal Mike Elliott to Speak at 2018 Bakken Conference & Expo

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Elliott is the only commercial real estate expert presenting at the premier three-day shale oil event

 

bakken real estate

ERES Founder & Managing Principal Mike Elliott

Watford City, ND — July 12, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today Founder & Managing Principal Mike Elliott will be speaking at the 4th annual Bakken Conference & Expo, one of North Dakota’s premier shale oil events, taking place July 16-18 in Watford City, North Dakota.

Elliott will be presenting on the Bakken 2.0 panel, examining the new realities for real estate, roads and community enhancement in the Bakken shale play. Joining Elliott on the four-person panel are Williston Economic Development Director Shawn Wenko, The Renaissance Companies Building Manager Muriel Lippert and Executive Director of Watford City Economic Development Daniel Stenberg.

During his portion Elliott will highlight key observations related to the impact of oil prices on real estate supply, demand, pricing, and development. Attendees will walk away with practical examples of how those entrenched in the energy real estate landscape can minimize risk whilst capitalizing upon current and future opportunities.

“The news about the historic rise in U.S. oil production is everywhere you turn, and North Dakota real estate owners and investors are right to expect profitable times,” says ERES Founder & Managing Principal Mike Elliott. “Markets have stabilized, capital is coming into core markets, and we are now entering an upswing where Bakken real estate assets are experiencing lowered inventories and increased demand.”

Elliott has over 25 years’ experience in the real estate industry, specializing in the energy industry with an emphasis on key shale plays such as the Bakken. He has become a go-to expert in North Dakota real estate markets, offering deep knowledge and expertise in the various ways energy activity positively, and negatively, impacts real estate investments and development.

For full Bakken Conference & Expo information, including the three-day agenda, visit www.thebakkenconference.com.

ABOUT ERES

Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

 

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

ERES Expands West Texas Presence with the Addition of Key Brokerage Position

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New Texas Managing Broker position will increase ERES’ on-the-ground brokerage capabilities throughout Permian energy markets

 

PearsonDavidMidland, TX — May 31, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today the addition of a newly created brokerage position based out of the company’s Midland, TX office. David Pearson has joined ERES as Texas Managing Broker to support the company’s brokerage division, focusing on business development and activity throughout the Permian Basin and West Texas energy markets.

Pearson’s addition further sharpens ERES’ focus and strategy in Texas energy markets, where the company has already completed a significant number of brokerage, construction and property management projects through its Fort Worth and Midland office locations.

“West Texas markets, like Midland, continue to be extremely active hubs of energy activity for the southern part of the United States,” says Mike Elliott, ERES Founder & Managing Principal. “By establishing this new brokerage position and adding David to the team, ERES now has an increased ability to provide full-scale, “boots-on-the-ground” real estate services across Texas.”

Pearson joins ERES with over 15 years commercial brokerage experience, specializing in the acquisition, disposition, development and maintenance of commercial and unimproved properties. He adds unique value to current and future clients due to his varied background and vast expertise in land acquisition evaluation, financial analysis, agriculture, and the oil and gas industry.

“David is an engaged real estate partner who provides highly focused client services in energy markets that are consistently fluctuating,” says Elliott. “His strength lies in his ability to identify, analyze and value commercial property opportunities that hold long-term appreciation potential and income stream generation.”

Prior to joining ERES, Pearson ran his own successful Lubbock-based brokerage firm, spent 15 years as a Principal Land Broker specializing in the acquisition, development and expansion of unimproved properties, and was Vice President at one of Texas’ largest bank holding companies servicing clients with credit needs from $10 to $100 million. He is currently a member of the North Texas Commercial Association of Realtors and has been a licensed real estate Broker in Texas since 2005. Pearson has also held broker licenses in Arkansas, New Mexico and Oklahoma.

Pearson will be located at 303 West Wall Street, Suite 1002 in Midland in the epicenter of downtown business activity.  ERES has three additional offices geared toward other emerging and developed energy markets located in Denver, CO (HQ), Fort Worth, TX, and Williston, ND.

To learn more about David Pearson and Energy Real Estate Solutions, please visit www.energyreco.com.

ABOUT ERES
Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

ERES Joins Williston Economic Development Week Panel Discussion

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Broker Deano Vass to review the City’s economic atmosphere at The Retail Summit on May 9th

 

Vass_DeanoWilliston, ND — May 8, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, has announced its participation in Williston Economic Development Week as ERES Broker Deano Vass joins the panel discussion “Williston’s Economic Atmosphere” at The Retail Summit on Wednesday, May 9th.

Organized by the City of Williston, The Retail Summit is designed to attract new businesses and support current retailers in the Williston Trade Region. During this free event, held 7:30 am to 11:30 am, panelists will discuss marketing techniques for local business, available commercial space for lease or purchase, financial incentives for new businesses and the demographics of Williston shoppers.

“With Bakken oil production activity reaching historic levels we are definitely seeing increased demand for commercial space across Williston,” says ERES Broker Deano Vass. “Retailers who want to buy or lease space need to act fast, and know where to look, while there is still inventory on market.”

Vass has over 35 years’ of commercial real estate experience and deep insights into various facets of the industry. Based in Williston, his knowledge of North Dakota and, specifically, the Bakken area has provided ERES with an increased ability to provide knowledgeable, on-the-ground brokerage and real estate consulting to clients from all sectors in this challenging market.

To learn more about Energy Real Estate Solutions, and to search area commercial real estate listings, please visit www.energyreco.com.

ABOUT ERES
Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

Energy Real Estate Solutions Announces Four-Year Anniversary

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The full-service real estate firm focuses on longevity and breadth of services as it releases key growth statistics

 

energy real estateDenver, CO — April 3, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, has announced its four-year corporate anniversary. Launched in Denver, CO in April 2014, ERES has experienced significant growth since opening its doors, despite past uncertainty and tumult in the energy industry.

“We are so proud of the expansion and success ERES has experienced over these past four years,” said Mike Elliott, ERES Founder & Managing Principal. “Energy markets have certainly felt the turbulent ups and downs of crude oil prices, but ERES’ momentum has remained strong and the market impact we have curated for our clients is palpable.”

2014 – 2018 Key Growth Statistics:

  • Completed real estate services and transactions in 22 U.S. states and four countries
  • Opened four regional offices located in Denver, CO (HQ), Williston, ND, Midland, TX and Fort Worth, TX
  • Expanded to a real estate team of over 130 staff members
  • Reached $10 million in 2017 estimated revenue, up 45% from 2016
  • Represented the sale or lease of over $750 million of land or property (2017 EOY)
  • Managed over 4.5 million square feet, including 3,000+ multifamily units (2017 EOY)

With a cultivated specialization in key shale play markets, ERES has become the go-to expert for businesses with operations in and around the world’s most active energy markets, offering deep knowledge and expertise in the various ways oil activity impacts real estate investments and development.

“Our industry knowledge and market insight are a critical asset to clients seeking better ways to maximize their real estate portfolios,” said Elliott. “As we look to the future, ERES will continue to leverage our unique business model to provide sophisticated, tailored services to ensure the success of our clients’ real estate endeavors…no matter what the energy markets have in store.”

So far this year the real estate climate has been quite positive for major U.S. shale plays, with crude prices stabilizing and production activity continuing to increase from the Bakken to the Permian. In November 2017, U.S. crude oil production broke 10 million barrels a day for the first time in 48 years. All data points convey that the U.S. could soon become the largest oil producer in the world, which is incredible news for field service real estate investments.

“We already are seeing dramatic real estate inventory decreases in the markets where we do business,” said Elliott. “If the current production upswing continues as predicted we are going to help hundreds of clients see big returns on their shale play investments. We’re very excited to see what’s next.”

To learn more about Energy Real Estate Solutions, please visit www.energyreco.com.

ABOUT ERES
Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

ERES Leadership to Speak at Prominent Bakken Real Estate Event

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Founder & Managing Principal Mike Elliott to join other Bakken real estate leaders at the 7th Annual North Dakota Summit: Minneapolis on March 9th

bakken real estate

ERES Founder & Managing Principal Mike Elliott

Minneapolis, MN — March 5, 2018 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today that Founder & Managing Principal Mike Elliott will be speaking at the 7th Annual North Dakota Summit in Minneapolis, MN on March 9th, 2018.

Organized by Real Estate Summits and the Minnesota Real Estate Journal, Elliott will join other C-level industry professionals to discuss the current and future impact that Bakken oil and agricultural activity will have on North Dakota real estate markets.

“With Bakken oil production activity in a historic upswing, North Dakota real estate owners and investors should once again find themselves in very profitable times,” says ERES Founder & Managing Principal Mike Elliott. “All of the market data we are seeing, including on-the-ground activity, continues to point to one thing –  Bakken real estate assets are experiencing increased demand.”

Elliott has over 25 years’ experience in the real estate industry, specializing in the energy industry with an emphasis on key shale plays such as the Bakken. He has become a go-to expert in North Dakota real estate markets, offering deep knowledge and expertise in the various ways oil production activity positively, and negatively, impacts real estate investments and development.

For full event information, including a detailed rundown of covered topics, visit the North Dakota Summit event page.

To learn more about Mike Elliott and Energy Real Estate Solutions, please visit www.energyreco.com.

ABOUT ERES
Energy Real Estate Solutions (ERES), a full-service commercial real estate firm focused on helping energy companies and investors maximize their real estate portfolios, provides brokerage, project management, property and asset management, development, workforce housing, and consulting services in and around the world’s most active energy sites. For more information, visit www.energyreco.com.

CONTACT
Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com

BlogHeader_News_2017

Energy Real Estate Solutions Expands Corporate Headquarters

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ERES has relocated to a new, enhanced space to accommodate growing Colorado-based operations

energy real estate

Denver Energy Center Towers

Denver, CO — November 21, 2016 — Energy Real Estate Solutions (ERES), a full-service real estate firm focused on providing brokerage, development, property management, construction management, and consulting services to North American energy markets, announced today that it has relocated its corporate headquarters, moving into a new, enhanced space in the Denver Energy Center Towers in downtown Denver. The new facilities include additional office space and upgraded technology systems to accommodate ERES’ rapidly expanding team and operations based in Colorado.

“The growth that ERES has experienced in its first three years is beyond anything we could have imagined,” says ERES Founder & Managing Principal Mike Elliott. “Our new headquarters allows our growing team to better serve clients, providing stronger, enhanced and more comprehensive services to energy companies seeking commercial real estate assistance.”

Since the company’s launch in April of 2014, ERES has grown its employee base exponentially, adding 108 dedicated team members to its brokerage, project management, asset and property management, and workforce housing divisions. In addition to its Denver headquarters, ERES has opened three regional offices located in Fort Worth, TX, Midland, TX, and Williston, ND.

The new corporate headquarters, at Denver Energy Center, 1675 Broadway, Suite 2010, Denver, CO 80202, is located in the epicenter of business activity and energy commerce in downtown Denver, situated on the famed 16th Street Mall just two blocks from the State Capitol Building and City Municipal buildings.

To learn more about Energy Real Estate Solutions, please visit www.energyreco.com.

ABOUT ERES

As shale markets continue to become a larger and more meaningful part of the global energy outlook, real estate development has become increasingly difficult and time consuming to navigate. Energy Real Estate Solutions, LLC (ERES) is a full service commercial real estate firm focused on helping energy companies and investors to maximize their real estate portfolio, while allowing their focus to remain on other key operational concerns. For more information, visit www.energyreco.com.

CONTACT

Julia DuVal
Director of Marketing
720.403.8423
julia.duval@energyreco.com