March 20, 2023

Blue Crane hires Brian Shaw for improvement position

Bentonville developer Blue Crane has employed Brian Shaw as its vp of improvement. His first day was Jan. 3.

Shaw is a co-founder, accomplice and board member for the business actual property agency Cushman & Wakefield/Sage Companions in Rogers. Shaw helped begin the enterprise in 2005 and was the agency’s CEO till early 2021, when he grew to become govt chairman. Sage Companions grew to become a New York-based Cushman & Wakefield alliance member in 2018.

“Brian has been an integral a part of Sage Companions since our founding in 2005, and we’re extraordinarily grateful for his many contributions to our firm,” Marshall Saviers, CEO and principal of Sage Companions, mentioned in a Monday (Jan. 9) information launch. “We sit up for proceed working with him as a part of the Blue Crane group.”

Sage Companions manages and markets greater than 7.5 million sq. ft of workplace, industrial and retail properties throughout the state. The agency additionally has a Little Rock workplace.

Blue Crane is the actual property acquisition and improvement arm of Runway Group, a diversified holding firm based mostly in Bentonville and led by Steuart Walton and his youthful brother, Tom Walton. They’re the grandsons of Walmart founder Sam Walton and the sons of Arvest Financial institution Group Inc. chairman and CEO Jim Walton. A few of its notable Northwest Arkansas initiatives embody eighth Avenue Market, Skylight Cinema, Crystal Flats, The File and Blake St. Home.

“Sage Companions is coming off one other document yr in 2022 with income up roughly 50% since 2020,” mentioned Tom Allen, president and principal of Sage Companions. “I, together with our current management group consisting of CEO Marshall Saviers, COO Jordan Martin and CFO Tina Miles, want Brian continued success in his new endeavor with one other excellent group in Blue Crane. We’re excited in regards to the alternatives for each firms going ahead.”

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Blue Crane is a long-standing consumer of Cushman & Wakefield/Sage Companions.

“Blue Crane is happy to welcome Brian Shaw to the group,” CEO Jared Faciszewski mentioned. “Brian’s management and actual property expertise, character, and fervour for NWA will likely be a big asset for Blue Crane because the group seeks to effectuate its function — ‘creating locations for humanity to flourish in NWA.’”