ORLANDO, Fla. (November 15, 2019) – Demetree Global, a leader in Central Florida commercial real estate and land development for more than 70 years, has named Glenn Kindred as the company’s President, succeeding Bob Case. Kindred most recently served as Global’s Chief Investment Officer.
Case will continue with the company serving as Senior Advisor to Chairwoman Mary Demetree and on the Demetree Family Trust Board.
With more than 25 years in the real estate industry, Kindred has led national real estate organizations with assets in excess of $4 billion encompassing real estate investing, management and development. Prior to joining Demetree Global, Kindred was responsible for real estate transactions aggregating in excess of $6 billion. Earlier in his career, Kindred worked in commercial banking and real estate finance where he originated and underwrote various types of real estate loans. Kindred is a graduate of Stetson University, Florida Atlantic University and Florida International University. He is also a licensed real estate broker and holds the CCIM designation.
Case has served as Demetree Global president since 2015. During this time, he oversaw the transition of Demetree to a more institutional organization, blending entrepreneurialism and institutionalism, and creating the infrastructure, processes and systems needed to help the company scale and grow.
“This transition is a result of a very thoughtful two-year succession planning process. Glenn brings a unique combination of knowledge of the real estate industry, banking and finance, with strong leadership and organizational skills. Bob brought a proven track record of building organizational structure and tremendous knowledge of how to guide organizations through transitional times,” Chairwoman Mary Demetree said. “The intent of Bob’s role was always short term, while we prepared the organization for success in executing our long-term plan. Glenn’s succession to the role of president will ensure we maintain this momentum for growth and success. I am grateful Bob will remain engaged with Demetree Global and excited about the contributions Glenn will make in his new assignment.”
“I look forward to the future of Demetree Global as we grow our asset base, bring to fruition multiple signature development projects and continue growing our private equity portfolio,” Kindred said.
“It has been a privilege to help lead Demetree Global through this unique time” Case said. “Demetree is well-positioned for continued and significant growth, and Glenn will oversee the company’s expanding impact in the real estate market.”
About Demetree Global
Demetree Global has been a pioneer in land development, construction, commercial real estate and land use, positioning the company as an industry leader for more than 70 years. Evidence of the Demetree entrepreneurial spirit and vision is built into skylines, executive office centers, suburbs, multi-tenant facilities, student housing, real estate development projects and retail shopping centers throughout Florida. The Demetree Global family of companies has a rich heritage in Jacksonville, Miami and Orlando, Florida. After selling 12,500 acres to Walt Disney and helping create the Orlando skyline, the Demetree trademark remains known for its attention to detail, superior service and successful business relationships with employees, partners, clients and tenants.
Demetree Global’s portfolio of investments includes 1.5 million square-feet of commercial real estate, over 6,000 residential units, more than 1,200 hotel keys, 1,600 acres of raw land and a variety of operating businesses across several industries. Demetree Global’s pipeline of real estate projects currently in various stages of development include 225 residential units, over 300 hotel keys, more than 1,500 student housing beds and more than 200,000 square-feet of retail. For more information, visit www.demetreeglobal.com