Randy's Resume
John Randy Egenbacher
3706 66th Street
Lubbock, Texas 79413

(806) 786-3420 Direct, (806) 792-1861 Fax (806) 797-3532 Home

Randy@ereproperties.com

Senior Real Estate executive with substantial experience in all areas of Corporate Real Estate. Demonstrated expertise in successful negotiation of lease renewals, lease terminations, property acquisitions, property dispositions, new site selection, existing site evaluation, construction supervision, facility maintenance and design. Broad experience in corporate Tenant/Landlord legal issues. Also demonstrated general business expertise as owner of small restaurant company by increasing profits over $300,000 per year.

Westar Commercial Realty, Inc., Lubbock, Texas 97 – Present
Lubbock’s largest full-service, commercial Real Estate firm. Offering expertise in commercial brokerage, leasing, management and consulting.

Partner, Vice President

· Real Estate Consultant to Furr’s/Bishop’s, Inc. (1997 – 1999)

· Successfully brokered sale of 30,000 square foot office complex of Furr’s/Bishop’s, Inc. when they relocated their corporate offices from Lubbock to Dallas.

· Successfully brokered sale of Furr’s Cafeteria in Tulsa, OK and negotiated the buyout of the lease.

Zoo-Kini’s Restaurant Group, Lubbock, Texas (1997 – 2001)

A full-service casual dining restaurant specializing in an 80-item salad bar, soup, potato and bread bars, plus 65 menu items.

Owner/Operator
Manage entire operation including 100 (+) employees, marketing, purchasing, pricing, menu development, recipe development, accounting, design, construction and capital management.

· Developed and implemented concept changes that resulted in sales increases of over 60% and improved profits over $300,000 per year.

Furr’s/Bishop’s, Inc., Richardson, TX (Formerly in Lubbock, TX) (1987 – 1997)

The company is publicly traded on the New York Stock Exchange and is one of the largest cafeteria chains with revenues of $200 million and over 5,000 employees with operations in fourteen states.

Vice President, Real Estate and Construction (1994 – 1997)

Reported to the Chairman and CEO. Directly responsible for all matters concerning Real Estate, Real Estate Litigation, Construction and Design.

· Generated approximately $10 million from the sale of excess property.

· Negotiated approximately $1 million from Landlords for remodels.

· Supervised attorneys and participated as an expert witness in Tenant/Landlord litigation. Directed trials in New Mexico, Nevada, Colorado and Illinois.

· Completed comprehensive site quality analysis on 135 existing store locations.

· Managed Real Estate aspects of the $60 million complex sale/leaseback real estate package consisting of 43 building leases and 40 related ground leases between Kmart and Furr’s.

President, Cavalcade Development, L.P. (1989 –1997)
Reported to the Chairman. Negotiated the purchase, renovation and disposition of a 30-acre re-development.

Vice President, Furr’s/Bishop’s Specialty Restaurant Group, L. P. (1989– 1997)

Reported to the Chairman and CEO. One of a five-member team that was responsible for developing non-cafeteria growth concepts.

· Refined the Furr’s Pie Kitchen Concept.

· Created Zoo-Kini’s Grill, El Paso BBQ, Rio’s Mexican Restaurant and Cantina and Furr’s Family Buffet concepts.

Manager, Real Estate Department
(1987 – 1994)

Reorganized existing Real Estate Department to manage 140 leases and 12 owned properties. Disposed of 23 excess properties.

· Organized all lease documents. Converted tracking of lease renewal dates and other vital dates to computer system.

· Managed Real Estate investment transactions including the acquisition and disposition of the following: 60,000 square foot office complex, 15,000 square foot office complex, 30-acre re-development. The transactions resulted in profits of over $600,000.

Huffines & Partners, Inc.,
Dallas, Texas (1985 – 1987)
A full-service Commercial Real Estate firm.

Associate

Commercial and Investment Real Estate Brokerage, Leasing, Acquisitions and Dispositions

Nita Kiesling Realtors,
Lubbock, Texas 1983 – 1985

A full-service Residential and Commercial Real Estate firm.

Manager/Broker
Created and supervised the Commercial and Property management divisions for the company. Responsible for all training, budgeting, marketing and recruiting for the division.

Henry S. Miller Companies,
Dallas, TX (1982 –1982)

A full-service Commercial Real Estate firm. Later sold to Grubb and Ellis.

Associate – Office buildings Division
Responsible for leasing office space in Dallas.

Education
Texas Tech University 1974 - 1978
CCIM Designation – Realtors National Marketing Institute 1982
Texas Real Estate Brokers License 1976
Texas Real Estate Salesman License 1974