GRAPEVINE, TX – January 18, 2023, Vision Commercial Real Estate is pleased to announce the promotion of Zach Johnson from vice president to president/principal of Vision Commercial Capital Group (VCCG), effective January 1, 2023.
In October of 2021, Vision Commercial opened a private equity arm (VCCG) to begin acquiring commercial properties across multiple asset classes, exploring retail/industrial/office acquisition and development opportunities. Johnson spearheaded this new venture capitalizing on his financial and investment background.
In 2022, VCCG purchased three assets. The first is an 80,000-square-foot flex development at 2050 N. Plano Rd. in Richardson, Texas. Next was a 15,000-square-foot class A mixed-use retail/office building on McKinney Square at 305 E. Virginia St. in McKinney, Texas. Lastly, VCCG purchased a 20,000-square-foot flex project along with three additional acres to develop 52,000-square-foot additional Flex space at 9901 E. Bankhead Hwy. in Aledo, Texas. These projects totaled over $22 million and 170,000 square feet throughout the DFW area. VCCG, even in this volatile market, has several projects in tow to close in 2023.
Vision Commercial Capital Group looks forward to its growth and great success with Johnson as the president/principal as he continues his institutional approach to a boutique-sized firm that is committed to prioritizing value-driven assets.