Gary Sproles
Executive Vice President, TCI Group - Jerry Petzoldt Agency LLC
Johnson City, TN 37601
Phone (423) 230-0255
Mobile (423) 612-0617
Specialties
Investment Sales Broker, Tenant Rep
Property Types
Industrial, Land, Office, Retail
Markets
Kingsport/Bristol/Bristol
Bio
Mr. Sproles is a regional partner with TCI Group – Jerry Petzoldt Agency at our Kingsport office. He has extensive commercial real estate experience including buy, sell, lease and trade transactions as well as site selection, master planning, and projects management. Mr. Sproles is licensed to practice commercial real estate in Tennessee and can serve in areas of expertise including:
Consulting in strategic issues and business planning
Facilities management
Portfolio management
Projects management
Transaction management
He is available to build value for clients using his extensive experience of 40 years in real estate, engineering, construction, and strategic planning.
Mr. Sproles held various management positions at Eastman Chemical Company, retiring in 2004 as its director of global real estate services. His responsibilities included assignments in 28 countries that resulted in real estate transactions. Leading this effort required a global network of economic development agencies, accounting, legal, banking, and real estate firms and this network is available to aid investors locally.
In 2005 Mr. Sproles served the region as the interim director of NETWORKS, Sullivan Partnership. NETWORKS provide integrated economic development services for Sullivan County. Work during the startup year included integrating the three competing organizations into one, establishing an office near Tri-Cities Airport, branding the organization, creating its strategic plan, and establishing Partnership Business Park One. This supply side work in economic development locally was complimented by his demand side experience as Eastman’s corporate representative to economic agencies worldwide. These skills can enhance investors’ strategic thinking, projects management, and subsequent real estate transactions.
Mr. Sproles is a Kingsport native and a graduate of the University of Tennessee. He holds a BS degree in civil engineering and a MS degree in engineering management.
He is a registered professional engineer and has led several technical and professional organizations on a local, regional, and state level.
“The sale of two medical office building for $23.4M offered significant challenges and time constraints. Partnering with David Prince of TCI Group and CBRE from Atlanta, we formed a team that brought together the largest area physician practice, a local hospital system as a tenant and a large national REIT as buyer. Once the purchase and sale agreements were in place closing happened within 30 days. Teamwork drives success!”
“My fulfillment and satisfaction in the market place comes from repeat business. I am blessed to have several clients, both individual investors and corporate entities, who have worked with me for as many as 10 plus transactions each. Our open relationships drive me to continue to find ways to serve them in an ever changing marketplace.”
Mr. Sproles community service includes activities on various boards and committees including United Way Greater Kingsport, Kingsport Tomorrow, Kingsport Area Chamber of Commerce, and NETWORKS Sullivan Partnership.
Education
