The Sachse Economic Development Corporation announced today that Karlos S. McGhee has joined its Board of Directors. The Sachse City Council appointed McGhee last month. McGhee brings more than 15 years of commercial real estate experience to the Sachse EDC. He is currently the Senior Regional Manager of Transactions for AT&T Services, Inc. in Dallas.
“We welcome Karlos and are excited about his background in commercial real estate, especially since we are working so much with the broker community during this extraordinary period of Sachse’s growth,” said Leslyn Blake, CEO of the Sachse EDC. “Karlos is joining a great team of leaders who work very well together and are committed to the economic development of Sachse.”
Karlos has built a reputation as a recognized professional in commercial real estate and brings a skill set around real estate development, transactions and negotiations that will greatly benefit the EDC.
“Sachse is a quiet, beautiful city that could benefit from positive economic growth, which will enhance the 2020 experience of live, work and play for our constituents,” said McGhee. “I am serving in an effort to effectively utilize my knowledge, skills, and ability to better assist my community.”
McGhee began his career in commercial real estate with AT&T in 1999 and has directly leased over 40 million square feet within the past 10+ years. In his current role at AT&T, McGhee’s contunious goal is to monetize/optimize AT&T real estate assets. He is responsible for the acquisitions and dispositions of both owned and leased space within the Central Region Territory. Over the past 10 years, McGhee has personally disposed of over 2,850 abandoned/retired AT&T Towers & L-Hut Locations totaling $260 million in AT&T Assets.
A native of Atlanta, Georgia, McGhee has been an active member of the Atlanta Chapter of Certified Commercial Investment Members (CCIM) since 2001 where he has a leadership seat on the CCIM Board of Directors (2013-2015).
McGhee resides in Sachse with his wife, Andrea and four daughters Kayla, 20; Kennedye, 17; Kendall, 13; and Kai 8.
The Sachse Economic Development Corporation acts on behalf of the City of Sachse in promoting and developing authorized projects, while supporting economic development activities to retain, expand and attract businesses for the purpose of diversifying the tax base and improving the quality of life of the citizens of Sachse. For more information, go to www.sachseedc.com.