Fort Myers commercial real estate firm grows leadership team

Fort Myers-based LSI Cos. is growing its leadership ranks.

In the past week the company has named two new officials to its top ranks, hiring one executive, Mark Price, and promoting an existing employee, Nelson Taylor.

Taylor, who was LSI’s market research director, was promoted to vice president of market research. In that role, he’ll oversee research projects and is charged with expanding the department to include the addition of new research associates and services. 

He has been in the real estate industry for 13 years, four of them with LSI, and works with clients “to develop market-based solutions in response to complex real estate issues for use in strategic asset management, investment analysis, portfolio valuation and litigation.”

As for Price, he is the new director of operations and will oversee company operations, sales and business development in addition to helping with investor relations and sourcing capital.

Price, according to a statement announcing his hiring, has more than 10 years of experience in market analysis, research and acquisition and disposition of commercial and residential real estate. He was involved in “some of SWFL’s largest and most challenging developments,” LSI says in the statement.

The two positions are both new to the company, a sign of its growth in the months since new CEO Justin Thibaut took over the business from his father, LSI’s founder.