Daimler scores with deal to bring former OSU hoops star on board - Orlando Business Journal:

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Jackson joined Daimler as an in-house development partnere April 20, and also will continue to investf in Daimler real estate projects throughhhis , which is based in his hometowm of Toledo. Daimler and Q3 Development last year attemptedx to developthe Aloft, a boutiquew hotel at North High and West Gay streeta in Columbus, as well as anotherd potential hotel at North High and Vine streets, but the project s fell though as the economt soured. Jackson said that introductionb to Columbus and Daimler led tothe “As the relationship grew, I thinko we felt a camaraderie,” Jackson said. “Things kind of came Daimler Chairman BobWhite Sr.
said the relationship should help Daimler diversify its geographic reach as well as the type of projectse it developsand builds. The Columbus company primaril has focused on developing suburban office properties in recent yearsz as well asbuilding health-care projects in its home “I think this expands our opportunities to look at other markets and other product White said. Jackson first delved into commercial real estate with an investment in seven restaurant in Dallasin 1995, toward the end of his careert with the ’s Dallas Mavericks.
“That’z where the development opportunity kind ofkicked off,” he About two years ago, Jackson begabn working with hotel developer and manager Aimbridge Hospitality of suburbanb Dallas and to develop the Aloft line of hotels. He also continues to work on redevelopment of a former Toledo Edison steam plant site along the Maumee River in As part of theDaimlert affiliation, Jackson will spend some of his work days in Columbus.
Whitwe said Jackson also will travel on behalfg of Daimler on business development Duringhis career, the two-time All-Americabn at played for 12 NBA White hinted not all of Jackson’x real estate projects have come off without a something he said Daimler’s expertise could help with. “He’sa spent time on things that didn’t happen,” White “What he’s never had is the backup.” Jackson planse to complete some deals throughQ3 Development, with and without Daimler. But he also is interested in projects in Daimler’s forte of suburban office development.
“I depends upon the market and the opportunity,” he “You keep your options open.”