Economics and Decision Sciences

Featured Alumnus 1998

Larry R. Baumgardner

Larry R. Baumgardner (MA, 71), President of Dominion Advisory Group/CRESA of San Antonio, Texas, is a commercial Realtor and business economist with 27 years in the real estate industry. He graduated from Central Methodist College, Fayette, Missouri in 1970 with a bachelor's degree in mathematics and business administration. As one of the top business majors in the state of Missouri, he was selected for the Ralston Purina Management Internship. This three month internship involved traveling the United States and conducting research for the company. In 1971, Mr. Baumgardner received highest academic honors while earning his master's in economics at WIU and was inducted into Phi Kappa Phi.

Prior to becoming a principal in the Dominion Advisory Group, he held positions as assistant treasurer and staff economist in a savings and loan, vice president of commercial brokerage in a major Texas real estate firm, and real estate administrator for worldwide facilities at USAA. Mr. Baumgardner holds the highest professional designation in the real estate industry, Certified Commercial Investment Member (CCIM).

Dominion Advisory Group is a member of the Corporate Real Estate Service Advisors (CRESA), a strategic partnership of real estate firms comprised of 33 firms located in 43 cities throughout the United States. With more than 600 tenant representative professionals, CRESA provides corporate representation to companies on a regional, national, and international basis. In 1997, CRESA completed leased and owned transaction involving over 35 million square feet.

At Dominion Advisory Group, Mr. Baumgardner provides real estate outsourcing on a local, regional, and national basis to a number of corporate clients. Typical services involve leasing, including acquiring and developing of facilities, and build-to-suit leaseholds.

In the San Antonio real estate market, Mr. Baumgardner has been active in both shopping center investment and development. Currently, he is involved in the ownership of nine shopping centers and holds land for future development. In addition to developing the standard to-be-leased retail centers, he has also developed build-to-suit retail centers.