 M. G. (Buddy) Herring, Jr. Chairman & Chief Executive Officer The MGHerring Group Dallas, TX United States | M. G. "Buddy" Herring, Jr., a past chairman of the International Council of Shopping Centers is chairman and chief executive officer of The MGHerring Group, a privately held real estate development, leasing and management company headquartered in Dallas, Texas. He has been developing and managing shopping centers for almost four decades, having developed more than 30 major shopping centers comprising more than 25 million square feet of retail space in the United States and Mexico. After developing Uptown Village at Cedar Hill in the southwest portion of the Dallas-Fort Worth Metroplex in the late 2000s, Herring developed in the northern side of the Metroplex, one of the largest retail projects in the United States known as The Village at Allen, a mixed-use center that in conjunction with Herring’s Village of Fairview across the street comprises more than two million square feet of retail in 400 acres featuring complementary retail, restaurants, entertainment, a sport facility, offices and a hotel.
Following his studies at Louisiana State University, Herring began his career in retailing in 1963. In 1968, he joined The Rouse Company as a mall manager in Houston, Texas, and in 1970, he moved to Chicago, Ill. as a project director for Homart Development Co. where he rose through the ranks to become vice president overseeing the leasing activities of 22 regional malls comprising 21 million square feet of gross leasable area. In 1975, Herring joined Paul Broadhead & Associates, then based in Meridian, Miss. as president and a general partner with responsibility for the operations and development of the company. Under his leadership, the company grew from a staff of 10 to more than 600 eventually becoming one of the most prominent shopping center developers in the United States. He built a management team that excelled in all facets of the shopping center industry, winning over 150 awards for management and marketing. Herring moved the company’s headquarters to Dallas, Texas in 1982 and two years later, he purchased Broadhead’s interest and changed the name of the company to The Herring Group. He formed a joint venture in 1985 with Marathon U.S. Realties, a subsidiary of Canadian Pacific. In 1989, he sold the company and formed The MGHerring Group where he continued developing shopping centers in the United States and in Monterrey and Leon, Mexico. Herring’s company was instrumental in bringing JCPenney to Mexico and undertook real estate activities for Sears de Mexico through the mid-1990s. Herring devoted most of his professional life volunteering for the International Council of Shopping Centers. He served as chairman of ICSC’s national convention now renamed RECon, ICSC Arkansas/Mississippi state director from 1976 to 1978 and today he serves as ex-officio member of the ICSC Board of Trustees, having the distinction of being the longest serving living active trustee of the organization. He joined the ICSC board in 1979; served his three-year term, during which he was appointed to serve as vice president of ICSC’s Southern Division from 1980 to 1982. Upon completion of his term, the general membership elected Herring as worldwide chairman of the organization for one year and then he served on ICSC’s executive committee for an additional five years. In 1990, he became a lifetime ex-officio trustee of the organization and has served on many high-profile committees of ICSC’s board including as a founding member of the ICSC Worldwide Commission, chairman of the nominating committee and a member of the long range planning committee, executive compensation committee and the investment and employee retirement committee.
Herring lives with his wife Edna Herring in Dallas. Edna is the most senior of Herring’s company and is vice president of administration and secretary-treasurer of the company. Her career spanned over 40 years. Buddy Herring has two children. His son, Gar Herring, SCDP, is now president and chief operating officer of Herring’s company (also an ICSC trustee and Southern Division vice president) and his daughter, Heather Herring Stanton, is corporate communications and marketing director of Herring’s company and is also an active ICSC volunteer (member of ICSC Foundation board of directors). Buddy and Edna Herring have four grandchildren. |