John Sughrue
John Sughrue is the founder of Brook Partners, a real estate development firm. He has been actively engaged in numerous development projects throughout Dallas, Texas.
He is also the co-founder of Dallas Art Fair, an event which has had a remarkable impact on Texas’ art community by uniting creators.
Early Life and Education
John Sughrue was born on January 27, 1909 in Lexington, Massachusetts to Dennis Sughrue and Mary T. Sughrue.
John graduated from Duquesne Catholic University in Pittsburgh with a degree in accounting. He served in the National Guard and worked as an accountant for several years before launching his own consulting business.
He served as Director of Veritex Community Bank in Dallas before founding Brook Partners in 1994 to take advantage of real estate investment opportunities. Since then, he has developed, invested in and advised on many commercial projects throughout the Southwest. As an influential figure within the real estate industry, Brook Partners has helped shape several iconic landmarks around Dallas.
Professional Career
John Sughrue has achieved great success in his professional career. His expertise within real estate, combined with his work for Brook Partners and SCI Real Estate Development, have resulted in an extensive portfolio of distressed assets across a variety of property types both domestically and abroad.
He has extensive expertise in commercial and residential real estate, office buildings and data centers. Furthermore, he has acquired and repositioned distressed assets acquired from RTC, insurance companies and other distressed sellers.
He is a partner at Sughrue Mion, an intellectual property boutique firm. He represents clients in patent, trademark and copyright matters through litigation, post-grant proceedings before the PTAB and counseling in all areas of U.S. IP law – from clearance and enforceability opinions to validity opinions.
Achievements and Honors
John Sughrue is a successful businessman renowned for his innovative dealmaking and urban renewal initiatives.
He has played a pivotal role in the establishment of numerous businesses and remains an engaged member in his community.
He is a member of both the Harvard Law School Board of Visitors and Boston Bar Association, having also served as trustee for both organizations. Furthermore, he served as president of the Real Property, Probate, and Trust Law Section during its inaugural year.
He has been recognized with numerous awards and honors for his accomplishments, including the Distinguished Service Award from the Boston Bar Association, Outstanding Young Lawyer award from New England Trial Lawyers Association, as well as National Association of Criminal Defense Attorneys’ Lifetime Achievement Award.
Personal Life
John Sughrue lived a happy and fulfilling life, but was also faced with some personal struggles. In 2014, he was accused of child molestation; however, he maintained his innocence throughout the trial and was found not guilty.
In 2015, Sughrue and his family relocated to Windsor. While Sughrue was involved with multiple businesses, his primary focus was the founding of Brook Partners Inc.
Established in 1994, his company quickly earned a place of honor among Dallas’ premier real estate companies. Over that period of time, it has developed and invested in over $1 billion worth of projects.
Net Worth
John Sughrue
According to a Form 4 filed with the SEC, he made over 31 trades of VBTX stock over nine years. Additionally, he serves as director for Veritex Holdings Inc.
He earned a total compensation of $129,140 from Veritex Holdings Inc. He owns 3,652 units of VBTX common stock.
Furthermore, he sold 7,652 shares of VBTX stock over the past 18 months.
Caleb Smith didn’t expect to last in Dallas. After working around the world, including New Jersey, he thought Dallas’ heat and boredom would prove too much for him. Yet he persisted; today his family owns Spire Realty Group which oversees the renovation of Bryan Tower – a 40-story downtown office building – as part of their growing portfolio.