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 James K. (Jim) Nance, Jr. was born in 1944 in
Austin, Texas, but moved to Houston, Texas at an early age. He initially
attended Rice University, but graduated from The University
of Texas. In 1969, after military service, he began his career with First
Mortgage Company, the largest commercial/residential mortgage bank in
Houston, becoming senior vice president of the commercial lending
department and representing national clients such as the Trammell Crow
Company and Gerald D. Hines Interests.
In 1975, Mr. Nance left the corporate sector,
joining as principal and minor partner in Pilgrim Enterprises development
activities. This company became the largest private mini-warehouse
developer in the U.S.,
selling out to a public company for over $100 million dollars, which
provided Jim with the equity to start his own company.
In 1979, Mr. Nance founded Nance and Associates,
a commercial real estate development company in Houston
specializing in luxury apartments, class "A" office buildings, and joint
venture creations. Mr. Nance directed as principal the development and
construction of more than $200,000,000 in real estate assets.
In 1984, Mr. Nance moved his family to Washington,
North Carolina and has continued his real estate development and
management activities as Nance & Daughter, developing through partnerships
more than $100,000,000 in shopping centers, office warehouses, office
buildings, business parks, build to suit buildings, luxury apartments and
residential enclaves in 3 states. He is blessed in marriage to June Nance
for 36 years, and they have one great daughter, Kathryn, a practicing
attorney, grandson Ted, and son through marriage, Adam Roark, in Houston, Texas.
Al and
Jim have been partners now for almost 8 years.
His civic involvement encompasses:
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Serving on the Board, Eastern Region, First
Union National Bank, 1986-2001
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Serving on the Board Member, Pitt County
Wachovia Bank, 2002-2003
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Chairing the Regional Advisory Board for
Cooperative Bank, Beaufort County, NC, 2003-2006
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Serving on Board City of Washington
Planning Board, 1998-2007
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Chairman of City of Washington Planning
Board, 1998-2001 & 2004-2007
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Board Member, Committee of 100, Beaufort
County, 2003-2006
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Executive Board Member, Foundation for
Renewal of Eastern North Carolina, 2003-2005
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