Real Estate and Appraisal Services Provider in North and South Carolina

Our Story

Our Story

Leatherman Real Estate Services was founded by Frank D. Leatherman, Jr, MAI, CCIM, and established in 1991. LRES is a full service commercial real estate function providing appraisal services, brokerage, leasing, property management, and consulting.

Frank Leatherman is a native of Raleigh and a graduate of the University of NC at Chapel Hill. He is a Certified General Real Estate Appraiser, a licensed NC Real Estate Broker, a member of the Appraisal Institute and a CCIM. Having an extensive background in the banking and real estate genres, Mr. Leatherman has appraised a variety of commercial properties including office buildings, shopping centers, subdivisions, apartments, restaurants, industrial properties, vacant land, historic properties, mixed-use developments, golf courses, cotton gins, waste treatment facilities, landfills, municipal and institutional properties.

Leatherman Real Estate Services

Mr. Leatherman has extensive experience in eminent domain issues providing expert testimony for municipalities and property owners. Mr. Leatherman's client relationships include some of the nation's major financial institutions and development companies, attorneys, municipalities, public and private corporations as well as individual property owners.

Carolyn B. Terry, Managing Partner, Certified General Real Estate Appraiser, and Broker has been with Leatherman Real Estate Services since its inception in 1991. Ms. Terry manages the daily administrative and financial functions of LRES as well as providing appraisal, commercial/residential brokerage services and consulting. A native of Charlotte where she started her real estate career, she has an extensive background in leasing, property management and development of residential and commercial properties. Prior to her real estate experience, Ms. Terry worked in Sales and Human Resources.

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Frank D. Leatherman, Jr., MAI, CCIM

Frank D. Leatherman, Jr, MAI, CCIM, is a partner in Leatherman Real Estate Services LLC (established in 1991) and serves as chief appraiser. LRES is a full service commercial real estate function providing appraisal services, brokerage and consulting. Mr. Leatherman is a native of Raleigh and a graduate of the University of NC at Chapel Hill. He is a Certified General Real Estate Appraiser, a licensed NC Real Estate Broker, a member of the Appraisal Institute and a CCIM.

Having an extensive background in the banking and real estate genres, Mr. Leatherman has appraised a variety of commercial properties including office buildings, shopping centers, subdivisions, apartments, restaurants, industrial properties, vacant land, historic properties, mixed-use developments, golf courses, cotton gins, waste treatment facilities, landfills, municipal and institutional properties. Mr. Leatherman has extensive experience in eminent domain issues providing expert testimony for municipalities and property owners. Mr. Leatherman's client relationships include some of the nations major financial institutions and development companies, attorneys, municipalities, public and private corporations as well as individual property owners.

Our Team

Carolyn B. Terry, Managing Partner, Certified General Real Estate Appraiser, and Broker has been with Leatherman Real Estate Services LLC since its inception in 1991.
Jessica Rouse

Jessica Rouse

Jessica Rouse is a Certified General Real Estate Appraiser pursuing her MAI designation.
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Herman Leatherman

Herman Leatherman joined LRES in June 2013 as a Research Coordinator and received his Trainee certification in December of 2015.
Lauren Freiberg

Lauren Freiberg

Lauren Freiberg joined LRES in May 2010 and is a Certified General Real Estate Appraiser and Licensed North Carolina Broker.
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Chris Markwood

Christopher Markwood joined LRES in July 2021 as a Real Estate Appraiser Trainee. Chris is originally from Chapel Hill, NC where he lived until graduating from Chapel Hill High School in 2000.
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Robert Terry MAI

Robert “Tripp” Terry has been appraising commercial real estate since 2010. Tripp is certified in North and South Carolina and earned the MAI designation from the Appraisal Institute in 2019.