Management Team

J. Pate Foshee

Principal

J. Malcolm Jones III

Principal

Malcolm Jones is a founding member and principal of Colonial Capital, LLC, a real estate investment and development company with a focus on ​opportunistic investments and traditional development deals. Mr. Jones has real estate experience across multiple asset classes including land, commercial, multi-family, retail and single family development and home building. 

Prior to co-founding Colonial Capital, Mr. Jones was Project Manager and Land Acquisition Manager for the North Florida division of Toll Brothers Luxury Home Builders. Prior to Toll Brothers, Mr. Jones was a Project Manager for the St. Joe Company with responsibilities including design and development of two resort communities on the West coast of Florida. Mr. Jones began his career as an Industrial broker with Grubb and Ellis / Phoenix Realty Group in Jacksonville. 

Malcolm is a life long resident of Jacksonville, FL and lives there with his wife Kate and three boys. He is an active member of ICSC, ULI and NAIOP.

Education

Mr. Jones received his B.A. in Economics from Hampden-Sydney College 

Pate Foshee is a founding member and principal of Colonial Capital, LLC, a real estate investment and development company with a focus on opportunistic investments and traditional development deals. Mr. Foshee has a broad real estate background including office, retail, multi-family, land development and asset management as well as being a state certified General Contractor. 

Prior to co-founding Colonial Capital, Mr. Foshee founded CastleRock Realty, a local commercial brokerage operation focused primarily on tenant and buyer representation. Prior to founding CastleRock, Mr. Foshee was an associate with Grubb and Ellis / Phoenix Realty Group in Jacksonville with a focus on office brokerage. Mr. Foshee began his career with Independent Life Insurance Group in the real estate management division. As Treasurer, his responsibilities included commercial lending, loan servicing on a $450mm loan portfolio and the asset management of a $35mm residential and commercial REO portfolio. 

Pate is a life long resident of Jacksonville, FL and lives there with his wife Sissy. They have three grown children. 

Education

Mr. Foshee received his B.A. in Economics and B.S. in Commerce and Business Administration from the University of Alabama