Buddy has been involved in the development of shopping centers for 37 years and has developed over 30 regional malls representing more than 24,000,000 square feet of retail projects in the United States and Mexico.
He began his career in 1963 in retailing, and in 1968, joined The Rouse Company as a mall manager in Houston, Texas, and in 1970, he moved to Chicago as a project director for Homart Development Co. At Homart he had the initial opportunity to broaden his experience and knowledge of the shopping center industry because of the exposure to many facets of the business. When he left Homart in 1975, he was a vice president responsible for the leasing of 22 malls comprising 21,000,000 square feet.
In 1975, Herring joined Paul Broadhead & Associates, Inc., in Meridian, Mississippi, 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 in 1975, to over 600 and became one of the top 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.
In 1982 the company moved their headquarters to Dallas, Texas. Herring purchased Broadhead's interest in 1984 and changed the name of the company to The Herring Group. He formed a joint venture in 1985 with Marathon U.S. Realties, Inc., a subsidiary of Canadian Pacific. In 1989, he sold the company and formed The MGHerring Group.
Herring is a Past Chairman of International Council of Shopping Centers (ICSC), a lifetime Ex-Officio Trustee and a founding member of the ICSC Worldwide Commission. He presently serves as Chairman of the Nominating Committee and a member of the Investment and Employee Retirement Committee.