News Releases

Heritage Capital Group Announces New Principal

Heritage Capital Group is pleased to announce that Scott McCaleb has joined the firm as a principal.  Scott’s primary focus will be advising clients on merger and acquisition transactions as well as financial and strategic advisory services in all industries. Scott will also provide real estate advisory services ranging from financing and disposition to value enhancement and marketing. Over the course of his career, Scott has transformed long-term value of real estate assets, focusing on property planning and marketing strategies.

Scott previously served as president of Vulcan Lands, Inc. (VLI), a wholly owned subsidiary of Vulcan Materials Company, the world’s largest producer of construction aggregates. VLI provides corporate-level land strategy and planning for Vulcan’s 250,000-plus acres of owned and leased property, and is the nation’s largest producer of construction aggregates. Prior to his tenure as president of VLI, Scott served as vice president of business development for Vulcan’s south region following the company’s acquisition of Florida Rock Industries, Inc. At Florida Rock, Scott was vice president of corporate development, president of the Georgia division, and president of the subsidiary Arundel Corporation.

He was also president and owner of McCaleb Investments, Inc., where he focused on the development and management of rental communities, retail centers, and industrial parks and warehouses. His experience also includes tenure with Barnett Bank of Jacksonville in the national accounts and corporate lending areas.

Scott has been actively engaged in the local community as Chairman of the Jacksonville Transportation Authority, and serves on the boards of the Jacksonville Chamber of Commerce and the University of North Florida Foundation. Scott is a trustee and past chairman of the Gator Bowl Association, honorary member and charter president of the Rotary Club of Deerwood, and has chaired multiple committees for The Players Championship Golf Tournament.

Scott is a graduate of Florida State University with a bachelor’s degree in finance and real estate. He is a member of the Urban Land Institute, holds a Florida real estate broker’s license, and has previously held a general securities and mortgage broker’s license.

Scott commented, “Heritage Capital has established a great reputation in the middle-market, both domestically and internationally, over its nearly 43-year history. I am excited to be joining Heritage. The ability to help further expand the firm’s presence and to join such a robust platform presents a tremendous opportunity. I look forward to working closely with the team to support the continued growth.”

“Scott brings substantial experience in corporate and industrial real estate development, acquisitions, investment, and management along with associated government strategy and activities. We are excited that Scott has decided to join our team. His skills and experience are highly complementary to the rest of the team. We look forward to Scott’s contribution to our firm and clients, “said Don Wiggins, president of Heritage Capital Group.





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