March 2025

30A — March 2025 — M id A tlantic Real Estate Journal

www.marej.com

P eople on the M ove

INTON FALLS, NJ — Cost Recov- ery Solutions LLC T Senior project engineer began his career with CRS in 2018 Cost Recovery Solutions’ Tawfik earns ASCSP credential

Q4 2024 Power Broker Quarterly Deals NAI CIR’s Zellers & Khuri win CoStar Award

medical office and clinical spaces serve as an integral part of UPMC’s operations

HARRISBURG, PA — Co- Star Group, Inc. announced the CoStar Power Broker

tional oversight, education and the highest level of ethi- cal and technical principles in the industry. It establishes a measurable standard by which cost segregation con- sultants are evaluated from both a business practice stand- point as well as actual quality of deliverables. Hazem, a graduate of NJIT with a degree in mechanical engineering, began his career with CRS in 2018. To achieve the level of full ASCSP member, Hazem was required to pass a rigorous exam after gaining at least one year of industry experience and at least 1,000 hours of direct cost segregation project experience. Next year he will be eligible to become challenges has been a corner- stone of the firm’s success in the New York market. Franco’s expertise includes a diverse range of landmark projects across the healthcare, residential, and institutional sectors, where he seamlessly integrates technical acumen with creative problem-solving. A Licensed Professional En- gineer in five states, Rob has also contributed to shaping industry standards as a Struc- tural Subject Matter Expert for the NYC Department of Buildings in the development of the upcoming NYC Existing Building Code, and a member of the Structural Code Commit- tee developing the 2026 NYC Building Code. His expansive portfolio in- cludes Multiphase Renovations at The Brearley School, NY Presbyterian Service Build- ing Conversion, Station Yards Mixed-Use Development, Sup- port for Multiple Exhibits at

a Certified Cost Segregation Professional (CCSP), the high- est credential in the industry. To achieve that designation, members work in the business for at least seven years, log at least 7,000 hours of direct cost segregation project experience and then pass another demand- ing exam covering technical/ engineering, legal, tax, ethical and other relevant industry issues. With approximately 6,500 hours under his belt to date, Hazem is well on his way to achieving the prestigious CCSP credential. Hazem is the main con - tact for CRS’ new Southeast Region office in Clearwater, Florida and serves CRS clients throughout the country. MAREJ the 9/11 Museum, and the Northwell Health New Emer- gency Department Expansion at Peconic Bay Medical Center. As principal, Franco will continue to lead the firm’s New York office, focusing on strate - gic growth and delivering high- quality structural engineering solutions tailored to the needs of clients and the community. He remains devoted to advanc- ing O’Donnell & Naccarato’s mission by fostering strong partnerships, promoting inno- vation, and delivering techni- cal excellence to enhance the built environment. Franco holds a Bachelor of Science in Civil Engineering from the Polytechnic Insti- tute of New York University. He is a member of the Struc- tural Engineers Associa- tion of New York and holds certifications as a Qualified Parking Structures Inspector and Qualified Exterior Wall Inspector. MAREJ

and accom- modate a wide range of services, a l l ow i n g UPMC to de- liver essen- tial health- care services to the com-

Quarterly Deals win- ners for Q4 2024. Rob- in Zellers, S I O R , F R I C S , CRE, and C a s e y Khuri of

(CRS) , one of the pre- mier provid- ers of tax- saving con- sulting and valuation services for commercial pr ope r t y

Robin Zellers

Casey Khuri

owners and tenants, an- nounced that senior project engineer Hazem Tawfik has been credentialed as a full member of the Ameri- can Society of Cost Seg - regation Professionals (ASCSP) . The ASCSP was created to provide organiza - Hazem Tawfik

munity. This transaction high- lights the strategic value of well-located, medical office and clinical space in today’s healthcare environment. “We were pleased to help UPMC secure a long-term solu- tion to continue their important work in our community,” said Zellers. “These renewals not only solidify their continued presence in the region but also ensure space availability to ac- commodate future growth and medical advancements.” MAREJ

NAI CIR came out on top in the list of winners in the Phil- delphia Market. The CoStar Power Broker Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage. NAI CIR has facilitated the long-term renewals of 724,096 s/f of medical office and clini - cal space for UPMC, a world- renowned healthcare provider. Spanning eight buildings in Central Pennsylvania, the NORTH PLAINFIELD, NJ — Levin Management Corporation (LMC) has joined its retail real estate industry peers in the Signs of Hope initiative, a national campaign for mental health advocacy. The North Plain- field-based commercial real estate services firm recently installed exterior signs in shopping center parking lots throughout its third-party leasing and management port- folio to promote the availabil- ity of the 988 Suicide & Crisis Lifeline (988 Lifeline). “At Levin, we are deeply committed to supporting the communities where our shop- ping centers are located,” said Melissa Sievwright , VP of marketing. “Mental health is one of the most pressing issues of our time, yet too often, those in crisis don’t know where to turn. By participating in the Signs of Hope initiative, we aim to raise awareness and provide a clear path to poten- tially lifesaving support for those who need it most.” Shopping center owners – along with 988 Lifeline and its administrator, Vibrant Emo- tional Health – are partner- ing to install more than 8,400 Signs of Hope across about 1,600 shopping centers across the country. The reflective signs, placed in high-traffic areas, highlight the ways to

Robert J. Franco, PE expands role to principal at O’Donnell & Naccarato

Levin joins peers in ‘Signs of Hope’ mental health initiative

PHILADELPHIA, PA — O’Donnell & Naccarato (O&N) announced the pro-

motion of Robert J. Franco, PE, to the pos i- tion of prin- cipal. Franco brings over 25 years of structural engineering

Robert J. Franco

expertise and leadership to his expanded role with the firm. Since joining O&N in 2018, Rob has been instrumental in establishing and growing the firm’s presence in the com- petitive New York City market. Under his leadership, the New York office has delivered an array of impactful projects, ranging from new construction and adaptive reuse to complex renovations and restorations. Rob’s ability to mentor and collaborate, drive innovative solutions, and address complex

reach the 988 Lifeline. The service provides free and con- fidential emotional support to those in suicidal crisis or emotional distress 24/7 via phone, text and chat. The 988 Lifeline has a national net- work of more than 200 crisis centers, combining local care and resources with national standards and best practices. Seven property owners – Brixmor, Kimco Realty, Kite, Peterson Cos., Re- gency Centers, Sterling Organization and Urban Edge Properties – launched the Signs of Hope initiative on World Mental Health Day in 2023. LMC and several other organizations – also in - cluding Continental Realty Corp., ShopCore Proper- ties, ShopOne Centers and Phillips Edison & Co. – have since joined the growing cause. MAREJ LMC installed exterior signs across its portfolio to promote the 988 Suicide & Crisis Lifeline.

ARDMORE, PA – Meyer announced the promotion of Alicia Karr to chief execu- tive officer, effective im- mediately. Norman Liedtke , a founding partner and CEO of the firm since 1976, will now serve as executive Meyer Design announces leadership transition, Karr to serve as CEO chairman. The leadership transition coincides with Meyer’s five-year strategic plan, which outlines the firm’s vision for increasing its na- tional presence and further strengthening its markets to align with industry trends. Karr, who has been with Meyer Design for 25 years, was appointed president in 2020 following her tenure as chief financial officer. In her new role, she will be responsible for all Alicia Karr executive management and stra- tegic direction of the company, while Liedtke will continue to advise on long-term strategy, governance, and key accounts. “Next year is Meyer’s 50th anniversary and our growth with Norman as CEO has been phenomenal,” said Karr. “I am incredibly honored to be trusted with this role and am committed to leading our talented team as we embark on this next chapter.” MAREJ

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