42A — March 30 - April 12, 2012 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
P EOPLE ON THE M OVE
I T T S BURGH , PA — Colliers Interna- tional- Pittsburgh Appointed director of Retail Services Kelly joins Colliers International - Pittsburgh P
New Retail Brokerage Group Pierson forms Pierson Commercial Real Estate
approximately 5 years with ECHO Real Estate Services, as Director of Brokerage Services, where he served as an exclusive representative for Giant Eagle excess space disposition and all GetGo Convenience Store ac- quisitions and developments in Western PA, West Virginia, and Maryland. During that time, he completedmore than 30 new GetGo deals and successfully leased over 400,000 s/f within the excess space portfolio, and successfully developed and implemented Giant Eagle’s ValuKing expansion strategy for Ohio and Erie, PA. He also negotiated and secured new locations for national retailers who included Dicks Sporting Goods, Ashley Furniture, ACE Hardware, and Best Buy. Ad- ditionally, Kelly represented the brand new White Oaks Development in Bridgeport, WV where he completed over 95,000 s/f of office leases and freestanding retail develop- ments with Equitable Gas, Subway, Huntington Bank, IHOP Restaurant, Holiday Inn Express, and SpringHill Suites. the last eleven years. Prior to becoming president, Howell served as Secretary/ Treasurer and managed TWT’s Transportation/Structural Di- vision for over 20 years. He cur- rently represents theAmerican Council of Engineering Com- panies of New Jersey (ACEC- NJ) as National Director and served as President of ACEC- NJ, ASHE Southern New Jer- sey Section, and Treasurer of the Cross County Connection, South Jersey’s Transporta- tion Management Association. Howell has been an active member of the ACEC-NJ Ex- ecutive and Transportation Committees, as well as various 25 year industry veteran, recog- nized the gamble as well as the opportunities associated with opening a brokerage company in a down market. With hard work and a com- mitment to providing the high- est level of accountability to our clients, the gamble paid off, as 2011 proved to be a banner year for us. It was a year in which Remco received its Pennsylva- nia Brokers license, obtained the most listings, closed the most transactions and grossed the highest dollar volume of
Prior to that, he spent ap- proximately 5 years with Lang- holz Wilson and Associates as a retail commercial real estate sales broker, specializing in buyer and tenant representa- tion, listing and sales, cor- porate services, and referral generation in the areas of office, retail, and industrial properties. Kelly is a native of Charles- ton, West Virginia, and has been living in the greater Pitts- burgh for over twelve years. He brings more than fifteen years of client-based service experi- ence to the commercial real estate industry with a focus on retail sale and leasing matters. He is a licensed real estate salesperson in the Common- wealth of Pennsylvania and West Virginia, and is an active volunteer with The Woodlands Foundation in Wexford, a non- profit organization dedicated to enriching the lives of children and young adults with disabil- ity and chronic illness. Kelly holds a Bachelor of Sci- ence degree fromWest Virginia University, with a major in Business Marketing. ■ subcommittees of the same or- ganization, through the years. Tom currently serves as the Surveyor General of Council of Proprietors of the Western Division of New Jersey, and was the last Surveyor General of the Board of Proprietors of the Eastern Division of New Jersey. Howell is a licensed Profes- sional Engineer in NJ, PA, DE and NC. He graduated summa cum laude from Rut- gers University with dual de- grees in Civil Engineering and Business Administration in 1976, and received his Masters Degree in Engineering from Drexel University in 1982. ■ commissions. A few 2011 closed transac- tions included a lease of 3,700 s/f to Enterprise Car Rental in Lodi, a lease of 4,000 s/f to Sher- win Williams in East Hanover, a lease of 6,300 s/f to Strauss Auto in Toms River and a lease of 6,500 s/f to Napa Auto Parts in Bridgewater. We remain very optimistic regarding the overall economy and the continued demand for retail real estate, and as such, we have recently relocated and doubled the size our offices. ■
tion between macroeconomic drivers, transaction velocity, and net lease market fore- casting. Jonathan Hipp, Calkain Companies’ President and CEO, commented, “We are honored and excited that we are able to partner with Sam Chandan and his team. We believe that partnering with the best in the industry will only help our client’s under- writing and ultimately allow them to make more informed decisions with their net lease properties.” Sam Chandan, PhD, President and Chief Economist of Chandan Eco- nomics continued, “My staff and I are truly excited to have the opportunity to work with Calkain Research and their professionals in order to better understand the intricacies that drive the net lease market. We feel that measuring fine details of the asset class will bring new light to the industry as a whole.” ■ Pierson Commercial pos- sesses the sophistication and resources of a large corpora- tion with the entrepreneurial mindset and efficiency of a boutique firm. Adhering to a strict ethical, hardwork- ing and “client first” culture, Pierson Commercial provides mission critical information and results-oriented service to its many clients such as Qdoba Mexican Grill, Lifetime Fitness, Wells Fargo, Denny’s Restaurant Group, AT&T Mo- bility, PremiumOutlets®, Ben- brooke Realty Investments and Renaissance Properties. ■ quirements throughout New Jersey.
Jason Pierson recently left CBRE’s New Jersey Retail Group to form a new retail bro-
announc ed tha t Brad Ke l l y ha s j o i ned t he firmas Direc- tor of Retail Services. His responsibili- ties include all aspects of
kerage group, P i e r s o n C o mm e r - cial , servic- ing Central and Northern New Jersey. Pierson is one of the fore- most trusted real estate ad-
Brad Kelly
Jason Pierson
retail leasing, sale and devel- opment, as both a tenant and landlord representative. “We have now bolstered our retail capabilities with Brad on board. The combination of Brad and Colliers International’s premier retail service platform gives our clients the ability to realize their goals more quickly and more economically,” said Gregg Broujos, managing di- rector and founding principal at Colliers International Pitts- burgh. “His appointment as Director of Retail Services is another example of Colliers International l Pittsburgh accelerating success for our clients.” Previously, Kelly spent
RESTON, VA —Net lease property investment has rebounded over the last two years, supported by the sector ’s strong cash flow and value characteristics. As investors have ramped up acquisitions, the need for specific, actionable research has increased sharply as well. In response to these developments, industry leaders Calkain Compa- nies Research Division and Chandan Economics today announced a new partnership that will bring best-in-class research meth- odologies to the net lease sector for the first time. By establishing the first ever Net Lease Economic Report, both firms will have the opportunity to analyze the impact and relation- ship between tenant, devel- oper and investor demand for this popular asset type. The proprietary quarterly report will also emphasize the connection and associa- York PA - LMS Commer- cial Real Estate announced it has expanded its presence in York County by opening a new office for its Brokerage Division. LMS’s Brokerage Division’s continued success and growth has created a need for more space. TheYork office is lead by one of the regions most successful Brokers, David Nicholson. He is joined by a dynamic team of commercial experts including Joe Spagnola, Blake Gross, Travis Riley, Jeremiah Ham- ilton, and Ryan Myers. Sarah Wilson has also joined the LMS team as a Leasing As- visors and representatives to many Fortune 500 retailers, institutional property hold- ers, in addition to private and public institutional retail real estate companies for their re-
Calkain Companies & Chandan partner
Howell, PE elected president of Taylor, Wiseman & Taylor
Mount Laurel, NJ— Taylor, Wiseman&Taylor announced that Thomas M. Howell,
PE has been elected as the new pr e s i - dent of Tay- lor, Wiseman & Taylor, an engineering, s u r v e y i n g and environ- mental servic- es firm based
Thomas M. Howell
in Burlington County. TWT has eight offices throughout New Jersey, Pennsylvania, Maryland and North Carolina. Howell succeeds Jim Stevens, PE, who served as president for
sistant for the York office. LMS Commercial Real Estate, guided by its motto “Creating Value Through Experience” has served the greater Central PA region for over 20 years providing Leasing, Tenant and Land- lord Representation, Invest- ment Sales, and Develop- ment Services. In addition to being recognized as one of the “Best Places to Work in PA” In 2011 the Central Penn Business Journal awarded LMS it distinguished “Busi- ness of the Year” award for companies with 50 or fewer employees. ■ LMS Comm’l. announces its new York office
Remco Realty Group celebrates its four year anniversary
NORTH BRUNSWICK, NJ — Remco Realty Group an- nounced that the company has
just celebrat- ed its fourth anniversary, after opening its doors in February of 2008. As the lend- ing and real estate indus-
Peter Gallicchio
tries were both heading into a correction period, Remco president, Peter Gallicchio , a
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