20A — February 22 - March 14, 2019 — Shopping Centers — M id A tlantic
Real Estate Journal
S hopping C enters
DLCManagement Corporation taps Farren for VP of leasing
Nominated by state or local board or commercial group Patten receives NAR National Commercial Award
sector, and was most recently director of leasing for CBL Properties, applying creative leasing strategies for regional malls, open air centers, as- sociated centers and anchor redevelopments. A goal ori- ented manager, leader and supervisor, Farren is known within the retail real estate industry as a skilled commu- nicator, resilient deal closer and an exceptional motivator. In this player/coach role, Far- ren will lead a team of real estate professionals through the deal process; collaborat- ing with other departments to establish strategic and in- novative leasing plans while mentoring his team’s profes- sional development. of the company’s Florida of- fice, have both been promoted to principal. “They have been tremendous assets to the com- pany and have contributed to the team on an extremely high level for several consecu- tive years,” said David Emi- hovich , managing partner, Southeast. Lisa Fitzmaurice , an 11- year employee who has been the head of Katz’ finance and accounting departments, has been promoted to Chief Finan- cial Officer. “Lisa is an integral part of our management team. She has been critical in imple- menting several new initia- tives that have supported our growth,” said Brian Katz. Sarah Hennessy , who has been Katz & Associates’ devot- ed Broker Assistant, has been promoted to office manager, Southeast. In addition to these new promotions, the company con- tinues to grow overall. Recent hires include: Sarah Schank , sales associate, who will be working within the Mid-Atlan- tic division. Additionally, with the help of newly hired S teve Tanner, managing director – Investment Sales, Katz & Associates has launched an investment sales division. ment specialists in Marcus & Millichap's New Jersey office, had the exclusive listing to market the property on behalf of the seller, a private inves- tor. Tim Speck is the firms' broker of record in Texas. BB&T Bank is located at 4960 Fairmont Pkwy in Pasa- dena, Texas.
ELMSFORD, NY — DLC Management Corp. , a na- tional owner and operator
of open-air s h o p p i n g centers, an- n o u n c e d that Travis Farren has j o i ned t he team as vice president of leasing. Far-
“NAR is proud of these members who have made significant contributions and give substantially of their time to further our indus- try or assist in community programs. This is our way to acknowledge their efforts and the recognition they’ve earned”, according to Jean Maday , NAR’s director for commercial development & services. Lou Proto believes that this national recognition is testament to Steve Patten’s dedication to commercial real estate and strengthening the brokerage community. Patten is a proven results-oriented “This is an exciting time at Levin Management,” said Harding. “Following a sus- tained period of company ex- pansion, these organizational advancements capitalize on the breadth and depth of our seasoned managerial team. The changes taking place here also reflect our firm’s commit- ment to leadership continuity as we continue to provide cli- ents with the highest quality service and plan our future success.” Highlighting the company’s record portfolio growth over the past 24 months, LMC was awarded 14 new agency as- signments encompassing more than 2.8 million s/f in four states. Additionally, the firm is experiencing its healthiest leasing volume in recent years, reflecting the overall viability of bricks and mortar retail. As the outgrowth of Levin Properties, a pioneering de- velopment organization that created an extensive subur- vitalization that has occurred here in Downtown Altoona and especially Eleventh Ave. over the past few years is amazing, and we are proud to be part of its continued renaissance.” Curry Realty plans to trans- form the building at 1425 Eleventh Ave. into profession- al office space and renovate the exterior of the building following the direction of the Pennsylvania Historical com- following a record year of growth in new business and transactional volume.
commercial real estate broker specializing in all aspects of CRE. His specialties include national retail tenant repre- sentation throughout New England with market analy- sis, expansion plans, site se- lection and deal negotiation. Patten has also been recog- nized in the current issue of NAR’s Commercial Connec- tions Magazine . The National Association of Realtors is one of Amer- ica’s largest trade associa- tions, representing 1.3 mil- lion members involved in all aspects of the residential and commercial real estate industries. ban retail real estate portfolio beginning in 1952, LMC is celebrating 67 years of prog- ress in 2019. This impressive achievement in the perpetu- ally fluid and competitive com- mercial real estate industry is punctuated by a diversified, 15 million s/f portfolio of 105 properties concentrated in the Northeast and Mid-Atlantic states. Many of the firm’s retail assets have served as leaders in their markets for de- cades. This includes New Jer- sey’s first open-air center, the Levin-developed, still-thriving 260,000 s/f Somerset Shopping Center in Bridgewater. Through the years, LMC has distinguished itself as a firm large enough to excel in assignments of any scale while continuing to employ a hands- on, proprietary approach in every facet of its business. The firm today offers leasing, prop- erty management, financial management and reporting, construction and development, lease administration, market- ing services, and acquisition and disposition consulting services.
ORTH HAVEN, CT — The Proto Group i s pl eased to an-
nounce that Steve Pat- ten has been awarded the NARNation- al Commer- cial Award. Awa rd r e - cipients are REALTOR
ren will immediately assume senior responsibility for the overall performance of leas- ing operations throughout the company’s southern portfolio of properties. Farren comes to DLC with almost twenty years of experi- ence in the retail real estate ENGLEWOOD CLIFFS, NJ — Katz & Associates announced six recent promo- tions. Marty Hennessy , a 20- year veteran at Katz & As- sociates has been promoted to president. In his new position, Hennessy will take a more global role companywide with business development, cul- ture and people. With more than 40 years of real estate experience, Hennessy’s strong leadership and knowledge are an invaluable asset for Katz & Associates. “Over the past 20 years, Marty has been a great partner. I am looking forward to the positive impact he will have on our entire group” said Brian Katz , CEO. David Emihovich , has been awarded the title of managing partner, Southeast. Over the past 13 years, Hen- nessy has been a dominant broker in the South while managing the development of the Katz office and team. “David and Marty have been partners in Florida for several years. In this role, David will continue to manage and lead Katz & Associates’ growth in the state,” said Brian Katz. Daniel Solomon and Jon Cashion , who are based out SADDLE BROOK, NJ — Marcus & Millichap an- nounced the sale of a 4,360 s/f net-leased property, occupied by BB&T Bank, located in Pas- adena, TX, according to Brian Hosey , regional manager of the firm's New Jersey office. Michael Lombardi and Steven Schiavello , invest-
members of the National Association of REALTORS and nominated by their state or local board or commercial group for recognition of their professional achievements at the national level.
Katz & Associates announces key employee promotions
Levin Management's key leadership title changes align organizational structure with long-term growth strategy
NORTH PLAINFIELD, NJ — The Board of Direc- tors of Levin Management Corporation (LMC) has announced the election of Matthew K. Harding as chief executive officer, to suc- ceed William A. Farber . The Board also elected Robert Carson to the office of presi- dent of the corporation. Harding, affiliated with the North Plainfield-based com- mercial real estate services firm since 1986, began his career in the leasing division of the company and has been promoted from the office of president and chief operating officer. Carson joined with LMC in 1992 and has concen- trated his efforts in property management and business de- velopment functions. Prior to this promotion, he was execu- tive vice president. Farber, a co-founder of LMC with Janice H. Levin, and chief executive officer since 2002, will remain in the active service of the company, assuming the title of chairman. The advancements of Hard- ing and Carson take place ALTOONA, PA —Two key buildings in Altoona’s Central Business District, the former Vipond’s Appliance Store and the Chalk Box, both located on the 1400 Block of Eleventh Ave., are now under new local ownership. “We are excited to breathe new life into these two impor- tant and high-profile build- ings in Downtown Altoona,” said Mark Ritchey , partner with Curry Realty . “The re-
mission standards. The former Chalk Box at 1411 Eleventh Ave. was the original location of Kranich’s Jewelry store. Curry Realty plans to remove existing ex- terior signage to reveal the original façade with brick and windows to complement Saleme Insurance and Bill Sell’s Bold on either side. The building will be updated for use either as new retail or professional services. New ownership for two key buildings in downtown Altoona
Marcus & Millichap completes the sale of a 4,360 s/f net-leased property
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