30A — August 31 - September 13, 2012 — Mid Atlantic Real Estate Journal


P eople on the M ove

Philadelphia market specialist Margolis joinsNewmark Grubb Knight Frank

‘Renaissance Man’ of business, arts and culture The Kislak Company’s Jay I. Kislak celebrates 90th birthday

Philadelphia, PA — Michael Margolis, CPA, has joined the Philadelphia of-

Margolis, whose clients have included BPG Properties , Liberty Property Trust , Brandywine Realty Trust, Pru- dential, TIAA, Archon Group, Preferred Real Estate and many other leading property investors, joins as Newmark Grubb Knight Frank’s Phila- delphia office builds upon a newly expanded platform, which benefits from the com- pany’s market-leading position in New York, more than 100 offices and 250 million square feet of property under man- agement in North America, and the proprietary technol- ogy, capital markets expertise and financial strength of BGC Partners. n


oboken, NJ — Jay I. Kislak , who is ac- claimed for his leader-

lak Organization is thriving nationwide. In addition to the multifamily and commercial real estate brokerage firm that continues to be a leader in the Northeast, Kislak’s business ventures include real estate investment, multifamily apart- ment ownership and manage- ment, and tax certificate invest- ment funds. Kislak is a graduate of the Wharton School of Finance at the University of Pennsyl- vania, World War II Naval Aviator, patron of the arts and education, and student of his- tory. In 2004, the Jay I. Kislak Foundation donated more than 4,000 items from the collection to the Library of Congress as an extraordinary gift to the American people. n

fice of Grubb K n i g h t F r a n k (NGKF) as a senior man- agingdirector in the compa- ny’s Capital Group. Mar- golis brings

ship in business, art and cul- tural realms, turns 90 this year and is marking the milestone with a variety of events. Most recently, he returned to the city where he was born for a gala evening with family, friends and longtime colleagues. The event was held in the Chande- lier Room of the W Hoboken. More than 200 well-wishers gathered to share stories and toast the accomplishments and contributions of Kislak, with many describing the honoree with such words as “brilliant,” “charming,” “hero,” “role mod- el,” “people person,” and a “true Renaissance man.” The son of Jewish immi- CALABASAS, CA — Mar- cus & Millichap Real Es- tate Investment Services has promoted eight North- east-based agents to vice president investments. This designation exemplifies su- perior performance achieved by an associate during his or her sales career at Marcus & Millichap and in the invest- ment real estate brokerage profession. The agents, their office loca- tions and specialties are: • Robert M. Horvath , Bos- ton, retail and net-leased  • Scott Edelstein , Manhat- tan, multifamily • Matthew Fotis , Manhat- tan, multifamily • Joseph Koicim , Manhat- tan, multifamily EAST BRUNSWICK, NJ — CBRE announced that 28- year commercial real estate veteran Doug Petrozzini has joined the real estate brokerage firm as a senior vice president. Throughout his career, Previously employed with New York City, NY — Real estate research and marketing veterans James Delmonte and Elliot Baum have joined Avison Young’s newly established office in New York City. Delmonte joins as a principal and vice-president of Research, NYC, and Baum joins as a

Michael Margolis

nearly 30 years of experience representing institutional and private client owners in the Philadelphia market and throughout the northeast, hav- ing closed more than $1.4 bil- lion in investment sales trans- actions during his career.

Jay I. Kislak

grants from Eastern Europe, Kislak grew up to take the helm and expand the real estate firm that his father, Julius Kislak, founded in New Jersey in 1906. Today, with its headquarters in Miami, Florida, the Kis-

Cushman & Wakefield’s Donnelly, Jr., Flynn & Verplanck receive validation

Marcus & Millichap promotes 8 Northeast agents

Robert Donnelly, Jr.

Kenneth Flynn

Joan Verplanck

Baltimore/Washing- tonD.C. — First Industrial Realty Trust, Inc. has hired Mac McCulloch as market- ing/leasing manager for the company’s 1.9 million s/f port- folio in the Baltimore/Wash- ington D.C. region. McCulloch has more than 15 years of experience in the com- mercial real estate business. Before joining First Industrial, he was vice president at Col- Prior to joining Cushman & Wakefield, he was senior VP of Jones Lang LaSalle, and prior to that held a similar title with CBRE , coming to that firm with its acquisition MORRISTOWN, NJ— Rob- ert Donnelly, Jr., CCIM , has been promoted to the position of executive vice president at Cushman & Wakefield. He joined the commercial real estate services firm 10 years ago and quickly has achieved one of the firm’s highest-level titles. Kenneth Flynn has joined Cushman & Wakefield as se- nior director. A20-year veteran of commercial real estate, he is based in the commercial real estate services firm’s Morris- town office.

liers International , a com- mercial real estate brokerage firm, where he was responsible for the leasing, acquisition, and disposition of industrial, office, and retail properties throughout the Baltimore Metro area. Prior to that, he was an associate with NAI KLNB , a client representa- tive real estate brokerage unit of NAI in the Baltimore region. n Recipients of the Life Mem- ber Award are nominated by their peers and selected by the association’s executive committee. Verplanck is one of only two Life Member Award honorees in 2012. n of Trammell Crow Co. In other news, At its annual awards gala and dinner this evening, the American Cham- ber of Commerce Executives will present Joan Verplanck , senior director of Cushman & Wakefield the 2012 Life Mem- ber Award. The Life Member Award is the association’s highest individual honor. It is bestowed in recognition of a lifetime of business community leadership and service to the association and chamber of commerce profession.

• Ross J. Mezzo , Manhattan, multifamily • Mark A. Thomson , Phila- delphia, multifamily

• Ken Wellar , Philadelphia, multifamily • DavidWeber , Washington, D.C, multifamily. n

Grubb & Ellis , Petrozzini has completed hundreds of leases with top-name companies such as IBM, Merrill Lynch, MetLife, MedPointe Pharmaceuticals, Bristol-Myers Squibb, Galder- ma, Carter Wallace, DFB Phar- maceuticals, and the FDIC. After joining Grubb & Ellis in 1983 as an office leasing specialist, Petrozzini continued on to become a vice president in 1989 and a senior vice presi- dent in 1995. Previously, he was a principal at Lake Shore Development. n CBRE hires Doug Petrozzini as a senior vice president more than 20 years Baum will be responsible for directingAvi- son Young’s marketing, public relations and branding efforts throughout the Tri-State re- gion. He was previously senior managing director of the Con- sulting Group and head of mar- keting for the Tri-State Region of Colliers International . n Avison Young recruit Delmonte and Baum as principal & VP principal and vice-president of Marketing, New York City. Delmonte will be responsible for overseeing all aspects of Avison Young’s market re- search in the Tri-State area. He was most recently VP of Research with Jones Lang LaSalle in NY. An industry veteran with

First Industrial adds McCulloch

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