M id A tlantic Real Estate Journal — DelMarVa — August 2024 — 5
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Experienced leader brings extensive legal and real estate expertise Friend Commercial Real Estate appoints Jacob Altshuler as CAO
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Commercial Real Estate. Please join us in formally welcoming Jacob Altshuler to Friend Commercial Real Estate. We are excited about the future and confident that Jacob’s leadership will help us reach new heights of success. Friend Commercial Real Estate is a premier full-service Mid-Atlantic commercial bro- kerage specializing in the sale, leasing, development, and acquisition of commercial properties across Maryland, Virginia, and the District of Columbia. MAREJ
also previously served as se- nior vice president & general counsel at a Baltimore-based privately-held real estate in- vestment, management, and development firm holding a diverse portfolio of assets, including multifamily, hotel, and office properties, and as general counsel at a commer- cial real estate brokerage. Altshuler holds a BA from the University of Maryland, College Park, a JD from the University of Maryland Fran- cis King Carey School of Law, and has completed a variety
of certificate coursework, ex - ecutive education, certifica- tions, and designations in real estate, asset management, banking, and investments. Additionally, he was admitted to and completed coursework in the MS, Finance Program at Johns Hopkins University. Beyond his other profession- al responsibilities, Altshuler is an Attorney Board Member on the Maryland Open Meet- ings Law Compliance Board, a position he has held since his appointment by Governor Hogan in late 2020. He was
most recently reappointed for an additional three-year term by Governor Moore. “Jacob assumed his role as CAO this past May and has already demonstrated immense value on numerous projects. His multifaceted real estate experience and education, both on the legal and business side, and overall dedication to his role as CAO shines through. We are excited to have him and look forward to his continued contributions to our success,” said Joseph Friend , president of Friend
ILLERSVILLE, MD — Friend Commercial Real
Estate is pleased to announce the recent appointment of Jacob Altshuler as the com- pany’s chief administra- tive officer (CAO).
Jacob Altshuler
In his new role as CAO, Altshuler is responsible for overseeing the administrative operations of the company and its affiliates and driving strategic initiatives to support overall growth and success. Prior to joining Friend Com- mercial Real Estate, Alt- shuler practiced law at a local transactional and commercial real estate focused law firm, which he continues to main- tain an affiliation with. He Matan Companies acquires 185 Acres in New Kent County, Virginia NEW KENT COUNTY, VA — Matan Companies announced the purchase of 185 acres of land in New Kent County. Branded as New Kent Logistics Center, the project will consist of two million s/f of high-bay industrial space in four buildings. Located ad- jacent to AutoZone’s 800,000 s/f east coast distribution cen- ter and less than a mile from the planned Buc-ees, Matan will be moving forward with entitlement and approvals for the initial building, totaling over one million s/f. “New Kent Logistics Center is ideally located between Richmond and Hampton Roads, two of the healthi- est industrial submarkets in the country,” said Jamie Minkler , managing director for the Matan Companies. “The site represents one of a dwindling supply of large sites zoned by-right for industrial and distribution users. With speed-to-market being key to user’s selection criteria, our plan to get the one million s/f building shovel-ready will make the site extremely at- tractive to a wide variety of potential tenants.” Matan will be managing the property in-house. MAREJ
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