Real Estate Journal — Pennsylvania — March 16 - 29, 2018 — 3C
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P ennsylvania Bringing an exciting dimension of experience and market connectivity to the company JR Yocco joins NAI Pittsburgh as director of brokerage and development P ittsburgh, PA — NAI Pittsburgh , a global commercial real
as part of the senior executive team, he will assist in lead- ing the real estate develop- ment function and leverage his skills, experience and best practices to take NAI Pittsburgh to the next level in the Pittsburgh area. He will ensure that NAI Pitts- burgh’s Commercial division is perfected in a manner that maintains the values of the organization, is fully integrated into the commu- nity, built with the highest standards, and maintains the organizations’ reputation as a quality full service real estate
provider. “We are delighted to wel- come JR to NAI Pittsburgh,” said principal Nicole DeLu- ca . The improving economy and outlook for commercial real estate market continue to create new opportunities for our clients and JR adds an exciting dimension of experi- ence and market connectivity to our business.” JR has significant expe- rience in commercial real estate, particularly with na- tional and regional retail and office clients in Western Pennsylvania. He joins NAI
Pittsburgh from Cushman & Wakefield, where he has worked with locations such as Bakery Square, The Street at The Meadows, Southpointe Town Center and Kaufmann’s Grand on Fifth. JR is a licensed agent in Pennsylvania and is an active member of the International Council of Shopping Centers (ICSC), Multi-year CoStar Power Broker Award Recipi- ent, and a proud member of The Greater Pittsburgh Val- ley Scottish Rite, 32° and Knights of Columbus, Our Lady of Joy Parish.
NAI Pittsburgh is a full- service commercial real estate management and leasing company serving Western Pennsylvania with 40+ years of experience. Having diver- sified expertise across all aspects of real estate, NAI Pittsburgh offers a one-stop “boutique” approach that ef- fectively places clients in the most appropriate location for their business needs. The NAI portfolio includes Tenant Services, Landlord Services, Property Management, Con- struction Management and Consulting Services. n
estate bro- kerage firm, announced that JRYoc- co joined the firm as direc- tor of broker- age and de- velopment. In this role,
JR Yocco
help them see around corners as they plan for the future. For instance, if they multiply in size in a short period of time, will their lease – and their landlord’s portfolio – provide them with options? Does the developer un- derstand this nascent industry – are they willing to invest in a property early on, essentially betting on their tenants’ fu- ture success? Is there a critical mass of companies in their field nearby that create a feeling of energy and excitement across the property or campus? Many of these companies also make social responsibility a priority, and they want to align themselves with developers and property owners who share their values. Are they connected to the city’s civic life? Do they have a reputation for working well with the communities they build in? When they rehabilitate old sites, are they doing so in an environmentally sound way? Are future construction plans being developed with an eye toward not only innovation, but sustainability? Certainly, there are many factors that contribute to the creation of an industry hub in a particular geographic location, but availability of the right type of properties to house them is clearly one of them. Another key part of the equation is having a vehicle in place, as Pittsburgh does with RIDC, that is mis- sion driven, not-for-profit and that has the wherewithal to take a long-term view of proj- ects. It serves the multi-faceted purpose of revitalizing obsolete properties, putting them back on the tax rolls, spurring eco- nomic development and job creation – and fulfilling a vision for the region as a whole as well as for the individual companies it works with. Donald F. Smith, Jr., Ph.D is the president of RIDC of Southwestern PA. n continued from page 2C Turning obsolete industrial . . .
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