48A — February 10 - 23, 2012 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
P EOPLE ON THE M OVE
40-Year Industry Veteran Schwacke rejoins Grubb & Ellis as sen. VP of Phili. office
2011 Top Producer & Team Player Award Perich & Meade of MB&A receive company awards
STROUDSBURG, PA — Michael Baxter & Asso- ciates Commercial Real
my Miller Memorial Team Player” award at MB&A’s annual holiday celebration.
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to sales to development and beyond, he brings a unique and valued perspective to client engagements,” said Wayne Fisher, executive vice president, director, of Grubb & Ellis’ Philadelphia office. “He will help us continue to build our local market pres- ence and we are thrilled to welcome Al back to Grubb & Ellis.” Schwacke opened the Philadelphia office of Oliver Realty in 1980 which was acquired by Grubb & Ellis in 1986. During his tenure, he grew Grubb & Ellis into a major regional firm with multiple service lines, in- cluding transaction manage- ment, property management, architectural services and construction management. Engineer in Training (EIT) and Surveyor in Training (SIT). His expertise includes site planning, subdivision plans, lot stakeout, and stormwater management. Matthew has a Bachelor of Science degree in Civil Engi- neering from the Pennsylva- nia State University. K&W Engineers and Con- Illinois; Dallas, Texas and Nashville, Tennessee. NAI Global will continue to operate as a separate company under its current management. C-III will ac- celerate NAI Global’s growth by exploring business de- velopment opportunities in strategic locations, includ- ing New York, London, Sin- gapore and other primary global business centers. It will also invest in the growth of the corporate solutions and capital markets offering, ex- panding asset/ property man- agement, project/facilities management and valuation services worldwide. “The completion of this transaction represents a sig- nificant step forward in our strategy to build a fully di- versified commercial real es- tate services company,” said Farkas. “With the NAI Global acquisition, we are gaining the world’s leading commer- cial real estate network and a tremendous foundation for future growth. As we begin
H I L A D E L P H I A , PA — Grubb & El- lis Company an-
He was instrumental in es- tablishing relationships with institutional owners such as Prudential and Teachers Insurance and corporate ten- ants including Towers Perrin, Colonial Penn Life Insurance, PSFS and Campbell Soup. In 1996, Schwacke opened the real estate division of Legg Mason, which was lat- er acquired by Northmarq Advisors. Serving as execu- tive vice president, his re- sponsibilities included the development of corporate service accounts and over- sight of client relationships. He also focused on brokerage of investment and industrial properties and portfolios, and provided consulting ex- pertise to developers and owners. ■ sultants specializes in pro- viding civil engineering and consulting services that in- clude land development / site design, traffic / transporta- tion, municipal engineering, comprehensive watershed management, water / waste- water design, environmental permitting, landscape archi- tecture and survey. ■ a new year, we look forward to partnering with the NAI team to provide enhanced services to the commercial and institutional real estate markets they serve as well as continuing to take advantage of other opportunities to grow and expand our platform.” “We are thrilled to be join- ing forces with C-III and excited about the opportunity to deliver an even broader range of services to our mem- bers and add greater value to our collective corporate and investment clients. We look forward to tapping into their extensive resources and expertise to assist all of our clients in strategically optimizing their commercial real estate assets,” said Jef- frey M. Finn, president and CEO of NAI Global. Founded in 1977 by Gerald Finn, NAI Global has grown from covering 15 countries in 1999 to offering a full, collab- orative platform of services to clients in over 350 offices in 55 countries. ■
E s t a t e & P r o p - erty Man- a g e m e n t ( M B & A ) announced D a n i e l P e r i c h , CCIM, Asso- ciate Broker
The award i s i n r e - membrance o f Tammy Miller, the company ’s former Mar- keting Di- rector. “ Tammy
nounced that Al f red W. Schwacke , a 40-year in- dustry vet- e r a n , h a s r e j o i n e d Grubb & El- lis as senior vi ce presi - dent in the c ompany ’s Philadelphia
Milinda Meade
Daniel Perich
as the 2011 Top Producer. This is Dan’s eighth year in a row receiving the award. “What can I say about a broker who has been the Top Producer 8 years in a row? Dan is professional, knowledgeable, tenacious, and knows how to get the job done for his clients, even in this difficult real estate market. I consider 2011 one of his best years ever!” said MB&A Broker/Owner Mi- chael Baxter, CCIM. In other news, Milinda Meade , Executive Adminis- trator for Michael Baxter & Associates Commercial Real Estate & Property Manage- ment (MB&A) was presented with the fifth-annual “Tam-
Miller’s commitment to help- ing her co-workers was a cornerstone of our success,” said Michael J. Baxter, Owner/Broker of MB&A. “This award recognizes teammembers who are help- ful, courteous to clients and co-workers, and who unself- ishly place team achieve- ment above individual ac- complishment.Milinda just joined our firm this year but she displayed the unselfish helpfulness that this award is all about. She has been a breath of fresh air for our of- fice and a welcome addition to our firm,” Michael added. The honoree was chosen by the agents and staff of MB&A. ■
Alfred Schwacke
office. Schwacke will focus on serving his existing cli- ent base and institutional investment sales. “With more than four de- cades of experience in the Philadelphia area, Al has re- ally seen it all. From leasing HARRISBURG, PA — K&W En- g i n e e r s and Con- su l t an t s , l ocated in D a u p h i n County, re- cently hired Ma t t h ew Fisher , an Matthew Fisher HARRISBURG, PA—N AI Global , announced that its previously reported acquisi- tion by C-III Capital Part- ners LLC (C-III) has been completed. The transaction will help create a leading fully integrated commercial property services company that will operate in markets around the world. C-III is a leading com- mercial real estate services company engaged in a broad range of activities, including primary and special loan ser- vicing, loan origination, fund management, CDO manage- ment, principal investment, title services and multifam- ily property management. C-III is led by CEO Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. Its principal place of busi- ness is located in Irving, TX, and it has additional of- fices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago,
K&W Engineers & Consutlants hires Fisher
Binswanger announce new suburban grp.
KING OF PRUSSIA, PA — Binswanger is an- nounced the formation of the
commitment to continue to be a market leader. We are excited by the additional op-
Binswanger P h i l a d e l - phia Subur- ban Group responsible for oversee- ing commer- cial opera- tions for the entire Phila-
portunities t h a t t h i s move wi l l c reat e f or our firm in the region.” F r e n c h j o i n e d Binswanger in 1990 and
Acquisition of NAI Global by C-III Capital Partners completed
Scott Gabrielsen
Paul French
delphia Suburban region. Scott Gabrielsen and Paul French have each been promoted to the posi- tion of Executive Vice Presi- dent and will have executive management responsibili- ties for the group. Scott Wil- liams has been promoted to Senior Vice President. Pat- rick Brady, Nick Sannelli, and Chris Magarity will all serve as vice presidents. David R. Binswanger, president of the Binswanger Companies said, “While our company has grown around the world, we have always taken pride in our Philadel- phia home. Scott Gabrielsen and Paul French have been a driving force in the sub- stantial activity we have had here in the suburbs and this move affirms our
Gabrielsen followed three years later. Over the last two decades, they have become major players in the Phila- delphia Suburban Market, handling transactions on behalf of landlords, tenants, sellers, and buyers involv- ing millions of square feet of property. In their new roles, they will take man- agement responsibility for Binswanger’s growth in the market. French said, “The markets seem to be getting stronger and the opportuni- ties are there if you under- stand where to look” and Gabrielsen added “We have spent a lot of time putting the fundamentals for suc- cess in place. The results we have achieved to this point should serve as a basis for good things to come.” ■
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