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| Greg Lyon |
LOS ANGELES, CA, July 13, 2020 – Nadel Architecture + Planning, Los Angeles’ premier architecture
and design firm, has completed its ownership transition to position the company
for long-term growth.
Greg Lyon and Patrick Winters, veteran
principals of the firm, will continue plans to move Nadel forward as its next
generation of leadership.
“Nadel has a 47-year history as a leading architectural and
design firm the commercial real estate industry knows and trusts,” says Lyon,
chairman of the board and principal for Nadel.
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| Patrick Winters |
“This transition has
been something that we have been working towards over the last several years
and now it is complete. We are thrilled to be able to perpetuate the legacy of
our iconic L.A. firm and grow it by expanding our efforts in Southern
California – one of the most exciting places on the planet to be doing this
kind of work.”
In its new era, Nadel will deepen its existing industry
relationships and seek out new opportunities within its main areas of
expertise: the retail, mixed-use, multifamily and hospitality design sectors,
says Lyon, who has been with the firm since 2008 and became its chairman of the
board in 2017.
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| Tina Tayag |
“Retail design is constantly reinventing itself as the sector
adapts to market forces. COVID-19 is the latest disruptor that challenges the
sector, and our firm looks forward to being at the forefront of this retail
evolution,” says Lyon, who has 25 years of industry experience.
“Having authored and developed many of the strategies
through which Nadel has positioned itself as a trendsetter and leader within
the marketplace, I am excited to take the company to the next level in the
months and years ahead.”
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| Greg Palaski |
Winters, who joined Nadel in 2007 and has been a principal
of the firm and a member of its board of directors since 2013, has been
appointed president.
Winters will continue to lead the firm’s design efforts for
the mixed-use, multifamily and hospitality projects with a major focus on
market responsiveness.
“This transition demonstrates Nadel’s longevity as well as
its ability to change and grow,” Winters says. “We are here and will remain
here for our existing and new clients.
"We are continuing to evolve our expertise as a
market-based, client-focused firm, and we look forward to building upon the
past to take advantage of new opportunities within our core competency.”
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| Mark Mikelson |
In addition to Lyon and Winters, Nadel’s board of directors
includes Tina Tayag, chief financial officer; Greg Palaski,
general manager; and Mark Mikelson, principal and Las Vegas Retail
Studio Director.
As part of this final phase to new ownership, Herb Nadel,
the company’s founder, will now be in a business development role for the firm,
explains Lyon.
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| Herb Nadel |
“This ownership transition was important to Herb to
continue on the legacy he created, and the fact that Herb is staying on in this
founder and business development capacity, demonstrates his incredible
dedication and enthusiasm about the future of this company.”
CONTACTS:
Alex
Caswell / Lexi Astfalk
Brower Group
(949) 438-6262
(949) 438-6262
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