Sunday, July 25, 2021

NewMark Merrill Companies Promotes Greg Giacopuzzi to Director of Leasing & Development

Greg Giacopuzzi 
 

 Woodland Hills, CA – Newmark Merrill Companies, Inc., a Woodland Hills, California-based retail shopping center owner, is pleased to announce the recent promotion of Greg Giacopuzzi to Director of Leasing & Development.

  Based out of the company’s corporate headquarters in Woodland Hills, CA, Greg will be responsible for the leasing of existing shopping centers across the portfolio including new developments as well as the identification of development and acquisition opportunities in Ventura County, Los Angeles County, Orange County, and the Inland Empire. 

 Giacopuzzi started with NewMark Merrill over 10 years ago and was responsible for the leasing of Rialto Marketplace, a new, ground up development in Rialto, California, as well as the leasing for over 30 shopping centers across the portfolio.

 

 Rialto Marketplace, Rialto, CA

He has negotiated new leases with over 100 national companies including ALDI, Five Below, ULTA, Raising Cane’s, Petco, Taco Bell, Sprouts and Auto Zone and has executed over 700 career lease transactions, including 55 new leases signed since the beginning of the pandemic. 

 “Greg has been an incredibly talented and valued member of our NewMark Merrill family since the day he started,” commented Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies.

  “I have had the pleasure to watch Greg learn and grow and thrive over the years and I am thrilled to see the person he has become, a true asset to our company as evidenced by the work he does for every property and merchant he assists.” 

 

Sanford D. (Sandy) Sigal

Before joining NewMark Merrill, Giacopuzzi received his Bachelor of Arts degree in Accounting and Business Administration from Point Loma Nazarene University.

  He is an active member of Innovating Commerce Serving Communities (ICSC) and the Southern California Chapter of the Association of Commercial Real Estate (ACRE). 

 NewMark Merrill Companies continues to hire for multiple positions currently open across the portfolio. If you are interested in learning more about joining our team, please visit NewMarkMerrill.com/careers. 

 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

NewMarkMerrill.com

 

Ware Malcomb Expands in Canada with Third Office in Ottawa

 

Christina Kolkas

OTTAWA, ONTARIO, CANADA  – Ware Malcomb, an award-winning international design firm,  announced that the firm has opened a third office in Canada.

 The office, located in Ottawa, at 1420 Blair Towers Pl, Suite 104, Gloucester, Ontario K1J 9L8, will serve to support Ware Malcomb’s growing client and project base across Canada. 

Ware Malcomb first entered the Canadian market in 2007 through an acquisition. Principal Frank Di Roma has successfully led the growth and diversification of the firms business in Canada since 2010. 

 “We already have a strong presence in Toronto and Vaughan. This third office solidifies our Canadian presence and allows more accessibility to clients seeking our expertise,” said Di Roma. 

“It’s an exciting time for our region, and we look forward to the opportunities and dynamic projects ahead of us,” said Christina Kolkas, Director, Interior Architecture & Design. 

Frank Di Roma 

Specializing in architecture, planning, interior design, branding, civil engineering and building measurement services for commercial real estate and corporate clients, Ware Malcomb has completed over 1200 projects in Canada and currently has active projects in six provinces across the country.

Select recent work in Ottawa includes: two projects with Avenue 31, providing architectural design services for a multi-storey industrial facility and providing architecture, interior design and branding services for a 100-acre, six building industrial park; and a project with Broccolini providing architectural design services for a one million SF distribution centre.

 

CONTACTS:

Rachel Reenders

VP Public Relations

 KCOMM for Ware Malcomb

rachel@kcomm.com

 Maria Rodgers, Public Relations Manager, 949.660.9128, mrodgers@waremalcomb.com

 Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128,

 mbissonnette@waremalcomb.com

Ware Malcomb Ottawa

1420 Blair Towers Pl, Suite 104

Gloucester, Ontario K1J 9L8

P: 343.633.2977

 

 http://waremalcomb.com/news and

view Ware Malcomb’s                 

 Brand Video at youtube.com/waremalcomb

 

Arcadia Management Hires Mark Zimmerman to Launch and Lead Construction Management Division

 

Mark Zimmerman 

PHOENIX, AZ — Phoenix-based property management leader Arcadia Management Group (AMG) has launched a new Construction Management Division, hiring industry veteran Mark Zimmerman to lead the launch and the division during a time of surging post-pandemic demand.

 In his new role, Zimmerman serves as the National Director of Construction Management, overseeing a pipeline of $17 million in tenant and capital improvements for current Arcadia-managed properties.

 He will also pursue and direct projects outside of the Arcadia real estate portfolio – a market segment experiencing significant growth as COVID restrictions lift and companies return to the office.

 “There was no notable downturn in construction demand during the pandemic," said Zimmerman.

"In fact, demand among Arcadia clients grew as tenants recognized the need to incorporate new technology and embrace and deploy flexible, amenity-heavy work environments.

 “With this new division, we will be able to meet that demand and pursue new opportunities as an experienced team, within a very efficient, nimble and creative organization.”

 Based in Phoenix, Arcadia Management Group serves a portfolio of more than 50 million square feet of office, retail and industrial space across the United States.

Gary Shaw

 “Mark contributes a tremendous amount of industry experience and a true commitment to being responsive, creative and solutions-focused,” said Arcadia Management Group President Gary Shaw.

 

 “Companies across our network are seeking out this level of quality and skill as they negotiate our new business landscape. We are thrilled to have Mark on board to help us answer this demand.”

 

 In addition to tenant improvements, Arcadia’s Construction Management Division will also offer post-construction services including furniture, security, IT, utilities and related set-up and coordination associated with a tenant relocation.

 

CONTACT:

Stacey Hershauer

FocusAZ

480.600.0095

stacey@focusaz.com

www.arcadiamgmt.com.

Stos Partners Deepens its Investment in Southern California with 183,000-SF Industrial Acquisition in Los Angeles County

Industrial warehouse at 159 North San Antonio Avenue
Pomona, CA


 Pomona, CA – Stos Partners, a privately held commercial real estate investment firm, has expanded its Southern California portfolio with the acquisition of a 183,000 square-foot industrial warehouse in the Los Angeles County submarket of Pomona, California.

CJ Stos

The firm purchased the asset with an institutional partner for $22.275 million in an off-market transaction. 

This transaction is part of over $42 million of acquisition activity for the firm over the last few weeks, according to CJ Stos, Principal at Stos Partners.

“As one of the most active buyers of value-add industrial properties in the region, we have been able to draw upon close local broker relationships to source competitive investments,” says Stos.

Jason Richards
 “This latest acquisition is in a prime location within the Los Angeles market, situated between the Inland Empire and San Gabriel Valley, and offers immediate cash flow and long-term value creation opportunities.”

The property is 100 percent leased to a credit-backed manufacturing and distribution tenant, according to Jason Richards, Partner at Stos Partners.

“There is tremendous demand for well-located, highly functional industrial product in greater L.A. submarkets like Pomona based on limited supply and low vacancy,” explains Richards.

 “Utilizing our expertise in deferred maintenance and proven renovation and repositioning strategies, we will create value through substantial interior and exterior upgrades.”

 Jay Boyle

The asset will eventually undergo several capital improvements including interior spec suite replacements, mechanical upgrades, a new roof, fresh paint, parking lot resurfacing, and landscaping, in order to bring rents up to market rate, notes Jay Boyle, Executive Vice President at Stos Partners.

“Strong property-level attributes make this an ideal asset for current and future industrial uses,” explains Boyle. “We are well positioned with the expertise and capabilities necessary to identify opportunities and unlock its full value potential.”

Tanner Jansen
The acquisition is the most recent purchase of what has been a very active first half of 2021, notes Tanner Jansen, Vice President of Acquisitions at Stos Partners.

“We are very excited to build on this opportunity as we continue to expand into the Inland Empire,” noted Jansen. “Following two failed escrows by previous buyers, we saw value in the current improvements and were able to bring our unique experience with similar assets to confidently close on this transaction.”

The property is located at 159 North San Antonio Avenue in Pomona, California. Todd Launchbaugh of Lee & Associates represented both Stos Partners and the seller in the transaction.  

Contacts:

Katie Haga / Elisabeth Manville

Brower Group

(949) 438-6262

khaga@brower-group.com

 www.stospartners.com.