Matthew Fainchtein |
LOS ANGELES, CA – With the continued evolution and growth of the retail industry, JLL has expanded its Southern California brokerage business. The firm has hired 16-year Los Angeles industry veteran and urban street retail expert Matthew Fainchtein as Managing Director with a start date of May 1, 2024.
Fainchtein will continue working with tenants
and landlords in their leasing and investment needs with a focus on Beverly
Hills, West Hollywood, Santa Monica, Studio City, Hollywood, Malibu and the
greater Los Angeles area. He will also lead the firm’s urban high street retail
leasing practice throughout Los Angeles.
With the addition
of Fainchtein, JLL now oversees leasing of more than 20 million square feet of
retail properties in Southern California.
“We continue to
see incredible growth in urban street retail in Los Angeles as the best
retailers want to be here and landlords want to position themselves as leaders
in this specialty," said Chris Wilson, JLL National Agency Retail
Lead and Executive Vice President.
"Matthew is the perfect senior partner for us with his experience doing deals on Los Angeles' best streets. He also gives us the experience to service our national urban clients, partnering with our JLL national urban brokerage colleagues who bring their clients to Los Angeles.”
Chris Wilson |
Wilson went on to
say, “We have been looking for a professional like Matthew for some time and
are thrilled to have him join our team. JLL will continue to strategically grow
our retail brokerage in key markets like LA."
Fainchtein joins
JLL with more than 16 years of experience in the retail real estate industry.
Most recently, he worked for a boutique retail brokerage firm.
Previously he spent nine years at a global commercial real estate
firm specializing in urban and high-street retail. Throughout his career,
Fainchtein has completed transactions valued at more than $900 million.
He is active member of ICSC and is graduate of
Bucknell University and the London School of Economics
CONTACT:
David Ebeling
Ebeling
Communications
949.861.8351
949.278.7851
(Cell)
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.”
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