SRS Real Estate Partners Expands National Net Lease Group into Chicago Office

NEWPORT BEACH, Calif., July 26, 2016 (GLOBE NEWSWIRE) — SRS Real Estate Partners (SRS), North America’s largest commercial real estate firm exclusively dedicated to retail services, has announced that it has established a new arm of the National Net Lease Group (NNLG) in SRS’ Chicago office with the addition of four new team members. Joining the NNLG in Chicago are Dan Elliot, Sean Lutz, Chris Migely and Tara Tolomeo, who together provide full advisory services for net lease investors in the Chicago market and throughout the Midwest. The NNLG, which offers advisory services nationwide, was established by Matthew Mousavi and Patrick Luther in March of this year and is headquartered in the Newport Beach office.

Formerly of SVN Commercial Real Estate Advisors, the new Chicago team is well-respected and has consistently been recognized as one of the top sales teams in the country with annual production exceeding $100M. Leading the team are senior vice presidents, Dan Elliot and Sean Lutz, who together have more than 30 years of experience in single-tenant sales, anchored and unanchored shopping center sales, power center and portfolio dispositions and pre-development sales. Rounding out the team are Chris Migely, associate, who will provide additional advisory support, and Tara Tolomeo, marketing coordinator, who will provide marketing support for their inventory of more than 25 assets.

The NNLG is a singular, cohesive team with one base of operations out of Southern California where all resources and marketing efforts are centrally coordinated and executed. Now with more than 100 properties on market in 28 states, with total consideration in excess of $600M, the new team makes SRS better positioned than ever to serve net lease clients. The expansion of the NNLG into the Chicago office marks another substantial stride in SRS’ strategic plan to become a major player in retail investment sales across the U.S. The team will benefit from SRS’ nationwide platform of retail-only brokers and the retailer insight that comes along with their relationships. Their clients will gain advantages through remarkably faster speed-to-market and broad exposure through SRS’ unified marketing and technology platforms. SRS’ retail investment sales platform is now more competitively positioned than ever, and continues to be the only exclusively retail, national real estate advisory firm.

“The addition of this team expands the reach and depth of the National Net Lease Group and allows us to collectively better serve the Midwest markets,” said Patrick Luther, managing principal for the National Net Lease Group. “Dan and Sean are highly qualified, seasoned brokers who share our vision and team culture. With an inventory of more than 25 individual assets with total consideration in excess of $100M, we look forward to assisting and building their momentum and market share.”

“Dan and Sean have an extensive track record, and are respected investment advisors,” said Matthew Mousavi, managing principal for the National Net Lease Group. “This team is an excellent addition to the National Net Lease Group and we are excited to assist them in growing their business.”

About SRS Real Estate Partners

SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, investment services and development services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit www.srsre.com.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=40924

CONTACT: Christina Wezwick
         214.560.3215
         christina.wezwick@srsre.com

Source: Retail

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