Expert Details
Real Estate, Project Management
ID: 735386
California, USA
Expert is a Principal in a real estate consulting and investment firm. In such a role, he is active in project consulting and asset management, development, and leasing of retail, mixed-use, and office properties. He is currently working in an advisory capacity on a 1.3 million square foot Boulevards mixed-use project in CA. He also serves as an expert witness in real estate matters.
Prior to this, Expert served as the Los Angeles area Partner and Project Principal for Panattoni Development Company. He was responsible for all ownership activities in the Greater Los Angeles area, including leasing, acquisition and development for retail, mixed-use and office properties.
Previous to Panattoni Expert was a Project Partner with the J.H. Snyder Company, one of the largest commercial real estate developers in Southern California. He focused on the development and leasing of various retail, mixed-use and office properties including Bella Terra in Huntington Beach, The River at Rancho Mirage, West Hollywood Gateway, and the NoHo Commons project in North Hollywood, CA.
Prior to joining the J.H. Snyder Company, Expert was with CBRE, the world’s largest real estate service company. He served as a Managing Director for the San Fernando Valley (L.A.) office, the West Los Angeles office and in Charlotte, North Carolina. During such tenure, he was licensed as a Real Estate Broker in California, North Carolina and South Carolina. Expert helped formulate the strategic plan for the respective geographic areas and also served as the Co-Director of the firm’s Institutional Services Group for the Los Angeles metro region with a focus on landlord leasing and management, mortgage banking, and investment sales.
Before his leadership role at CBRE, Expert was with Voit Development Company, a full-service real estate company based in Woodland Hills, CA. He achieved the title of Senior Vice President during his tenure at Voit. He was responsible for the company’s suburban development projects in the Los Angeles area and oversaw the company’s asset management business growth. He was also Director of Marketing for Warner Center Properties, a 2.8 million square foot mixed-use project in Woodland Hills, and development manager for the 80-acre Simi Valley Business Center.
Expert began his career as an associate with Price Waterhouse, where he earned the credential of Certified Public Accountant from the state of California. He earned his Bachelor of Arts in Economics from UCLA and participated in Harvard University’s Executive Education Program and Stanford University’s Advanced Management College. He is a licensed Real Estate Broker in California, is a member and former Southern California Board Member of the International Council of Shopping Centers (ICSC), and is a former Co-Chairman and Board Member of the Los Angeles Commercial Realty Association (LACRA). He also has served as an Executive Committee Member for the UCLA Real Estate Alumni Group. He holds the designations of Real Property Administration (RPA) and Facilities Management Administration (FMA) through BOMI. He is also an active member of REIAC.
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1998 | Degree: Executive Education Program | Subject: | Institution: Harvard University |
| Year: 1997 | Degree: | Subject: Advanced Management | Institution: Stanford University |
| Year: 1983 | Degree: BA | Subject: Economics | Institution: University of California, LA |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2008 to Present | Employer: Undisclosed | Title: Principal | Department: |
Responsibilities:Recent projects:1. City of Carson: project management and oversight of a 157 acre landfill off the 405 Freeway and Avalon Blvd. Current design is for a 550,000 sf outlet mall, 700,000 sf of surfaced parked retail and restaurants, 350 hotel rooms and 1,200 apartments. Major lease prospects include Costco and Walmart and a major housewares tenant. Prior work on site included working with the Chargers and Raiders for a new NFL stadium, including proposed assemblage of surrounding properties. 2. Shapell Commercial Properties - projects include: The Vineyards at Porter Ranch – Whole Foods, AMC theaters, Nordstrom Rack, ULTA Cosmetics, Gus’s BBQ, Lure Fish House, Peet’s Coffee, Premiere America Credit Union, Grub Burger, Cava Grill, Izakaya M, Larsens Steak House. Robertson Ranch – Vons, Starbucks, Primrose Schools. Norwalk – Superior Grocers. Thousand Oaks – 800,000 sf industrial center. 3. Brookfield Residential – design and predevelopment for 30 acres of retail development adjacent to 2,000 new single-family homes. Evaluation of proposed developers. LOIs include: Stater Bros, CVS, Dunkin Donuts, Pacific Dental, Farmer Boys, Great Clips, Del Taco and Mountain Mike’s Pizza. 4. Adler Realty – a. Master planning thirty acre site in Warner Center for conversion from office to apartments. Ran RFP to select architect, civil engineer and entitlement attorney. b. Fontana – 80,000 sf retail center. Uses include a 20,000 sf medical office building and Sprouts Market. 5. The BLOC – 400,000 sf retail center in Downtown LA. Developed leasing strategy and retail development plan. Leases include Alamo Drafthouse theater, Starbucks. 6. LaCienega/Centenela – Ladera Heights – negotiations with 99 Cents Only, ALDI, Big 5, Chick-Fil-A, KFC/Taco Bell. |
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| Years | Employer | Title | Department |
| Years: 2006 to 2008 | Employer: Panattoi Development Company | Title: Partner | Department: Acquisitions, Development and Leasing |
Responsibilities:Development Partner for the Los Angeles region, which included Los Angeles, Ventura and Santa Barbara Counties. Product focus on industrial, office and retail, with project related components of mixed-use/residential and office. Oversaw all acquisitions, development and leasing for the region.Achievements Development Partner on various real estate development projects including: • 2121 Main Street – a 42,000 s.f. retail center in Alhambra, CA. Anchored by a Circuit City and Fresh and Easy grocery store, along with a Chase bank branch and Chipotle restaurant. Negotiated purchase agreement, obtained entitlements, negotiated all leases. • 2101 Corporate Center Drive – a 50,000 s.f. industrial to office redevelopment in Thousand Oaks, CA. Sourced deal, negotiated purchase agreement, oversaw entitlement process to obtain SUP, negotiated leases. |
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| Years | Employer | Title | Department |
| Years: 1999 to 2006 | Employer: J.H. Snyder Co. | Title: Project Partner and Senior VP | Department: Acquisitions, Development and Leasing |
Responsibilities:AchievementsProject leader on various real estate development projects including: • Bella Terra: a 950,000 square foot retail lifestyle/entertainment center in Huntington Beach, CA. Tenants in redevelopment included Barnes & Noble, Staples, Circuit City, Macaroni Grill, Burlington Coat Factory and Mervyn’s. New tenants included Kohl’s, California Pizza Kitchen, Island’s Restaurant, Century Theatres, Bed, Bath & Beyond, Corner Bakery, Pei Wei Asian Diner, REI Sporting Goods, Cost Plus, See’s Candy, Jos A. Bank Clothiers, Johnny Rockets, La Salsa, Pasta Pomodoro, ULTA Cosmetics and King’s Fish House. • The River at Rancho Mirage: a 245,000 square foot retail entertainment center in Rancho Mirage, CA. Tenants include Century Theatres, Borders Books, P.F. Chang’s, Flemings Steakhouse, The Cheesecake Factory, Bath & Body Works, The Yardhouse, Baja Fresh, Cohiba, Bang & Olufson, ULTA Cosmetics and Helios Day Spa. • West Hollywood Gateway: a 250,000 square foot retail center in West Hollywood, CA anchored by Target and Best Buy. Additional tenants include Beverages & More!, ULTA Cosmetics, Starbucks, Baja Fresh, Zeke’s Smokehouse, Payless Shoes, Cingular Wireless, Motherhood Maternity, The Automobile Club, Jamba Juice, Ben & Jerry’s, Daphne’s Greek Cafe and the Formosa Café. The project is a two-level development with two levels of underground parking. • Oak Creek: A forty acre mixed-use development in Agoura Hills, CA. The project includes 336 luxury apartments, a 125 room Hilton Homewood Suites hotel, and multiple restaurants and retail uses. Assembled property from multiple owners. • NoHo Commons: a three-phase development in North Hollywood, CA which will contained approximately 720 apartments and condos, 60,000 square feet of retail (including a HOWS Market, Wells Fargo Bank, Coffee Bean & Tea Leaf, Coldstone Creamery and California Pizza Kitchen ASAP), and 250,000 s.f. of office. Assembled property from multiple owners. • Valley Plaza: A proposed two-phase 600,000 s.f. retail and housing development with 22 acres in the first phase – North Hollywood, CA. Prospective tenants included Macy’s, Circuit City, Target, Costco, a 16 screen cinema, a bookstore and various apparel and food service tenants. The second phase would contain approximately 100,000 s.f. of office and 850 residential units. Negotiated existing theater lease termination with United Artist Theaters. Assembled property from multiple owners. • Commerce Town Center – Commerce, CA: a proposed freeway frontage development to contain two hotels, a 16-plex Pacific Theatre, Wells Fargo Bank, Starbucks, Mimi’s Café, Red Robin, Chili’s, Coldstone Creamery, Office Depot, electronics and other retail and office uses. • Ontario Civic Center – Ontario, CA: a mixed use development in the heart of Downtown Ontario. The project is proposed to include 216 flats (residential) over 80,000 s.f. of retail anchored by a market or drugstore. Additionally, the complex would include 160 apartments for rent, and 140 for sale townhomes. • Alhambra Place – Alhambra, CA: a proposed mixed-use development in the heart of old Alhambra. The project is proposed to include 160 for-sale flats and 145,000 s.f of retail. |
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| Years | Employer | Title | Department |
| Years: 1997 to 1999 | Employer: CB Richard Ellis | Title: Managing Director | Department: Los Angeles |
Responsibilities:Achievements• Participated as a local team member in the successful disposition of The Centrum, a 250,000 s.f. power center. • Restructured the business plan for the Investment Properties sales group, including market research and underwriting. Developed a team approach for each specialty of retail, office and industrial transactions. • Coordinated the addition of appraisal services to the Charlotte office and integrated the mortgage banking subsidiary into the Investment Properties sales practice. • Stabilized office staffing and production after a period of dramatic turnover and loss of market share. • Initiated an approach toward regular business planning sessions, including identification of market opportunities, a team-based approach to client development and execution, and recruiting of new professionals. |
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| Years | Employer | Title | Department |
| Years: 1997 to 1997 | Employer: CB Richard Ellis | Title: Managing Director | Department: Beverly Hills/Century City |
Responsibilities:Achievements• Led brokerage and development teams in obtaining two major retail disposition/development assignments in the Los Angeles County area for Coast Federal Bank and Rockwell International. • Orchestrated personnel reorganization to achieve streamlined operations and delivery model. Solidified team structure and underwrote annual budget for both operations and business development. • Entirely restructured the Management Services operation to obtain greater profitability and career advancement for existing personnel. • Selected as a participant for inaugural national company leadership program. |
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| Years | Employer | Title | Department |
| Years: 1995 to 1997 | Employer: CB Richard Ellis | Title: Senior Vice President and Managing Officer Director of Institutional Services | Department: |
Responsibilities:Achievements• Took office from number five ranking out of six offices to number two. Achieved number one status after departure through programs put into place during tenure. • Developed a retail practice focused on development and redevelopment projects, which generated the highest production retail brokers for the entire region during each year in this office. • Led brokerage teams in the successful listing, leasing and sale of two proposed retail projects: The Granada Hills Town Center (a 200,000 s.f. community center) and Warner Marketplace (a 160,000 s.f. specialty center). • Led the successful business development effort in obtaining the Exclusive Listing for Warner Center Properties, a 2.4 million square foot, mixed-use office, retail and hotel project in Woodland Hills, CA. Served as an active member of the listing team. This Exclusive Listing of CB Richard Ellis was the largest office listing in the U.S. for the company. • Achieved a 39% market share for multi-tenant office building listings in the North Los Angeles market area. |
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| Years | Employer | Title | Department |
| Years: 1991 to 1995 | Employer: The Voit Companies | Title: Senior VP, Director of Marketing, Director of Development Services | Department: |
Responsibilities:Achievements• Led company efforts in the Los Angeles Region in building asset management business. Portfolio in Los Angeles County area grew from 3.5 million square feet at the beginning of 1992 to approximately 6.5 million square feet in early 1995 • Negotiated and executed leases for over one million square feet of deals during 1992, including retail, office, and industrial transactions. • Successfully grew fee-development business including hiring of development managers, negotiating contracts and overseeing business development. |
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| Years | Employer | Title | Department |
| Years: 1986 to 1991 | Employer: The Voit Companies | Title: Project Manager | Department: |
Responsibilities:Responsible for leasing and design development of suburban projects throughout the Los Angeles County area including established business parks in Simi Valley, Chatsworth and Sylmar. Also responsible for land acquisition, entitlements and construction management. Served as development project interface with joint-venture partner and lenders. Involved as a team member in financial underwriting for high-rise portfolio, with involvement in building design and construction.Achievements • Completed land grading design, development, leasing and financing on approximately 400,000 square feet of suburban office, retail and industrial property, including a Marie Callender’s and Chili’s restaurant. • Sold approximately forty acres of master-planned business park property to corporate and retail users. Re-zoned land to allow for specific retail uses. Sold fifteen acres of land to Costco and facilitated the entitlement for a gasoline station as part of the site. • Successfully negotiated a full build-to-suit for the 80,000 square foot headquarters of Cardkey Systems, Inc. Bought land, designed project and brought development in under-budget on a fast track construction schedule. |
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| Years | Employer | Title | Department |
| Years: 1985 to 1986 | Employer: The Voit Companies | Title: Financial Analyst | Department: |
Responsibilities:Responsible for underwriting of all company projects reporting directly to company Chief Financial Officer. Served as project interface on financial matters with joint-venture partner.Achievements • Worked directly with Chief Financial Officer on the successful issuance of a $24 million Industrial Development Bond offering . • Established financial reporting format and development cost tracking program. |
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| Years | Employer | Title | Department |
| Years: 1983 to 1985 | Employer: Price Waterhouse | Title: Associate | Department: |
Responsibilities:Achievements• Obtained CPA Certificate through State of California, completing all necessary requirements of field audits, financial statement preparation and tax accounting. • Led associates program in college recruiting and career days at local universities. |
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Career Accomplishments
| Associations / Societies |
|---|
| Real Property Administration (RPA) – BOMI Facilities Maintenance Administration (FMA) – BOMI Real Estate Investment Advisory Council – Los Angeles Chapter |
| Licenses / Certifications |
|---|
| CPA Certificate – State of California – June 1985 Licensed Real Estate Broker – California |
Additional Experience
| Other Relevant Experience |
|---|
| Various other assignments/projects: - Retail tenant lease negotiations: anchor and shop tenants, Old Navy, OfficeMax, TJ Maxx – San Luis Obispo, CA - Baja Fresh/La Salsa restaurant lease analysis of underperforming stores – national basis. - Repositioning and redevelopment of the 320,000 s.f. El Paseo Shopping Center in in Southgate, CA, which includes a 20-screen - Edwards Theater and La Curacao department store. - Project design and entitlement processing of Vista Automotive retail site in Woodland Hills, CA - Allen Automotive – Laguna Niguel, CA. Design, valuation sale analysis for new OCTA parking structure. - Dos Lagos – Chino, CA. Valuation and merchandising review – 300,000 s.f. lifestyle center. - Piemonte Center– Ontario, CA. Design/entitlement/leasing - 45 acres of retail and residential. Target, DSW, PetSmart, Best Buy. - Hamner Village – Eastvale, CA. Development program for Fresh and Easy and Rite Aid center. - Rancho Del Chino – Chino, CA. Lease negotiations and sale of center – JC Penney, Home Depot, McDonalds. - Home Depot – Balboa at Roscoe, Van Nuys, CA. Industrial ease extension option review. - Wilshire at Vermont – 446 apartments and 41,000 s.f. of retail. Design and leasing - Village Center/Village Center North – Stanton, CA. Strategic planning and leasing program – 22 acre retail center. - Main & Stapley – Mesa, AZ. Repositioning and leasing/sale of former Mervyns building. - Undivided interest valuation – retail center. 82,000 s.f. – Northridge, CA. - The Shoppes at Chino Hills – Chino Hills, CA. Leasing and merchandising review – 600,000 s.f. outdoor mall. - Laguna Marketplace – Laguna Niguel, CA. 400,000 sf power center. Walmart, Vons, Sport Chalet, Hobby Lobby. Leasing oversight. - Aliso Village – Laguna Niguel, CA. 110,000 sf neighborhood center. Whole Foods anchored. Leasing oversight. - Eastlake Village – Yorba Linda, CA. Vons, DVS, LA Fitness. Leasing oversight. - Porter Ranch Town Center – Los Angeles, CA. 600,000 sf – Walmart, Sport Chalet, Ralphs. Leasing oversight. - Milpitas Town Center – Milpitas, CA. Acquistion review of former Mervyn’s building. - Cupertino Mall – Cupertino, CA. Leasing review for lender. - PetSmart and Staples – Moreno Valley, CA. Breach of lease review. - La Curacao Department Stores – Phoenix, AZ. Breach of lease review. - Fresh and Easy Neighborhood Markets – West Covina and Brea, CA. Breach of lease review. - Rite Aid Drug Store – Newport Beach, CA. Market study. - Robertson Property Group – Anaheim, CA. Analysis of Caltrans eminent domain action on shopping center. - East Palo Alto – 1,800 unit residential project review. - Valle de Oro – Santa Clarita – negotiated bridge condition with City. - Heritage Fields / El Toro Marine Base – commercial master planning for industrial and office project. - Highland Village – 8 acres, retail design and leasing oversight. - Warner Corporate Center – master planning. - Shapell – Village at Porter Ranch, TO, Stanton, Norwalk – leasing overisight, Robertson Ranch – site design and leasing oversight. - Atalaya Capital – Ontario, leasing and entitlements. - Roclar – CVS lease negotiation. - Honolulu – eminent domain negotiations. - Stafford – Lake Forest, CA. Retail design and entitlements. Developer evaluation. |