News
Madison Marquette Establishes Madison Retail Group As National Brokerage Brand
Madison HGCD and Other Madison Marquette Affiliated Specialty Leasing and
New York, NY (December 4, 2006) – Madison Marquette announced today that it has united and strengthened its tenant representation and specialty leasing capabilities under one national brand name, Madison Retail Group. The team includes New York-based Madison HGCD and Washington, D.C.-based Madison Retail Group. The new national brand will continue to serve other major metropolitan markets as opportunities to open new regional offices are being explored.
“Our affiliated brokerage teams are highly regarded for their retail expertise and for their commitment to helping clients succeed,” said Amer Hammour, Chief Executive Officer of Madison Marquette. “A unified national brand will enable them to expand their service offerings throughout the United States.” The unified Madison Retail Group will also have a deeper relationship with Madison Marquette and will benefit from being able to access the company’s vast resources.
Madison Marquette is actively seeking investment opportunities in major metropolitan markets across the country, including the Mid-Atlantic region. “We will continue to rely on the retail and local market expertise of the Madison Retail Group team as we work to identify and evaluate new investment opportunities,” said Mr. Hammour.
The New York-based Madison HGCD team performs national and regional site selection and lease negotiations for a diverse range of moderate and high-end retail clients and representation for select landlords. They became affiliated with Madison Marquette in 2002 and their capabilities extend nationally, including San Francisco, Los Angeles and Chicago. The team has recently secured new flagship locations for Juicy Couture in Beverly Hills, Sephora at 300 Madison Avenue in New York as well as representing the ownership of the building where Barney’s will be opening. in San Francisco’s Union Square district. The team’s key principals include seasonal retail real estate specialists Richard Hodos, Stephen Stephanou and Virginia Pittarelli.
“Our new brand and strengthened affiliations is part of a long-term strategy to enhance our ability to serve clients throughout the country,” said Virginia Pittarelli, Chief Operating Officer and Principal of Madison Retail Group.
Washington, D.C.-based Madison Retail Group was founded in 1999 and is widely regarded as the premier tenant representation and leasing team in the region. Their clients include Apple Computer, Ann Taylor Loft, White House Black Market, Eggspectation Restaurant, Potbelly Sandwich Works, Washington Sports Clubs, Chico’s, Williams Sonoma, Pottery Barn, Wachovia Bank, Fogo De Chao, Au Bon Pain and others. Their leasing portfolio includes over 2,500,000 sf of retail real estate, including Jefferson at Penn Quarter, Republic Square, The Portals, The Spectrum at Falls Church, Festival at Waldorf, University Town Center, Westview Promenade, South Riding Market Square, Dominion Valley Market Square, The Shops at Belmont, 1800 Wilson Boulevard, Ballston Point and others. Founding partners Jim Farrell, Eric Rubin and Mike Pratt will continue in their leadership roles as Principals.
“Madison Retail Group will become an even more dominant force in the retail brokerage industry and we are please to be affiliated with such a highly professional team,” said Mr. Hammour.
About Madison Marquette
Madison Marquette is a Washington, D.C.-based investor, developer and operator of retail and retail mixed-use real estate throughout the United States. The company specializes in creating unique retail destinations that respond best to consumer preferences. With regional offices in San Francisco, Los Angeles, Minneapolis, Seattle, San Diego, Philadelphia, New York and Ft. Lauderdale, Madison Marquette seeks investment opportunities in growing markets. The company maintains a sophisticated in-house operating capability and oversees 26 million square feet of retail real estate. This diverse national portfolio includes many properties that Madison Marquette manages and leases on behalf of third-party owners. For more information about Madison Marquette, please visit www.madisonmarquette.com.
