Manager Real Estate

JAMES P. CREW

301-***-**** (H) **********@*****.*** (301) 928-

**** (C)

**** ****** ******, ***** *****, MD 20815

ASSET MANAGER / COMMERCIAL REAL ESTATE LEADER

PROFESSIONAL EXPERIENCE

Asset Manager

American Realty Advisors (ARA)

2012 to 2013 (Glendale, CA and Washington, DC)

Started January 2012 with company at headquarters location in California,

but returned to Washington, DC, in August 2012 to establish a company

presence where none had previously existed. Reported to Senior Asset

Manager for Eastern United States, based in Chicago, with responsibilities

in the Washington, DC, metro area.

Class A Office building portfolio consisted of 1 million square feet, with

properties in Washington, DC, Bethesda, MD, Tysons Corner, VA, and

Arlington, VA. Properties are either held in an open, comingled

investment fund, including three by joint venture, or by a separate account

pension ownership. The Washington, DC office buildings are located in the

NOMA, East End, and Golden Triangle submarkets.

ACCOMPLISHMENTS

. Utilized knowledge of extensive business relationships,

multiple property types, and geographic markets in bringing

stability to Asset Management position for ARA for its

valuable Washington, DC portfolio, which had been subjected

to multiple asset managers over the preceding four-year

period. Enhanced relationships with area brokers and with

local joint-venture partners, and have worked closely with

them to successfully transact over 200,000 square feet of

leases in a year-and-a-half.

. Oversaw and led the third-party brokerage and property

management teams to finalize multiple operating budgets, and

to achieve or exceed NOI projections for fiscal and calendar

year 2012, and year-to-date 2013.

. Multiple building improvements undertaken to either improve

operating efficiencies or to further enhance value; included

in those efforts was the LEED Silver designation for 2033 K

St, NW, a 30-year old mid-rise building.

. Successfully refinanced a two-building office complex in

Tysons Corner with short-term debt for $42 million from

Citizens Bank, a subsidiary of RBS.

. Regularly called upon to provide analysis relative to IRR's,

cash flows, joint venture distributions, financial reports,

and property valuations.

Vice President/Asset Manager

Bentall Kennedy (US) LP, formerly Kennedy Associates Real Estate Counsel -

2002 to 2011 (Bethesda, MD)

Reported to the Senior Vice President in charge of Asset Management for the

Eastern United States. Responsible for the leasing and management of

assets in Washington, DC and Northern Virginia, Boston, Detroit,

Indianapolis, and suburban Chicago, utilizing third party providers on all

properties. The size of the portfolio consistently exceeded 2 million

square feet, and totaled more than 3 million square feet with a combined

value in excess of $600 million during this time. Assets included new

development, existing, and value-add in core and core plus properties for a

large, open commingled real estate fund, as well as for separate account

clients.

Worked in tandem with property managers to develop and execute operating

budgets. Oversaw new construction as well as tenant build out work, and

executed contracts for both. Had due diligence responsibility for

acquisitions, and was an integral part of the disposition teams for

selected assets.

ACCOMPLISHMENTS

. Consistently within 96%-98% of budgeted NOI for annual portfolio

projections, and often exceeded 100%.

. Gained reputation throughout the company as one of the leading

leasing managers, generally exceeding expectations in healthy

markets such as Washington, DC, and improving those in difficult

markets such as Detroit. Responsible for increasing overall

occupancy to levels consistently above 85%, and succeeded in

achieving 95%-100% occupancy for the better performing assets. In

the midst of the recent recession, restructured leases to retain

key tenants and provide them the flexibility to adapt to a changing

economic environment.

. Brought to successful conclusion the disposition of approximately

1.3 million square feet of office and industrial properties,

including Class A office buildings of more than 800,000 square feet

in Northern Virginia and Detroit.

. Worked with a fee developer to build a LEED Gold office building in

Burlington, MA, and also coordinated the activity necessary to

achieve Energy Star ratings for two older buildings in the same

business park as well as for other buildings within the portfolio.

. As one of the original Asset Managers brought in to open the East

Coast office in 2002, mentored a number of Financial Analysts and

Associate Asset Managers during the tenure.

. Developed strong relationships with the investment and real estate

brokerage communities throughout multiple geographic areas.

Senior Vice President / Managing Director

CB Richard Ellis (CBRE) - 1987 to 2002 (Washington, DC)

Reported to the Executive Vice President for the Eastern Region in

different capacities, first as Managing Director of the Washington DC

office for ten years and later as Corporate Services Director for Strategic

Accounts for six years. Had responsibility for the performance of one of

the company's larger offices with its 35 sales professionals while acting

as Managing Director, and led the corporate account work that met strategic

client needs throughout the United States.

Was the primary conduit for the local office to the business community in

Washington DC, and interacted on a regular basis with other Managing

Directors for CBRE nationally.

ACCOMPLISHMENTS

. Demonstrated leadership and team building skills as Managing

Director, and produced average gross annual revenues of $14-$17

million from sales and leasing activity; average salesperson

commissions of $185,000-$225,000.

. Consistently added office inventory, and market share, to listings

portfolio during tenure; also assisted in the increase of tenant

representation activity. Was instrumental in securing account

that resulted in the headquarter relocation of General Dynamics

from St. Louis to Fairfax, VA.

. Took responsibility within CBRE for the Washington, DC region to

lead the retail team effort.

. Led the initial foray into national account work, and secured

Westinghouse, Siemens, and Viacom as major clients. Regularly

presented senior management of client firms with both oral and

written reporting, demonstrating skills relative to financial

analysis and space recommendations.

. Disposed of several million square feet of industrial and office

space for Westinghouse as it restructured itself by selling off

business units no longer deemed necessary to its long-term

strategy.

. Assisted Siemens in its US expansion, primarily its Power

Generation division, and was involved with major build-to-suit

transactions in Florida and Indiana. In addition, acted in

consulting capacity for the strategic planning of industrial

facilities and office developments.

. Rewarded with companywide recognition as a member of CBRE's

Congressional Circle for earning's achievement, which recognizes

the top 3% of the company's sales professionals while serving in

role of Corporate Services Director.

AFFILIATIONS - At different times, NAIOP, ICSC, Greater Washington Area

Board of Trade, Rotary Club International, and various commercial brokerage

groups; Maryland Real Estate License.

EDUCATION -- B. A. from University of California Los Angeles (UCLA)

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