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Alec Pacella
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Title: Managing Partner/Senior Vice President
Specialties: Investment
23240 Chagrin Blvd. Ste. 250
Cleveland, OH44122
Phone: 216-831-3310
Fax: 216-831-9869
Email:
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Scope of Service Experience
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Alec comes to NAI Daus as a seasoned investment professional, bringing 20 years experience as both a principal and a highly successful real estate salesperson. As Senior Vice President, he focuses on the marketing and sale of institutional-quality real estate assets.
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Education
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BA in Geography, Youngstown State University, 1988
MBA in Finance, University of Pittsburgh, 1992
CCIM designation, CCIM Institute, 1996
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Background & Experience
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| Alec has received numerous professional accolades during his career. He is a three-time winner of NAIOP's Investment Deal of the Year, winning the award in 2004, 2005 and 2006. He completed the largest individual investment transactions in Cleveland five times since 2000. He was named to Crain's 'Forty Under 40' in 2005. And he was recently appointed as an associate instructor for the CCIM institute. Alec began his real estate career in 1989 at the former DeBartolo Corporation. He came to Cleveland in 1994, joining Grubb & Ellis as Client Services Manager and became Vice President of Investment sales in 2000. In 2007, he joined First Industrial as a Regional Director, spending 15 months helping to direct the company's acquisition, leasing, management and disposition efforts. |
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Professional Affiliations & Designations
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Certified Commercial Investment Member (CCIM) and Association Instructor
Urban Land Institute (ULI), served as Market Profiles editor
International Council of Shopping Centers (ICSC), served on Research Steering Committee
Beck Center Board of Directors and Chair of Real Estate Committee
Youngstown State University, Distinguished Alumni award and guest lecturer
Properties Magazine, editor of monthly Financial Strategies column
Chairman of NAI Global Investment Council
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Significant Transactions
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Sale of 1.2 million square foot CBD Class A office tower, 200 Public Square - $145 million
Sale of 645,000 square foot CBD Class A office tower, Eaton Center - $62 million
Sale of 2 million square foot, 12-building industrial portfolio - $55 million
Sale of 660,000 square foot industrial building - $31 million
Sale of 150,000 square foot suburban Class A office building, Metropolitan Center - $19 million
Sale of 80,000 square foot suburban Class A office building, Proquest Building - $12.5 million
Sale of 12-property net leased retail portfolio, Tire Kingdom/NTB - $10.5 million
Sale of 330,000 square foot industrial building, 3400 Gilchrist Road - $9.5 million
Clients Served:
First Industrial Realty Trust
Lexington Corporate Properties
Regency Savings Bank
Duke Realty
KBS Advisors
Geis Companies
Weston
RG Properties
Contact Alec Pacella:
apacella@naidaus.com |