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Real Estate Asset Management
Mr. Giroux developed and managed commercial, retail, office, and industrial portfolios; managed assets up to 54 million sq. ft. – Montgomery Ward Properties Corp., Chicago, IL; assets of 12 million s.f. – for Great Atlantic & Pacific Tea Company, Inc., Montvale, NJ; managed and controlled combined acquisition, Ward capital, and expense budgets of $250 million; designed, developed, and implemented computer-based asset management and financial analytical systems at A&P and Montgomery Ward
Development and Disposition
Development office, industrial, commercial, and shopping center properties; enlarged and remodeled existing commercial, retail, and industrial facilities. Dispositions: 22 million s. f. of retail, office, and distribution facilities. Joint ventures: malls, community shopping centers, and other facilities. Acquired $2.2 billion in commercial/industrial property nationwide, developed 54 fast food locations, NE and NY; six pharmacy locations; $70 million in sales and other dispositions locally in MA.
Real Estate Appraisals
Mr. Giroux directed or conducted real estate appraisals, market research, and financial feasibility studies for urban, suburban, rural, or agricultural properties.
Purpose: acquisition, development, sale, estate valuation, or other reasons. Includes regional mall and community shopping center properties; industrial facilities, sale and construction thereof; residential subdivisions, major office building feasibility studies; industrial park development; disposition of mill buildings, apartments, and other real estate types. Total value exceeds $7.0 billion.
With Bernie Giroux’s extensive expertise in real estate, spanning a commendable fifty-two years and covering realms like corporate acquisitions, asset management, and appraisal, he is remarkably positioned to offer invaluable assistance in surplus property disposition. Contact Us.