Movers and Shakers Week of 03.12.18
JLL Denver Adds Todd R. Smith to Project & Development Services Team
JLL Denver today announced the addition of Senior Vice President Todd R. Smith to its Project and Development Services team. While based in Denver, Todd will focus on contributing to JLL’s evolving development practice throughout the Northwest Region.
Todd returns to JLL after having founded and operated his own business for 15 years, where he led the successful completion of over $3.5B in real estate and advised Fortune 100 clients throughout the Americas in project management, program management, creation and recovery of complex projects.
“Todd’s breadth and depth of experience make him a strong fit and tremendous asset to the JLL Denver office,” said Paul Washington, market director of JLL’s Rocky Mountain Region. “We are excited to have him join our growing Project & Development Services team.”
Todd has earned a reputation for effectively directing all disciplines of new, growing, stabilized, and distressed projects throughout the real estate cycle. Previously, Todd was a VP in JLL’s Capital Markets group in Chicago and in the Management/Leasing and Development teams in Denver.
JLL Project and Development Services is a leader in the development, design, construction and branding of commercial real estate projects for the world’s most prominent corporations, educational institutions, public jurisdictions, healthcare organizations, industrial facilities, retailers, hotels, sports facilities and real estate owners. Ranked No. 4 in Building Design + Construction’s 2017 Construction Management Giants survey and No. 5 on Engineering News-Record’s 2017 list of Top 100 Construction Management-for-Fee Firms, JLL’s project management team comprises 5,755 project managers across 52 countries and is actively managing $35.7 billion under construction.
Inocucor Hires Global Finance Executive as Chief Financial Officer
Inocucor, the Denver-based developer and producer of biological crop inputs for agriculture, has hired David Sisk as senior vice president, Finance and Administration & CFO.
David is an accomplished financial executive whose previous experience includes leadership roles in global organizations such as Armacell, Platform Specialty Products Corporation and Cheminova A/S. He is skilled in business strategy and process improvement, and guiding companies through mergers and acquisitions. He has a master’s in economics from North Carolina State University and is a certified public accountant (CPA NC).
Inocucor President and CEO Donald R. Marvin said, “In the past year, Inocucor has moved from being an emerging startup to a going commercial enterprise. This newest addition to our executive leadership team will help guide the company as we build our business throughout the Americas and into Western Europe. David is a well-credentialed financial executive with extensive international experience, including strategic M&A.”
Inocucor produces microbial products based on a patented fermentation process that help improve plant health and productivity. Its products are safe for people and the environment and are in use by growers in Canada and the U.S. The company has raised more than $50 million in private equity funds in the past three years.
In May, Inocucor will occupy its new 30,000-square-foot U.S. headquarters and commercialization office currently under construction in Centennial, Colo. Its Montreal-based, R&D-focused Technical Center of Excellence is currently being enlarged from 10,000 to 20,000 square feet to house expanded product development and manufacturing operations. The company employs about 40 people in Montreal and the U.S., and anticipates adding another 25 to 30 high-level scientific and managerial professionals over the next year.
NexCore Group Adds to its Capabilities as Tom Kelly Joins its Business Development Team
NexCore Group, a national healthcare real estate developer, announced today that Tom Kelly has joined the firm’s business development team as its vice president of real estate development. Mr. Kelly joins NexCore Group with 15 years of experience in real estate development, investment, management and commercial brokerage. He has managed development projects in numerous asset classes including office, retail, industrial and master-planned communities and has played an integral role in gaining entitlements for 600,000 square feet of commercial space and 3,500 residential units.
NexCore Group Managing Principal Jarrod Daddis says Mr. Kelly’s experience fits in perfectly with NexCore’s direction and growth.
“Tom’s career in many different phases of the real estate sector is a great asset to our development efforts.” Mr. Daddis says. “We are proud to welcome him to the NexCore family as we continue on our exciting path of growth and influence in the healthcare real estate arena.”
“I am honored to join NexCore, a great firm for which I hold the utmost respect. It is a privilege for me to work with this excellent team as we forge ahead on many new exciting healthcare real estate ventures across the United States,” says Mr. Kelly.
Before joining NexCore, Mr. Kelly was director of commercial development at McWhinney, where he led the pursuit of mixed use development opportunities throughout the Western United States and negotiated office and retail leases for Dairy Block in downtown Denver. Prior to joining McWhinney, he was a partner in a real estate investment group in Jacksonville Beach, Fla., where he was responsible for development and investment activities and securing equity partners.
Mr. Kelly graduated from Bucknell University with a Bachelor of Science in Business Management and earned his Master of Science in Real Estate and Construction Management from the University of Denver. He is a Certified Commercial Investment Member (CCIM) and a LEED Green Associate.
Jeremy Kroner, SIOR Achieves SIOR Designation from Society of Industrial and Office REALTORS®
Jeremy Kroner, SIOR of CBRE has achieved the SIOR industrial designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,200 commercial real estate professionals whom have earned the coveted SIOR designation.
To achieve the SIOR designation, Kroner, SIOR completed at least five years of creditable experience in the highly specialized field of industrial real estate; met stringent education requirements; and demonstrated professional ability, competency, ethical conduct, and personal integrity.
Individuals who hold the SIOR designation are top producers in the commercial real estate field and are represented in more than 685 cities in 36 countries around the world. SIOR enforces a strict code of ethics and required designees to complete its ethics course within their first three years of membership.
Based in CBRE’s Boulder office, Kroner, SIOR specializes in the leasing and sales of flex/industrial and office properties across the US 36 corridor and north Denver metro, including Boulder, Jefferson, Broomfield and Adams counties. Together with his partner Erik Abrahamson, Kroner, SIOR has completed more than 5.1 million square feet of leasing and sales activity in the region, totaling over $220 million in consideration.
Prior to joining CBRE in 2005, Kroner, SIOR began his real estate career with Cushman & Wakefield where he quickly rose to the top of the firm’s industrial department, earning the Colorado Region’s Overall Client Service Award in 2004. He is a graduate of the University of Colorado at Boulder.
Kroner, SIOR has long sought an SIOR designation and could not be happier to finally be a member of such a distinguished group of real estate professionals, both locally and across the country.
Aimco Announces Suzanne Sorkin as Vice President
Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced this week that Suzanne Sorkin has joined the company as a vice president. Ms. Sorkin will have day-to-day responsibility for Investor Relations as well as other finance matters, reporting to Senior Vice President Lynn Stanfield.
“Suzie is well-known and highly respected in the REIT community,” said Terry Considine, Aimco Chairman/CEO. “Many on the Aimco team have known Suzie for the past decade as a thoughtful analyst and a successful portfolio manager. We are delighted that she is joining us as a teammate.” Mr. Considine continued, “Suzie’s strong financial background and 16 years of investment management experience will enhance the talented team led by Lynn.”
Before joining Aimco, Ms. Sorkin was senior vice president, research analyst at Adelante Capital Management in Oakland, California. Prior to that, she held positions as portfolio manager and senior portfolio analyst at APG Asset Management and analyst at Millennium Management in New York City. Ms. Sorkin began her career as an equity research associate at Morgan Stanley. Ms. Sorkin received a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania, and is a Chartered Financial Analyst.