About Broad Reach Retail Partners LLCBroad Reach Retail Partners, LLC is a privately-held real estate company with offices in Baltimore, MD. The company is focused on the acquisition, repositioning and redevelopment of retail properties east of the Mississippi. Principal ResumésNATHANIEL A. TOWERNathaniel "Nate" Tower was founder and managing member of Tower Realty Investments, LLC (TRI). Prior to the formation of TRI, Mr. Tower was the Chief Investment Officer ("CIO") at Phillips Edison & Company ("PECO"), one of the nation's largest and fastest growing owner/operators of grocery-anchored shopping centers and premier acquisition groups. As CIO, Mr. Tower led PECO's effort to acquire and finance and took the Portfolio from 5 centers in 1996 to over 90 centers when he left the company in 2005. During this period, Mr. Tower bought 85 shopping centers in 50 separate transactions, with over $490.0 million in total transaction value. At a cumulative capitalization rate of 10.25%, he consistently found investment opportunities 50 to 150 basis points above the average market cap rate for similar shopping centers. Mr. Tower's leadership and transaction success at PECO increased the companies Net Operating Income in excess of $50.65 million and the value-add nature of the opportunities created an additional $250 million of net new value for the investors in the company. Prior to joining Phillips Edison & Company, Mr. Tower spent 7 years at Collier Pinkard, a premiere 3rd party Real Estate Brokerage and Property Management Company in Baltimore. Mr. Tower started his career at Pinkard as a property manager where he handled the day-to-day operations of a retail and office portfolio consisting of 12 properties. After 3 years in this role, Mr. Tower moved into a portfolio accountant role for a portfolio of 18 properties. Mr. Tower spent his last 3 years at Collier Pinkard in the sales and leasing side, where he became one of the highest volume leasing agents in the company. Mr. Tower has his Bachelor of Arts from the College of Wooster and his Masters in Real Estate from Johns Hopkins University. Mr. Tower formed the JEMICY School's Alumni Association and served on the school's board for 8 years. In addition, Mr. Tower served as the founding Chairman of the Baltimore Leukemia Cup Regatta. He is currently serving as treasurer of the Baltimore City Yacht Association. |
NEWSNovember 1, 2009BRRP installs Little Caesars in Badger Plaza located in Racine Wisconsin Details October 5, 2009BRRP renewing Fashion Bug at East Thompson Shopping center located in Indianapolis Indiana Details September 24, 2009BRRP installs AJ Wright into Badger Plaza located in Racine Wisconsin Details NEWS SUBSCRIPTIONSHave the latest Broad Reach Retail Partners news delivered directly to you, through our News subscriptions. It's available in RSS and Atom formats: Learn more about RSS & Atom Subscriptions Contact UsIf you have questions about investing or leasing opportunities, contact us. |