Morristown, N.J. - June 10, 2009 — Normandy Real Estate Partners, one of the largest real estate developers, owners and operators in the Boston to Washington, D.C. corridor, announced that it has hired industry veteran Mark Roopenian as Vice President to manage the leasing activities at the John Hancock Tower. In March, Normandy Real Estate Partners, in partnership with Five Mile Capital Partners, acquired the John Hancock Tower. Mr. Roopenian’s new role and title of Vice President are effective immediately.
Mr. Roopenian joins Normandy from Broadway Partners, where he served as Vice President Leasing and Asset Management, Boston Portfolio and oversaw all leasing, asset management, and capital improvement programs for that company’s 4 million square foot Boston area portfolio – which included the Hancock building. Previously, he was a partner at Boston’s The Chiofaro Company, where he spent twenty-three years with responsibilities that included leasing, asset management, and property development. At Chiofaro, Mr. Roopenian led a team that executed hundreds of lease transactions, completed over one million square feet of ground-up development, and closed over $1 billion of construction and permanent financing for various projects.
“We know the value local knowledge adds when doing business in Boston,” said Ray Trevisan principal of Normandy Real Estate Partners. “Mark’s deep familiarity with Boston real estate, honed through more than twenty years of hands-on leadership, makes him an excellent choice to drive the leasing of an iconic property like the John Hancock Tower. We’re thrilled to have a leader like Mark on our team.”
Mr. Roopenian earned a Bachelor’s degree in Marketing from Boston College and was a professional football player in the National Football League before initiating his real estate career.
About Normandy Real Estate Partners
Normandy Real Estate Partners is a vertically-integrated real estate private equity fund manager headquartered in Morristown, NJ with offices in Boston, New York City, and Washington DC. Normandy currently manages a series of discretionary real estate funds totaling approximately $1.0 billion of equity commitments. Normandy’s existing portfolio includes 14 million square feet of commercial assets, four hotels and numerous land development sites. Normandy is presently investing its second discretionary real estate fund, Normandy Real Estate Fund II, L.P. Targeting primarily the Northeast and Mid-Atlantic markets of Boston, Metro New York City, and Washington, D.C. Normandy is pursuing primarily office property equity and non-performing debt investments where opportunities exist to enhance value through creative repositioning, financial restructuring, intensive management, and capital improvements. For more information visit www.normandyrealty.com.