SCOTT JENNERICH JOINS FAMECO REAL ESTATE

Industry Veteran to Help Grow Fameco's Real Estate Platform

WOODBRIDGE, NJ— Fameco Real Estate is pleased to announce that Scott Jennerich has joined the Fameco organization and will be based out of its Woodbridge, New Jersey office. According to Fameco CEO and Partner, Brandon Famous, “Scott brings to Fameco a varied and seasoned background in retail real estate, both locally and nationally, together with tremendous leadership skills. This union will allow us to add another talented player to our Woodbridge office, as well as to expand our service platform into national representation and outlet opportunities, areas where Scott has a proven track record of success.”

For the past year, Jennerich has been at the helm of Trinity Real Estate Advisors, a consulting company specializing nationally in retail real estate, land development and the shopping center industry. Fameco will be adding a new dimension to its service platform with the addition of Jennerich. He will join Fameco as the President of Trinity Real Estate Advisors, a wholly owned subsidiary of Fameco Real Estate.  “Where Fameco has dominated the regional retail landscape, Scott is doing the same on a national level,” said Fameco Partner, Jeffrey Cohen.  Jennerich will be charged with opening doors to master brokerage and outlet center opportunities, and he will also be a great addition to Fameco’s Woodbridge office, providing strategic planning, business development acumen and general brokerage services.   Added Cohen, “Jennerich’s expertise, enthusiasm and integrity are second to none. With Scott on board, the possibilities are unlimited. “

Fameco opened its central/northern New Jersey office in 2008 to better serve the needs of its growing client base. Today, that office boasts an impressive stable of retail assignments including such venerable retailers as Walmart, Staples, Chipotle and Pep Boys. The group has successfully secured more than 7 million square feet in leasing assignments for some of the region’s most high profile new developments. Jennerich will join other industry veterans working the central/northern New Jersey market for Fameco, including Mike Horne, Steven Winters, Carlo Caparruva, Dan Spector, Tyler Bennett, Rick Weinberg and Jay Miller as well as Office Manager, Mitzi Villa. “The addition of Jennerich to this mix,” said Fameco Chief Operating Officer Michael Levin “will surely help us solidify our position as the dominant retail brokerage firm in the region.”

Jennerich possesses 24 years of experience in retail and commercial real estate. His prior background includes leadership roles in the corporate real estate departments for Brown Shoe Company and McDonalds Corporation where he oversaw the development of more than 500 stores.  During Scott's tenure at Brown Shoe Company, he served as Vice President of Real Estate for 1,400 US and Canadian retail stores. He directed real estate strategy, site selection, asset management and legal for Famous Footwear, Naturalizer, Franco Sarto and Via Spiga in the US along with Naturalizer and FX LaSalle in Canada.  At McDonald's Corporation Scott served as Regional Real Estate Director overseeing the New York City, Hartford CT, and New Jersey regional offices. His areas of responsibility included new restaurant development, asset management and strategic planning.  

Prior to working in corporate real estate Scott began his real estate career working in brokerage and development for the Leo Eisenberg Company and KODE Development Associates. He developed and secured locations for such retailers as Walmart, Rite Aid, Pier 1, Burger King, Pizza Hut, Taco Bell, White Castle, Dunkin Donuts, Chili's, and Olive Garden.

Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond. The firm is the exclusive representative for over 200 shopping centers and retail properties totaling 20 million square feet, manages more than 11 million square feet of retail space and exclusively represents more than 75 retailers expanding in the tri-state area.   Fameco's Investment Sales Team has completed transactions in excess of $1 billion.  Fameco is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S., Canada and Europe.

May 2, 2011