What were your nominee's primary business accomplishments over the last 12 months?
Susan is a partner at Foundry Commercial who leads the Property Management division in Charlotte and guides the Retail Services business for the entire platform. Over the last 12 months, Susan has been instrumental in our extraordinary growth and expansion.
Susan is a critical leader within the organization and assists not only with growing and managing the retail services business, but with the overall growth and vision of the company as well. As an example, she was a member of the partnership that executed the recent recapitalization of the company and welcoming HQ Capital Real Estate as its new capital partner, after Foundry Commercial executed a management led buyout in September of 2015, spinning off from its former parent company, CNL Commercial Real Estate.
Shortly after the recapitalization, Susan helped Foundry recruit and onboard 40 new associates from the Charlotte and Raleigh Thalhimer offices and helped implement and manage the company’s rebranding efforts in the Carolinas. There are several moving parts involved with having a new capital partner, a new brand and 40 new associates to integrate into a growing business and Susan has done this with excellence and grace. These changes and growth create exciting opportunities for Foundry, and having Susan as a partner and a leader within the organization helps us maintain our unique culture of caring deeply for our associates, customers and investors and placing their needs before our own while growing our property management platform and serving more customers.
In addition to these assignments, Susan also oversaw the onboarding of a significant new property management assignment of Water Ridge Office Park, a Class A suburban park located in the Charlotte Airport submarket spanning 843,000 square feet that was acquired by New York Life in December 2015.
Give specifics on business growth over the past 12 months. This can include growth in revenue, workforce, client base, etc.
In 2015 alone, Susan helped add a total of 9.8 million square feet of new retail, office and industrial assets managed and the Charlotte office grew by more than 50 associates.
Susan also on-boarded 13 new institutional clients in 2015, and expanded Foundry Commercial’s presence in markets around the country, including management of new assets in Arkansas, Charlottesville, Virginia and Ohio.
Did she lead any special projects in the last 12 months to help with company growth?
In the past year, Susan oversaw all retail property management business growth, and was a part of the leadership team that spearheaded the acquisition of Thalhimer in the Carolinas, which brought on 40 associates and 240 assets, with leasing and management needs for over four million square feet of real estate.