SCOTTSDALE, AZ (January 15, 2015) – Commercial real estate developer SimonCRE announces the addition of partner Jeff Carpenter to the organization. With a strong background in retail development, leasing and finance, Carpenter will be involved with and add to the core business strengths of the firm. He brings additional expertise with single tenant build to suit and shopping center acquisition, which are explosive growth areas for SimonCRE.
“We are proud to welcome Jeff to the team,” says Joshua Simon, president and founder of SimonCRE. “He is an esteemed colleague and friend bringing vast industry knowledge and invaluable experience to the company. His strong work ethic and values are evident in every project he takes on and will aid in our continued growth.”
A full-service commercial real estate development company, SimonCRE specializes in retail ground up development, redevelopment, and single tenant build to suits throughout the country. The firm actively seeks opportunities to produce and redevelop quality shopping centers and retail spaces that enhance the local business climate. Current clients include Dollar General, the nation’s largest independent Verizon Wireless dealer Moorehead Communications, and EZCorp with their EZPawn retail stores.To date, SimonCRE has been instrumental in the retail development and subsequent leasing of over two million square feet of commercial space in 26 states from Florida to Oregon. The organization has doubled its employee base since 2013 because of its tremendous growth.
The addition of Carpenter will bolster the growth trend. Prior to joining SimonCRE, Carpenter spent six years with Sandor Development leading its private equity arm, Sand Capital, in sourcing, underwriting and the acquisition of non-performing notes and lender owned commercial real estate. Carpenter began his career in commercial real estate at Phoenix Commercial Advisors, a commercial real estate brokerage specializing in retail tenant representation, project leasing, and investment sales.At SimonCRE, Carpenter will specialize in sourcing new build-to-suit and shopping center opportunities.
“Our business is predicated on developing and maintaining strong relationships. As we interweave those relationships with our primary business focus of innovative strategic direction, we deliver a personalized solution to each project and client,” says Simon. “Jeff is completely aligned with our business philosophy which makes him a great fit for our clients.”