DALLAS (January 21, 2020) – SRS Real Estate Partners is pleased to announce the opening of its twenty-eighth office in Washington D.C., and to welcome Andrew Fallon as our newest hire for the National Net Lease Group. As executive managing director for the National Net Lease Group and market leader for the new office, Andrew is establishing SRS’ presence in the national’s capital. His expertise encompasses many areas including net lease brokerage, commercial land brokerage, real estate underwriting, and litigation project management.
Prior to joining SRS, Andrew was executive managing director with Calkain Companies where he also served as a member on the Executive Committee. As an annual top producer, he closed nearly $1 billion in net lease transactions in a 10-year period, closing more than 300 transactions. His brokerage is focused on single-tenant and portfolio retail sales, merchant-build developer representation, and institutional client acquisition and disposition services, and buyer representation of high net worth and 1031 exchange investors. In addition to traditional triple net investment sales, Andrew regularly consults on and sells stabilized high-street, urban in-fill retail projects throughout Washington D.C.
Andrew is an active member of the International Council of Shopping Centers, Urban Land Institute, and the District of Columbia real estate community. He is recognized as an expert in his field having been featured in multiple industry publications and was selected for Real Estate Forum’s Top 40 Under 40. He holds an MBA from The George Washington University School of Business and is a graduate of American University, where he studied law and society.
Andrew will assist in recruiting individuals in his market to the National Net Lease Group, which has seen explosive growth in the past year. They added 15 new brokers to the team, as well as opened one new office, and added individuals to three existing SRS offices. SRS’ National Net Lease Group and the western region of SRS’ Investment Properties Group successfully completed more than 485 sales in 2019 worth more than $1.5 billion in transaction value across 43 states. The National Net Lease Group has more than 50 net lease professionals nationwide, all collaborating on one central platform, with leadership, underwriting, and marketing efforts strategically located in Southern California.
“Andrew’s arrival, and the new office opening in D.C., indicates great strides for the National Net Lease Group, and Andrew’s status in the market will be an asset to our recruiting efforts as we continue to grow that office,” said Matthew Mousavi, managing principal of the National Net Lease Group.
“Our vision is for the D.C. office to be full service, adding brokers specializing in our core service lines in the coming months,” added Woody McMinn, president of North American brokerage.
“We are excited to welcome Andrew to SRS,” said Patrick Nutt, executive vice president for the National Net Lease Group. “He exemplifies the core values of our team with a professional and collaborative approach to brokerage. Andrew is an industry leader in the mid-Atlantic region and we’re glad to have him leading the efforts for SRS in that market.”
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 25 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, and investment services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit srsre.com.
SRS’ National Net Lease Group (NNLG) is a unified platform of seasoned net lease professionals located and transacting nationally with all underwriting and marketing efforts strategically located in Southern California. In 2019, the group along with the western region of SRS’ Investment Properties Group completed more than 485 sales across more than 43 states and has over 50 NNLG professionals nationally. From proactive sales to targeted acquisitions and tailored debt and equity solutions, SRS’ National Net Lease Group offers comprehensive services to net lease owners and investors. Superior speed-to-market, world-class marketing materials, a deep investor database, and unparalleled retail submarket intelligence from the entire SRS platform allow SRS’ National Net Lease Group to deliver the best possible returns. For more information, please visit srsnnlg.com.