Rielly will partner with the existing leadership in Southern California to open their new Los Angeles office that will serve as the hub for this nationwide group focused on high-end, digitally native, emerging and established brands
Dallas, Dec. 03, 2018 – SRS Real Estate Partners is excited to welcome Mike Rielly as senior vice president and managing principal in their new Los Angeles office that is slated to open in early 2019. Rielly will also lead the newly formed SRS Signature Group nationally. SRS Signature is a one-of-a-kind service offering that will cater to aspirational and high-end brands targeting coast-to-coast growth in high-street, “A” mall, lifestyle, premium outlet and design/arts district environments.
Mike Rielly joins SRS with nearly 20 years of experience in commercial real estate, and an extensive background incubating and serving best-in-class brands in various categories. Rielly has particular expertise in assisting international retailers with a U.S. transition or expansion as well as early retail template formation for domestic and global brands. Over his career he has had the privilege of working with companies such as Uniqlo, Scotch & Soda, Rodd & Gunn – New Zealand, AG / Adriano Goldschmied, Robert Graham, iPic Theaters, Havaianas Brazil, Café Del Mar – Ibiza, Aesop, Superdry, True Religion, Mango, Carmen Steffens, Ed Hardy, Rip Curl, Michael Stars, Fred Segal, Billabong, and many others. Most recently, Rielly was president of Next Wave Retail, Inc. in Los Angeles, and has been a part of over $1 billion in transactions over the past two decades.
Rielly is a New York Bar-certified attorney and practiced in Manhattan after graduating from Cornell University and Notre Dame Law School. In 1998, he moved to Los Angeles to work with Michael Ovitz, former president of Disney, in his start-ups AMG Studios and Lynx Equity Acquisitions. Shortly after, he joined Townsend & Associates, a prestigious retail tenant representation firm based in Los Angeles, to help grow their client roster and dealmaking around the U.S.
Built to specifically serve high-end, digitally native, emerging and established brands, as well as upscale entertainment flagships and chef-driven restaurants, the SRS Signature Group is comprised of highly-specialized real estate advisors across the U.S. and in select global markets. The group offers a comprehensive suite of services from concept incubation to multi-market expansion and portfolio optimization. The Signature Group’s senior real estate advisors have the time-tested strategies, landlord and owner relationships, and geographic coverage that allow them to deliver landmark locations in crucial, yet tough-to-penetrate markets.
SRS Signature serves domestic and international brands desiring to expand or launch within North America. Additionally, the group facilitates international growth of domestic concepts through its relationship with Savills. The team will be centered in SRS’ soon-to-be-open Los Angeles office, with leadership, research and advisory staff, and programmatic account team members. Additional key team members are located in New York, Boston, Miami, Atlanta, Dallas, Toronto, Chicago, Denver, San Francisco, and Hong Kong.
The addition of SRS Signature is another strategic move for the company as they continue to recruit talented team members, and evolve their service offerings to align with the path that the retail industry is taking as a whole. As many retail brands are shifting their image and storefronts to become more experiential, aspirational, and unique, SRS Signature will focus on the evolving needs of this fast-growing segment of the retail industry.
“Mike Rielly is unequivocally the best at what he does nationally. We couldn’t be more thrilled to have someone of his caliber as a partner, and to have him bolster our presence in Los Angeles,” said Garrett Colburn, executive vice president and managing principal.
“We are excited to have Mike join us to lead this focused specialty line of business at SRS. He is a proven leader who will be able to grow the SRS Signature Group in North America as well as expand our global services in this segment,” said Chris Maguire, CEO of SRS Real Estate Partners.