Dallas-based SRS Real Estate Partners has hired a team from SVN Commercial Real Estate Advisors to bolster the firm’s recently launched national net lease group (NNLG) in Chicago.
The hiring of Dan Elliot and Sean Lutz as senior vice presidents, as well as Chris Migely as an associate and Tara Tolomeo as marketing coordinator, will enable the division to expand its reach and depth in the Midwest markets, according to Patrick Luther, managing principal for the NNLG.
Elliot and Lutz bring more than 30 years of combined experience in single-tenant sales, anchored and unanchored shopping center sales, power center and portfolio dispositions and pre-development sales to the firm. At SVN, the team achieved annual production exceeding $100 million.
The recent hires will provide full advisory services for net lease investors in the Chicago market and throughout the Midwest, where SRS owns more than 25 assets totaling more than $100 million.
Matthew Mousavi and Patrick Luther launched the Newport Beach, CA-based National Net Lease Group this past March with the goal to offer advisory services nationwide. Already, the group has amassed more than 100 properties in 28 states valued at more than $600 million.