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TSCG Buys Boutique Retail Brokerage
JLL Picks Chicago Industrial Chief, CBRE Recruits Landlord Representatives From Colliers, TSCG Buys Boutique Retail Brokerage
New Hires, Promotions and Other Personnel Changes
Retail brokerage TSCG has acquired Rosenthal Properties, a Vienna, Virginia-based firm founded in 1999 by Glenn Rosenthal. Rosenthal expanded the brokerage to a 65-person operation that focuses on tenant representation, leasing, property management and construction and project management of retail, office and industrial properties in Washington, D.C., Virginia and Maryland. The firm manages more than 7 million square feet of retail space and develops and owns shopping centers. “The retail landscape continues to evolve,” Rosenthal said in a statement. “This move strengthens our capabilities to better service our clients.”
With the Rosenthal transaction, Atlanta-based TSCG has 21 regional offices and more than 300 employees servicing tenants, landlords, investors and developers. TSCG said by establishing a major presence in the Washington, D.C., market, it “provides complete coverage of the East Coast” from New York to Miami. “We’ve grown our company strategically through a combination of organic growth and acquisition of market leading firms in territories that complement our existing strengths,” TSCG President and co-CEO Sam Latone said in a statement.
Full CoStar Article Here