THOMAS
T. POSAVEC,
SIOR, Vice
President
Office Services Group of
Landmark
Commercial
Realty,
Inc.
"Leasing
Harrisburg"
1-800-722-1990 ext. 3007
(717) 731-8765 (fax)
Click here to email
Tom Posavec
VICE
PRESIDENT AND SENIOR
PARTNER
OF THE
OFFICE
SERVICES
GROUP, of Landmark Commercial Realty,
Inc., has specialized
in Office and Business
Park Property
leasing
and tenant
representation since 1988. Prior to joining
the company
Posavec was a sales/leasing
associate
with a
local commercial
real estate
firm where
he served
for three
years.
Posavec
holds a
finance
degree
from Penn
State University.
Posavec
has extensive
experience
representing
companies
in the
acquisition,
disposal
and leasing
of Office and Business Park Properties. In
addition,
he advises
firms on
site selection
and location
analysis.
He is highly recognized as the authority on the office market
in the mid-state and is the author of the acclaimed publication "Market Watch", an office analysis of the Harrisburg Marketplace. He has represented
major national
and international
companies and has helped
secure locations
for several
hundred Central
Pennsylvania
based companies.
ACCOMPLISHMENTS
2006/2007:
- Over
1.2 million
sq. ft.
of office
space leased
or sold
- 213
transactions
- Nearly $100
million
in volume
RECENT ASSIGNMENTS
-
Represented Hoffer Properties in its acquisition of the 220,000 sq. ft. former PHICO Headquarters building located in Mechanicsburg, Pennsylvania. After a two year marketing period the sale was completed in late 2004.
-
Assisted Pennsylvania Housing and Finance Agency in their selection of a 169,000 sq. ft. build-to-suit sale-back. The eight story project will include 177 parking spaces and was completed in early 2004.
-
Exclusive broker for Belco Federal Credit Union for the sale of their downtown office campus. The Belco property is approved for 93,000 sq. ft. of office space.
-
Exclusive broker for Electronic Data Systems in their recent sale of a 60,000 sq. ft. regional office building located in Camp Hill, Pennsylvania. Co listed the property with Jones Lang LaSalle and sold the project within 60 days.
- Represented ITT Technical Institute in their selection of a 30,000 sq. ft. office suite located in Harrisburg. The $4.5 million transaction was completed after an exhaustive search of the Central Pennsylvania Marketplace.
- Assisted AXA Network on its 9,000 sq. ft. lease renewal in Harrisburg. Coordinated all aspects of the transaction with Cushman & Wakefield of New York to structure a flexible lease arrangement.
- Assisted Jerich Properties in its acquisition of the 20,000 sq. ft. Mary Sacs Building located at 208 N. Third Street, Harrisburg. The $1,265,000 transaction was completed within 90 days.
- Exclusive broker for Milestones, LLP in the acquisition of its 20,000 sq. ft. office building located at 2700 Commerce Drive, Harrisburg. The $2,065,000 transaction was completed in 30 days.
- Exclusive broker for Capital Area Intermediate Unit in their selection of the 400 block of Winding Hill Road, Mechanicsburg. After a thorough search of the Harrisburg office market, a long term 40,000 sq. ft. build to suit lease arrangement was executed. The $12 million transaction was one of the largest in the mid-state in recent years.
-
Coordinated a comprehensive search for Liberty Mutual in their selection of a 20,000 sq. ft. office property. Negotiated a below market long-term lease to significantly reduce rental cost and right size the firms operation.
-
Represented Lower Paxton Township in the sale of its 27,000 sq. ft. township office building. Project was under agreement in 75 days.
-
Assisted Electronic Data Systems in their renewal of a 45,000 sq. ft. office property. Negotiated a short term lease with attractive parking arrangements to provide EDS with maximum flexibility. Project completed in 120 days.
-
Represented
The Trane
Corporation in
the relocation
of their
20,000 sq. ft. regional
office. The build-to-suit
project
was completed
after
an exhausting
search of the suburban Harrisburg market.
-
Exclusive Broker for Hayes Large Architects. Assisted in the search for their 10,000 sq. ft. regional office property in the Central Pennsylvania area.
-
Represented Chubb
and Son in their 9,000 sq. ft. relocation to the 4999 Louise Drive building. Beginning with a suburban Harrisburg search
we were able to significantly upgrade their facility at an attractive rental figure.
-
Coordinated complicated negotiations for Michael
Baker
Jr.
Engineering in
their
20,000
sq. ft. search
of the Greater Harrisburg Office Market. Beginning
with
an entire
metropolitan
search
we
were
able
to
upgrade
their
facility
at a fair
market
rental.
-
Exclusive broker for Solomon
Smith
Barney,
Inc. in
their
renewal
of approximately
16,000
sq.
ft. located at Strawberry Square, Harrisburg. After a tour
of
the
Harrisburg
Market Place the firm was able to
substantially
upgrade
their
facility and secure
a long
term
lease
at
below
market
rate.
-
Represented Dr. David Amato in the sale of his 36,000 sq. ft. office property located in Harrisburg. The transaction was completed in 60 days.
-
Exclusive broker for Hoffer Properties in the sale of two office properties totaling over 45,000 sq. ft. in Harrisburg. The buildings located at 3540 and 3544 North Progress Avenue were fully stabilized at closing.
-
Exclusive broker for Verizon Corporation on the $4.5 million sale of two properties encompassing over 33,000 sq. ft.. The property was under contract in three weeks and settled two weeks thereafter.
-
Re-negotiation of leases for several Fortune 100 corporations. Right-sizing corporate clients with superb local knowledge.
AFFILIATIONS
- SIOR
- CCIM
Candidate
- Greater Harrisburg Association of Realtors
- ICI
Council
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