NEWPORT BEACH, CALIF., Dec. 2, 2016 (GLOBE NEWSWIRE) -- SRS Real Estate Partners (SRS) welcomes two new team members to the rapidly growing SRS Investment Properties and National Net Lease Group (NNLG) in their Newport Beach office. Joining SRS are Michael Walseth as senior vice president, and McCall Huske as transaction coordinator, formerly of Walseth Retail Advisors of Marcus & Millichap. The NNLG was established earlier this year and offers net lease and single-tenant investment advisory services nationwide. Together with the SRS Investment Properties team in Newport Beach, there has been tremendous growth with over $1.1 billion on market in 38 states.
Walseth joins SRS with more than 20 years of commercial real estate experience. He began his career in Southern California as a retail leasing specialist at Flock & Avoyer representing shopping center owners throughout San Diego, Orange, and Riverside Counties. Soon after, he joined Archstone-Smith where he focused on acquisition and ground-up developments of Class A multifamily and retail projects throughout Southern California. There, he successfully led teams of entitlement, construction, and property management professionals during the development cycle. During his tenure at Archstone-Smith he successfully acquired, entitled, and developed properties with an estimated investment of over $2.5 billion. Most recently, Walseth was the executive broker of the Walseth Retail Advisors of Marcus & Millichap. There, he was consistently a top producer in the firm's Newport Beach office leading a team of highly-qualified retail investment professionals specializing in the sale of multi-tenant retail properties nationwide, with a primary focus on Southern California.
Huske joins SRS having worked for the past year with Walseth and his team as a transaction and marketing coordinator. As part of SRS Investment Properties and the NNLG, she will coordinate and manage commercial real estate transactions from origination to closing, acting as a liaison between clients, brokers, lenders, escrow companies, and title companies.
"Michael and McCall bring an exceptional 15-year single and multi-tenant track record, and allow us to broaden our coverage of institutional and private owners, with an emphasis on the local, Southern California markets," said Patrick R. Luther, managing principal for the National Net Lease Group.
"The addition of Michael and McCall further increases SRS' growing market share and Southern California based expansion, which we intend to continue," said Matthew Mousavi, managing principal for the National Net Lease Group. "Their clients will receive the benefit of our investment sales platform backed by the largest retail only real estate services firm in North America, specifically, SRS' national tenant relationships and leasing expertise. With a portfolio of over 6 million square feet under exclusive representation by our Newport Beach office's leasing team, our collaborative platform will provide Michael, McCall and their clients unrivaled expertise in tenant relationships, trends and real-time market data to assist in their clients' objectives. By combining the investment sales, leasing, and tenant representation disciplines into a singular, one-team platform, we've been able to capitalize on this underserved segment of the brokerage industry."
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 20 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, investment services and development 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 www.srsre.com.
CONTACT: Christina Wezwick 214.560.3215 firstname.lastname@example.org
Source:SRS Real Estate Partners(Cypress Equities)