Alec J. Pacella
ABOUT COMMERCIAL AGENT Alec J. Pacella
Alec has received numerous professional accolades during his career. He is a three-time winner of NAIOP's Investment Deal of the Year, winning the award in 2004, 2005 and 2006. He completed the largest individual investment transactions in Cleveland five times since 2000. He was named to Crain's c in 2005. And he was recently appointed as an associate instructor for the CCIM institute. Alec began his real estate career in 1989 at the former DeBartolo Corporation. He came to Cleveland in 1994, joining Grubb and Ellis as Client Services Manager and became Vice President of Investment sales in 2000. In 2007, he joined First Industrial as a Regional Director, spending 15 months helping to direct the company's acquisition, leasing, management and disposition efforts.
PROFESSIONAL ASSOCIATIONS
- Urban Land Institute ULI
- International Council of Shopping Centers ICSC
EDUCATION
- Youngstown State University BA in Geography
- University of Pittsburgh MBA in Finance
NOTEWORTHY CLIENTS
- First Industrial Realty Trust
- Lexington Corporate Properties
- Duke Realty
- KBS Advisors
- Geis Companies
- Weston
- SREO
TRANSACTION HISTORY
- Sale of 1.2 million square foot CBD Class A office tower, 200 Public Square
- $145 million Sale of 645,000 square foot CBD Class A office tower, Eaton Center
- $62 million Sale of 2 million square foot, 12-building industrial portfolio
- $55 million Sale of 660,000 square foot industrial building
- $31 million Sale of 150,000 square foot suburban Class A office building, Metropolitan Center
- $19 million Sale of 80,000 square foot suburban Class A office building, Proquest Building
- $12.5 million Sale of 12-property net leased retail portfolio, Tire KingdomNTB
- $10.5 million Sale of 330,000 square foot industrial building, 3400 Gilchrist Road
ACCOLADES
- 3 time Winner of NAIOPs Investment Deal of the YR
- Named Crains Forty Under 40
TRANSACTION STATISTICS
