FAMECO EXPANDS LEASING OPERATIONS TO ACCOMMODATE GROWTH OF

SHOPPING CENTER CLIENTS

PLYMOUTH MEETING, PA.—Fameco Real Estate has expanded its Landlord Leasing  Division to accommodate the growing needs of shopping center owners in the tri-state area, according to Brandon Famous, founder and CEO of the retail real estate  firm based in Plymouth Meeting, Pa.

            Fameco, which is already the Philadelphia area’s largest retail-oriented real estate brokerage firm, added three specialists to its leasing staff that represents 100 shopping centers encompassing more than 17 million s.f. of retail space in the Delaware Valley and beyond.

                  Fameco Principal, Adam Kohler and Michael Levin, the firm’s COO, who lead Fameco’s landlord leasing division, said the leasing opportunities cut across all segments of its retail client base, which includes grocery-anchored, power and lifestyle shopping centers, as well as middle market mall operations.

                  The new leasing hires include Brett Miller, formerly with Legend Properties, where he was involved in landlord and tenant representation; Julie Tanpitukpongse, formerly Assistant General Manager of Willow Grove Park, a Pennsylvania Real Estate Investment Trust property, and Jamil Smith, formerly employed at Smart & Associates and Keystone Property Trust.

                  Famous said increased sales activity in the retail real estate sector also prompted the addition of Chad Blankenbiller to the firm’s Investment Sales Division.  Previously with Pulte Homes, Arizona Partners, LLC, and CB Richard Ellis of Phoenix. 

               In addition to landlord representation, Fameco manages 10 million s.f. of retail space and exclusively represents more than 75 retailers expanding in the Delaware Valley.   Fameco's Investment Sales Team has completed transactions in excess of $1 billion.

        Fameco Real Estate is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S. and Canada. 

April 18, 2008