CHICAGO -- NRC Realty Advisors LLC has hired Jeff Pomerantz as vice president of business development. He will be responsible for expanding the companys opportunities in the real estate industry as it relates to both bankruptcies and divestitures, areas in which he has more than 35 years of executive-level experience.
Pomerantz founded Dalworth Tool & Supply in 1974, gaining extensive experience working with manufacturers and distributors in aerospace, oil and automotive industries. He sold the company in 1998 and moved to Barcelona, where he [image-nocss] founded Mechanical Concepts Iberia (MCI), an information technology (IT) and direct marketing consulting firm. Two years later, he sold MCI, returning to North America to serve as COO for emachinetool.com, where he focused on fundraising, branding, marketing and business development.
Most recently, he co-founded Chrysalis Special Projects, a Canadian consulting group, where he directed corporate turnaround efforts, complex multi-party negotiations and corporate restructuring initiatives.
NRC Realty Advisors specializes in the accelerated sale of North American commercial real estate property. With a concentration in the convenience story industry, NRC provides divestiture and real estate and financial advisory services. Since 1989, it has sold more than 10,000 parcels, including 1,600 sites (generating $.5 billion) in the past 3 years alone, it said.
Clients include global companies in a variety of industries, including petroleum (BP, Shell and Sunoco), c-stores (White Hen, am/pm), financial institutions (GE Capital, Bank One and Wachovia), retail (Kmart) and closely-held distributorships and independent retailers.Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.