Professional Biography

GERALD A. SNOWDEN

 Office:  125 Park Street, Suite 475, Traverse City, Michigan  49684   *  231-932-1700 x23   jsnowden@snowdencompanies.com   

 

 

REAL ESTATE DEVELOPMENT, PROPERTY MANAGEMENT, AND BROKERAGE SPECIALIST

 

Established and proven commercial real estate specialist with extensive experience in all facets of acquiring, developing, operating, leasing and selling midsize commercial real estate projects.

 

        Core competencies include all facets of:

 

        Development/Redevelopment         Acquisition/Disposition           Marketing/Tenant Representation        Property Management

 

        Finance/Investment Analysis            Partnership Structures            Brownfield/MBT/TIF Recapture             Product Re-positioning

 

 

 

                                                                      PROFESSIONAL EXPERIENCE

 

Snowden Development                                                                                                                                                                      1994 – Present

President/Owner

Successfully completed 15 commercial and residential projects totaling over $100 million

·         Developed vision and strategy to complete new and existing development opportunities to their successful conclusion.

·         Arranged and secured appropriate financing including Brownfield MBT credits and TIF recapture totaling $15 million.

·         Completed several build to suit multi-tenant projects after securing Fortune 500 companies as lead tenants.

·         Negotiated municipal parking deck involving cooperative public/private development agreements with City of Traverse City.

·         Coordinated environmental clean-up of Brownfield site.

·         Provided third party development services, assembled and managed partnerships, acquired properties for personal account.

·         Received “Development of the Year” Award 2002 and 2004.  Parade of Homes Award 2005.

·         Managed due diligence for all acquisitions, including strategic planning, asset and market analysis, joint venture, stakeholder, media, broker, and

governmental relations, legal oversight, DCF analysis and on-going financial strategy.

 

Snowden Management                                                                                                                                                                     1994 – Present

President/Owner

Successfully managed over 500,000 square feet of office, retail and residential developments

·         Maintained properties to the highest standards of cleanliness, operation and life safety.

·         Employed appropriate staff of assistant property managers, accounting and building superintendents to maintain tenant satisfaction.

·         Development budgets, coordinated tenant activities and tenant retention programs.

·         Supervised over $30 million of interior construction and design.

·         Managed third party corporate and institutional accounts, including personal properties.

·         Received “BOMA” Office Building of the Year Award and numerous “Beautification Awards” from local municipalities.

 

Snowden Associates                                                                                                                                                                        1989 – Present

President/Owner – Broker/Associate Broker

Completed nearly 2,000 transactions over 7,000,000 sf. representing Landlords and Tenants in leasing and investment sales

·         Closed office lease transactions varying in size from 500 to 125,000 square feet.

·         Closed retail and industrial lease from 1,000 to 60,000 square feet.

·         Closed sales ranging from $1 million to $8 million.

·         Hired and managed staff of 10 agents and support staff.

 

CB Richard Ellis                                                                                                                                                                                   1986 – 1989

Associate Broker – Office Building Specialist

·         Represented Landlords and Tenants in lease transactions for mid-size office buildings in upscale suburban markets of Birmingham, Bloomfield Hills and Farmington Hills, Michigan.

 

 

 

                                                                     EDUCATION

 

Oakland University- BA Major English, Minor Political Science (pre-law) 1983.

 

Professional Education and Affiliations:  Graduate of Urban Land Institute Real Estate Development Program, CCIM and SIOR coursework, PlanEase, Xerox Sales Training, Traverse Area Developer’s Group (Founder).