Vestar, one of the largest privately held retail real estate companies in the western United States, has promoted Jim Brennan to the position of Vice President of Operations. Previously he served as Regional Director of Property Management.
Based in firm’s Phoenix headquarters, Brennan will be responsible for providing operational support to the property management teams, as well as maintaining the firm’s vision and best-in-class brand. He will also oversee contract negotiation, professional implementation, and seamless transfer from construction to property management on renovation and re-positioning projects.
“We are pleased to announce Jim’s promotion to Vice President of Operations,” said R. Patrick McGinley, SCSM, President of Management Services for Vestar. “His proven experience and success with many of our top assets gives us full confidence that he will diligently lead the charge of developing and maintaining consistent standards and best practices throughout our firm’s growing portfolio.”
McGinley added ” As testimony to the firm’s growth, over the past 15 years, Vestar has expanded its management portfolio to more than 24 million square feet in Texas, California, Arizona, Colorado and Nevada.”
With more than 27 years of experience in the industry, Brennan has been with Vestar for 15 years and previously held various management positions with Simon Property Group, Equity Properties & Development and Forest City Enterprises. He earned his Bachelor of Arts Degree from Westminster College and is a licensed Real Estate Agent in Arizona. He is an active member of ICSC and holds the prestigious designations of CRX and CSM.