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Home My WebLink About11 SELECTION OF A COMMERCIAL REAL ESTATE BROKER FOR MARKETING AND SOLICITATION SERVICES FOR A PORTIODocusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C �Y AGENDA REPORT F s�z MEETING DATE: NOVEMBER 19, 2024 TO: ALDO E. SCHINDLER, CITY MANAGER Agenda Item 11 Initial Reviewed. a`L� City Manager Finance Director FROM: RYAN SWIONTEK, DEPUTY DIRECTOR OF REAL PROPERTY SUBJECT: SELECTION OF A COMMERCIAL REAL ESTATE BROKER FOR MARKETING AND SOLICITATION SERVICES FOR A PORTION OF DISPOSITION AREA 5 AT TUSTIN LEGACY SUMMARY: Request for selection of a commercial real estate broker to provide marketing and solicitation services for approximately 14 acres of vacant property within Disposition Area 5 at Tustin Legacy. RECOMMENDATION: Authorize the City Manager to negotiate and execute a Listing Agreement with CCP Real Estate Advisors, subject to non -substantive additions or modifications as may be deemed necessary and/or recommended by the City Attorney. FISCAL IMPACT: Compensation for brokerage services is typically based on a commission structure, meaning that the City is not liable for any compensation to a commercial real estate broker until the close of escrow on a land sale or execution of a ground lease. City staff has negotiated the following tiered commission structure with the recommended broker, CCP Real Estate Advisors, which aligns with both other responses received and industry standards. Land Sale: 5.0% of the sale price up to the first $10,000,000.00 4.0% of the next $10,000,000.00 up to $20,000,000.00 3.0% of the sale price amount exceeding $20,000,000.00 Ground Lease: 5% of the lease value The final compensation amount will depend on the success of a future conveyance. It is unclear at this time whether the property would be conveyed under a sale or ground lease. Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C City Council Agenda Report Selection of Commercial Real Estate Broker November 19, 2024 Page 2 CORRELATION TO THE STRATEGIC PLAN: Execution of a Listing Agreement for commercial real estate brokerage services contributes to the fulfillment of the City's Strategic Plan Goal A: Economic and Neighborhood Development. Specifically, this item implements Strategy 1 which is to develop critical phases of Tustin Legacy. BACKGROUND AND DISCUSSION: On July 17, 2024, the City issued a Request for Qualifications (RFQ) for commercial real estate brokerage services with the goal of finding a broker experienced in the marketing, disposition, development and tenanting of experiential retail, entertainment and hospitality uses within Orange County. The selected broker is to represent the City on a future Request for Proposals (RFP) process for approximately 14 acres of vacant property within Disposition Area 5 at Tustin Legacy for an experiential retail and entertainment district with hospitality. The RFQ was directly emailed to the City's interest list and target brokers, posted on the City's Bids and RFPs web page, and emailed to professional associations such as the National Association for Industrial and Office Parks (NAIOP) SoCal, the Urban Land Institute (ULI) Orange County/Inland Empire, and Commercial Real Estate Women (CREW) Orange County. The RFQ responses were due by August 16, 2024. Nine (9) responses were received from the following firms or teams: • AM Williams & Michael Devlin Group • Ashwill Associates • CBRE CCP Real Estate Advisors Cushman & Wakefield • Ground Review • JLL/Kosmont Realty • RSG Tierra West Advisors An evaluation committee was established to review and evaluate all responses, interview a shortlisted group of firms, and ultimately recommend a broker for City Council consideration. The evaluation committee was comprised of a City staff member (Deputy Director of Real Property), a commercial real estate developer which is also a NAIOP SoCal board member, and a retail broker (not responding to the RFQ) experienced with projects at Tustin Legacy. The evaluation committee reviewed the responding firms' qualifications, relevant project experience and commission structure in considering a shortlist of firms to interview. After reviewing the proposals and subsequent shortlist interviews, the evaluation committee is recommending that the City Council enter into a Listing Agreement with CCP Real Estate Advisors (CCP). The evaluation committee determined CCP to be both the highest ranked proposal and highest rated interview. Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C City Council Agenda Report Selection of Commercial Real Estate Broker November 19, 2024 Page 3 CCP is a well -qualified local firm headquartered in Newport Beach led by Chris Fredrick, Founder and President. In addition, CCP is also including John Few, Managing Principal of SRS Real Estate Partners, as part of the proposed brokerage team. CCP has extensive experience in the brokering, development and tenanting of experiential retail, entertainment and hospitality uses and users desired by the City for the proposed RFP. Many of CCP's relevant projects may be referenced within their attached RFQ response. Following execution of a Listing Agreement, CCP will assist the City as follows over the next several months before an RFP is issued: - Identify strengths and weaknesses of the property in the experiential retail, entertainment and hospitality markets Research and recommendations on developers and tenants to pursue; Develop selection criteria for the developer selection process; Prepare sample underwriting, graphics, market research with comparable analysis on the subject property/City/region market for inclusion in the RFP and prepare a Broker's Opinion of Value; Evaluate project feasibility and suggest creative solutions to achieve desired development goals of the City; Create or identify appropriate software to enable initial developer document disclosure, execution, developer submittals, and developer questions; and Prepare, distribute, and administer the RFP for the property in accordance with the City's vision and City standard terms and conditions. Following the RFP release, CCP will assist the City by reviewing proposals and assisting with recommending a developer for City Council consideration. Staff currently anticipates that the RFP for the experiential retail and entertainment district with hospitality use on approximately 14 acres within Disposition Area 5 at Tustin Legacy will be released in the first quarter of 2025, with a developer recommendation to the City Council likely to occur in the second quarter of 2025. Ryan wiontek Deputy Director of Real Property - Ize 0 Kehneth Piguee Real Property Mana el) Attachment: CCP Real Estate Advisors RFQ Response Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C ro r rl I REAL ESTATE •----r-• ADVISORS CCP REAL ESTATE ADVISORS has been actively involved in curating `Experiential Retail/Hospitality Projects' for the last 1S years with many developers, unique tenants and hotels. The following is a summary of our projects and the developers we have worked. CURRENT RETAIL 0 EXPERIENTIAL PROJECTS PALM DESERT - Top Golf Development Project Developer: Fountainhead Development Contact: Craig Smith - 949-7S2-2S1S Tenants: Targeting Hotels, Restaurants, Entertainment and `Experiential' Tenants CCP Agent: Chris Fredrick COMPLETED RETAIL I EXPERIENTIAL PROJECTS PACIFIC CITY - Huntington Beach, CA CCP Engagement: A waterfront mixed -use project with 190,000 sf retail, F&B/Hotel development site. PC is located on the waterfront in Huntington Beach, CA, PCH & 1ST St. Developer: DJM Capital, Huntington Beach, CA Contact: Heather Hollister - 949-466-97S9, heatherhollister(a gmail.com Tenants: OLA Mexican Kitchen, Bungalow, Backhouse, Blue and Gold, Bear Flag Fish, Old Crew Smokehouse, KAI Japanese Bistro, etc. Hotel: PASEA Hotel, R.D. Olson Development, Pacific Hospitality Group CCP Agents: Chris Fredrick and Sam Moore LIDO MARINA VILLAGE - Newport Beach, CA CCP Engagement: A Bayfront Redevelopment of S7,000 sf consisting of unique Shops and Restaurants. Developer: DJM Capital, Huntington Beach, CA Contact: Heather Hollister - 949-466-97S9, heatherhollisterca gmail.com Tenants: Nobu, Malibu Farm, Zinclue, Circle Hook, Aesop, Cos Bar, Curl Fitness, etc. CCP Agents: Chris Fredrick and Sam Moore WESTFIELD TOPANGA - Topanga Social, Topanga, CA CCP Engagement: To curate, prelease and program the Redevelopment of the former SEARS into 2S0,000 sf of Food Halls, Entertainment Dining, Retail and a Theater. Developer: WESTFIELD, Century City, CA Contact: Sharon McHugh - 310-809-933S, smchughCawestfield.com ■ AL ESTATE Tenants: Pinstripes Bowling, Fat Sal's Deli, Jay Birds Chicken, B Sweet Dessert Bar, Dumpling Monster, Margarita Garden, Slab, Whiskey & Beer, etc. ADVISORS CCP Agents: Chris Fredrick and Sam Moore Q Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C rJII\)IPLETIEID KuIIL / E/\ PEf?IIsI\,1TIAL I II? d (_-,TJ rJ�ILr r 1�1) 1�1) PACIFIC CENTER - Tustin, CA CCP Engagement: To procure Retail Services and Hotels on a freeway -oriented site. Developer: R.D. Olson Development, Newport Beach, CA Contact: B I a ke Eva ns - 949-271-1119 Tenants: Starbucks, Fed Ex, Subway, Flame Broiler Hotels: Marriott Residence Inn & Fairfield Inn & Suites CCP Agent: Chris Fredrick WESTMINISTER MALL DEVELOPMENT - Westminster, CA CCP Engagement: To procure 600,000 sf of `Experiential Retail' and two Hotels Restaurants and Hotels for the master plan. redevelopment of the Washington Prime owned portion of the site. Developer: Washington Prime Group, Indianapolis, MN Contact: Lisa Callahan-317-518-7490 Tenants: This project was to procure 600,000 sf of Experiential Retail and two Hotels. Hotels: Marriott Select Serve and Hilton Extended Stay Hotel CCP Agents: Chris Fredrick, Sam Moore and Randall Dawson RUNWAY PLAYA VISTA MALL - Playa Vista, CA CCP Transactions: To provide Restaurant leasing services. Developer: Paragon Commercial Group, El Segundo, CA Contact: Mark Harrigian, Paragon Commercial Group, 310-803-3371 Mharrigian@paragoncommercialgroup.com Tenants: 800 Degrees Woodfired Kitchen, Solitos Tacos & Margaritas CCP Agent: Chris Fredrick IRVINE SPECTRUM - Irvine Company, Irvine, CA CCP Transactions: To provide Restaurant leasing services and Hotel Procurement. Developer: Irvine Company, Newport Beach, CA Contact: James Jessen, 949.720.3202, jjessenCcbirvinecompan Tenants: Active Ride Shop, 85 Degrees Bakery, J&G Chicken, The Alley, Afters Ice Cream Hotel Developer: R.D. Olson Development Hotels: Marriott Courtyard and Marriott Full Service CCP Agents: Chris Fredrick THE COLLECTION - Oxnard, CA CCP Engagement: Shea Properties engaged to procure 2 Hotels for `THE COLLECTION' in Oxnard and 1 Hotel for a development in Cypress. Developer: Shea Properties, Aliso Viejo, CA Contacts: Brad Deck - 949-433-3332 Hotels: Oxnard -2 Hilton Concepts (to be developed) CCP Agent: Chris Fredrick THE SQUARE - Cypress, CA CCP Engagement: Shea Properties engaged to procure a HILTON Homewood Suites. Developer: Shea Properties, Aliso Viejo, CA, Brad Deck - 949-433-3332 CCP Agent: Chris Fredrick B. CITY OF TUSTIN, CA - PACIFIC CENTER CCP Engagement: To procure a qualified Hotel Developer for the City owned land to develop the 8.8-acre freeway mixed -use development. Negotiated DDA Agreement and completed the sale and development. Buyer/Developer: R.D. Olson Development, Newport Beach, CA Contact: B I a ke Eva ns - 949-271-1119 Tenants: Starbucks, Fed Ex, Subway, Flame Broiler Hotels: Marriott Residence Inn and Fairfield Inn & Suites City Contacts: Jerry Craig - Economic Development Director, 714-573-3121 John Buchanan - Former Economic Development Director CITY OF WESTMINISTER, CA - WESTMINISTER MALL REDEVELOPMENT CCP Engagement: To work with Developer and City Council to get the Master Plan approved for Washington Prime Group. Assisted in planning and site planning for a City presentation. Approved plans include 3,000 Residential units, 600,000 sf of Retail and 2 Hotels. Results: Received approval in place for mixed -use Master Plan Development. Washington Prime now selling the Master Plan to a local developer. City Contacts: Lisa Callahan - 317-518-7490, Nguyet Pham, Quynh Nguyen - 714-548-3178 CITY OF MONROVIA, MONROVIA, CA CCP Engagement: To assist the City Manager in procuring a Hotel Developer to purchase City owned land and develop a Marriott Townplace Suites Hotel. City Contact: Oliver Chi, 310-663-9837, current City Manager of Irvine. imilIIDr' RIU SEE 7r4EDU1E Land Sale - 6% of the Sales Price Ground Lease - 5% of the Lease Value Building leases - 6% of the First 5 year Lease Term plus 3% of the Second 5 years CCP Assigned Brokers: Chris Fredrick and Sam Moore PR JIFESSIIJI\IAL ILIrEIhISIES Chris Fredrick: Licensed Broker in CA, NV and Utah John Few: Licensed Real Estate Agent in CA TEAM r711EI1?Ar�rr7 , Chris Fredrick - Founder, President and Hospitality Specialist, CCP Real Estate Advisors John Few - F&B and Entertainment Specialist, SVP & Managing Principal, SRS Real Estate Partners C. GOING BEYOND BROKERAGE COMMUNITY r'j ELACES PI REAL ESTATE ADVISORS failE FIN A A IN NOW JK kill yidkill, %1404 PROJECTS: PACIFIC CITY PASEA HOTEL Huntington Beach, CA JL CCP MIXED USE ASSIGNMENTS � �.•.4, �• y �r� �� % - '—`� •'•� �as — '.:_ �— — —'sue EST. 1971 F3 57,00(OSF SHOPS &BOUTIQUES iQ 22q(0(0(0 SF RESTAURANTS &EATERIES 2 4a,0()() SF CREATIVE OFFICE SF LEISURE WATERCRAFT MARINA LIDO MARINA VILLAGE + �•Y� � �.-� -spa � gr f +rr. �� .-07 dt �- R� of .� .' al ti� i 5j r r r T - � r' , A r 'y rjr 4 ;w '�' - •�;. ,�� RETAIL �AgKE TP L A c46, - I-OT 579 A PUBLIC MARKET Et CA CULINARY EXPERIENCE RESIDENTIAL 00 U N 'To e°'jri Q uE Ho��'� 0 0 0 ROOMS PACIFIC CIT y HUNTINGTON BEACH, CA i 77 111 TO ��►� a� AV FkL ATE ' ADWO� L � i Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C 1. CCP has provided leading edge site selection and disposition services for R.D. Olson Development for 15 years. They are well versed in challenging commercial development deals and have the persistence and expertise get the deals to the finish line. CCP has helped to shape R.D. Olson into the industry leader it has become. �`D./��0� - Dustin Schmidt - Director of Real Estate CONSTRUCTION (,CV i� I 71 41 47 "fib ,,,jjj••. ' ' i REAL ESTATE ADVISORS Wf IlLuff e_/pif .own Mr i� - If . � : J` ; � , Y i rA' •. i:. :_ :Y. i ;�� i _ r�i w� I . +. I �� ' u h. J me s ti wow* �- I wl- �.a '11REALESTATE —� ADVISORS COMPLETED LAND TRANSACATIONS BY THE NUMBERS TRACK RECORD R 45+ TRANSACTIONS COMMERCIAL & MIXED USE LAND SALES R 257.20 AC 9.2 MILLION SF R $300 MILLION AGGREGATE VALUE TRACK RECORD - ANAHEIM (1) - ANAHEIM (2) - ANAHEIM HILLS - BREA - BUENA PARK - BULLHEAD CITY, AZ - BURBANK (1) - BURBANK (2) - CARLSBAD (1) - CARLSBAD (2) - CARLSBAD (3) -CORONA - CYPRESS (1) - CYPRESS (2) - FOOTHILL RANCH - HUNTINGTON BEACH - IRVINE SPECTRUM (1) - IRVINE SPECTRUM (2) - LAKE FOREST - MANHATTAN/LAWNDALE (1) - MANHATTAN/LAWNDALE (2) - MENIFEE - MONROVIA - MURIETTA - N LAS VEGAS, NV - NEWPORT BEACH - OCEANSIDE - ONTARIO - OXNARD - PALM DESERT - PORTER RANCH -RANCHO CUCAMONGA - REDLANDS - ROSEVILLE (1) - ROSEVILLE (2) - ROSEVILLE (3) - SAN BERNARDINO - SAN CARLOS - SEAL BEACH (1) - THOUSAND OAKS (1) - THOUSAND OAKS (2) - TUSTIN (1) - TUSTIN (2) - VALENCIA (1) - VALENCIA (2) 7 3.7 3 3.5 16 16 3 9.2 2.5 2.4 3 3.3 2.4 4 4.5 3.5 4.5 1.5 3 2 6 2.5 5 8.2 3.5 4.8 5.4 6 3 2 2 15 46.5 12.4 2 3 7 3 3.4 4 4 3 2.5 TRACK RECORD AC HOTEL/RETAIL AC HOTEL AC HOTEL/RETAIL AC BREA AC RESIDENTIAL, RETAIL HOTEL, OFFICE AC HOTEL/RETAIL AC HOTEL AC RETAIL AC HOTEL/RETAIL AC HOTEL AC HOTEL AC RETAIL AC HOTEL AC HOTEL/RETAIL AC RESIDENTIAL AC HOTEL/RETAIL AC HOTEL AC HOTEL/RESTAURANT AC HOTEL/RETAIL AC HOTEL AC HOTEL/RESIDENTAIL AC HOTEL/RETAIL AC HOTEL AC HOTEL/RETAIL AC RESIDENTIAL AC HOTEL/RETAIL AC RESIDENTIAL AC HOTEL/RETAIL AC 2 HOTELS AC HOTEL AC HOTEL AC HOTEL AC HOTEL/RETAIL AC HOTEL/ RETAIL AC RETAIL/RESIDENTIAL/OFFICE AC PUBLIC EASEMENT AC HOTEL/RETAIL AC HOTEL AC HOTEL/RETAIL AC HOTEL AC RETAIL AC HOTEL/RETAIL AC HOTEL RETAIL AC HOTEL AC HOTEL REAL ESTATE ADVISORS Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C BROKER Chris Fredrick Founder, President, CCP Real Estate Advisors Hospitality Specialist 220 Newport Center Drive, Suite 18 Newport Beach, California 92660 �\J chrisC ccprea.com 1 949-423-2088 1 www.ccprea.com PROFESSIONAL BACKGROUND Chris Fredrick has brought fresh ideas, passion, and motivation to commercial real estate since 1989. His primary focus has been in restaurants, retail and hospitality, specifically in tenant and landlord representation. He has generated thousands of transactions, with national chains, local retail tenants, hotels, shopping centers and land transactions totaling over $5 billion. Chris has been the leading force in bringing top brands to Southern California, most recently Hilton Homewood to Cypress, CA and Hampton Inn to Porter Ranch in Northridge, CA which opened 2023. Notable 'Experiential Retail & Hospitality' projects include: — HB Pacific City — 200,000 SF mixed use lifestyle center with PASEA Resort Hotel & Spa — Irvine Spectrum — Full service Marriott and Courtyard Marriott — Westfield Topanga — 300,000 SF mixed use redevelopment with restaurants & hotel — Long Beach — Redevelopment of restaurant row on Pine Ave. — Costa Mesa — The LAB Anti -Mall, the first experimental property in Orange County — Redevelopment of The Irvine Square —Tustin — Pacific Center, a mixed -use retail and hospitality project — Pacific Center — Mixed use Hotel/Retail with Marriot Residence Inn and Marriott Fairfield Inn — Oxnard — THE COLLECTION, added two Hilton Hotels to the property HONORS: BROKER OF THE YEAR The Irvine Company — For 5 consecutive years Tharaldson Hospitality Marriott Hotels/RD Olson Development — Multiple years Opus Development "CCP Real Estate Advisors is a full -service Commercial Real Estate Brokerage and Consulting firm in Orange County, CA with over 35years of experience. Our decades of service and market knowledge is well trusted. We negotiate with Cities, landowners, property owners, developers, and real estate brokers to help introduce the newest and most exciting brands, to fit your wildest real estate needs." a 0 REAL ESTATE ADVISORS BROKER LOWS F\� i F.rrr,i.,F; RAOLSON CONSTRUCTION KAMLA HOTELS CCP TESTIMONIALS "CCP has been an invaluable partner to the city of Tustin helping to create and complete the vision of our newest Gateway Development, Pacific Center. Their experience in navigating the public/private partnership arrangement was a tremendous added value to the city in the process. CCP continues to consult and advise with the city on Phase 2 of the Gateway development." —John Buchanan - City of Tustin "CCP brings a fresh look and expanded level of creative thinking to this very large and complex development project. The El Toro project will be the most significant new development in all of Orange County. CCP has demonstrated their ability to work on a macro— scale such as master planning and visioning for the overall project, and the micro -scale specific to identifying the right users/buyers/tenants for very specific co- tenancies necessary to provide an exciting, energized yet thoughtful destination." —James Campbell - Orange County Land Manager "CCP has been a very valuable addition to the Development team, which includes Lowe Enterprise, and The County of Orange. CCP has been providing pre -development services to prepare the site for future development, hands on direction, concept and design vision, plus the identification of the appropriate uses (Retail, Hotel, Entertainment) and dynamic co -tenancies. CCP provides a much larger presence than a typical Brokerage House just looking for a commission." — Mike McNerney - Senior VP LOWE Enterprises "CCP has provided leading edge site selection and disposition services for R.D. Olson Development for 22 years. They are well versed in challenging commercial development deals and have the persistence and expertise get the deals to the finish line. CCP has helped to shape R.D. Olson into the industry leader it has become." — Dustin Schmidt - Director of Real Estate, R.D. Olson Construction "Throughout our multiple transactions, Chris Fredrick has consistently demonstrated an extraordinary depth of knowledge and expertise in land real estate. His profound understanding of market dynamics and land valuation has been instrumental in guiding my investment decisions. Chris's professionalism and meticulous attention to the nuances of land transactions have ensured that every detail is thoroughly addressed. Always accessible and responsive, I wholeheartedly recommend Chris Fredrick to anyone seeking a distinguished expert in land transactions." — Dev Patel I Chairman/CEO 1 562.712.3211 1 dpatel@kamlahotels.com CCP TESTIMONIALS Docusign Envelope ID: 986AA054-0725-4395-8229-B3E25F62944C JOHN'S SAMPLE PROJECTS JOHN'S SAMPLE PROJECTS CO -BROKER John Few SVP & Managing Principal SRS Real Estate Partners F&B and Entertainment Specialist 610 Newport Center Drive, Suite 1500 Newport Beach, California 92660 W�E john.few@asrsre.com 1 949-701-2457 PROFESSIONAL BACKGROUND John is currently SVP & Managing Principal at SRS Real Estate Partners in Newport Beach, where he leads the national restaurant and entertainment advisory practice. SRS is the nation's largest commercial real estate firm exclusively dedicated to retail services and has 20+ offices in North America and select global markets. John has also served on the advisory board of the Handcrafted Restaurant Group which is based in Hawaii and operates the Monkeypod Kitchen by Merriman, Moku Kitchen and Beach House concepts, which he represents nationally. John has led large scale transactions in most major US markets for many of the best restaurant concepts in the industry through in-house and advisory roles, and through master brokerage and consulting relationships. John has participated in many high -profile hotel hospitality RFP's in addition to current RFP's with the Port of San Francisco and the Port of San Diego. Notable clients from both the past and present include: — Disney Regional Entertainment Handcrafted Restaurant Group — The Hillstone Restaurant Group Yard House Restaurants — Electric Shuffle —The Michael Mina Group — Universal Studios Hollywood — CityWalk Hard Rock Cafe International — Earls Kitchen & Bar — Popstroke by Tiger Woods — Lazy Dog Restaurants —The Alicart Restaurant Group Original Joe's & Little Original Joe's Red O Restaurant Group — Paul Martin's American Grill — ESPN Zone — DisneyQuest — Honor Bar — Simms Restaurant Group — Fox Sports Grill Carmine's New York Venice Restaurant Group Prior to joining SRS, John was co-founder and managing principal of the Sequoia Restaurant & Entertainment Group for 16 years. Sequoia provided development consulting expertise and brokerage services to premier restaurant and entertainment groups in addition to high-level strategic development consulting throughout North America. Prior to founding the Sequoia Group, John was Director of Real Estate and Business Development for Disney Regional Entertainment, a division of the Walt Disney Company focused on creating and developing various location -based entertainment concepts including ESPN Zone, DisneyQuest, and Club Disney. John also led Disney's corporate alliance efforts with in -venue branding partners such as PepsiCo, American Express and Sony. John's career started at PepsiCo where he held various national corporate real estate positions in major markets across the country for Taco Bell and Chevys Fresh-Mex Restaurants. John is a graduate of Boston University, and also studied at St. Catherine's College, Oxford University. He received his MBA from the Marshall School at the University of Southern California and has been an active member of the International Council of Shopping Centers for over 20 years. CO -BROKER