Before coming together, Curator's principals have owned more than 2 million square feet of commercial real estate throughout the country.
"Bob and Arthur Guller have always found ways to make money in real estate where others have simply scratched their heads," Chicago-based Hoffman says of his new partners. "They bring a sense of timing and knowledge of the St. Louis Real Estate market that is second to none."
In the months ahead, Curator hopes to purchase two to three properties ranging between $5 million and $30 million. The company's executives did not indicate whether any deals are currently on the table.
Bob Guller, and his father Arthur, are known in the area for purchasing a 500,000 square-foot under-utilized portfolio downtown and renovating it for telecommunications use. Once the buildings, located at 900 Walnut St. and 210 Tucker Blvd. was complete, the portfolio was bought and sold twice for more that $110 million. Guller turned a profit both times.
Curator's local portfolio will be managed by affiliate Curator Commercial Management. Jon White has been promoted from SVP to COO of Curator Commercial Partners.
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