Stan Johnson NYC Office Open for Business

NEW YORK CITY-Stan Johnson Co. is continuing to expand beyond its Oklahoma roots, with the opening of its latest office in New York City. The New York office, currently open for business, has been staffed up with two executives who will focus on single tenant net lease opportunities in the Northeast.

“I think New York is a very attractive market to us,” Harold Briggs, Stan Johnson’s executive managing director, tells GlobeSt.com. “It’s been on the strategic radar for us for quite some time. We’ve been on a pretty aggressive expansion plan nationally, having previously opened up offices in Houston, Chicago and Los Angeles and New York is just the next logical evolution for us.”

Briggs says the firm has a “decent base of clients based in the Northeast and more specifically in the city.” He anticipates this latest office being well-positioned to better serve those clients, while growing the business in this region.

Jason Maier and Tom Georges have joined Stan Johnson as associate directors in the New York office, which is located at 41 Madison Ave.

Maier worked at Massey Knakal for five years, he says. He then started his own net lease company--Zenith Realty Advisors. He says he then got in touch with Stan Johnson, “who was looking at the New York market and realizing that there was a real opening here for a focused company that was just specializing in the net lease market.”

The New York office, he believes, is well suited to compete in this area. “I didn’t think there was any other company that stood a chance of competing in this market other than Stan Johnson,” he says.

As for Georges, he joins from the CoStar Group, where he was a senior account executive for the New York and New Jersey market.

“My background originally is really as an investor representing a small investment partnership, where we purchased properties in Manhattan as well as Northern New Jersey, both on the residential and on the commercial side,” Georges says. He was drawn to the company due to its aggressive US expansion plans and niche it occupies in the marketplace.

Briggs says that there is momentum moving forward, because the company already has significant business here. “It’s probably our strongest market in terms of our buyer base,” he says. “We’ve got a lot of institutional clients that we’ve done business with for a lot of years on the buy side. We’ve also had a decent amount of success on property that’s based in the Northeast. This year alone we’ve closed upward of $350 million in assets that were based in the Northeast. We want to build off of that success.”