MOUNT LAUREL, NJ—NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, has named David Grove, a 28-year industry veteran, chief operating officer.
As COO, Grove will oversee the daily operations for NAI Mertz's offices serving southern New Jersey, Bucks County, Pennsylvania, and greater Philadelphia, as well as the NAI Mertz of PA office serving northeastern Pennsylvania. He will be responsible for developing and executing corporate strategy focused on strengthening existing client relationships, generating new business opportunities, and working with the brokerage team and support staff to bolster existing marketing initiatives and internal processes.
“Dave's diverse background in commercial real estate covers all product categories and his experience has given him perspective on both the brokerage end and in-house real estate operations – and his track record of success is undeniable,” says Barry Mertz, CEO of NAI Mertz. “I'm confident that Dave will strengthen our business development efforts and help us to build on our momentum of the past few years.”
With 28 years of commercial real estate leadership experience, Grove has a significant background in large and complex transactions and has closed over $1 billion in lease, structured finance and purchase/sale deals in an array of products including office, industrial, retail, ground, institutional and specialty/niche real estate. As a veteran of both JLL and Trammell Crow Company, Grove has held executive leadership positions with oversight for areas ranging from strategic advisory services, to occupancy planning, to project management and investments. He has managed Fortune 500 real estate portfolios, both in-house and as a service provider, for firms that include Unisys, Cigna, Glaxo Smith Kline, University of Pennsylvania, and ACE Insurance.
“NAI Mertz has been providing premier real estate services to southern New Jersey and greater Philadelphia for over 30 years. Along with the NAI Mertz of PA office in Northeastern Pennsylvania, the firm has the ideal territory to capitalize on emerging demand from big box warehouse users or energy services firms,” says Grove. “I'm excited to join a firm whose position as a market leader is well established and is poised for growth.”
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