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“Maggie's management experience encompasses multiple tiers of tenant representation, business development and client management, ideally qualifying her for her new position,” says Greg Tait, senior leasing director, Irvine Company Office Properties.
"Sanjay is a visionary leader with a 25-year track record of driving complex businesses and transformational change," says John Forrest, Global CEO for JLL's Corporate Solutions.
“This sale of a Hobby Lobby with less than 10 years remaining to an institutional buyer signifies that although retail is shifting, big box is not dead,” says Marcus & Millichap's Sabrina Kortlandt.
The entity— GLP Continental Europe Development Partners I— is expected to reach a value of $2.3 billion of assets under management when fully invested.