SAN DIEGO-Capstone Advisors has created and filled a new position at the firm: director of acquisitions.

Gary Smith, formerly VP of the Asset Management Group with GMS Realty LLC, will oversee for Capstone the sourcing and acquisition of commercial real estate investments and portfolios as well as the creation of development joint ventures.

Smith was part of the executive team at GMS that oversaw the acquisition, management, leasing, financing and redevelopment of 42 retail centers in the Western United States on behalf of GMS and third party accounts.

Smith is a member of the International Council of Shopping Centers and the Institute of Real Estate Management. Capstone acts as joint venture partner, advisor and asset manager for institutional clients and as a principal for its own account. Over the past five years, Capstone has acquired and/or managed for clients nearly six million sf of commercial real estate.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.