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BEDMINSTER, NJ-Kurt R. Padavano has been promoted to COO of Advance Realty Group, based here. Prior to being elevated, he had been COO of the office and mixed-use developer’s management division, where he oversaw an asset portfolio of more than five million sf. He also directed business operations in the areas of HR, information tech, insurance and risk management, corporate marketing and acquisitions due diligence processes.

Now, he will oversee all company operations. “Kurt is one of the most experienced and respected executives in the real estate industry,” says Advance president/CEO Peter Cocoziello. “His extensive background makes him the perfect executive to lead our operations.

“We are well-positioned for future growth,” Cocoziello says, “with our development pipeline and above-market occupancies throughout our existing portfolio.”

Besides his duties at Advance, Padavano has been involved with a number of industry associations. He most recently served as chairman and chief elected officer of the 19,000-member BOMA International and as a member of the National Advisory Council for BOMA Canada. His involvement in BOMA also includes chairmanship of the Regional Owners’ Council, and as a member of its Executive Committee.

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