Megumi Brod to Lead Development Business in the Northeast
– Development and investment executive named Senior Vice President, Regional Development Officer, Northeast Region
NEW YORK – February 13, 2017 – Rockefeller Group announced today that real estate development and investment professional Megumi Brod has joined the company as senior vice president, regional development officer, Northeast Region, responsible for leading the company’s existing developments and acquisitions for new projects. She is based in the company’s headquarters office in Rockefeller Center.
Ms. Brod has an extensive property development and investment background throughout the Northeast and Mid-Atlantic. Prior to Rockefeller Group, Ms. Brod was a principal at Bedrock Real Estate Partners, where she oversaw several projects in New York, Massachusetts and Washington, D.C.
At Rockefeller Group, she reports to Daniel Moore, executive vice president and head of Urban Development nationally. In her new role, Ms. Brod will grow the company’s development pipeline, with an emphasis on office, multifamily and mixed-use opportunities, as well as industrial projects in the Tri-State Region.
“Meg is an outstanding addition to our development team at an exciting time in the history of the company,” said Mr. Moore. “Rockefeller Group is known for pioneering large-scale urban development, creating projects of enduring quality which enhance the quality of life in our communities. With Meg leading our Northeast region, we are well positioned to build on this legacy, growing our development business in New York and beyond.”
“I am excited to join Rockefeller Group at a time when the company is seeking to grow its development business and extend its brand into new opportunities here in New York and throughout the Northeast,” said Ms. Brod. “The company’s development pipeline of active and planned projects is very significant and I’m looking forward to joining an exceptional team to grow and enhance the platform further – both by geography and by product-type.”
In 2016, Rockefeller Group completed a major capital improvement program at 1221 Avenue of the Americas, and began the $600 million redevelopment of 1271 Avenue of the Americas, both in Rockefeller Center. In addition, the company is a development partner on the $1 billion Flushing Commons mixed-use project in Queens, which is nearing completion of Phase 1. In New Jersey, the company has approximately 400,000 square feet of office and residential development underway, and an additional 1.2 million square feet of industrial development nearing completion.
Prior to her most recent previous position, Ms. Brod headed up the New York Development Group for Equity Residential, where she helped grow the company’s local development portfolio to more than $700 million including projects located along the Highline and in Downtown Brooklyn. She also held various development and portfolio management positions with Tishman Speyer in New York. She holds a bachelor’s degree from Duke University and an MBA from Harvard Business School.
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About Rockefeller Group
The Rockefeller Group is a leading real estate developer, owner and investor, known since the development of Rockefeller Center for pioneering large-scale urban mixed-use development. For nearly nine decades the company has been trusted for its financial strength, stability and vision, and today remains committed to the selective acquisition, management and development of innovative, high-quality office, industrial, residential and mixed-use properties in urban centers and strategic distribution markets. The company combines the global perspective and market access of a sophisticated development and investment management platform, through its partnership with Tokyo-based Mitsubishi Estate Co. Ltd., and its strategic investments in independent property fund platforms in the United States and Europe. Visit RockefellerGroup.com.
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