Press Release brought to you by Tucker Development

Tucker Development Announces Two Strategic New Hires Reflecting Company’s Pursuit of Large-Scale Mixed-Use Projects

06/16/2014

Reflecting the company’s current focus on the development of large-scale mixed-use projects in infill locations, Tucker Development, a leading fund manager and developer of shopping centers and mixed-use properties, today announced two strategic hires:

  • Patrick Lindemann, who has 18 years of experience as a senior executive directing financial operations for multi-million-dollar companies, has been named chief financial officer.
  • Kevin Cleary, a 30-year veteran of the construction industry with experience in the planning, design, development, construction, renovation and repair of retail and mixed-use properties, has been named construction manager.

Lindemann possesses expertise in all aspects of corporate finance, strategic planning, private equity, corporate treasury and real estate investments. He previously served as CFO for various companies such as Vestian Group-SF Holdings, Harbortown Industries and Ampco Metal Inc. He received a Masters of Business Administration with International Specialization from the Lake Forest Graduate School of Management in 2006.

Cleary, who has extensive experience in pre-construction, construction and post-construction, was previously owner and operations manager of Cleary Builders, a commercial general contracting company in Barrington, Ill. He has also served as senior manager of construction for owner/developer Regency Centers and senior vice president of ORIX Real Estate Equities. Cleary is a veteran of the United States Navy.

“We’re thrilled to gain two professionals with years of experience and vast knowledge in their respective fields,” stated Richard Tucker, president and CEO of Tucker Development. “Both are valuable additions to the team as we work to complete our in-progress mixed-use construction in New Jersey and identify additional sites in both New Jersey and Chicago. Patrick has shown an ability to make high-stake decisions and formulate successful strategies on behalf of multiple companies, while Kevin has experience in every aspect of retail and mixed-use construction.”

In Fort Lee, N.J., Tucker is developing Hudson Lights, a one-million-square-foot, mixed-use redevelopment located at the entrance to the George Washington Bridge. Construction is underway on Phase I, which will feature approximately 143,000 square feet of retail space and 276 luxury apartments. Hudson Lights’ lead tenant, iPic, is buildingan eight-screen, 533-seat luxury movie theater and its award-winning dining concept, Tanzy.

In Newark, N.J., Tucker is developing Springfield Avenue Marketplace, one of New Jersey’s most highly anticipated urban, mixed-use developments. When complete, Springfield Avenue Marketplace will feature125,000 square feet of retail space anchored by ShopRite, as well as 152 residential apartments, and is poised to play a key role in Newark’s continued resurgence as well as serve as a significant job creator.

About Tucker Development Corporation

Tucker Development Corporation, founded by Richard H. Tucker in 1996, is a leading developer and manager of shopping centers and mixed-use properties in key Midwest and East Coast barrier-to-entry markets. The company pursues mixed-use and retail-related real estate investments that provide an opportunity to enhance value through development, redevelopment, repositioning and recapitalization. Tucker Development Corporation’s development, management and leasing portfolio exceeds five million square feet and continues to grow through the company’s development and acquisition activity.

For more information on Tucker Development Corporation, visit www.tuckerdevelopment.com.

06/16/2014 - 14:17

Source

Tucker Development

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