Bridge33 Capital’s Post

Bridge33 Capital is pleased to announce the addition of Ryan Pokorney as Senior Director of Investments. Ryan will be responsible for identifying, underwriting and closing investment opportunities, as well as optimizing the internal underwriting and due diligence processes. “Bridge33 Capital is excited to have Ryan join the team. Ryan has over 20 years of experience in commercial real estate spanning all facets of the underwriting, ownership and investment process. We’re very lucky to have Ryan’s unique skill set as we deploy our most recent fund”, said Joel Staffilino, SVP-Head of Investments. Prior to joining Bridge33, Ryan served as Director of Investments at Kimco (formerly Weingarten) transacting on over $1 billion in grocery anchored shopping centers, power centers, strip centers and land. He has also consulted at Deloitte and Situs in various capacities including acquisition and loan due diligence, valuations and financial reporting.

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Bridge33 Capital is pleased to announce the addition of Joel Staffilino as the firm's new SVP-Head of Investments. Staffilino will be responsible for executing the Company’s investment strategy, under the direction of the CEO, by identifying and sourcing strategic retail real estate investment opportunities. “Joel joined us in January with extensive experience in the necessity-based shopping center industry,” said Jahan Moslehi, CEO & Co-Founder of Bridge33. “With our recent fund close, we’re excited to have Joel lead the team in acquiring well-located retail assets.” Bridge33 Capital closed its third fund, Bridge33 Real Estate Partners III LP, in November 2023 with $458 million in commitments. Since inception Bridge33 has acquired ~ $1.1 billion of commercial real estate in 24 states. Staffilino has 20 years of experience in the commercial real estate industry. Prior to joining Bridge33, he served as vice president of acquisitions and dispositions at Brixmor and led acquisitions and transaction teams at Glimcher Group and Phillips Edison & Company. Over his career, he has driven the acquisition and disposition of over 22 million square feet of retail centers, representing over $3 billion in value.

Bridge33 Capital Acquires West Ridge Plaza - a quality, Target shadow-anchored center in Topeka, Kansas. TOPEKA, KANSAS – April 3rd, 2024 – Bridge33 Capital has closed on the acquisition of West Ridge Plaza, a 90,253 SF necessity-based retail center in Topeka, Kansas. The center is located in Topeka’s dominant regional retail corridor and was 98% occupied at acquisition. West Ridge features an impressive lineup of national anchor tenants including T.J.Maxx, Dollar Tree, Famous Footwear, Bath & Body Works, and Crumbl Cookies. The center is shadow anchored by the surrounding area’s only Target, Ashley Furniture, and Planet Fitness. Strategically positioned at the SE corner of 21st Street and Wanamaker Road, West Ridge Plaza serves as a premier retail destination for Topeka residents and college students, as well as patrons from smaller communities in a 30-mile surrounding radius. Derrick Almassy Senior Director of Investments at Bridge33 Capital, said: “West Ridge Plaza is quality real estate, and our tenants perform very well. It really shows the strength we’re seeing in open-air necessity-based retail centers. Topeka is the state capital and home to Washburn University. These centers serve the community, and we’re excited to be a part of that community.” https://lnkd.in/gBtKhHDe