Kurt adavano promoted to COO at Advance Realty Group

Real Estate Weekly,  Dec 5, 2007  

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Advance Realty Group announced the promotion of Kurt R. Padavano to chief operating officer of the company.

A 13-year veteran of Advance Realty Group, Padavano will oversee all company operations in his new role.

Prior to this promotion, Padavano was COO of the company's Advance Realty Management division where he oversaw management of an asset portfolio in excess of five million square feet in the mid-Atlantic through Northeast United States markets.

In addition to leading management operations, Padavano directed the business operations for a over 100 employees in the areas of human resources, information technology, insurance and risk management, corporate marketing, and acquisitions due diligence processes among others.

"Kurt is one of the most experienced and respected executives in the real estate industry," said Peter Cocoziello, president and CEO of Advance Realty Group.

"His extensive and diversified background in the real estate industry, and with our company, makes him the perfect executive to lead our operations at this exciting time in our history.

"Advance Realty Group is well positioned for future growth with an outstanding development pipeline and above market occupancies throughout our existing portfolio.

"Kurt is a valuable member of our leadership team and his strategic vision and operational strengths will ensure that Advance Realty Group remains a leading edge real estate company."

With over 20 years experience in the real estate industry, Padavano has extensive experience in managing owned and third party real estate assets, including leasing, human resources, accounting and financial reporting, risk management, operations and maintenance, contract and lease administration, operating and capital budgeting, acquisitions, due diligence and tenant relations.

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