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Retail Expert Josh Podell Joins DJM Realty


News provided by

DJM Realty

Nov 29, 2012, 11:43 ET

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MELVILLE, N.Y., Nov. 29, 2012 /PRNewswire/ -- DJM Realty, the real estate affiliate of Gordon Brothers Group, announced today that Josh Podell has joined the firm as a specialty retail & outlet consultant. Mr. Podell is a senior retail real estate professional with almost twenty years of experience representing some of the world largest retail and fashion conglomerates. His primary focus will be on retail advisory, restructuring and strategic growth.

As a retail expert in the mall and outlet arena, Mr. Podell has completed several thousand retail real estate transactions in every type of retail real estate. Prior to joining DJM Realty, Mr. Podell was the Vice President of Real Estate of Jones Retail Corporation (division of Jones Apparel Group). At Jones, he helped manage the company's 1000 store chain including brands such as Nine West, Anne Klein, Easy Spirit, Jones New York, Kasper and Bandolino.

Earlier in his career, Mr. Podell held positions as the Director of Real Estate at Speedo Authentic Fitness Stores, a Warnaco Company, where he helped aggressively grow the chain from 30 to over 120 stores. Mr. Podell then spent almost ten years at G+G Retail, operating as RAVE, G+G and Rave Girl stores, as the Vice President of Real Estate where he managed and built the portfolio to over 600 stores, including more than 60 stores in Puerto Rico. In 2010, Mr. Podell formed Podell Real Estate Advisors, a retail advisory firm whose clients include Jones Apparel Group, Carter's/Osh Kosh, Kenneth Cole, Juliska, Rawlings Sporting Goods, Traffic Shoes, Flip Flop Shops, Beya and other national and regional retailers.

"Through the years we have collaborated with Josh Podell on numerous retail projects and we are very excited to have Josh join the DJM Realty team. Josh's specialty retail expertise is invaluable to DJM Realty's roster of retail clients and will support the company's overall platform of facilitating clients' growth and repositioning by maximizing their real estate portfolios," said Neill Kelly, President, DJM Realty.

"I am excited to join the talented and dedicated team of professionals at Gordon Brothers Group and DJM Realty. The combination of Gordon Brothers Group and DJM Realty's broad platform of services and capital solutions is second to none," added Mr. Podell.

Mr. Podell is regularly featured in real estate and retail media publications and is a guest speaker for MBA programs, industry conferences, symposiums. Most recently, he was honored to be part of Real Estate New York Magazine's 40 under 40. Prior to joining the real estate industry, Mr. Podell was a legislative intern to The Honorable Senator Daniel Patrick Moynihan (101st Congress) and staff assistant to the United States Senate Committee on Small Business (102nd Congress). Outside of work and family, Mr. Podell was a nationally ranked tennis player, a Captain in the United States Air Force Auxiliary/U.S. Civil Air Patrol and member of the United States Coast Guard Auxiliary.

Mr. Podell will be based out of the New York City office and can be reached at (516) 458-5767 or by email at [email protected].

About DJM Realty

DJM Realty, the real estate affiliate of Gordon Brothers Group, (www.djmrealty.com) specializes in occupancy savings, real estate dispositions, growth strategies, strategic reviews, advisory, and equity investments. DJM Realty has serviced the nation's most recognizable brands in healthy and distressed situations. DJM Realty clients have included Toys R Us, Pep Boys, Yum Brands, Food Lion, CompUSA, BI-LO, Office Depot, CVS, Dollar Tree, Blockbuster and Winn-Dixie. DJM Realty is a leader in finding innovative ways to consolidate and reconfigure real estate to achieve the highest possible value. DJM Realty was founded in 1992 and is headquartered in New York, with offices in Los Angeles, Boston and Chicago.

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt and equity financing, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually.

Media Contact: Brooke Horn (631) 752-1100 ext.5242

SOURCE DJM Realty

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