News: Brokerage

Penman joins Ciminelli Real Estate Corp.

According to Ciminelli Real Estate Corp., one of Western New York's leading full-service real estate developers and managers, Dennis Penman joined the company as executive vice president and principal. In his role at Ciminelli, Penman will be responsible for seeking new real estate development opportunities in the Western New York market. Ciminelli has a portfolio of more than 9 million s/f of commercial space managed or developed. With offices in New York, Florida, Pennsylvania and Connecticut, its team of more than 120 dedicated professionals continues to build on its 30-year track record of success. Company president Paul Ciminelli said Penman is a perfect fit for his company because of the depth of experience he brings to the task. "Dennis has an impeccable reputation as one of the most highly respected members of our real-estate development community," said Ciminelli. "He knows what works here and how to get it done. He will be a tremendous addition to our team and a valuable asset to our company." Ciminelli explained that Penman's focus on Western N.Y. development opportunities will allow other key personnel to spend more time growing the company's client services in the Pennsylvania, Florida and Conn. markets.
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