News: Brokerage

LRC Properties adds Harrell as director, acquisitions

David Harrell has joined LRC Properties, LLC as director with the acquisitions team. Harrell will be responsible for sourcing deals by identifying, evaluating and conducting financial/market analysis on potential investment opportunities and acquisitions in the office, industrial, and hotel sectors. He joins LRC after working in a consulting role with the company since 2012, and is based in the firm's New York office. "We're excited to have David join LRC in a full-time role," said Howard Lavitt, co-founder and principal of LRC. "David brings a wealth of experience, knowledge and contacts that will help LRC in our continued work to identify and purchase properties that we can reposition, restructure and redevelop, returning value to the properties as well as our investors. He is a great asset to our team." Prior to joining LRC, Harrell was an associate director with Studley Inc.'s national accounts team in Washington, D.C. where he engaged in lease and contract negotiations, strategic planning, and portfolio management for client tenants with national and regional real estate portfolios. David also previously worked with Public Properties LLC, a boutique Washington, D.C.-based commercial real estate firm specializing in representing federal government agencies, and as a practicing attorney with Carlock, Copeland, Semler & Stair, representing developers, contractors, and design professionals in construction and development-related litigation. David received a B.A. in economics from Wofford College and a J.D. from the University of South Carolina School of Law.
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