National Realty & Development promotes Mannion to executive vice president of property operations

Noel Mannion, National Realty & Development Corp.

Purchase, NY According to National Realty & Development Corp., (NRDC) Noel Mannion has been promoted to executive vice president of property operations. He was previously the company’s managing director of property operations.

In his new position, Mannion is responsible for overseeing operations for the company’s portfolio of over 78 projects throughout 14 states. This includes all aspects of budgeting, maintenance, major repair and improvement projects, billing, lease administration and risk management.

Mannion began his career at NRDC in 1994. Prior to joining NRDC, he spent four years at Milstein Properties. Mannion has more than 29 years of experience in the real estate industry.

Mannion received a Bachelor’s degree from New York University’s Stern School of Business. He went on to earn a Master’s Degree in Real Estate from NYU Schack Institute.

“Noel has been one of our most valued and dedicated employees throughout his 22-year career at NRDC,” said John Orrico, president, NRDC. “His leadership, work ethic and extensive knowledge of our portfolio and business practices make him a valuable, resource for the company. We congratulate him on this well-earned promotion.”

Founded more than 50 years ago, NRDC has built a reputation as one of the leading full-service, privately-held real estate ownership and development firms in the United States.

Headquartered in Purchase, New York, the NRDC portfolio is comprised 78 projects in 14 states, including large retail power centers, grocery-anchored community shopping centers, and corporate/ industrial business parks.

A complete listing of NRDC’s portfolio and further details on their latest projects can be found at www.nrdc.com.