New York Real Estate Journal

Bailey joins TerraCRG as VP of retail services

July 13, 2010 - Shopping Centers
According to commercial brokerage firm, TerraCRG, Geoffrey Bailey has joined the company as the vice president of retail services. Bailey brings over 15 years experience as a sales and marketing executive to TerraCRG. As the VP of retail services, Bailey is responsible for building a retail practice focused on the local market. "Brooklyn is one of the most under-retailed urban areas in the entire country" said Bailey "By focusing on Brooklyn, the newly created retail services division will be an advocate for property owners and an advisor to national retailers seeking to penetrate this unparalleled market." Before joining TerraCRG, Geoff spent five years as director of sales and first vice president of sales in Brooklyn and New Jersey for Massey Knakal Realty. While at Massey Knakal, Bailey was involved in the leasing of over 250,000 s/f of commercial space in Canarsie and completed numerous transactions throughout Southeast Brooklyn. In November 2008, Bailey was selected to lead the firm's expansion into Newark and Essex County N.J., where he completed the first two transactions for the newly created New Jersey division. Before that, Bailey was COO of The Sitaro Group, a consultancy focused on the corporate marketing function where he worked with clients including IBM, Cisco Systems and Philips Electronics. At Sitaro Group he managed client relationships and project engagements at the highest levels of fortune 50 companies. "We are very happy to bring Geoff back to Brooklyn" said Ofer Cohen, founder and president of TerraCRG, "the opportunity is vast as there is no other professional commercial brokerage firm focused solely on the Brooklyn market and the incredible retail opportunities the borough presents." Brooklyn based commercial brokerage and advisory firm founded in early 2008 by real estate and marketing veterans. The company focuses on the Brooklyn market and is currently handling the sale of over $70 Million in assets and the leasing of over 500,000 SF of commercial property. The firm focuses on Investment Sales, Leasing and Distressed Sales. For more information: www.terracrg.com