News: Brokerage

SGA completes internal ownership transition and expansion of leadership team

(L to R) Adam Spagnolo, Gable Clarke & John Sullivan

New York, NY SGA - an award-winning architecture, design and planning firm specializing in life sciences, corporate and academic design - completed an internal transition of ownership and expansion of its leadership team. The firm will now be led by equal majority owners: president of architecture John Sullivan, AIA; president of interior design Gable Clarke, NCIDQ, LEED® AP, Certified Generations Trainer; and CEO Adam Spagnolo. Former SGA president and founding partner Al Spagnolo, AIA, NCARB will move to the role of chairman and founding partners Bill Gisness, AIA, BSA, and Jeff Tompkins, IIDA, LEED® AP, will transition from the firm. Michael Schroeder, CCM, will remain a minority partner.

SGA has experienced tremendous growth in recent years, more than doubling the staff in its Boston and New York offices to over 130 professionals. The firm has 15 million s/f of active projects as clients have relied on SGA’s ability to deliver flexible, tech-forward design and sustainable, facilities that foster collaboration and innovation.

“Under the new leadership, SGA will continue the transformational work that has established us as one of the most trusted architecture and design firms,” said chairman Al Spagnolo. “Our recent growth is a credit to the work of Gable, John, Adam, and the rest of our talented team. They are taking SGA to heights that Jeff, Bill, and I could not have dreamed of when we started the firm in 1991.”

CEO Adam Spagnolo will lead and oversee the business of the practice including overall fiscal responsibilities and firm-wide operations. Spagnolo will lean on his many years of organizational leadership in multiple industries including retail, architecture and design. For the past seven years he has modernized SGA’s business practices, opened the firm’s New York City office and managed its exponential growth.

Sullivan will serve as SGA’s president of architecture. For 17 years he has led the firm’s many large-scale projects in the commercial, technology, life-sciences, and academic markets and often plays a major role in master planning, conceptual design, and the public approvals process. Sullivan will lead the firm’s robust architecture practice focusing on design leadership and client management.

Clarke has earned many prestigious honors and awards during her 20-plus year career, including 18 at SGA. She has been the driving force behind the expansion of the firm’s interior design practice and is an ambassador throughout the market. In addition to leading numerous interior design commissions and overseeing the Science and Technology discipline, Clarke will manage the firm’s human resources department.

“John, Gable and I are honored to lead SGA and this exceptional company into a new era,” said Spagnolo. “In the role of CEO, I am here to serve the leadership team and our practice to ensure they have all of the tools needed to continue delivering industry-leading, tech-forward projects. SGA’s position as an innovator and trusted advisor to clients is a testament to the leadership and expertise of our founding partners Al Spagnolo, Jeff Tompkins, and Bill Gisness  – we will continue to build upon the trusted and highly-regarded reputation they worked tirelessly to create.”

In addition to Sullivan, Clarke, and Spagnolo becoming equal majority owners, SGA has named five new principals and seven directors. Matthew Fickett, AIA, CPCH, LEED®, Joe Mamayek, AIA, LEED® AP, Brooks Slocum, AIA, Brian Slozak, RA, and Eric Svahn, AIA, NCARB and have all been elevated to principal. Scott Barnholt, AIA, Caroline Bergin, IIDA, NCIDQ, WELL® AP, David Enriquez, LEED® AP BD+C, Bill Fleming, Marc Gabriel, LEED® AP BD+C, NCARB, Jessica Randolph, AIA, NCARB, Walker Shanklin, AIA, and Amanda Vicari, NCIDQ have all been promoted to director.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking