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PRESS RELEASE: Grosvenor Americas Hires Two in Washington, DC Office

WASHINGTON, D.C. - Grosvenor Americas has expanded its Washington, DC staff by hiring Mark Hendrickson as Senior Development Manager and Alisa Brem as Assistant Development Manager.

With over 17 years of experience in real estate development, Mr. Hendrickson joins Grosvenor Americas from Federal Realty Investment Trust, where he served as Development Manager since 2007. Prior employers include Centex Construction, PN Hoffman Construction Development, and Clark Construction Group. He holds B.S. and M.S. degrees in architecture from Virginia Polytechnic Institute and State University, and is studying toward his masters of professional studies in real estate finance.

Alisa Brem, Grosvenor Americas’ new Assistant Development Manager, has just returned from Italy, where she studied the economic and legal issues impacting real estate development in Milan’s Historical Center under a Fulbright Fellowship. Before that, she worked as a development associate for Insight Property Group while earning her J.D. degree from the George Washington University Law School. She also holds an M.S. degree from the London School of Economics and Political Science as well as a B.A. degree from Columbia University.

“We are delighted to welcome Alisa and Mark to our team in Washington, DC, where they will help us move forward with the development of Square 701 in the Capitol Riverfront neighborhood and our Fenton Street project in Silver Spring, while growing our development platform in the Nation’s capital,” said Don Capobres, Senior Vice President, Development, Grosvenor Americas.

With US offices in Washington, DC and San Francisco, GA has a portfolio of approximately 1.4 million SF of office, retail, and hotel space in the Washington, DC metropolitan area. The company is planning development of a 650,000-plus square foot mixed-use development directly north of the new Washington Nationals ballpark in Washington, with Skanska USA Commercial Development Inc. slated to develop the project’s office component.

Grosvenor Americas also is planning construction of a 256-unit apartment building near Metro in Silver Spring, MD. Grosvenor is a privately-owned property group, active in some of the world’s most dynamic cities with 19 offices in 12 countries and assets in a total of 17 countries.

The Group operates and invests in three different business areas; direct proprietary investment in real estate through our Operating Companies in Britain & Ireland, the Americas and Asia Pacific; indirect proprietary investment in real estate managed by others, which is the responsibility of the holding company; and our international fund management Operating Company - Grosvenor Fund Management - which manages capital on behalf of investors. As of December 31, 2012, the Group had total assets under management of US$19.9bn. Unusual for a private company, Grosvenor publishes a full Annual Report & Accounts, available at: www.grosvenor.com

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