News: Retail

Atlantic Capital Partners have added Suffoletto, Griffin, and Hovey to its team

Eric Suffoletto

 

Danny Griffin

 

Tom Hovey

 

Boston, MA Atlantic Capital Partners have added Eric Suffoletto, Danny Griffin and Tom Hovey to its team. Suffoletto joins the firm as a partner and managing director, Griffin joins as a vice president and Hovey joins as senior associate.

Suffoletto has worked on the disposition, acquisition, or recapitalization of hundreds of net lease retail, industrial, office, and strip centers throughout the country. His expertise further includes 1031 Exchange transactions, sale-leaseback, and build-to-suit advisory.

Suffoletto and Griffin have amassed over $1.5 billion in sales volume across 31 states. They work on behalf of both private and institutional owners of commercial real estate throughout Greater Boston, New England, and beyond, including high net worth private individuals, family offices, developers, owner-occupiers, REITs, and foreign capital.

Suffoletto said, “Atlantic is one of the most well-respected brands in commercial real estate. The opportunity to partner with the professionals on both the capital markets and leasing teams here is truly an honor. We will be able to offer clients integrated insight and execution in a dynamic and challenging real estate environment, especially in Boston and the rest of the northeast, which is one of the most challenging and competitive real estate markets in the country.”

Griffin said, “We are excited to be joining the Atlantic Retail, Atlantic Capital Partners, and Atlantic Property Management teams under one roof here in Boston. Our complimentary services and depth of knowledge in the retail landscape makes the Atlantic platform one of the most dynamic and capable teams in New England and along the eastern seaboard.”

Justin Smith, head of capital markets, said, “Generally speaking, the addition of this team solidifies Atlantic Capital Partners as the preeminent sales platform in the region given that no other firm has the combination of institutional expertise with a top-tier private capital team. Furthermore, given Atlantic’s position as the dominant leasing platform along the east coast, our platform is perfectly suited to advise owners on how best to maximize value.”

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