Hobbs Brook Real Estate welcomes new hires to asset management and operations teams

Waltham, MA Hobbs Brook Real Estate (HBRE) has completed the addition of three new hires to its asset management and operations teams. HBRE welcomes two new members to its asset management division: Mark McLean joins as a senior asset manager and Cormac Sullivan joins as asset manager. In addition, Clayton Wentworth has joined the HBRE operations management team is as operations manager.

McLean’s responsibilities will involve developing and executing acquisition and asset management strategies for the firm’s current and future portfolio. McLean previously served as head of asset management at Rhino Capital and has held positions at RJ Kelly, Jones Lang LaSalle, and Condyne, LLC. Sullivan will bolster HBRE’s investment activities through comprehensive operational and analytical support, overseeing the execution of investment strategies for the firm’s current portfolio and playing a pivotal role in identifying and evaluating acquisition opportunities. Sullivan joins the firm from The Seyon Group, where he served as senior associate, acquisitions for the fund operator. McLean and Sullivan will report to Kerry Hawkins, senior director of asset management.

Wentworth will collaborate with property management, asset management, finance, legal, and construction in the implementation of several strategic asset-level and portfolio initiatives.

Most recently Wentworth served as a vice president and general manager at Alexandria Real Estate. Wentworth has also held positions with CBRE, Divco West, and Normandy. Wentworth is a graduate of Keene State College and is the current president of Building Owners and Managers Association (BOMA) Boston. Clayton will report to Steve Brodsky, director of operations and property management.

“I am grateful for the opportunity to join this exceptional team and contribute to the firm’s collective success,” said McLean.

“I look forward to joining Hobbs Brook Real Estate and working with its talented leadership team to help drive the organization’s continued growth as a forward-thinking real estate firm,” said Wentworth.

“We are thrilled to welcome these three individuals to our team of experienced asset management and operations professionals,” said Peter Gottlieb, president and CEO of HBRE. “Building on the firm’s history of owning and operating premier properties for over seven decades, this expansion of our team underscores our commitment to our tenants and to delivering and offering cutting-edge, sustainable properties. It also solidifies our path for continued growth.”

“As we further advance FM’s long-term real estate investment approach, we believe continuing to build an institutional and talented team at HBRE is an important building block for our future success, especially in the current market environment,” said Sanjay Chawla, executive vice president and chief investment officer of FM, a leading commercial property insurer. “This new group of skilled innovators will bring a breadth of ingenuity to HBRE, and we are confident these new hires will significantly drive forward our shared mission to create and manage exceptional properties.”