Friday, April 21, 2006

Jones Lang LaSalle


Reckson Creates New Position for Westchester/Connecticut Focus
By Barbara Jarvie
Last updated: April 18, 2006 12:24pm


MELVILLE, NY-Reckson Associates Realty Corp has hired David Sims in the role of senior vice president and managing director of its Westchester/Connecticut division. In this newly created position, Sims will be responsible for the formulation and execution of the division’s business plan for the recently expanded portfolio aggregating approximately 6.7 million rentable sf.

A major focus of the REIT’s business strategy will be the execution of the multimillion-dollar repositioning of the recently acquired 1.6-million-sf East Ridge portfolio. Sims has more than 36 years of real estate experience working for companies such as Olympia and York, Mendik Realty, Vornado and CB Richard Ellis.

Sims will report to Salvatore Campofranco, Reckson’s chief operating officer. He will also become a member of Reckson’s operating committee. "In Westchester and Connecticut we have the most experienced and knowledgeable team in these markets and adding David will only enhance our competitive advantage," Campofranco says. Reckson wholly owns, has substantial interests in, or has under contract, a total of 102 properties comprised of approximately 20.2 million sf.