TSCG/SCG Retail announced today that Rosenthal Properties, one of metropolitan Washington D.C.’s dominant retail real estate services company, has combined with the Atlanta-based TSCG. The strategic move strengthens TSCG’s Mid-Atlantic coverage, establishing it as one of the largest retail real estate services-company in the eastern US, and one of the country’s largest managers of open-air shopping centers.
TSCG/SCG Retail has three New York Metro offices (Manhattan, Paramus, White Plains).
Founded in 1999, Rosenthal’s sixty-five people oversee a hundred plus commercial properties and manage over seven million square feet in retail space. The Rosenthal group focuses on tenant representation, leasing, property management and construction/project management of retail, office and industrial properties in Washington D.C., Virginia, and Maryland.
According to Sam Latone, President and Co-CEO of TSCG, “We’ve grown our company strategically through a combination of organic growth and acquisition of market leading firms in territories that complement our existing strengths. Glenn Rosenthal is an industry icon. He built his company into a regional retail powerhouse, and we’re thrilled to have the Rosenthal team join us.”
TSCG is one of the country’s largest privately held retail real estate services company. With Rosenthal, TSCG now has twenty-one regional offices and over three hundred associates servicing tenants, landlords, investors and developers. The addition of the metropolitan market to the TSCG portfolio provides complete coverage of the East Coast from New York to Miami.
“The retail landscape continues to evolve,” says Glenn Rosenthal, founder of Rosenthal. “This move strengthens our capabilities to better service our clients. TSCG’s collaborative environment and commitment to putting the client needs first, fits well with our culture.”
“Rosenthal Properties’ reputation in the market is impressive,” adds David Birnbrey, Chairman and Co-CEO of TSCG. “Our goal is to support their growth by providing the business development, analytic capabilities and back-office support needed to provide seamless service to retailers, restauranteurs, healthcare providers and property owners.”
In addition to tenant and landlord representation, TSCG operates Investment, Analytics, and Medical divisions, all of which will be offered through the Washington D.C. metro office. TSCG Investors is a vertically integrated SEC Registered Investment Adviser investing in institutional quality real estate. TSCG Analytics provides comprehensive GIS data collection and analysis for clients. TSCG Medical focuses on the unique real estate needs of healthcare providers and owners of real estate looking to attract medical uses.