Pine Tree Announces Key Property Management Promotion and New Hire

NEWLY-PROMOTED DIRECTOR OF PROPERTY MANAGEMENT AND THE ADDITION OF ASSISTANT PROPERTY MANAGER ROLE SUPPORTED BY COMPANY’S CONTINUED GROWTH

NORTHBROOK, Ill. (January 12, 2017) – Pine Tree, LLC, the Northbrook, Ill.-based retail real estate firm, today announced the promotion of Jennifer Costa from Vice President, Property Management, to Vice President, Director of Property Management. In addition to this key promotion, the firm also hired Brian Page as Assistant Property Manager.

“This key promotion and new hire reflect our commitment to build and maintain a strong, dynamic team as we continue to expand our portfolio of shopping centers across the country,” says Phil Spitz, Executive Vice President, Property Management and Accounting of Pine Tree.

In her new role, Jennifer Costa will oversee the property management department and lead a team that handles operations of the company’s national portfolio. Jennifer joined Pine Tree in 2005, and has handled property operations, expense reconciliations, budgeting, and financial management reporting for power centers, community centers, and grocery-anchored shopping centers. She is a resident of Gurnee, Ill.

“Jennifer’s promotion is a direct result of the significant contributions she has made to Pine Tree over the course of the 11 years she has been with Pine Tree,” said Spitz. “In addition to her extensive individual experience in property management, Jennifer has shown an incredible ability to collaborate, lead and think strategically, all of which will be important as our property management team continues to grow and innovate.”

As Assistant Property Manager, Brian Page will help the property management team oversee operations at some of the company’s national portfolio of shopping centers. Prior to joining Pine Tree, Brian recently worked as an analyst at Stack Real Estate in Northbrook, Ill, where he conducted market and financial analyses of prospective commercial real estate investments. He is a May 2016 graduate of the University of Illinois at Urbana-Champaign where he earned his BA in Communications. He is a resident of Northfield, Ill.

“We are incredibly excited to welcome Brian to our growing Pine Tree team,” said Spitz. “He has the dedication, discipline and resourcefulness that we believe makes Pine Tree’s team among the best in the industry.”

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About Pine Tree:
Pine Tree, LLC is a full-service real estate company specializing in retail based in Northbrook, Ill. Since its founding in 1995, Pine Tree has acquired and developed 91 properties with an aggregate value of over $1 billion. The company’s projects are located across the United States.

Press Contact:
Kasia Yuska
kyuska@dodier.com
DODIER & COMPANY
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