Frank S. Braccio

(562) 943-0452 (Home)-562-665-5892-Mobile frank.braccio@yahoo.com

 

Professional Summary

My resume that highlights my ability/knowledge/expertise in the areas of strategic planning, acquisitions/dispositions, lease negotiations, site acquisitions and project management. During career, I was able to manage a $35 million dollar lease budget, realized $80 million in sales in 15 months.  I implemented a real estate lease database consisting of 2,500 locations in multiple states. Approximately 2,000 of these leases were revenue and implemented a revenue enhancement program. I managed a $15-$ 25 million dollar retail build program. I performed retail site searches, acquired property, disposed of surplus locations and conducted lease negotiations. I achieved a $2.9 million in rent reductions in a 12 month period. Extensive experience supervising senior level brokers, attorneys, consultants and employees.

 

Professional Experience:

Real Estate Consulting and Right of Way Services

President2015-Present

 

Real Estate Consultant work with an emphasis in strategic planning, site selection, lease/acquisition/disposition of real property and right of way services.

 

Verizon Wireless Real Estate Manager-Sr. Consultant2003 -2015

Acting Director Real Estate, Construction & FacilitiesIrvine, CA.

 

As Acting Director with Verizon Wireless, I managed a $15-$25 million dollar retail build program, facilities management and construction/build program and over $35 million in annual lease transactions.  Managed and directed technical and operational staff, vendors and consultants in order to exceed company business goals and initiatives.  I managed the retail store planning, site selection, lease, development and portfolio management for the West Area.  I managed a portfolio consisting of 400 retail points of presence including stores and mall kiosks for the 12-state West Area. As the West Area Real Estate Manager, negotiate retail real estate lease transactions, site selections, distribution planning/analysis, responsible for a capital build budget of approximately $10-12 million, manage a team of brokers, work with attorneys in order to secure all necessary documents and identify store opportunities and market trends

Director, Real Estate Services-Corporate Services1999-2002

CB Richard Ellis-Associate DirectorLos Angeles, CA.                                                                                                                                                                                     

Managed staff and performed strategic real estate assignments for corporations. Functionally responsible for the implementation of all activities related to site selection of retail and commercial/industrial space, negotiated retail space in power centers, community/neighborhood centers and malls. I implemented a database for approximately 2,500 leases and licenses in multiple locations and states.  Negotiated retail space agreements, tenant improvements (construction) and managed a team of senior level brokers and vendors.  Generated $80 million in sales in 15 months, developed policies manual, standardized agreements, made presentations to the board of directors. My primary client was The City of Los Angeles, Department of Water & Power. Attended and presented at Board meetings. I have extensive senior level presentation exposure.

Page 2Frank Braccio

 

Manager, Real Estate/Right of Way Coordinator1990-1999             

Southern California Gas Company  /Sempra EnergyLos Angeles, CA.                                                                                                 

As the department head of real estate my experience and functional responsibility involved managing all aspects of the real estate department including establishing/ implementing policies and procedures, managing/developing/coaching staff, performing real estate acquisitions and dispositions, landlord and tenant leasing associated with the parent company and its subsidiaries.  I managed a $24 million dollar lease budget covering properties in multiple locations and states. I directed a $20-30 million dollar per year sales program.  I implemented a database for 200+ leased and revenue locations. Secured space in malls, power centers, community/grocery-anchored, life style centers and malls.  I performed R/W work for Sempra acquisition after the merger.

 

Real Estate Specialist1984 to 1990

Southern California Rapid Transit DistrictLos Angeles, CA.

 

Managed a portfolio of properties (retail, commercial, industrial) performed site searches for retail, office, commercial and maintenance yards and managed a $6 million dollar lease portfolio. Experience extended from real estate to facilities management activity and included contract preparation and vendor management. Performed lease and re-lease activities as a landlord for numerous retail locations that were acquired for transit projects. These locations were predominately commercial and retail. I negotiated space at community/grocery centers, power centers and malls.  Contracted for facility maintenance services, maintained vendor accounts, drafted and negotiated leases, letters of intent, prepared board reports, drafted the real estate property management manual and made presentations to senior management.  Attended board meetings

 

Associate/Assistant/Junior Right of Way Agent1980 to 1984

Department of TransportationLos Angeles, CA.

 

I performed fee acquisitions, appraisals, tenant relocation, portfolio administration, leasing and the ground leasing of company assets for long term building development and short-term interim uses.  Managed non-operational properties and facilities management, managed the development (economic) process for surplus sites. I sold excess properties either through direct sale, public auction, or sealed bid.

 

Education:Cal State University at Long Beach- B.A.

ICSC –School of Leasing Certification Program –Univ. of Penn. – Wharton School of Business

 

Honors:Dean’s and President’s Honor Society.

Licenses:California Real Estate Broker’s License   Societies: ICSCMembership