MARC GURSTELVICE PRESIDENT OF LEASING
Marc brings more than 16 years of retail and real estate experience to TORG. Marc has a solid and diverse real estate background with expertise in site selection, lease negotiation, lease administration and retail and real estate operations.
Marc joins TORG after nearly five years at AM Retail Group (operator of Wilsons Leather, G.H. Bass & Co. and Calvin Klein Performance brands) where he was most recently Director of Real Estate. In this position, Marc was responsible for site selection, lease negotiation and lease administration for a portfolio of more than 150 Wilsons Leather outlet locations, totaling over 500,000 square feet in 43 states. Marc completed more than 200 real estate transactions, resulti ng in 50% growth in the number of Wilsons Leather locations.
Marc also oversaw the facilities maintenance division of AM Retail, directing operational efforts for 300+ stores. Marc played key roles in the launch of Andrew Marc and Vince Camuto outlet store s, Calvin Klein Performance’s entrance into retail, the acquisition of G.H. Bass & Co. and the return of Wilsons Leather to full – price malls.
Prior to AM Retail, Marc was Commercial Property Manager for Welsh Companies, FL and Colliers International/Welsh Companies, full – service real estate firms in South Florida and Minneapolis where he oversaw multi – property retail, office and industrial real estate portfolios comprising 1 million square feet. Marc was responsible for all property operations including sta ff management, financial reporting, budgeting, tenant and vendor relations, build – outs, capital improvement projects, lease renewals and lease administration.
Marc started his real estate career as an attorney in Minneapolis and led the operations of a ret ail company, specializing in finer men’s and women’s fashion, with stores at The Galleria in Edina, MN and Excelsior & Grand in St. Louis Park, MN.
Marc is a member of the International Council of Shopping Centers (ICSC) and the Institute of Real Estate Ma nagement (IREM).
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