Hilco Global Strengthens Real Estate Advisory Services with New Executive Appointment
In a significant development for the real estate advisory sector, Hilco Global has announced the appointment of Mitch Friedel as the new Executive Director of Retail Development Advisory and Leasing. This strategic hire is a part of the company's broader objectives to strengthen its Professional Services division, particularly in the growing Lifestyle and Town Center retail segments. Friedel's extensive background in managing high-profile retail projects positions him as an asset that will enhance Hilco Global's capabilities in providing comprehensive advisory services.
Hilco Global has made it clear that the addition of Friedel is not merely a staffing decision but a testament to its commitment to delivering superior real estate services backed by a robust understanding of market dynamics. Neil Aaronson, President of Hilco Global (Americas) and Executive Director of Real Estate Advisory, expressed confidence in Friedel's extensive experience and established relationships within the retail ecosystem. He believes that Friedel's knowledge will empower the firm to support its clients' needs effectively, allowing Hilco to assist in the strategic expansion of their physical retail spaces.
With over 30 years of experience, Friedel has been instrumental in the realization of many successful large-scale retail and mixed-use projects across North America. Some of the notable developments he’s contributed to include the Time Warner Center in Manhattan, CityPlace in West Palm Beach, and the ambitious $1 billion redevelopment of Disney Springs in Orlando. He has also been involved in several open-air mixed-use initiatives in Florida, Texas, Nashville, and Park City, showcasing his ability to integrate retail, dining, and entertainment into functional communities.
Throughout his career, Friedel has collaborated closely with owner groups and architectural teams to steer projects from the planning stages through to completion. His expertise lies in constructing effective tenant mix strategies, identifying key anchor retailers, and executing comprehensive leasing programs that meet the demands of modern shoppers. His deep understanding of contemporary merchandising trends and the operational needs of experience-focused environments aligns seamlessly with Hilco Global's objectives.
Expressing his enthusiasm about joining Hilco Global, Friedel noted the significant opportunities presented by the company’s integrated platform that combines professional services with extensive capital solutions. He highlighted that his new role would not only allow him to drive asset value but also utilize Hilco’s financial capabilities to furnish clients with essential competitive capital resources.
Hilco Global, known for its diverse financial services, operates under the auspices of ORIX Corporation USA. The firm specializes in delivering a range of solutions custom-tailored to various sectors, including retail, real estate, and manufacturing. With an established global presence and a team of over 810 professionals, Hilco Global aims to resolve intricate business challenges while enhancing long-term value for its clients.
As the retail landscape continues to evolve, the appointment of Mitch Friedel comes at a crucial time, promising to fortify Hilco Global's position in the real estate advisory domain. The firm appears poised to lead clients towards strategically impactful developments that meet the challenges of a modern retail environment, ensuring that they gain a competitive edge in a rapidly changing market.