The Real Deal New York

Stonehenge hires first director of retail leasing

February 03, 2012 03:30PM

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Ofer Yardeni, managing partner at Stonehenge

Stonehenge Partners has hired commercial leasing pro Luciana Francese as director of retail leasing, the company said today. Francese, who was previously director of leasing at G&S Investors, will oversee the company’s commercial portfolio, which consists of over 750,000 square feet of retail, office and garage space in Manhattan.

Francese has a “great reputation and track record in successfully repositioning commercial properties,” said Ofer Yardeni, a managing partner of Stonehenge. “She will help us maximize the value of the commercial component of our portfolio.”

Francese’s position is a new one at the firm, a spokesperson said.

In the last 12 months, Stonehenge has acquired over $500 million of properties in Manhattan, it said. As The Real Deal previously reported, the firm recently joined forces with SL Green Realty and retail investor Jeff Sutton to purchase the David Frankel Realty portfolio, which includes high-end retailer Prada’s location at 724 Fifth Avenue. The deal closed earlier this week. — Katherine Clarke

2 Responses to “Stonehenge hires first director of retail leasing”

  1. February 04, 2012 at 11:02 am, rent2dmhi said:

    Ofer is a great guy with strong business sense but I’m not sure what kind of reputation an unknown 27 year old could have…

  2. February 04, 2012 at 12:42 pm, Penelope said:

    It seems he is a good guy with good business sense. Charm is his ticket.
    Long ago he had a real dog for a director “the Cruz” and no matter how often he was told to cut the snake lose, he cut the good staff instead. Smart? NOT So much!
    Is he fortunate YES!!! He teamed up with a rich guy who died long ago.

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