Sal Ambrosio, a founding principal of Tactix, has practiced as a trusted advisor, advocate, broker and consultant to commercial real estate tenants since 1984. Sal has directed numerous high profile projects and transactions including equity and joint venture, leases, structured financing, strategic planning and development consulting. Prior to starting his brokerage career Sal worked as a Presidential Management Intern for four years in the Executive Office of the President (Office of Management & Budget) in the first Reagan administration. While there, Sal analyzed budgets, developed policy papers, conducted government-wide financial and macro-economic analyses, developed computerized management information systems and drafted and negotiated substantive and appropriations legislation.

In 1984, he joined Julien J. Studley, Inc. and was selected to establish Studley's Philadelphia office in 1986. He developed a highly successful practice and managed the office's continued growth for 11 years. He co-founded Tactix with Jud Wambold in 1997 and continues to work tirelessly on behalf of tenant-clients throughout the United States.

Sal specializes in lease restructurings and renewals, operating leases, acquisition strategies, build-to-suit transactions and sale leaseback transactions. He has worked with:

Large- and mid-cap publicly traded companies:

• Shire Pharmaceuticals
• Sunoco
• FMC

Institutional clients:

• Villanova University
• St. Joseph's University

Privately held entities:

• Day & Zimmermann
• The Graham Co.

Law firms:

• Post & Schell
• Schnader Harrison

State University of New York, B.A.
State University of New York, Masters in Public Policy

Sal is a member of:

• CoreNet International
• The Union League of Philadelphia
• The Greater Philadelphia Chamber of Commerce
• World Affairs Council
• The Association for Corporate Growth and Financial Executives International

I was raised “old school.” Loyalty to God, country and family was non-negotiable. You “did the right thing” – period. After graduate school I worked for 4 years in the first Reagan administration, at OMB, as staff to David Stockman. Again, loyalty and ethics were the pillars – now coupled with very demanding analytical standards. After 4 years it was time to move to the private sector.

In 1984 I joined a large, national tenant representation firm in Washington, D.C. I was drawn to the purity of purpose (representing only tenants, never landlords) and the analytical challenge (supporting the incredibly diverse needs of CEO’s and CFO’s in various industries). In 1986 I moved to Philadelphia to open an office for that company. I built and led an outstanding group of brokers and the practice flourished across the region. However, I grew to understand that there are inherent flaws in the traditional brokerage business model. These flaws (primarily the compensation model) prevent brokers from devoting their entire energy and focus to vigorous tenant advocacy.

At the same time, I continued to grow in admiration for the analytical expertise and ethical standards of law firms and accounting firms. The professional service firm model rewards substantive expertise, collaborative effort and client advocacy. Better to be a member of a team of trusted advisors than a silo (or solo broker) in pursuit of an annual sales quota.

I founded Tactix in 1997 with the express purpose of applying the professional service business model to a tenant advocacy practice in commercial real estate. The market responded with overwhelming support. We had obviously found an unmet need. We were adding value and the results were compounded over time. Over the years, our clients have responded again and again by honoring us with repeat and referral business. The professional service firm literature is replete with references to repeat and referral business as a critical measure of excellence and a “must have” for sustainable growth. We owe our clients a deep debt of gratitude for trusting us to guide them through the often treacherous world of commercial real estate decision making. We never aspired to be the largest tenant advocacy firm—but simply the most collaborative, analytical and trusted group of advisors in the industry. It continues to be an interesting and rewarding journey.

Glenn Blumenfeld is one of three principals of Tactix. Prior to joining Tactix, he practiced law at Dechert, L.L.P., one of the nation's largest law firms, for over 17 years. At Dechert, he was a partner and Chair of the Real Estate Equity Practice as well as Co-Chair of the Firm's Global Hiring Committee. Glenn also managed the firm's real estate portfolio and, in that capacity, engaged and managed brokers around the country.

Since joining Tactix in 2003, Glenn has managed and co-managed many of the largest and most complex transactions in the region including:

• 275,000 Sq. Ft. headquarters lease – Sunoco Inc.
• Combined Dechert (240,000 Sq. Ft.) and Woodcock Washburn (110,000 Sq. Ft.) leases which anchored the new Cira Center building in the Keystone Opportunity Improvement Zone
• 240,000 Sq. Ft. lease – Blank Rome
• 210,000 Sq. Ft. headquarters lease – FMC Corporation
• 172,000 Sq. Ft. build to suit headquarters and laboratory facility – West Pharmaceutical Services
• 131,000 Sq. Ft. lease – White & Williams
• 125,000 Sq. Ft. lease – Incyte
• 120,000 Sq. Ft. headquarters consolidation and relocation – Nutrisystem Inc.
• 90,000 Sq. Ft. lease – Fox Rothchild, Philadelphia, PA
• 80,000 Sq. Ft. lease – Buchanan Ingersoll
• 80,000 Sq. Ft. lease – Klehr Harrison
• 65,000 Sq. Ft. headquarters/lab built to suit lease – Elementis Specialties
• 55,000 Sq. Ft. lease – Hamilton Lane
• 45,000 Sq. Ft. lease – Kreischer Miller

Glenn has also represented many other corporations, law and professional service firms, and institutions.

Wharton School, University of PA, B.S. Economics
University of Pennsylvania Law School
– Member Law Review

Board Positions:

• Committee of 70
• Philadelphia Bar Foundation
• Philadelphia Economy League
• Franklin Institute Benefactors

Honors:

• Ernst & Young Entrepreneur of the Year 2011, Finalist
• Mack Cali Broker of the Year 2005, Philadelphia Region
• Member Facilities Task Force for City of Philadelphia, Appointed by Mayor Nutter 2012

Having worked with many large, national brokerage firms as a client and attorney, I came to realize that the traditional brokerage model was fundamentally flawed in many ways that worked against client interests. I left my partnership at Dechert because I saw a real opportunity to create something special at Tactix and provide more value to brokerage clients. I'm extremely proud that we have eliminated conflicts of interest and artificial revenue quotas, hired extraordinary real estate professionals with unique legal and financial backgrounds and created a truly collaborative model. I know we could not have achieved the results we have for our clients under any other platform or with any other professionals.

Jud Wambold, one of the three principals of Tactix, started his career as a real estate attorney at Dechert, one of the country's largest law firms, where he was the attorney in charge of lease transactions involving both commercial and industrial projects having an aggregate value in excess of $8 billion.

After 17 years of practice, Jud left the legal profession to become the Corporate Managing Director of the Philadelphia office of Julien J. Studley, a national tenant representation firm. A year after joining Studley, he left to form Tactix with Sal Ambrosio. Jud's broad range of experience includes traditional leases, credit tenant leases, sale/lease backs, equity leases, build to suit leases, synthetic leases and real estate lending. He represents a number of tenants with real estate assets throughout the country. Jud has successfully structured complex land assemblies and land dispositions, including the acquisition and rezoning of land for an 880,000 Sq. Ft. laboratory in the Southwest, the largest facility of its type West of the Mississippi. He has also handled negotiations for high-value, mission critical facilities, including a 100,000 Sq. Ft. worldwide financial center for Sodexho in Buffalo and a 100,000 Sq. Ft. national data center in Atlanta.

The Wharton School, University of Pennsylvania, MBA
Cornell Law School, J.D.

During my legal practice I specialized in negotiating leases for tenants. My clients loved me, but I was frustrated because I could not deliver maximum value for them since I was coming into the transaction at such a late stage. Too often when I asked about why a transaction had not been structured more creatively, neither my client nor their broker had an answer. When I left the practice of law I was met with offers from all of the major brokerage firms. But none of those platforms could deliver the service level I thought a tenant deserved. I wanted a brokerage firm that had no business entanglements with landlords so that my advice to a tenant could be conflict free. I wanted to assemble a group of smart and creative professionals with diverse legal and financial backgrounds who could deliver creative and economically aggressive transactions for tenants. Philadelphia didn't need just another broker, it needed a new breed of broker and that's why I started Tactix.

Prior to joining Tactix, Stephen Amoriello was an attorney at the Philadelphia-based firm of Dilworth Paxson LLP and, combined with his tenure at two other firms in Northern New Jersey and Philadelphia, cumulatively practiced law for six years. Additional previous experience included sales and marketing roles with a subsidiary of Independence Blue Cross. Since joining Tactix he has helped both emerging growth and well-established clients across industry sectors to develop and execute real estate strategies that support their operational and financial objectives.

Sample representations include:

• Multiple representations including a 115,000 + Sq. Ft. office and manufacturing facility – ABB, Inc.
• Corporate headquarters transaction – Balfour Beatty Communities
• Office and manufacturing facility – Chempump, a Division of Teikoku USA, Inc.
• North American headquarters for foreign-based specialty pharmaceutical company – Pharmaxis, Inc.
• Class 10,000 clean room and office facility – Plurogen Therapeutics, Inc.
• Multiple representations including a Federally Qualified Healthcare Center and a residential substance abuse treatment facility – Public Health Management Corporation

Saint Joseph's University, B.S. Marketing
Widener University School of Law, Juris Doctor
Pepperdine University School of Law, Straus Institute for Dispute Resolution
Widener University School of Business Administration, M.B.A.

Affiliations

• Justinian Society, Board of Directors
• Leukemia & Lymphoma Society, Executive Committee/Chester County Light the Night Walk
• Support Center for Child Advocates, Volunteer
• Saint Joseph's University Real Estate Alumni Chapter, Member
• Great Valley High School Gridiron Club, Golf Outing Chair

Tactix provided me an opportunity to associate myself with the clear local leader in the industry and a platform upon which I could use both my business and legal skills on a daily basis. Being able to advocate on behalf of my clients without conflicts of interest truly has allowed me to become their “strategic partner” in the fullest sense. Additionally, having the ability to openly collaborate with the level of professionals here at Tactix is not only personally rewarding but also provides invaluable additional resources that can be mobilized to the benefit of my clients.

Martin Bond joined Tactix in 2002 after 20 years as a commercial real estate lawyer. Before joining Tactix, Martin was a shareholder of what is now Buchanan Ingersoll & Rooney PC, one of the largest law firms in Pennsylvania. Previously, Martin was with the Philadelphia office of Montgomery, McCracken, Walker & Rhoads, LLP, and the Dallas office of what is now Locke Lord LLP.

Martin's legal career covered most aspects of commercial real estate, including office, industrial and retail leasing, construction and permanent financing, loan workouts, forward and reverse like-kind exchanges, sale/leasebacks and land use, development and construction matters.

At Tactix, Martin has worked on office and industrial lease transactions, site acquisitions and dispositions, and an assortment of real estate related consulting work. Client he has worked with include:

Publicly traded companies:

• Constar International, Inc.

Law firms:

• Dechert
• Richards, Layton and Finger
• Potter, Anderson and Corroon
• Woodcock Washburn
• Montgomery, McCracken Walker and Rhoads

Other privately held entities:

• Corporation Service Company
• Turner Investment Partners
• TA Instruments

Institutional clients:

• Villanova University
• St. Joseph's University

Non-profits:

• The William Penn Foundation
• The Oblates of St. Francis de Sales

Swarthmore College, B.A.
Emory University School of Law
– JD Staff, Emory Law Journal

• Bryn Mawr Presbyterian Church, Bryn Mawr PA
  Trustee, 1999 – 2005
  Property Committee, 1999 – 2005, 2009 – present
  Investment Committee, 2002 – 2005, 2011 – present
  Nominating Committee, 2003 – 2004

• Rosemont Presbyterian Village, Rosemont PA
  Real Estate Advisory Board

As a real estate lawyer, most of my time was spent documenting complex transactions, protecting my clients from risk. A small part of my practice – but the most satisfying by far – was structuring deals to help clients save money.

When I had the chance to join Tactix, I jumped at the opportunity. I'd known the people at Tactix for many years, and knew them to be smart, well trained, ethical and hard working. Importantly, they seemed to be having a lot more fun than they'd had as lawyers, largely because they were adding tremendous value for their clients.

It also seemed to me that Tactix had created a better mousetrap. The firm operated much like a law firm, with a high degree of collaboration, a focus on client service, a relentless dedication to getting each client the best deal possible, and an insistence on being free of conflicts of interest. They couldn't have been more different from a traditional commercial real estate brokerage firms.

After I joined Tactix, I found that all of my perceptions were right. And I discovered for myself that putting money in a client's pocket is far more satisfying than anything I ever did as a lawyer.

Rob Cellucci has a strong foundation in all facets of commercial real estate leasing and build-to-suit development. Prior to joining Tactix, Rob worked in the Global Corporate Services division of an international brokerage firm. Rob assisted corporate clients in the management of office, retail, and industrial transactions, ranging from 3,500 to 530,000 SF. In this role, Rob developed a high level of proficiency while managing each stage of the process, including corporate strategizing, market and financial analysis, site selection, and letter of intent and lease negotiations.

James Madison University, B.S. Public Management
James Madison University, Florence, Italy, M.A. Economic and Social Policy of the European Union

Activities:

• Corenet Global – Philadelphia Chapter
• Select Greater Philadelphia – Young Professionals Network

Honors:

• Student Representative to the Board of Visitors of James Madison University

Before deciding to leave my relationship with a large, international brokerage firm, I thoroughly vetted several other global brokerage firms in the Philadelphia area. Frankly, something was missing. Some mentors of mine recommended that, before making a decision, I explore an opportunity with Tactix because of their strong reputation and unique business platform. In an industry sometimes ridden with questionable salesmanship, I perceived Tactix to be a unique organization that strongly promoted the concept of honest and unbiased real estate advisory. Finally, I found that the strict tenant representation model, supported by a collaboration of professionals with storied financial and legal sagacity would allow me to provide my clients with the highest quality service. It was the right choice.

Ryan Conner has been a broker with Tactix since 2007. Prior to joining the firm, Ryan was a Development Manager for Preferred Unlimited, Inc., a diversified real estate investment company with over $1.5 billion in assets, where he was responsible for the redevelopment of over 9.5 million square feet of mixed-use office and industrial property. His passion for all things real estate started during his days as a Special Projects Coordinator for the Riverfront Development Corporation of Delaware, a state chartered public corporation established to rehabilitate and revitalize Wilmington, Delaware's major waterway – the Christiana Riverfront.

Since joining Tactix he has worked on some of the most significant, exciting tenant representation projects in the region:

• 172,000 Sq. Ft. build to suit headquarters and laboratory facility – West Pharmaceutical Services
• 150,000 Sq. Ft. warehouse expansion and relocation – Veltek Associates, Inc.
• 115,000 Sq. Ft. office and industrial renewal – ABB, Inc.
• 75,000 Sq. Ft. headquarters office project – Connolly Bove Lodge & Hutz
• 62,000 Sq. Ft. North American headquarters renewal and expansion – Chempump, Inc.
• 45,000 Sq. Ft. relocation and expansion – Kreischer Miller
• 42,000 Sq. Ft. new facility purchase – Flying Fish Brewing Company
• 35,000 Sq. Ft. headquarters relocation – Grant & Eisenhofer, P.A.

Ryan also remains connected to his roots in land development representing many institutions and individuals in the disposition of land with development opportunity.

University of Delaware, B.A. Psychology
University of Delaware, MPA, School of Public Policy and Administration

Volunteer Activities:

• Board President, University of Delaware Philadelphia Alumni

When I decided to leave Preferred Unlimited over four years ago, I considered almost every national, full service brokerage firm in the region. But after meeting with the principals of Tactix the decision was an easy one. The Tactix platform was different than any I had seen. No other firm offered a genuine tenant advocacy model staffed with real estate professionals (not salespeople) with deep legal and financial backgrounds and no other firm offered me regular, direct access to the owners of the firm. Further, the values of the firm aligned with mine. I continue to be a staunch believer in our unique approach to real estate brokerage and look forward to contributing to the limitless potential of this company.

Prior to joining Tactix, I spent over seven years practicing law with Drinker Biddle & Reath LLP. At Drinker, I was a member of the commercial real estate group where I specialized in complex leasing transactions and earned the distinction of being named a Pennsylvania Rising Star by Law and Politics magazine. In addition to leasing transactions, my real estate experience includes acquisitions and dispositions of numerous commercial properties, financings and the preparation and negotiation of construction and design contracts.

State University of New York at Albany, B.A.
University of Richmond School of Law, J.D.
– magna cum laude
– Executive Editor, University of Richmond Law Review

• First Presbyterian Church Haddonfield, NJ – Chair of the Stewardship Committee and Vice President of the Corporation
• New Jersey Bar Association, Member

During my time as a practicing lawyer I had professional interactions with many brokers and saw that the quality of those brokers varied widely, sometimes to the detriment of their clients. My impressions of Tactix were quite different from other brokers—they consistently advocated for their clients with skill and professionalism and were instrumental in bringing transactions to a successful conclusion. When I decided to make a career change to brokerage Tactix was the clear choice for me.

Ben Elderkin has broad experience with all aspects of commercial real estate transactions. Before joining Tactix in 2011, Ben worked as an Assistant Director with Studley in Philadelphia and as an intern with GVA Thompson, Hennessey, Doyle, and Stevens in Boston.

Ben has a B.A. from Penn State University and a Master's Degree from the University of Pennsylvania, where he concentrated on Urban Planning. His research at Penn included mixed use and adaptive re-use projects in Philadelphia, and the efficacy of tax increment financing in urban development.

When he is not working, Ben enjoys snowboarding in Colorado, eBay, architecture, and surfing.

Penn State University, B.A.
University of Pennsylvania, M.A.

Affiliations:

• President of American Studies Club
• Urban Land Institute
• Philadelphia Cares
• Hidden City Philadelphia
• National Association of Asian American Professionals

Ben has worked on a variety of projects with companies, including:

• Woodcock Washburn
• Schnader Harrison
• Thomas Jefferson University

I chose Tactix because the firm is distinctive, smart, and aggressive. Tactix has the reputation as the best Tenant advisory firm in Philadelphia. They are one of the few commercial real estate companies that truly insures the client's best interest through a collaborative team approach. Last, I understood that Tactix has executed some of the largest, most complex deals in the Philadelphia marketplace.

Ashley George has a widespread background in real estate including leasing. For six years she worked with one of the Delaware Valley's largest and most respected owner/developers of multi-family housing in rotational positions such as leasing, accounts payable, and facilities. Ashley's diverse background and experience enables her to guide clients effortlessly through the leasing process.

University of Scranton, B.S. International Business and Marketing
Universidad de Pablo de Olavide, Sevilla, Spain

Activities:

• AAGP – Apartment Association of Greater Philadelphia
• Central Bucks Chamber of Commerce
• English as a second language (ESL) educator/consultant, Chungdham April Academy, South Korea

Honors:

• Mentor/Mentee Leadership Development Award (ADP)

Real Estate is a challenging industry, which leaves some brokers with little stability, while proving to be very rewarding to others. I believe that the difference between the two lies not only in the market, but also in the type of organization you work for and are trained within. The Tactix mission is to be ethical and honest in what they do as tenant representatives. I saw Tactix as a group of motivated individuals who have built success through a collaborative model. The unique 'we' in team approach drew me towards the organization right away and has shown me the unlimited possibilities. Their steadfast dedication towards all clients' best interests and meticulous financial analysis has truly set the stage for success. Frankly, given the unique backgrounds of the professionals at Tactix, I knew that they could help provide my clients with deal experience and value no other firm could match.

Wayne Hunt joined Tactix in 2009 after 30 years of progressive institutional experience in commercial real estate as both a manager and practitioner with national firms. He has represented a multitude of institutional owners and developers including the Chicago Board of Trade, Metropolitan Life Insurance Company, Henry Crown & Company, HSBC, GE Capital, Textron, Bankers Trust, the U.S. Navy, PNB Paribas, SA and the City of Philadelphia and sophisticated tenants such as DLA Piper USA, LLP, Independence Blue Cross, Saul Ewing, LLP, FMC Corporation. Turner Construction Company, Kvaerner and Stifel Financial.

My experience includes:

• 16 million Sq. Ft. of commercial lease transactions
• $175,000,000 of tax-deferred (1031) exchanges
• $300,000,000 in note sales
• $500,000,000 of asset dispositions
• $600,000,000 of construction / development

University of Massachusetts, B.S.
– Magna Cum Laude
Babson College, MBA International Finance
U.S. Air Force
– Active Duty in Southeast Asia & Europe

Board Positions:

• President, Haverford Civic Association
• Chairman, Men's Committee, Devon Horse Show

Honors:

• Member, Mayor's Real Estate Task Force – City of Philadelphia, Appointed by former Philadelphia Mayor, Ed Rendell
• Jones Lang LaSalle Executive Management Program
• Professional Recognition Award – 5 Consecutive Years – The Galbreath Company
• Management Excellence Award – The Helmsley Organization
• Air Force Commendation Medal

I previously worked with the principals of Tactix on many complex real estate transactions where I was on the other side representing the landlord. In all instances, I found them to be extremely well informed, very bright and unapologetic advocates for their client. When the opportunity arose to join my former adversaries in a collaborative environment, where the interest of the client is paramount and the professionals have accretive financial and legal skill sets, I took it.

Sherri worked for the Department of Defense at Naval Air Station Joint Reserve Base Willow Grove until it closed in 2011. Before joining Tactix, Sherri was the Public Affairs Officer at the largest Naval Air Station on the East Coast for over 12 years. While there she coordinated 10 Presidential visits, 6 major air shows, 5 golf tournaments as well as serving as the community liaison officer and command spokesperson. Additionally, she served as a Chief Administrator in the Navy Reserves for more than 18 years and has brought innovative administrative ideas and organizational procedures with her to Tactix.

UMUC, B.S. Communications

Activities:

• Member of the Pearl Harbor Survivors Association
• Public Affairs Officer, Delaware Valley Historical Aircraft Association

Honors:

• Awarded the Department of Defense Meritorious Civilian Service Award

Assisting with the closure of the Naval Air Station was a daunting and stressful six year process. I was looking for a new challenge where I could apply my skills at a reputable growing company. Tactix is that and more; they are extremely well respected and their reputation as one of the best Tenant advisory firms in the Philadelphia area precedes them. It's refreshing to be a part of a team of consummate professionals who work tirelessly for their clients.

Pat brings with him a wide range of experience having been active in the real estate industry since 1985. With over 20 years on the landlord/ownership side of brokerage, he brings a unique perspective to the Tactix team and provides invaluable insight into landlords' financial mindset. He has served as Director for the Brokerage Services Group at Cushman & Wakefield; President of the Commercial Division at Binswanger; and as a partner at KOR Commercial Real Estate before joining Tactix.

Patrick has managed and co-managed many complex transactions in the region including:

• 1,000,000 Sq. Ft. Lease – NovaCare
• 380,000 Sq. Ft. Disposition – Novartis Pharmaceuticals
• 70,000 Sq. Ft. Lease – Abington Hospital
• 60,000 Sq. Ft. Purchase – IKEA Headquarters
• 45,000 Sq. Ft. Lease – LaSalle University
• 48,000 Sq. Ft. Lease – Willow Financial Bank
• 13,000 Sq. Ft. Lease – Korman Communities

Temple University, Urban Planning

Board Positions:

• Police Athletic League of Philadelphia
• Cuddle My Kids
• Archdiocese of Philadelphia, Real Estate Advisory Committee

Charities:

• Mr. Kelley completed the Lake Placid Ironman Triathlon in 2010 raising dollars for ALS

I choose to become member of the Tactix team because its service platform and commitment to excellence are extraordinary and unlike any other real estate firm's. I previously served at a senior level at two international real estate firms and we were never optimistic when we competed with Tactix for tenant assignments. Frankly, I knew they were the most skilled brokers in the area and I jumped at the opportunity when they invited me to be part of their team. Simply put, at the other brokerage firms, Tactix is regarded as the “Seal Team Six” of the industry: we enter a transaction with skilled precision and accomplish results that no one believes are possible.

Bill Kilrain began his career in the Commercial Real Estate Industry in 2010 at Fourragere Property Services, a privately owned tenant representation firm. While there, he conducted market research, thorough market analysis, and detailed insight into cost savings for his clients. He joined Tactix in 2011.

Prior to joining Fourragere, Bill had 10 years of combined military and business experience. He managed groups as large as 30 was responsible for complex projects valued at over $22,000,000 and affecting more than 20,000 people. Through determined communication and coordination he has successfully bridged obstacles such as incompatible languages, foreign cultures, and federal agencies.

His ability to combine the knowledge and leadership skills gained as an officer in the military and with his business acumen enable him to provide unique value and provide Tactix's clients with the best service available.

West Point, B.S. Environmental Science & Engineering
– Dean's List
Australian Graduate School of Management, MBA

Board Positions:

• West Point Society of Philadelphia

Honors:

• Army Commendation Medal

As a former military officer, nothing is more important to me than standing on the moral high ground. Tactix's business model is structured around the concept of tenant first and tenant only. Tactix's dedication to our clients eliminates the conflicts of interest so common to other commercial real estate firms who represent both landlords and tenants. This stance gives me the added confidence that the advice we offer to our clients is solid from both a business and ethical position.

Furthermore, Tactix has done an outstanding job of hiring extremely successful professionals of the highest moral fiber from a diverse, cross-section of industries. This collaborative group constantly supplies the knowledge capital that is the envy of the commercial real estate industry and a sustainable competitive advantage for our clients. The resulting collegial atmosphere leads to a level of collaboration unlikely to be found anywhere else. These attributes create a unique and satisfying culture which reinforces my decision to choose Tactix as my preferred place of work.

Bill joined Tactix in March 2012. Prior to joining Tactix, Bill served as Executive Vice President of Firstrust Bank and is a 30 year veteran in the Real Estate and Corporate Finance Industry. Bill's career also included responsibilities with Penn Mutual Life Insurance Company, CoreStates Bank and National City Bank leading teams that provided financing for new construction as well as complete renovations of office space nationwide. Bill has provided advisory services for bank branch lease renewals, relocation and fit-out of office space, and selection of real estate professionals for design and construction contracts. His background enables Bill to provide our tenant clients with unique and invaluable insights into the financings of properties which is increasingly important in a market where many buildings are in financial distress.

Moravian College, B.A. in Business Management
Temple University, Graduate study

• The Union League of Philadelphia, 2003 – present
  Board of Directors, Member
  Club House Services Committee, Chair
  Master Planning Committee, Member
• Zell-Lurie Real Estate Center
  The Wharton School, Member 1999 – present
• St. Matthew's United Methodist Church of Valley Forge, 1991 – present
  Trustees, Member
  Finance Committee, Former Chair
• Waynesbrough Country Club, 1999 – present
  Green Committee, Member

I joined the Tactix team because of its unique platform and collaborative approach to providing the best solutions and delivering outstanding results for its commercial clients. Because Tactix only represents tenants and is the preeminent tenant broker headquartered in the Philadelphia region, it has won the respect and admiration of firms who want what is best for their company and understand fiduciary responsibility. Time after time, throughout my career I have witnessed the inherent conflicts of interest involved with many aspects of a real estate transaction. It was important to me, in choosing a firm, that my allegiances would always be clear and uncompromised. When I did my due diligence in deciding to join the Tactix team, even its fiercest competitors offered the utmost respect for the principals and the reputation of the team.

Robert Miller has broad experience in the field of administration and computer service. Before joining Tactix in 2011, Rob fully computerized a major wholesale foods company, and developed a method for cataloguing their inventory while documenting and demonstrating how to use their newly implemented software systems. Prior to that, Rob worked as an accountant for a music publisher/distributor and a computer/electronics company.

Eastern University, B.A. Music Composition

Tactix immediately impressed me with their ethical stance on tenant representation. Having worked in computer sales, I saw the difference between those sales people who were focused on up selling their customers and those who were focused on listening to their customers and getting them what they needed, often for less than they had set out to pay. The first would walk away with a bigger paycheck for that weekend, but the second would walk away with a life-long customer. It taught me that being a good sales person and a good people person go hand in hand, and I am glad to work for a company that exemplifies that idea.

Bradford Mills joined Tactix in 2010 and has 20 years' experience in commercial real estate development, redevelopment, consulting, and brokerage comprising 8 million square feet of transactions valued at over $1 billion. In a departure from the standard career progression, he served as CEO of a Philadelphia low-income housing company from 2007-2008, where he made many operational improvements. Prior to beginning his business career Brad served as an infantry officer in the United States Marine Corps, including service in Operation Desert Storm. Significant transactions include:

• 850,000 Sq. Ft. – School District of Philadelphia: office purchase and redevelopment, Philadelphia, PA
• 275,000 Sq. Ft. – Drugstore.com: East Coast distribution and call center lease, Bridgeport, NJ
• 210,000 Sq. Ft. – NFL Films: office and production build-to-suit, Mt. Laurel, NJ
• 175,000 Sq. Ft. – Advance Paradigm: distribution build-to-suit lease, Wilkes-Barre, PA
• 125,000 Sq. Ft. – National Service Industries: manufacturing land purchase, Downingtown, PA
• 90,000 Sq. Ft. – Beneficial Savings Bank: headquarters consolidation lease, Philadelphia, PA
• 90,000 Sq. Ft. – PMA Capital: office lease renewal, Philadelphia, PA
• 78,000 Sq. Ft. – Ewing Cole: office lease renewal, Philadelphia, PA
• 66,000 Sq. Ft. – Thomas Jefferson University: office building sale, Philadelphia, PA; 86-acre land sale in Logan, NJ
• 60,000 Sq. Ft. – Giesecke und Devrient: office purchase, Reston, VA
• 55,000 Sq. Ft. – Highlands Insurance: office/25-acre sale-leaseback, Lawrenceville, NJ
• 45,000 Sq. Ft. – Federal Defenders: office lease, Philadelphia, PA
• 32,000 Sq. Ft. – Mobil Corporation: office lease, Exton, PA; numerous retail transactions throughout the United States

University of Virginia, B.A.
Duke University, M.B.A.

Civic Positions:

• People for People, Inc. Board of Directors
• Merion Liberty Boy Scout Troop, Chartered Organization Representative
• Jefferson Scholars Foundation, Regional Selection Committee
• Marine Corps Scholarship Foundation Board of Directors, 2003-09
• Union League Business Network, Vice Chair, 2008-10

Honors:

• Philadelphia Business Journal Top 10 lease, Philadelphia, PA, 2001
• BOMA Renovated Building of the Year, Southern NJ, 1996
• Largest office lease in Southern NJ, 1997; largest office lease in Northern VA, 1994
• Navy Commendation Medal

Activities:

• Virginia Cardinals and Philadelphia Whitemarsh Rugby Clubs
• Running: completed Philadelphia Marathon, 2000 and 2004
• Cycling

Having worked for several competing brokerage firms over the years, I was painfully aware of the competitive advantages of Tactix. When I returned to commercial real estate brokerage after 18 months in other pursuits, I decided not to repeat past mistakes and joined the team that provides the best value to its clients.

William has over 12 years of experience in advising commercial tenants requiring regional, national and international multi-market commercial real estate services. Prior to joining Tactix, he worked for Realogy, one of the world's largest real estate corporations. At Realogy, he was a Vice President in their Global Client Solutions division. William oversaw the global proactive business development efforts for Realogy's two commercial real estate companies.

In his career, he has had the opportunity to work with a variety of companies and institutions including:

• MetalsUSA
• MEDStaff
• United States Postal Service
• Groupo Ferran – Barcelona and Madrid, Spain
• Apollo Management-Europe
• Kellogg's Corporation
• GMAC Residential
• PHH Mortgage
• Apptec
• Artemis
• Pharmedica Communications
• Sovereign Environmental Services

Johnson and Wales University, B.S.

• American Red Cross - Chester County Leadership Council

Many of the executives I interact with often say that they cannot tell the difference between commercial real estate firms. That's why in choosing a firm to work with, I wanted one that was truly different down to its core in ways that materially benefit their clients. After having competed with Tactix for many years, Tactix sure looked different from the outside. In my first month here, I knew we truly are different and I immediately understood why they were so successful. Every one of our clients has used another brokerage firm before meeting us. When they become a Tactix client, they saw the difference and became our most loyal advocates.

Kartik Patel joined Tactix Real Estate Advisors in 2001. Given his strong financial background, Kartik initially served as the firm's "go to" financial analyst, creating customized financial models for the firm's most complex transactions. Within a short period of time Kartik transitioned into full time brokerage. He has advised many clients in their commercial real estate needs in various industries, from high-profile law firms and pharmaceutical companies to legal, nonprofit, and public interest firms. Prior to joining Tactix, Kartik was a financial associate for The Vanguard Group where he was responsible for daily mutual fund valuations including the Vanguard's Index 500, the largest mutual fund in the industry at the time.

During his tenure at Tactix, Kartik has had the privilege to work with the following companies among others:

• West Pharmaceutical Services
• Dechert
• Woodcock Washburn
• Nutrisystem
• Community Legal Services
• Public Interest Law Center of Philadelphia
• Philly VIP
• Philadelphia Legal Assistance
• Food Trust
• Blank Rome
• Kreischer Miller
• Sunoco
• Triumph Group
• Elemica
• Northwestern Mutual

Pennsylvania State University, B.S. Finance & International Business
Drexel University – M.B.A.

Tactix is not about sales and revenue quotas. It is about yielding outcomes that are in the best interest of our clients. We do it with a team of professionals who use their financial, business and legal acumen to strongly advocate for our clients. Couple this with our collaborative team approach to all transactions and it was an easy decision to be part of the Tactix team.

Scott Silver has over 25 years of real estate and accounting experience. Scott's primary responsibilities at Tactix include performing lease audits to identify and recover overcharges in operating expense and real estate tax pass-throughs, as well reviewing and improving the lease language governing the calculation of such pass-throughs. Prior to joining Tactix, he worked for Deloitte, one of the world's largest professional services companies, where he was the Senior Manager of the Lease Consulting Services practice in the Tri-State/New York City office.

In his career, Scott has had the privilege to work with a variety of well-known companies and institutions including:

• Prudential Financial
• Deloitte
• Goldman Sachs
• FMC Corporation
• Blank Rome
• Alliance Bernstein
• Princess Cruises
• Connolly Bove
• Aetna
• Northrop Grumman
• Merrill Lynch
• Cingular Wireless

Binghamton University, B.S. Accounting

• Past treasurer of the New York City and Philadelphia Chapters of CoreNet Global
• As a faculty member of CoreNet Learning, I spoke frequently at local chapter programs nationwide, as well as at the annual Symposia
• Speaker at National Retail Tenants Association’s annual convention
• Speaker at Pennsylvania Bar Institute’s Real Estate Institute
• New York State Certified Public Accountant (inactive)

In Tactix, I saw an opportunity to work with a unique tenant representation firm that prides itself in the quality and integrity of its professional staff and conflict-free business model. I continue to be impressed by the depth of knowledge possessed by the Tactix team, and their dedicated commitment to tenant advocacy. All of these traits mirror my philosophy and blend synergistically with the lease audit practice. Frankly, you cannot truly advocate for a tenant's interest on a lease audit if your company is beholden to landlords.

Jenny comes to Tactix with a background in residential investment real estate and land development. She is experienced in lot subdivisions and sales, land assemblages, new construction and commercial and industrial to residential conversions. In 2004, Jenny became part owner of Winder Real Estate, a property management and real estate sales company with a concentration on residential investment.

Before entering into the real estate industry, Jenny worked as Marketing Director for an international glassware company based out of New York City.

Chestnut Hill College, B.S. Sociology

Activities:

• Member – Chestnut Hill College Alumni Association
• Member – John W. Hallahan Catholic Girl’s High School Alumni Association
• Girls on the Run – non profit organization that inspires healthy living and confidence in girls through running
• Member – Chestnut Hill Community Association

I was well aware of the excellent reputation Tactix has earned for their honest and vigorous approach towards all clients’ best interests. When I decided to move from residential real estate to the commercial side of the industry, the Tactix philosophy blended perfectly with the manner in which I conduct business with my clients. Merging my experience with the Tactix business platform offers my clients highly intelligent real estate solutions with a personal commitment to excellence.

Jennifer Stauffer joined Tactix with over 10 years of administrative experience. Previously, she served as the Executive Administrative Assistant for an insurance brokerage firm where she developed a foundation of working closely with the brokers to best serve the clients’ needs. Jennifer’s extensive background in administration includes experience in the both the private and public sector. Before joining Tactix she had successfully wrote and implemented a detailed Inventory Process and Procedures Manual for a newly established non-profit organization. Additionally, she is highly skilled in creating corporate budgets.

Activities:

• Current member of the Flyers Faithful; developing fundraisers to benefit the Ed Snider Youth Hockey Program

I relished the opportunity to work with a brokerage firm compiled of quality professionals who understood the importance of working as a team in order to create solutions for their clients. I was impressed by the Tactix team and their tenacious, hard working nature, as it mirrors my own.