Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western U.S., has tapped industry veteran Charles Martinez to be its new regional director overseeing its Northern California properties. Over the past 15 years, Martinez has worked for a variety of retail development and redevelopment projects in Los Angeles, San Francisco and East Bay, Calif., as well as in Abu Dhabi in the United Arab Emirates. In his new role, Martinez will be responsible for managing a portfolio of 11 shopping centers from Petaluma to Santa Clara, Calif.
“With his wide array of experiences both in California and abroad, Charles brings a wealth of industry knowledge and expertise to the table,” says Pat McGinley, president of management services for Vestar. “His ideas and leadership experience in development and redevelopment projects will help Vestar take these centers to the next level, providing new and exciting experiences for our guests that we expect will simultaneously increase traffic and sales for our valued tenants as well.”
As one of the leading privately held real estate companies in the United States, Vestar acquires, develops and manages shopping and entertainment destinations that serve as community focal points. Since its inception in 1989, Vestar has earned a reputation for integrity and responsibility in the fields of retail property development, operations, leasing and marketing. Vestar’s current portfolio of retail properties totals 30 million square feet throughout the western states. For more information, visit www.vestar.com.