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PREI® Expands US Marketing Team

Stocks in this article: PRU

Prudential Real Estate Investors has named Dennis Martin managing director, head of U.S. marketing. PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU).

Martin, whose appointment is effective today, reports to Mark Chamieh, Global Head of Business Development and Client Relationship Management for Prudential Real Estate Investors.

“Dennis brings a tremendous amount of experience that adds to the depth of our business development/marketing team in the U.S.” Chamieh said. “His work in the industry over the past 20 years uniquely positions him to understand our clients’ needs and provide leadership to the U.S.-based team.”

Martin’s hiring is part of several changes implemented by Prudential Real Estate Investors designed to further enhance client service. “Bringing Dennis onboard frees up Les Lockwood to focus on expanding our Key Account program, which is central to how we serve clients around the world,” said Allen Smith, CEO of Prudential Real Estate Investors. In his new role, Lockwood will be Head of Key Account Management and Special Projects. In this role, he will continue to partner closely with David Bradford, Head of Global Client Service.

Before joining Prudential, Martin was a managing director in RREEF Real Estate’s Client Relations Group where he developed and managed client and consultant relationships in the Midwest and Eastern regions. Prior to that, he was the director of real estate investments for Lucent Asset Management Corp., the pension asset management subsidiary of Lucent Technologies, Inc. and has practiced law with various high-profile law firms.

Martin has a bachelor’s degree in Political Science from St. John’s University and a law degree from New York University’s School of Law.

PREI is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., PREI has other offices in Atlanta, Chicago, Miami, New York, San Francisco, London, Lisbon, Luxembourg, Munich, Paris, Istanbul, Abu Dhabi, Mexico City, Rio de Janeiro, Sao Paulo, Beijing, Hong Kong, Seoul, Singapore, and Tokyo. In addition, PREI has representatives in Milan and is establishing a presence in Sydney (pending regulatory approval). As of September 30, 2012, PREI managed approximately $51.2 billion in gross real estate assets ($34.6 billion net) on behalf of more than 490 clients worldwide. For more information, visit http://www.prei.com.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $1.005 trillion of assets under management as of September 30, 2012, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/



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