ABOUT PETTINARO

ABOUT US

WHO WE ARE

MEET OUR PEOPLE

Pettinaro is a family-owned and operated full-service vertically integrated real estate company based in Newport, Delaware. The company was founded in 1965 by Verino Pettinaro, who based the construction company out of his garage. Pettinaro has grown tremendously over the years and now owns and operates properties in Delaware, Pennsylvania and Maryland. Since 2005, the company has been under the leadership of Verino’s son, Gregory Pettinaro. The Pettinaro companies currently employ 42 individuals.

ABOUT US

WHO
WE ARE

Pettinaro is a family-owned and operated full-service vertically integrated real estate company based in Newport, Delaware. The company was founded in 1965 by Verino Pettinaro, who based the construction company out of his garage. Pettinaro has grown tremendously over the years and now owns and operates properties in Delaware, Pennsylvania and Maryland. Since 2005, the company has been under the leadership of Verino’s son, Gregory Pettinaro. The Pettinaro companies currently employ 58 individuals.

MEEET OUR PEOPLE

Video Transcript

[Video Start]
[English]

I remember when I was governor, we started to do something on the riverfront to actually transform an abandoned industrial wasteland on the Christina Riverfront into something that’s really beautiful and magical today where thousands of people live and, and work. Verino was president at the creation and turned out to be a great partner. That is the type of individual Verino is, he knows that there’s something that needs to be done and he does it . Verino’s word was his bond and it still is today. Uh, his son Greg emulates that as well. I mean, some people have said that Reno is, you know, he, he, he has the Midas touch.

I mean, everything he touches, um, seems to work out. You know, nobody sees the projects that didn’t work out. Nobody sees the, the ones that they were complete failures. Um, it’s easy to look back in hindsight. Uh, I don’t think the company could have been successful as it is today if it wasn’t for his, his entrepreneurial spirit and his tenacity not to let things go.

He is, uh, he is a stickler for never saying no. Um, he believes in his heart that he can convince people not, not to do exactly what he wants, but he can convince people that what he wants to do is the right thing to do. And, and most of the time he’s right. Since I’ve been here nearly 25 years, there’s some magic here.

Um, Verino is a very, very big part of that. Um, what I’ve learned from him is immeasurable. I watched him practice the things that I learned in school, yet he never had the formal education in it. He’s just that sharp. He’s so observant and picks up on things that most people don’t. He’s self-educated.

Well, I love Verino. Love Midge, and, uh, treasure those days of transforming, uh, the, uh, really ugly riverfront that nobody could even get to, can even get to the river, to what it is today. I’d like to say congratulations to my father. I think it’s an honor to be, uh, to be recognized for what you have done to the state of Delaware for which you have created for your family.
This, this building, these people, it’s all an extension of Verino. Verino and Midge. First of all, congratulations on all your achievements. I wish you good health, happiness, and most importantly, as the Italians would say, I wish you long life, chin don.

[Video End]

PETTINARO

VERINO’S VISION

Over the past 60 years, Pettinaro has made a major impact on the landscape in Delaware by revitalizing old, tired properties into exclusive places to work and live. Pettinaro has continued to grow its diverse portfolio through acquisitions and development while remaining a one-stop-shop for leasing, property management, and construction.

PETTINARO

Verino’s Vision

Over the past 50 years, Pettinaro has made a major impact on the landscape in Delaware by revitalizing old, tired properties into exclusive places to work and live. Pettinaro has continued to grow its diverse portfolio through acquisitions and development while remaining a one-stop-shop for leasing, property management, and construction.

Video Transcript

[Video Start]
[English]

I remember when I was governor, we started to do something on the riverfront to actually transform an abandoned industrial wasteland on the Christina Riverfront into something that’s really beautiful and magical today where thousands of people live and, and work. Verino was president at the creation and turned out to be a great partner. That is the type of individual Verino is, he knows that there’s something that needs to be done and he does it . Verino’s word was his bond and it still is today. Uh, his son Greg emulates that as well. I mean, some people have said that Reno is, you know, he, he, he has the Midas touch.

I mean, everything he touches, um, seems to work out. You know, nobody sees the projects that didn’t work out. Nobody sees the, the ones that they were complete failures. Um, it’s easy to look back in hindsight. Uh, I don’t think the company could have been successful as it is today if it wasn’t for his, his entrepreneurial spirit and his tenacity not to let things go.

He is, uh, he is a stickler for never saying no. Um, he believes in his heart that he can convince people not, not to do exactly what he wants, but he can convince people that what he wants to do is the right thing to do. And, and most of the time he’s right. Since I’ve been here nearly 25 years, there’s some magic here.

Um, Verino is a very, very big part of that. Um, what I’ve learned from him is immeasurable. I watched him practice the things that I learned in school, yet he never had the formal education in it. He’s just that sharp. He’s so observant and picks up on things that most people don’t. He’s self-educated.

Well, I love Verino. Love Midge, and, uh, treasure those days of transforming, uh, the, uh, really ugly riverfront that nobody could even get to, can even get to the river, to what it is today. I’d like to say congratulations to my father. I think it’s an honor to be, uh, to be recognized for what you have done to the state of Delaware for which you have created for your family.
This, this building, these people, it’s all an extension of Verino. Verino and Midge. First of all, congratulations on all your achievements. I wish you good health, happiness, and most importantly, as the Italians would say, I wish you long life, chin don.

[Video End]

PETTINARO MANAGMENT, LLC

OUR COMPANY

RESIDENTIAL

Pettinaro Residential, LLC, which owns more than 3,000 existing apartment homes located in Delaware and Maryland, is now managed by Buccini Pollin Group under Reside BPG. With the increased demand for multi-family housing, several of these communities are planning to undergo expansions, adding several hundred apartments to the residential portfolio.

COMMERCIAL

Pettinaro’s commercial portfolio consists of retail, office, mixed-use, industrial, and land properties totaling over 3.5 million square feet. Additionally, landholdings are available for build-to-suit opportunities of up to 2 million additional approved square feet. Pettinaro Management, LLC strives to provide the highest level of customer service to over 450 tenants across the portfolio.

Commercial Property Management

Pettinaro, along with our partner CBRE work diligently to provide an extraordinary level of customer service to each and every one of our more than 450 tenants.  In addition, it is our goal to maintain our properties to the highest standards to ensure all our properties provide for a premier setting and location for our tenants.

CONSTRUCTION

Pettinaro’s award-winning in-house architecture and construction division, Pettinaro Construction Company, Inc. (PCCI), provides support across the portfolio. Designing and constructing both commercial and residential structures, PCCI works directly with our customers to execute customized construction tailored to their needs.

OUR PEOPLE

CORPORATE LEADERSHIP

Gregory Pettinaro

Chief Executive Officer

Michael R. Walsh

Chief Operating Officer

Colleen Bradley

Chief Financial Officer

Robert Coulman

President

David H. Crowley

Director of Operations

William T. Netta, R.A.

Vice President

Harold I. Salmons III, Esq.

General Counsel

commercial leasing

Timothy “TJ” Spencer, CCIM

Director of Retail Leasing

Matt Guers

Director of Office Leasing

Gregory Pettinaro

Chief Executive Officer

Pettinaro Company was founded in 1965 and is a second-generation real estate development firm. As the company’s CEO, Gregory is responsible for the overall direction of Pettinaro.

A commercial real estate professional with over 30 years of experience, Gregory has developed and implemented a vision and strategic business plan to ensure that Pettinaro maintains its leadership position in the Delaware real estate community.

After attending Lynn University in Boca Raton, Florida, and the University of Delaware, Gregory joined Pettinaro in 1986. Working side-by-side with visionary and company founder Verino Pettinaro, he learned the business of in-house construction, commercial leasing, and acquisitions.

Currently, Gregory serves on the board of Delaware Wild Land and the board of the Rodney Street Tennis and Tutoring Association. Gregory is actively involved in Ducks Unlimited and The Michael J. Fox Foundation for Parkinson’s Research. Gregory resides in Montchanin, Delaware with his wife and three daughters.

Michael R. Walsh

Chief Operating Officer

Mike joined Pettinaro Construction Company in the Fall of 1989 as an Assistant Project Manager. In the years following, he served as a Project Manager, Vice President, and President of Pettinaro Construction Company, Inc. and was then promoted to Chief Operating Officer. While experienced in various construction types including rental and high-end multi-family residential, small and large scale office, retail, and public road and utility infrastructure, Mike’s passion lies in adaptive reuse projects. He strongly believes in quality, as well as cost-efficient design and construction, and strives to constantly improve each of these with every new project.

As Chief Operating Officer of Pettinaro, Mike is responsible for the day-to-day operating activities which include development planning for all commercial and residential projects, internal company operations, and supporting the CEO in maintaining a healthy corporate culture. Mike is supported by a team of outstanding department heads who all play an important role in the growth of the company.

Mike graduated from the University of Delaware in 1989 with a Bachelor of Arts in Economics. Following the completion of his degree, Mike obtained his real estate license before starting at Pettinaro.

When he is not at work, Mike enjoys spending time with his wife and three children in a variety of outdoor activities.

COLLEEN BRADLEY

Chief Financial Officer

Colleen graduated with her bachelor’s degree with a major in Accounting from Neumann University. After graduating, Colleen began her career at Artisan’s Savings bank where she started as the Assistant Controller and worked her way up to the CFO position. While working at Artisan’s, Colleen continued her education at Widener University and initially pursued an MBA with a concentration in accounting, but after managing a $150 million investment portfolio and performing proforma scenarios, she transitioned and graduated with a major in finance.

Colleen always has had a deep respect and appreciation for education and an opportunity presented itself at Westtown School, a private PK-12 grade boarding school. Colleen moved on and began working with a bank to raise money for a capital project. She quickly became engaged and learned the finances and operations associated with a boarding school. Eventually Colleen became the CFO at the school and continued her career at West Chester University, Upland Country Day School, St. Edmond’s Academy, and lastly, Odyssey Charter School as the Manager of Finance and Payroll.

From a family perspective, Colleen was blessed to be born into a family of 11 including her parents. She was the middle child and as she describes she was old enough to babysit her youngest 4 siblings, but not old or cool enough to hang out with her 4 oldest siblings. She married her husband Chris in 1989 (who is from a family of 10 including his parents) and they have 4 sons Christopher (28), Timothy (23), Daniel (20) and Brian (18). As one can imagine there is no such thing as a small celebration at the Bradley’s’!

Robert Coulman

Director of Asset Management

Robert Coulman comes to Pettinaro with 29 years of commercial real estate experience. Robert is a native of the United Kingdom. He first moved to the United States to attend Rollins College in Florida on a golf scholarship. After college, he got his start in commercial real estate as an Assistant Property Manager in Dallas, Texas. Robert returned to England where he started his asset management experience. At that time, he also earned the prestigious Member of the Royal Institution of Chartered Surveyors (MRICS) designation. This is an all-encompassing designation that requires a great deal of education and experience to achieve.

He most recently spent the last nine years with PNC Realty Advisors in Washington, DC. His last portfolio was comprised of 3.1 million square feet of office and retail products and 662 multi-family units. He had oversight of 7 third-party leasing teams and third-party property management teams comprised of 20+ personnel. Robert has extensive experience in the leasing of all types of commercial real estate assets. In addition, his overall breadth of experience includes acquisitions, dispositions, development, transactional due diligence, valuations, property management, and asset management. For the past 20 years, Robert has resided in Maryland with his wife and three daughters.

DAVID H. CROWLEY

Director of Operations

David joined Pettinaro in 1993. His responsibilities include daily office operations of the insurance department as well as vendor payment processing.

David obtained his Real Estate license in 1986 and is the Broker of Record for Pettinaro & Associates, Inc. He also holds a Delaware Automobile Dealers license and runs HighLine Autos, LLC.

David is actively involved in The Michael J. Fox Foundation for Parkinson’s Research and a number of other charities along with his wife, Tracy.

WILLIAM T. NETTA, R.A.

Vice President

Bill joined Pettinaro in 2005 bringing 30 years of experience in the field of architecture, construction, and professional registration in Delaware, Maryland, and Pennsylvania. He oversees the architecture department and is responsible for all aspects of design projects. To date, he is responsible for the design of a dozen minor league baseball stadiums; several million square feet of office facilities; and many retail, housing, and educational facilities. He continues to receive accolades for his work, including numerous design and construction awards.

Bill's projects have ranged from small retail "mom and pops" to 250K SF Class 'A' office buildings as well as 6,000 seat baseball stadium for Cal Ripken, Jr. He is customer service oriented and prides himself on the quality and timeliness of his finished products.

Bill graduated cum laude from Spring Garden College with a Bachelor of Science degree in Architecture. During that time he was awarded multiple professional and interscholastic design awards.

An active community volunteer, Bill has worked for Habitat for Humanity, Special Olympics Delaware, and has served on the technical advisory committee for the Brandywine School District STEM (Science, Technology, Engineering & Math) program. 

HAROLD I. SALMONS III, ESQ.

General Counsel

Hal has been practicing law in the commercial and transactional fields since 1987. Hal joined Pettinaro in 2008 and is responsible for all real estate legal matters, including lease negotiations, financial structuring and tax proceedings.

Hal was born and raised in Wilmington Delaware and graduated from Wilmington Friends School in 1979. He graduated with a BA in Business and Political Science from Gettysburg College in 1983 and from The Dickinson School of Law, cum laude, in 1986. He is a member of the Dickinson Law Review.

Hal is a member of Ducks Unlimited and was once a trustee for the Nature Conservancy.

Timothy “TJ” Spencer, CCIM

Director of Retail Leasing

In his role with Pettinaro, TJ is responsible for leasing Pettinaro’s retail portfolio to include approximately 2 million square feet of existing retail space, various PAD sites and development opportunities. He started in the commercial real estate industry in 2012 at Swope Lees Commercial Real Estate where he specialized in commercial real estate sales and leasing transactions in the Philadelphia Suburbs. During his career in commercial real estate, TJ has had much success in initiating and finalizing many sales and leasing transactions throughout various property types.

He earned the CCIM (Certified Commercial Investment Member) designation from the CCIM Institute in March 2015 and is an active member of the PA/NJ/DE Chapter. TJ is also a member of the Commercial Industrial Real Estate Council (CIRC) of New Castle County, Delaware and the International Council of Shopping Centers (ICSC).

TJ attended West Chester University of Pennsylvania where he graduated with a Bachelor of Science in Business Management and Administration and a minor in Business Geographic Systems. He currently resides in downtown Wilmington, Delaware where he enjoys the fantastic restaurant scene. TJ is also an avid sports fan and enjoys traveling and playing golf in his free time.

MATT GUERS

Director of Office Leasing

In his role with Pettinaro, Matt is responsible for the leasing of Pettinaro’s existing office and industrial portfolio.

He has worked in the commercial real estate industry since 2002, having first started as a market researcher. Then, Matt became industrial and office leasing broker working primarily in Southern/Central New Jersey on behalf of various Landlords and tenant clients. In addition, Matt has extensive experience working for different Owner/Developers as a Director of Real Estate Development, Leasing Director and as Asset Manager.

His diversified experience within the commercial real estate industry over 20+ years provides him with a unique ability to view negotiations and transactions from multiple vantage points, which is extremely helpful in closing transactions and achieving results.

Matt holds real estate salesperson licenses in New Jersey and Pennsylvania. He is a member of the Commercial Industrial Real Estate Council (CIRC) in Delaware.

He lives in Gloucester Township in Southern New Jersey, where in his spare time he enjoys activities with his wife, two sons, daughter, and two mixed breed dogs. On rare occasions, when time allows, he enjoys a round of golf having once competed as a junior golfer in regional tournaments and the family enjoys brief summertime trips to the Jersey Shore.