Namdar Realty Group - Great Neck, NY
150 Great Neck Rd Suite 304 Great Neck, NY 11021 (516) 773-0010
Namdar Realty Group is a privately held commercial real estate investment and management firm that directly owns and operates properties across 37 states. Founded in 1999 by Igal Namdar with a small retail strip acquisition on Long Island, the firm has expanded into one of the larger retail landlords in the United States. The company manages over 80 million square feet comprising 381 properties spanning retail, office, multifamily, and mixed-use assets. The firm focuses on acquiring Class B and Class C shopping malls and retail properties in small-to-midsize markets. Namdar frequently partners with Mason Asset Management on transactions, with additional partnerships including Uber Capital Group, Gorjian Acquisitions, and CH Capital Group. The firm secures investment capital through bonds on the Tel Aviv Stock Exchange. The portfolio features 178 retail properties totaling 58 million square feet, 28 office buildings at 10 million square feet, 134 multifamily and mixed-use properties at 8.6 million square feet, and 41 other property types totaling 4 million square feet. Retail tenants include Walmart, Walgreens, Saks Fifth Avenue, and Hudson's Bay Company, while office holdings include Microsoft and Amazon. The firm operates as a vertically integrated organization with in-house acquisitions, leasing, finance, property management, and asset management teams.
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