Aquisitions & Asset Management Advisory
Frank M. Micali, CCIM
Capitalize 360 Group LLC
156 New Britain Ave, 2nd Floor
Rocky Hill, CT 06067
Office: (860) 436-3131
Netz USA LLC aquisition and asset advirsory team is lead by Frank M. Micali, CCIM. Mr. Micali previously founded Capitalize 360 Group after his tenure as Chief Operating Officer of the New Haven, Connecticut-based CSM & Companies. Known for his integrity, expertise and passion as well as for his exceptional dexterity in commercial real estate dealings, Mr. Micali possesses over 25 years of experience in commercial real estate investments, leasing, management and development. Since the early 1990s, he has successfully completed over a billion dollars worth of transactions in retail, office, multifamily, investments, leasing and development projects across a broad range of industries as well as for a select clientele and partners. Mr. Micali is the asset management and acquisition advisor to Netz USA LLC, an International Joint Venture Equity Fund inclusive of an Israeli publicly traded company. The venture has approximately $100,000,000 in US assets concentrated along the east coast. The company endeavors to aquire $150,000,000 in commercial real estate assets 2014-15.
As COO of CSM he was responsible for marketing, leasing, development and investment operations of the $200 million privately funded development real estate company. Mr. Micali managed the day-to-day acquisitions, financing, leasing and positioning of company assets. CSM owns 25 properties in 10 cities in four states, with more than $60 million in construction throughout 2008-2009. Projects included both adaptive reuse conversions and new construction for residential and mixed use properties.
Prior to CSM, Mr. Micali was Vice President of C.A. White, Inc., a commercial real estate development, brokerage and consulting firm based in New Haven, Connecticut. C.A. White owns and manages approximately 2 million square feet of retail, office and residential apartment buildings in Connecticut and New York City. As head of the commercial real estate division at C.A. White, Inc., he was responsible for maximizing strategic wealth of C.A. White's extensive portfolio. While Vice President, he was instrumental in many high profile transactions including the inhouse $15 million development, conversion and rehab of a former downtown New Haven office building into 85 high-end residential apartment units and 17,000 square feet of street retail space anchored my Citi-Bank.
A recognized leader in the real estate industry and a participant in many professional organizations, Mr. Micali served as the distinguished Regional Vice President of the Commercial Real Estate Investment Institute (CCIM.com), the leading national industry organization and an affiliate of National Association of Realtors (NAR). He was in charge of the oversight of the CCIM Chapters in CT, MA, NH, NYC, NJ, and NY. He is past president of the Connecticut chapter of the Commercial Real Estate Investment Institute (CCIM) Mr. Micali remains on the board of directors for the CT Chapter. He is also past chairman of the Commercial Investment Division (CID) of the New Haven County Real Estate Board.
A frequent industry spokesperson in local and national media, Mr. Micali is a sought after resource on Connecticut real estate and economic development issues. He is also the author of numerous commercial real estate articles, including a monthly column in Connecticut Business Magazine and is regularly invited to share his views and expertise on the radio, at industry conferences and government panels. Mr. Micali was a key speaker at the Connecticut Conference on Housing and Commercial Real Estate hosted by the University of Connecticut as well as a participant on numerous industry panels including the annual State of the State Address in Commercial Real Estate presented by the Real Estate Exchange counsel. He also participated as an expert witness on Connecticut's Transportation Strategy Board, a special board created under former Gov. John G. Rowland. Mr. Micali was also
Shortlist of Noteworthy Transactions
Aquired over $50 million recently in Miami Fl of Office Building. Procured, advised and represented the investment team that financed and developed "Franklin Hills Country Club and Estates," a proposed golf course and residential project that required the aquisition of more than 500 acres of land.Consultant in Land/Asset positioning to Mystic Entertainment Co., Inc., a sister company to Mystic Aquarium Institute for Exploration, one of the largest tourist attraction in Connecticut.Completed high-value leases including creating outdoor patios in two major CT malls with the leading national public real estate companies Westfield America and General Growth properties. Developed a 32-unit residential apartment complex that included acquisition, construction, subdivision and disposition. The project returned a 33% ROI for the principals, one of whom was Mr. Micali. Completed a long term credit anchor lease with Citi-Bank USA for a branch and office space. This lease was instrumental in solidifying a $15 million project.Completed multible significant office leases with Yale University including a complex build to suit hybrid office/restoration/Lab space for rare books and papers of the world-renowned Beinecke Rare Book & Manuscript Library.Represented Yale University on the purchase of a 160,000 square foot office property and completed a lease with the Yale Cancer Center.Consultant to a prominent family on a highest and best use analysis of a family owned land parcel; successfully created a strategic development plan that included a rezone of the property adding $6 million in incremental value.Represented a high net worth family in sucessfully completing an IRS 1031 Tax Exchange purchase of two retail properties in Florida and Georgia for $7 million saving client approximately $1 million in federal taxes.Advised in the acquisition, disposition and development of over 10,000 residential apartment units.Involved in numerous multifamily, office properties and retail property sales and acquisition including a 180,000 Square foot Shopping Center, 3-building packaged downtown office portfolio, single tenant and multi tenant deals in multiple states across the US.
Short list of previous clients and completed transactions
Deloitte & Touche, Yale University, Curagen Corporation, General Motors, Chili's, Bennigans, Mystic Entertainment, AT&T, Wilcare, South Florida Multi Specialty Group, United Way, Mystic Aquarium and the Institute for Exploration, JP Morgan Chase Bank, Gibraltar Bank, Citi-Bank, Miami Foot & Ankle, Verizon, T-Mobile, Eemax, Firestone Corporate, Nationwide Insurance, Eemax Inc, Black & Decker, State of Connecticut, SBC, Matthews Ventures, Choice One Communications, Mystic Aquarium, West Marine, Urban Brands, Kinko's, Alpha Graphics, Super Clubs, Cosi, Corporate Image, and many other private firms, investors and companies.