Joseph
Mersel

Joe began his career in commercial real estate in 1958, obtained his brokers license in 1959 and began his own firm, Metro Realty, in 1960. He merged with S.L. Nusbaum Realty Co. in 1966. In addition to brokering thousands of transactions over the years, he has also developed numerous Shopping Center and Multifamily Projects in Virginia, Maryland and North Carolina. His level of accomplishment and experience is unparalleled in the commercial real estate community.

OVERVIEW

Of Joe’s many successes, he holds the honor of completing the largest single transaction in the over 100 year history of S.L. Nusbaum Realty Co. to-date, the $242,000,000 sale of a group of shopping centers containing 2.5 million square feet in the Ft. Lauderdale area of Florida. In total, Joe has completed transactions totaling in the billions of dollars and he continues to break both company and industry records year after year.

SELECT TRANSACTION EXPERIENCE

• $106,500,000: Coventry Mall, Pennsylvania
• $93,465,000: 8 Shopping Center Sale
• $70,000,000: Brandywine Crossing & Rosewick Crossing Shopping Centers, Maryland
• $54,000,000: Fort Steuben Mall Shopping Center, Ohio
• $33,750,000: Trexler Mall Shopping Center, Pennsylvania
• $25,580,000: Dreamland Shopping Center, North Carolina
• $20,625,000: Aventine Apartments, California
• $19,300,000: The Colonnades West Shopping Center, Virginia

PROFESSIONAL AFFILIATIONS & ACCREDITATIONS

• Commercial Real Estate Council of Hampton Roads – Multiple Deal of the Year Awards Recipient
• Hunter A. Hogan, Jr. Top Commercial Real Estate Production Award Recipient
• Virginia Real Estate Broker
• Old Dominion University – Athletic Foundation Board Member
• Worldwide Who’s Who Honored Member

EDUCATION

•  B.S. in  Marketing—University of Richmond