Tom Stern – President
Tom has been active in retail, office and investment real estate since 1967 and has been involved in the development of more than 500,000 square feet of retail properties. In addition, Tom has participated in the purchase/sale of more than $500 million of real estate and has arranged financing for more than $750 million worth of properties.
Tom served as Executive Chairman of Gershman Commercial Real Estate from 2013 until October 2022 when he became Chairman Emeritus in recognition of his 50 years of distinguished service to the company.
His current focus is overseeing the asset management services across the portfolio of retail and office properties owned by the Gershman family in the St. Louis region.
Bruce Brophy, CCIM, RPA – Executive Vice President, Asset Management
Bruce joined Gershman Commercial Real Estate in 2011 and currently serves as an Executive Vice President overseeing asset management services across the 1+ million square foot retail/office portfolio owned by the Gershman family in the St. Louis region. He was previously a principal of Coldwell Banker Commercial CRA LLC. Under his supervision, the management division provided management and maintenance services, as well as leasing and construction activities. In addition, Bruce was actively involved in overall operations of the firm.
Bruce has enjoyed the opportunity to represent many institutional and local owners in all aspects of commercial real estate management and brokerage. During his career, he has overseen the management and leasing of notable high rise office buildings such as Pierre Laclede Center and Gateway Tower, and has supervised the management of a wide variety of retail, industrial, and office assets acrossthe St. Louis area. He also led the development of Safety National’s corporate headquarters in Maryland Heights along with their expansion into other markets across the country.
What we are:
- A private company whose executives are accessible and responsive
- Focused on specific income-producing property throughout the St. Louis metropolitan area
- Respectful of your privacy and deal in the strictest of confidence
What we aren’t:
- Not setting up a blind money pool to acquire real estate
- Not a market-timed short term buyer
- Not in competition with Wall Street centric funds
WHAT WE ARE SEEKING
- Looking to invest in similar real estate opportunities
- Interested in a limited liability interest in single real estate assets
- Seeking sound underwriting, validated by third part sources
- Staggered lease expiration mitigating risk
- Well established locations within the St Louis Metropolitan Area
- Value add opportunities that can be repositioned in the market
OUR MOST RECENT PROJECTS
One Chesterfield Place
Woods Mill Office Center
OTHER PROPERTIES IN OUR PORTFOLIO
Old Town Office Portfolio
Old Town is a 184,000 square foot, 3-building office portfolio located in Clayton.
8151 Clayton Road
8151 Clayton Road is a 32,000 square foot office building located in Clayton.
10 North Hanley Road
10 N. Hanley Road is a 33,000 square foot office building located in Clayton.
2 North Central Avenue
2 North Central Avenue is a 8,100 square foot retail storefront building located in Clayton.
Westgate Shopping Center
12340-12392 Olive Street is a 60,000 square foot neighborhood retail center located in Creve Coeur.
Olive Arcade Plaza
12915-13029 Olive Boulevard is a 59,000 square foot neighborhood retail center located in Creve Coeur.
14815-14855 Clayton Road is a 28,000 square foot neighborhood retail center located in Chesterfield.
11-79 Forum Center is a 34,300 square foot neighborhood retail center located in Chesterfield.
We are in the market. We are interested in development opportunities and would seriously consider purchasing any real estate in the major St. Louis metropolitan area. One of the first steps is to execute a signed Confidentiality Agreement. Then, we have a downloadable checklist of information we require before proceeding. CLICK HERE>>
Gershman Commercial Equities, LLC
150 N Meramec Ave., Suite 500
St. Louis, MO 63105