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Mike Tsakalakis Joins Newcastle Limited* as Vice President, Retail Property Management
CHICAGO – Newcastle Limited is pleased to announce that Mike Tsakalakis has joined the organization as Vice President, Retail Property Management. In this capacity, Tsakalakis will take on the responsibility of overseeing the strategic operations and financial performance of Newcastle's retail portfolio. He will lead the retail team in managing the firm's more than 600,000 square feet of retail space across 60 assets, accommodating 150 retail tenants.
According to Steve Merchant, Newcastle Limited's COO, "Mike brings with him more than three decades of proven experience in commercial real estate, with a particular emphasis on retail assets. He has an impressive track record of operational expertise, and we are thrilled to welcome him aboard as a key member of our team."
Prior to joining Newcastle, Tsakalakis served as Director of Retail Operations with JLL, where he was responsible for facility management and operations for a portfolio of super regional malls, vertical shopping centers and lifestyle centers. Prior to his role at JLL, he was Director, National Operations with Starwood.
Tsakalakis received a Bachelor of Science in Business Administration from the University of Illinois and is a member of the International Council of Shopping Centers.
Newcastle Limited is a real estate investment firm that acquires, develops and owns urban retail and multifamily properties in Chicago. An entrepreneurial investor with institutional backing, the firm can deploy large amounts of capital and close transactions quickly. To learn more about Newcastle, call Michael R. Haney, CEO, at (312) 252-1401 or visit the company's website at newcastlelimited.com.