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David Winstanley

PRINCIPAL

Biography
David Winstanley, a founder of Winstanley Enterprises, has over 45 years of real estate development experience across a broad range of commercial property types, including multi-story and flex office, retail, industrial, warehouse and residential. He has acquired or developed over 100 properties representing in excess of 14 million square feet. In addition, he has also planned and developed nearly 3,500 acres of land for a variety of retail, manufacturing, multi-family and industrial companies, including EMC Corporation; Genzyme Corporation; CVS Corporation; The Home Depot, Inc.; The Stop & Shop Supermarket Company; The TJX Companies, Inc.; Pepperidge Farm, Inc.; Digital Equipment Corp.; ADVO, Inc.; and ABB, Inc.

Summary of Experience
Prior to co-founding Winstanley Enterprises in 1990, Mr. Winstanley formed Winstanley Associates in 1973, where he focused on commercial, residential and industrial real estate development.

Education
Mr. Winstanley holds a B.S. in mathematics and chemistry from Bowling Green State University.

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Carter Winstanley

PRINCIPAL

Biography
Carter Winstanley, a principal of Winstanley Enterprises since 1992, has nearly 25 years of real estate development experience. He has developed a wide range of commercial real estate product types, with a particular expertise in the lab/biotech/technology space. Since the late 1990s, Mr. Winstanley has acquired and redeveloped over 4 million square feet of commercial real estate worth approximately $525 million. In New Haven, CT, alone, Mr. Winstanley has acquired and redeveloped over 2 million square feet of commercial real estate, including the acquisition and renovation of the 518,000-square-foot former Southern New England Telephone building into one of Connecticut’s leading and most flexible biotech facilities. Mr. Winstanley also built 100 College Street, a new-construction 513,000 SF Class-A, life sciences building for Alexion Pharmaceuticals, which in conjunction with 300 George Street solidifies New Haven as the cornerstone of the State of Connecticut’s life sciences industry.

Summary of Experience
In late 2007, Mr. Winstanley commenced a multi-year redevelopment initiative in the Science Park neighborhood in New Haven, CT. Starting with 25 Science Park (266,000 SF), Mr. Winstanley completed over 600,000 square feet of rehabilitation projects that also included 344 Winchester Avenue (230,000 SF) and 275 Winchester Avenue (130,000 SF). Following the completion of extensive interior and exterior renovations, these buildings now serve the needs of companies including Higher One, Pepsi Life Science and Yale University.

In 2008, Mr. Winstanley conceived a project to reconnect New Haven’s downtown with the medical district and neighborhoods east of Route 34 by replacing the existing highway system with a series of Urban Boulevards. This multi-phased development, referred to as “Downtown Crossing,” became a public-private partnership between the Federal Department of Transportation, the State of Connecticut, the City of New Haven and Winstanley Enterprises. Fully developed, Downtown Crossing will reclaim 12 acres of land in the middle of New Haven’s life sciences district. In 2015, Mr. Winstanley completed the first phase of the project with the construction of a 513,000 SF Class-A life sciences building for Alexion Pharmaceuticals, an 850-car parking garage with a rooftop garden, and associated public improvements to the local roadways. He continues to work on developing additional life science opportunities in Downtown Crossing and throughout New England.

Additional Experience
Prior to joining Winstanley Enterprises, Mr. Winstanley was a commercial mortgage broker for Fowler, Goedecke, Ellis, & O’Connor in Boston.

Education
Mr. Winstanley holds a B.A. from Colgate University.

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Adam Winstanley

PRINCIPAL

Biography
Adam Winstanley, a founder of Winstanley Enterprises, has 27 years of experiene in real estate acquisition, development, finance, construction, leasing, asset management and disposition. Since co-founding Winstanley Enterprises in 1990, Mr. Winstanley has acquired and redeveloped over 60 projects worth approximately $750 million, including outlet shopping centers, shopping centers, multi-story office, flexible office and research and development properties, warehousing and distribution centers, biotech and medical facilities, residential buildings, and land development.

Summary of Retail Experience
Notable projects include the acquisition and redevelopment of the 410,000-square-foot Superior Electric facility in Bristol, CT, from a vacant manufacturing plant to a multi-tenant office facility, now 100% leased to ESPN; the acquisition and redevelopment of 239 West Service Road into a 425,000 SF specialty metals recycling center, net leased to SIMS Metal Management Corporation; and the $91 million acquisition of six Pathmark Supermarket–anchored shopping centers in Delaware, New Jersey, Philadelphia and New York. Other projects include the acquisition and redevelopment of Chelmsford Town Center, in Chelmsford, MA; Tri-Town Commons in Stoughton, MA; the Rhode Island Mall in Warwick, RI; the de-malling of the failed 300,000 SF Norwichtown Mall in Norwich, CT, into a vibrant, fully leased 165,000 SF open-air center anchored by a 75,000 SF Stop & Shop. Recent new construction projects include the 75,000 SF Elmwood Plaza anchored by Stop & Shop in West Hartford, CT; and current projects include the recent acquisition and pending redevelopment of the 283,000 SF Shoppes at Burr Corner in Manchester, CT, and Wonderland Marketplace in Revere, MA.

Mr. Winstanley has negotiated and executed over 80 leases for 6.5 million square feet with such companies as ESPN, Inc.; Perrier/Nestle; Restaurant Depot; Danaher Corporation S.A.; Coherent Laser, Inc.; Rite Aid; Connecticut Culinary Institute/Lincoln Education; SIMS Metal Management Ltd.; Golfer’s Warehouse; OneBeacon Insurance; The Stop & Shop Supermarket Company; New Chapter, Inc.; Sycamore Networks; Pathmark Supermarkets; Alexion Pharmaceuticals, Inc.; Arch Chemicals, Inc.; Jeld-Wen, Inc.; CVS Corporation; CiDRA Corporation; ShopRite/ Price Rite/ Wakefern Supermarkets; General Services Administration; Big Lots; Menck USA; Marshalls; Andiamo Restaurant; Choice Fitness; and Holden Humphrey.

Additional Experience
Prior to forming Winstanley Enterprises, Mr. Winstanley worked in commercial mortgage brokerage at Income Property Finance Corporation in Portland, Maine.

Memberships
Mr. Winstanley is a member of the Board of Trustees for Fenn School in Concord, MA.

Education
Mr. Winstanley holds a B.A. from Denison University.

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Demian Gage

CHIEF FINANCIAL OFFICER

Biography
Mr. Gage joined Winstanley Enterprises as Chief Financial Officer in 2002. In this capacity, he is primarily responsible for all financial aspects of the organization, including property capitalization, debt structuring and negotiations, and investor relations, as well as property divestitures, information technology and human resources.

Summary of Experience
Before joining Winstanley Enterprises, Mr. Gage worked for Stonebridge Associates, LLC, a Boston-based boutique investment bank, where he was a Vice President involved in mergers and acquisitions as well as private placements of debt and equity securities for companies across a broad range of industries. Prior to Stonebridge, Mr. Gage worked in investment banking for Salomon Brothers, Inc., and in corporate banking at Credit Suisse.

Education
Mr. Gage holds a B.A. in Economics from Colgate University and an M.B.A. from the MIT Sloan School of Management.

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Barbara Green

SENIOR VICE PRESIDENT / ASSET MANAGER

Biography
Ms. Green has over 28 years of commercial real estate finance and asset management experience across all property types. As SVP, she is primarily responsible for asset management, leasing, contract negotiations and property acquisitions. Ms. Green joined Winstanley Enterprises in 1996 as Winstanley’s Chief Financial Officer, and has since served as Chief Operating Officer and Senior Vice President.

Additional Experience
Prior to joining Winstanley Enterprises, Ms. Green worked for The Prudential Realty Group as Vice President and asset manager for over $1.3 billion in real estate investments throughout the Northeast. Her responsibilities included development, acquisition, operations, leasing, financing and disposition for numerous urban high-rise office buildings, mixed-use complexes, suburban corporate campuses, as well as a role in the $500 million redevelopment of Prudential Center in Boston.

Education
Ms. Green holds a Bachelor of Arts from Providence College and a Masters in Business Administration from the Harvard Graduate School of Business Administration.

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Ken Grant

SENIOR VICE PRESIDENT (WPM)

Biography
Mr. Grant joined Winstanley Enterprises as Vice President of Asset Services in 2002, where he manages Winstanley’s Property Management Company and is a member of the property acquisition due diligence team. Mr. Grant is involved in conceptual planning, transitional oversight from construction to operations, services contracting, bulk purchasing of utilities, investigating LEED technologies for implementation, capital planning and income and expense budgeting. Since joining Winstanley, Ken has integrated operations between Winstanley’s Property Management, Construction Management and Accounting groups. He evaluates and restructures staffing levels and establishes accountability practices to ensure efficient and cost effective property operations.

Additional Experience
Prior to joining Winstanley Enterprises, Mr. Grant was a Vice President for Trammell Crow Company, where he managed a wide variety of third-party office, biomedical research, corporate facilities and integrated systems for tenants including Agilent Technologies, Inc., The Travelers, and Harvard Medical School. He also spent nine years in the United States Navy, the last three years as Chief Engineer aboard the USS Thomas C. Hart.

Education
Mr. Grant holds a Bachelor of Science from the Massachusetts Maritime Academy and a Masters of Business Administration from the University of Rhode Island.

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Eric Nelson

VICE PRESIDENT / ASSET MANAGER

Biography
Mr. Nelson joined Winstanley Enterprises in 2010 as Vice President. His areas of responsibility include all areas of the commercial real estate investment life cycle – acquisition, development, asset management, leasing and disposition as well as the company’s sustainable energy initiatives. He has over 20 years of commercial real estate investment experience across office, retail and industrial product types.

Additional Experience
Prior to joining Winstanley Enterprises, Mr. Nelson was Vice President and Director of Acquisitions for the Bulfinch Companies, Inc. as well as a Vice President in the Capital Transactions Group of Lend Lease Real Estate Investments, Inc. and its predecessor company Equitable Real Estate. Prior to that, Mr. Nelson began his real estate career at Copley Real Estate Advisors. Over the course of his career, Mr. Nelson has acquired, financed, leased or sold over $1 billion of commercial real estate, totaling over 5 million square feet including such notable projects as Trapelo Corporate Center (Waltham office) and 33 Arch Street (Boston office).

He is an active member of NAIOP, the Real Estate Investment Advisory Council (REIAC), the Harvard Real Estate Alumni Organization, and the Massachusetts Bar. Mr. Nelson is also a former member and a past President of he Board of the Real Estate Finance Association (past President).

Education
Mr. Nelson graduated from Harvard University with an A.B. in Government and earned his J.D. from Suffolk University as well as his M.B.A. from the F.W. Olin Graduate School of Business at Babson College.

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Tracy Billig

CONTROLLER

Biography
Ms. Billig, a certified public accountant, joined Winstanley Enterprises as Controller in 2013. She brings over 25 years of experience including expertise with commercial, residential, construction, association and investment accounting. As Controller, she is primarily responsible for portfolio, corporate, construction and budget accounting services.

Additional Experience
Prior to joining Winstanley Enterprises, Ms. Billig was controller for Realty Financial Partners, a real estate investment company with over 50 nationwide investments and investors ranging from institutional to multi-participant LLCs. Her responsibilities included managing all facets of the partnerships from inception to tax planning for liquidation as well as the audit for the funds. She also has extensive financial experience with affordable housing tax credit investments, large scale commercial construction and property management, both privately and investor owned.

Education
Ms. Billig holds a Bachelor of Science from the University of Maryland. She is a member of the A.I.C.P.A. where she is recognized with the designation of Chartered Global Management Accountant which is awarded to CPAs who demonstrate business acumen, ethics and commitment. She is also an active member of the Massachusetts Society of C.P.A.s.

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Thomas DeAngelis

VICE PRESIDENT OF CONSTRUCTION MANAGEMENT

Biography
Mr. DeAngelis joined Winstanley Enterprises in 2002 In this capacity, he oversees construction and tenant build-out projects for Winstanley assets, and serves as owner’s representative to manage decision-making and to ensure projects are delivered on time and on budget. Mr. DeAngelis coordinates all elements of the construction process, including concept and design development, contract bidding and negotiations, value engineering, contractor and vendor relations, and construction implementation. He also works closely with Winstanley Property Management during the build-out and delivery of tenant space to create a seamless transition from construction to occupancy, and to establish a foundation for a strong, ongoing tenant relationship.

Summary of Experience
Since joining Winstanley, Mr. DeAngelis has overseen several multi-million dollar projects, including the redevelopment of a 518,000-square-foot building into a leading biotechnology facility, and the redevelopment of the 300-room defunct Hastings Hotel in Hartford, CT, into the state-of-the-art, fully leased headquarters of The Connecticut Culinary Institute and The International School of Hospitality Management.

Additional Experience
Mr. DeAngelis has over 20 years of real estate development experience. Prior to Winstanley and Grubb & Ellis, Mr. DeAngelis worked for Matthew Ventures, where he was responsible for design development, project management, facilities management, and several multi-million-dollar building renovation and tenant build-out projects.

Education
Mr. DeAngelis attended Southern Connecticut State University.