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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 over 27 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 $550 million. In New Haven, CT alone, Mr. Winstanley has acquired and redeveloped over 1.8 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 constructed a 513,000 square foot Class-A , LEED Silver, life sciences building, which in conjunction with the Yale School of Medicine and 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 helped conceive a 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 commenced 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 DOT, State of Connecticut, City of New Haven and Winstanley. At full build, Downtown Crossing will reclaim 12 acres of land in the middle New Haven’s life sciences district. In 2015, Mr. Winstanley completed the construction of a 513,000 square feet LEED Silver, Class-A life sciences building for Alexion Pharmaceuticals. The 100 College Street development, which represents the first phase of the Downtown Crossing project, included improvements to the highway system and is accompanied by an 850 space parking garage with a rooftop garden.

Mr. Winstanley has also worked with universities across the country, including Boston University, the University of Massachusetts, the University of Connecticut, and New York University on similar lab incubator programs. He has also developed telecom/data centers for FT Interactive Data Corp., Conversant Communications and AT&T Corp.

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 28 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 $925 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 Experience
Notable recent projects include the acquisition of the Northeast Logistics Portfolio for $124 million with 10 properties totaling 2.9 MSF, the $26 million redevelopment of the former 1.0 million SF Hallmark Campus in Enfield, CT., into a fully leased distribution center, the $16 million redevelopment of the former 530,000 SF American Standard Building (85 Moosup Pond Road – Plainfield, CT) into a distribution center, the $50 million acquisition of 500 North Street the 1.0 million SF Stop & Shop Distribution center in Windsor Locks, CT., the $30 million acquisition and redevelopment of the failed 300,000 SF Norwichtown Mall into a vibrant fully leased 165,000 SF open-air center anchored by a 75,000 SF Stop & Shop, and the $91 million acquisition of six Pathmark Supermarkets in Delaware, New Jersey, Philadelphia and New York. Recent new construction projects include the 75,000 SF Elmwood Plaza anchored by Stop & Shop in West Hartford and current projects include the recent acquisition and pending redevelopment of the 283,000 SF Shoppes at Burr Corner in Manchester, CT., and the Wonderland Marketplace in Revere, MA.

Mr. Winstanley has negotiated and executed over 85 leases for 8 million square feet with such companies as ESPN, Inc., Perrier/Nestle, Restaurant Depot, Danaher Corporation, Coherent Laser, Inc., Rite Aid, Connecticut Culinary Institute/Lincoln Education, SIMS Metal Management Ltd., Golfer’s Warehouse, OneBeacon Insurance, Stop & Shop Supermarkets, New Chapter Inc., Sycamore Networks, Pathmark Supermarkets, Alexion Pharmaceuticals, Inc., Arch Chemicals, Inc., Jeld-Wen, Inc., CVS Corporation, CiDRA Corporation, Shop Rite/ Price Rite/ Wakefern Supermarkets, GSA, Big Lots, Marshalls, Veritiv Corporation, Arrow Electronics, Plastipak Corporation, Staples Distribution, and At Home Stores.

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, Winstanley Enterprises LLC

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 and equity structuring and negotiations, investor relations, as well as 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, Winstanley Enterprises LLC

Biography
Ms. Green has over 30 years of commercial real estate finance,
development and asset management experience across all
property types.  As  SVP, she is primarily responsible for asset
management, development, leasing, contract negotiations,
tenant relations, and property acquisitions and dispositions.
Ms. Green joined Winstanley Enterprises in 1996 as Chief
Financial Officer and has since served in various roles.

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, Winstanley Property Management LLC

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, Winstanley Enterprises LLC

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, Winstanley Enterprises LLC

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

Senior Vice President, Winstanley Construction Management

Biography
Mr. DeAngelis joined Winstanley in 2002 overseeing the company’s in-house construction management group, Winstanley Construction Management LLC, after working since 2000 for Winstanley as Program Manager through its agent, Grubb & Ellis Management Services, Inc. As SVP, he now oversees construction and tenant build-out projects for Winstanley
assets, and serves as owner’s representative 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 build-out and delivery of tenant space to create a seamless transition from construction to occupancy.

Since joining Winstanley, Mr. DeAngelis has overseen several multi-million dollar projects including the previously described 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.

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.

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Brooke Foley

Vice President, Acquisitions, Winstanley Enterprises LLC

Biography
Ms. Foley joined Winstanley Enterprises in 2017 as Vice President of Acquisitions. She has experience in acquisitions, dispositions, asset management, lending and loan sales. At Winstanley, her primary responsibilities include property acquisitions, lead underwriting, contract negotiations and marketing for the Winstanley Logistics Portfolio’s development pipeline. She has over 20 years of commercial real estate investment experience across a broad array of product types, including office, industrial, retail, multifamily and hospitality assets.

Additional Experience
Prior to joining Winstanley Enterprises, Ms. Foley was Vice President of Asset Management at STAG Industrial as well as Vice President of Trading at The Debt Exchange.  She began her real estate career at CrossHarbor Capital Partners and transitioned into lending at Wells Fargo Bank. Over the course of her career, Ms. Foley has traded over $2.7 billion in real estate secured debt to investors throughout the United States, Latin America and China, and she has asset managed over 9 million square feet of primarily industrial real estate throughout the greater United States.

Education
Ms. Foley holds a B.A. from Boston University.