Thursday, May 9, 2019

Endurance hires Guy Wolfington as Vice President of Development

For More Information

Brian Evans

bevans@endurance-re.com

Endurance Real Estate Group, a real estate investment and development firm based in Radnor, Pennsylvania, is pleased to announce the hiring of Guy Wolfington as Vice President of Development to complement Endurance’s existing senior development personnel. Mr. Wolfington will be responsible for the execution of all disciplines within the development life cycle; including acquisition due diligence, land development permitting and approvals and horizontal and vertical construction. Mr. Wolfington will also be responsible for creating and maintaining strategic relationships with public and private real estate development partners.

Prior to joining Endurance, Mr. Wolfington was the Director of Regional Development with MLP Ventures for 21 years (formally O’Neill Properties Group), a regional, in-fill brownfields re-developer. While there he oversaw the development, construction and leasing of over 3 million SF of commercial, retail and residential space across the Mid-Atlantic region. Prior to joining MLP Ventures, Mr. Wolfington held a series of progressively responsible positions in enrollment management, sales and marketing with Jefferson University and in credit and finance with Bank of America.

Mr. Wolfington received his B.B.A. in Business Administration from Loyola University Maryland and his M.B.A from Jefferson University.

“This position will strengthen the depth of our organization and our ability to be responsive to the many development opportunities we are presented in the Mid-Atlantic region. With Guy’s addition and 20 plus years of development experience we will also be able to source more off-market opportunities in our efforts to find attractive development opportunities for our institutional and private investors.” Endurance is currently developing a 1,078,200 SF speculative bulk distribution warehouse in Pittston, PA. “Additional development deals that will be a focus of Guy’s efforts include three projects in Eastern PA totaling 1,370,700 SF, in 5 buildings, in excess of $100 million of construction activity” said Benjamin Cohen, Managing Principal and CEO of Endurance Real Estate Group.

Endurance Real Estate Group, LLC (www.endurance-re.com), formed in 2002, is a Radnor, Pennsylvania-based real estate owner/developer focused on income and value add industrial opportunities located in the Mid-Atlantic region. Since its formation, the company has acquired over $600 million of assets totaling 10 million SF and sold over 6.2 million SF with a combined value of $350 million. Endurance currently owns and operates a portfolio totaling over 4.5 million square feet consisting of 49 buildings. Existing space includes 3.3 million square feet of industrial and 1.2 million square feet of flex/office space.