Transwestern announced that commercial real estate veteran Lawrence (Larry) Pobuda has joined its Phoenix office, increasing its role in the leasing and sales of office buildings and providing in-depth expertise in development and investment.
As senior vice president, Pobuda serves institutional, corporate and private owners, as well as corporate users.
“It is exciting to make strategic expansions in our range of services with someone such as Larry,” said Transwestern Senior Vice President Bill Zurek. “His national relationships and experience in a variety of real estate disciplines will enhance our already strong capabilities.”
Pobuda arrives from Minneapolis where he co-founded Stewart Lawrence Group, a partnership involved in acquiring and developing commercial real estate assets. In Minneapolis, he provided advisory services to key clients including the University of Minnesota.
He also served as senior vice president and member of the five-person executive team at United Properties/NorthMarq, a 500-employee, full-service commercial real estate firm. Pobuda also served as the 2010 National Chair of NAIOP, the 15,000-member commercial real estate development association.
His recent role as NAIOP Chair also brings an additional national perspective to Transwestern’s Phoenix team. Pobuda will maintain his relationships in Minneapolis in order to facilitate connections between those clients and Transwestern’s Minneapolis office.
“I am delighted to join Transwestern’s Phoenix team, which offered me the rare opportunity to interface between the worlds of development, investment and brokerage,” Pobuda said. “Phoenix is a wonderful community where I have felt at home even while I was based in Minneapolis. As the region’s economy continues to improve I look forward to helping grow Transwestern’s business.”
Pobuda’s activity in Minneapolis included tenant representation, project and facility management and lease administration. He served such high-profile clients as BlueCross BlueShield of Minnesota, Ecolab, UnitedHealth Group, Silicon Graphics and Macromedia.
Responsible for the leasing oversight of 1.8 MSF of Class A office space, Pobuda successfully closed more than 2 MSF of leases with an aggregate value of more than $420M for companies including GMAC/RFC, Bank of America, Weber Shandwick, Oracle, Microsoft, Merrill Lynch, William Mercer and AON.