Anthony McElroy has been named a partner at Herald Square Properties, a New York-based owner and operator of commercial assets, according to a press release issued by the company today.
In his new role, Mr. McElroy will join founding partners and principals Gerard Nocera and Michael Reid, and principal John Monaco, in overseeing the acquisition of all commercial properties for the group. The company now owns office buildings in Midtown and is asset manager for the Lipstick Building at 885 Third Avenue, among other properties.
Mr. McElroy comes to Herald Square Properties from what is now DTZ. At Cassidy Turley, which merged with DTZ last year, he oversaw the acquisitions and dispositions for the Investment Fund.
Throughout his career, he has been involved in the purchase of more than $2 billion of real estate representing over 11 million square feet in the New York metropolitan area.
“We are excited about the addition of Anthony at Herald Square Properties,” Mr. Nocera said in prepared remarks. “His joining the firm takes our group full circle and represents the culmination of years of hard work, commitment and tenacity.”
Mr. McElroy could not immediately be reached for comment.