Coremark

 

Welcome to the Coremark Group

COREMARK GROUP, LLC is a Real Estate Development and Acquisition Company specializing in the development of single tenant or small retail shopping centers anchored by creditworthy Drug Stores and Banks. The Company is located at 392 Main Street, Wyckoff, New Jersey 07481 and was formed in January 2010 by Laurence Liebowitz and Tom Tourso. The two gentlemen have been in the commercial real estate business for over twenty-five years and have focused their careers on real estate development, brokerage and acquisitions within the greater New York City metropolitan marketplace. Messrs. Liebowitz and Tourso have known each other and have been doing business with one another for over 12 years.

Louis Lagios joined the Company to expand the company’s acquisition capabilities and asset management platform. Mr. Lagios had previously been a partner at ARC Properties where he oversaw the firms acquisition program including the company’s sponsored REIT which focused on the acquisition of credit lease properties.

In the current economic cycle, the Company will expand its development and acquisition profile to include mixed use or other asset classes such as multi-family, office, and limited service hotels. This is a function of the need to develop more creatively with alternative uses due to site constraints, economic issues and the limited supply of “perfect” locations as well as the ability to diversify in a cycle where other asset classes can be acquired at prices below replacement cost.

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