Stockton Real Estate Advisors

The Stockton team possesses extensive institutional and entrepreneurial experience within the real estate industry. We have proven knowledge in all aspects of commercial real estate, including investment strategies, acquisition and asset management, capital markets, leasing, transaction services, repositioning, and asset disposition.

Our competitive edge starts with our people, as the individual profiles listed below show. Each Stockton team member is a respected leader in the industry who possesses an owner’s mentality and a transactor’s tenacity, empowering us to formulate and implement strategies that connect our clients’ and partners’ real estate objectives with their overall business and investment plans.

Meet the Stockton team below:
• Jim Paterno
• Doug Veasey
• Paul Carabasi
• Mike Dolan
• Kevin Farley
• Chris Amoroso

Jim Paterno
Stockton Real Estate Advisors, LLC was founded by James L. Paterno in January of 2005. Mr. Paterno’s real estate career has spanned over twenty-two years.

In addition to the firm’s acquisition initiatives, Mr. Paterno and his Stockton colleagues are presently providing senior-level advisory and transaction services for several institutional and corporate clients. In that regard, Stockton recently completed more than 1 million square feet of new, expansion and renewal leases in Radnor, Pennsylvania on behalf of a publicly traded real estate investment trust. Notable achievements included a 182,000 square foot long-term, multi-building lease with a Fortune 100 company, and conceptualization and successful implementation of a mixed-use redevelopment plan for the 1.7 million square foot portfolio’s vacant 242,000 square foot gateway office building. The property is now 100% occupied by an array of office and retail users. The overall portfolio, which was approximately 60% vacant at the onset of the assignment, is now 91% leased.

Prior to establishing Stockton Real Estate Advisors, Mr. Paterno was a partner at The Rubenstein Company where he served as President of The Rubenstein Brokerage Group and oversaw leasing and management the company's 6.5 million square foot class “A” office building portfolio.

Before joining The Rubenstein Company, Mr. Paterno served as Managing Director and Regional Leasing Manager at Jones Lang LaSalle (JLL), a multi-national real estate investment and consulting company. While at JLL, Mr. Paterno was responsible for overseeing the company’s growth in Pennsylvania, Delaware, Washington, DC, Virginia, Maryland, and Southern New Jersey. He also supervised leasing, property management, and asset management of the region’s 14 million square foot portfolio for a vast array of national and international clients, such as TIAA-CREF, the University of Pennsylvania, General Electric, Royal Bank of Scotland, and RREEF.

Prior to joining Jones Lang LaSalle, Mr. Paterno was a partner at The Rubin Organization, where he served as Senior Vice President of PREIT-Rubin, the leasing and management affiliate of The Pennsylvania Real Estate Investment Trust and The Rubin Organization. There, he was responsible for the leasing, property management, and asset management of nearly 4 million square feet of office space and 600,000 square feet of industrial properties positioned throughout four states. Moreover, he coordinated all advisory and tenant representation services for the firm’s corporate clients.

Doug Veasey
Douglas R. Veasey joined Stockton Real Estate Advisors to serve as Chief Investment Officer of the investment platform, leading the firm’s first investment, the $76 million acquisition of 1515 Market Street, a 510,000 square foot office building in CBD Philadelphia, PA. Prior to joining Stockton, Mr. Veasey served as Senior Vice President-Office and Industrial at Stoltz Real Estate Partners, a national real estate investment firm, leading the acquisition and asset management functions for office and industrial assets within the portfolio. The Stoltz acquisition strategy included the purchase of value-added office and industrial assets across the country. While at Stoltz, Mr. Veasey led the acquisition and subsequent asset management of a 1.5 million square foot office, manufacturing and distribution facility in suburban Chicago, IL and the disposition of office and industrial properties in Las Vegas, NV and Philadelphia, PA aggregating approximately one million square feet. Additional asset management responsibilities included the direction of leasing, construction and property management for a 2 million square foot portfolio of office and industrial assets in Philadelphia, PA and Atlanta, GA.

Prior to joining Stoltz, Mr. Veasey served as Senior Vice President-Capital Markets at The Kevin F. Donohoe Company, a regional real estate investment and development firm, where he managed acquisition and capital markets functions of the firm. While at Donohoe, Mr. Veasey closed acquisition and recapitalization transactions for value-added office building, mixed-use and retail investments in Washington, DC, Philadelphia, PA, Baltimore, MD, and New England, aggregating in excess of $208 million.

Before joining Donohoe, Mr. Veasey served as Vice President for Banque Paribas, a French merchant bank where he originated high-yield real estate transactions and managed an existing internationally syndicated loan portfolio. Specifically, Mr. Veasey closed mezzanine investments with an aggregate deal size of $55 million. Transactions included distressed note acquisitions with simultaneous senior debt syndications as well as senior financings structured with equity interests. Portfolio responsibilities included the management of a diversified funded loan portfolio aggregating $301 million, including the agency role in two international bank syndicates totaling $560 million among 12 banks.

Paul Carabasi
Paul M. Carabasi joined Stockton Real Estate Advisors in January of 2006 to provide senior-level advisory and consultative services for both institutional and corporate clients. His professional career includes over twenty-two years of real estate and entrepreneurial business experience. Mr. Carabasi holds a Master of Corporate Real Estate designation (MCR) from CoreNet Global and is a licensed real estate broker in Pennsylvania.

Mr. Carabasi spent eighteen years at the Binswanger Company, a privately held international brokerage and advisory firm based in Philadelphia, PA. At Binswanger, he served as Senior Vice President/Advisory Services Group for eight years. Responsibilities included strategic planning, asset management, repositioning and implementation aspects related to major corporate real estate portfolios. Mr. Carabasi’s client list included AT&T, Lucent Technologies, Chase Manhattan, QVC Corporation, Unisys, SAP Americas, Rohm and Haas, SKF USA, Inc. and SCT Corporation. On behalf of his clients, Mr. Carabasi conducted business across the United States, as well as in South America, Europe and Asia.

Prior to joining Binswanger’s Advisory Services Group, Mr. Carabasi served as Senior Vice President in charge of the company’s suburban Philadelphia brokerage operations. Mr. Carabasi established Binswanger’s first fully staffed suburban office, managing the sales force and daily operations while expanding the company’s landlord and tenant representation presence in the marketplace.

Prior to joining Stockton, Mr. Carabasi was part of the executive management team at IPR International. IPR provides electronic data backup, recovery and archiving services to corporations across the country and abroad. Joining IPR in its “start up” phase in September 2002, Mr. Carabasi spearheaded both corporate and business development initiatives. He was responsible for raising capital from both angel and venture capital investors and expanding and establishing data center sites and new corporate headquarters.

Mike Dolan
Michael Dolan brings to Stockton Real Estate Advisors over fourteen years of commercial real estate experience, specializing in the representation of Center City Philadelphia’s finest office properties. Mr. Dolan has secured a leading position in the Philadelphia market, and within the last two years, completed more than 120 transactions totaling nearly 1 million square feet and representing a total aggregate rent of approximately $100 million.

Mr. Dolan’s background includes successfully leasing several major Center City high rise office buildings. These properties include 1515 Market Street, 1818 Market Street, One Logan Square, Two Logan Square, 2000 Market Street, 10 Penn Center, 1500 Walnut Street, 701 Market Street, and The Public Ledger Building. He has a proven track record of building long-term client relationships and has played an integral role in many high-profile landlord and tenant representation projects.

Prior to joining Stockton, Mr. Dolan served as Executive Director at GVA Smith Mack and as Vice President in the Rubenstein Brokerage Group. In addition, he served as Vice President at Jones Lang LaSalle where he was responsible for new business development and corporate client representation. Mr. Dolan was acknowledged in 2007 by GVA Smith Mack for “Most Transactions Complete” and awarded “Best Real Estate Transaction in 2000” by the Philadelphia Business Journal.

Kevin Farley
Kevin E. Farley joined Stockton Real Estate Advisors in May of 2005 to assist in evaluating, structuring and closing lease and sales transactions. Since joining Stockton, Mr. Farley has contributed to the company’s success in leasing more than 1 million square feet during the past 24 months on behalf of a publicly held real estate investment trust. In addition, Mr. Farley advises and represents companies in the marketplace in need of commercial real estate services. Mr. Farley also assists in underwriting and facilitating economic due diligence review of assets to ensure accurate transaction pricing.

Prior to joining Stockton, Mr. Farley served as a leasing agent and market researcher for Jones Lang LaSalle’s 6 million square foot office portfolio in Greater Philadelphia. In these roles, Mr. Farley was assigned to lease the suburban portfolio, coordinate marketing efforts for the Philadelphia regional office, create proposal packages for prospective and existing clients, and collect and evaluate past and current economic, demographic, and commercial real estate data, focusing on information that most truly represented market conditions.

Prior to joining Jones Lang LaSalle’s Leasing & Management Group, Mr. Farley served as an Acquisition Analyst for LaSalle Investment Management, the global real estate management division of Jones Lang LaSalle, with $36.9 billion under management. While at LaSalle Investment Management, Mr. Farley contributed to accurate deal pricing and the acquisition negotiation process for office, industrial, and retail properties located in markets along the eastern United States. Mr. Farley facilitated economic due diligence review on assets under letter of intent, including abstracting lease agreements, reconciling third party budgets with pro forma, and reviewing settlement statements. Mr. Farley assisted in investing over $125 million on behalf of separate account clients and co-mingled funds.

Christopher Amoroso
Christopher S. Amoroso joined Stockton Real Estate Advisors as Controller in March of 2007. Mr. Amoroso has over fifteen years of experience in the real estate industry. He is a Certified Public Accountant in the State of New Jersey and a member of the AICPA, NJSCPA, and Financial Executives International.

Prior to joining Stockton, Mr. Amoroso was Corporate Controller and Director of Accounting for The Rubenstein Company (TRC), where he was responsible for all corporate and property level financial reporting, and audit and cash management. While at TRC, Mr. Amoroso developed policies and procedures for the Property Accounting Department and was responsible for training and development of accounting personnel.

Before joining TRC, Mr. Amoroso served as Corporate Controller for The Binswanger Company, an international brokerage and advisory services firm located in Center City Philadelphia. At Binswanger, Mr. Amoroso was responsible for managing budgeting, financial reporting, audit, cash management and insurance, as well as various special projects. Prior to joining Binswanger, Mr. Amoroso was Property Management Controller at The Whitesell Company and was responsible for financial reporting and audit functions.

Mr. Amoroso began his career at Globe Security Systems, a nationwide physical security and investigative services company where he spent thirteen years in various senior level financial positions.