Gershman Commercial Forms Gershman Commercial Equities to Acquire, Manage Investment Property

ST. LOUIS — Gershman Commercial Real Estate has formed Gershman Commercial Equities (GCE) to acquire and manage investment property. Co-founded by Tom Stern and Joseph McGauley, the firm will focus on acquiring and repositioning office, industrial, retail and mixed-use properties in the St. Louis metro regions, as well as metro areas within a 250-mile radius of St. Louis. Equity sources for the new firm will consist of the Gershman family, private syndicated investors and institutional partners. GCE will leverage the resources and support of Gershman Commercial Real Estate for underwriting, financial analysis, due diligence and other related support with Gershman Commercial’s property management, leasing and brokerage services deployed post-acquisition.