Madison Marquette Expands Retail Services Leadership with New President and Executive Vice President

Gavin Farnam, President, Retail Services, and Heather Almond, Executive Vice President, Retail Services

WASHINGTON, DC – Madison Marquette, a leading private full-service real estate provider, investment manager, developer and operator, today announces the strategic addition of Gavin Farnam, President, and Heather Almond, Executive Vice President, to its national Retail Services team. With more than 37 years of combined real estate experience, Farnam and Almond will enhance connectivity across service lines as the firm invests in expanding its integrated service offerings to meet clients’ diverse business goals.

In these national roles, Farnam will be based in the firm’s San Francisco office and Almond in the Seattle office. The pair will report to Madison Marquette’s Chief Asset Services Officer Drew Genova.

“The addition of Gavin and Heather optimizes our retail practice and allows us to deliver innovative and scalable real estate strategies to our national client base. We are investing in expanding our integrated service offerings, and Gavin’s diverse expertise paired with Heather’s track record of growing NOI are a critical piece of that effort,” said Genova. “Their leadership will create unique synergies between Madison Marquette’s full-service platform and Retail Solutions investment arm, enhancing our ability to capitalize on market opportunities.”

Madison Marquette’s CEO Vince Costantini said, “These strategic hires augment the firm’s growth and scale by adding additional talented resources to an exceptional team of professionals across the country as we work to help our clients navigate through the current market disruption. Gavin and Heather’s leadership will also be integral to the expansion of opportunities in support of our retail and mixed-use joint venture investment practice.”

Farnam is a 17-year commercial real estate veteran that joins Madison Marquette from CBRE where he served as Managing Director and Retail Practice Leader for the firm’s retail property management business in the Americas. Farnam will lead the property management and leasing teams under Madison Marquette’s fully integrated retail platform, and will drive client and business development strategy.

Farnam said, “Madison Marquette has a strong retail brand. I’m excited to couple my owner and third-party service experience to deliver growth and returns to our investors and clients.”

Almond will lead property management and marketing strategy for Madison Marquette’s owned and third-party retail assets. She brings over 20 years of experience from two global leaders in the commercial and shopping center real estate industry. She most recently served as Director of National Retail Marketing at CBRE where she led consumer and property marketing for the firm’s national retail property management platform.

“My passion for creating engaging consumer environments and experiences aligns well with Madison Marquette’s legacy as an innovative placemaker and vision for its properties,” said Almond. “I’m excited to partner with Gavin and the property management and leasing teams to build on the longstanding reputation of Madison Marquette.”

About Madison Marquette
Madison Marquette is a leading private full-service real estate provider, investment manager, developer and operator headquartered in Washington, D.C. The company delivers integrated investment, development, leasing and management services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6.2 billion. The company partners with global, institutional and private investors to provide industry-leading investment and advisory services across asset classes -- including mixed-use, retail, office, medical, industrial, senior living and multi-family. Following its 2019 merger with the Boston-based Roseview Group, Madison Marquette added capital markets, investment banking and corporate advisory services to its integrated capabilities. Founded in 1992, the company built its reputation on the successful development, repositioning and redevelopment of landmark mixed-use assets, and now leverages that performance legacy to provide clients with exceptional asset services and investment advice. Madison Marquette has a strategic bench of professionals providing nationwide service from 14 regional markets and is a member of the Capital Guidance group of companies. For additional information, visit


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