Overview

William H. Pounds, II began his successful career with Cushman & Wakefield of Pennsylvania Inc. In 1984 he was Cushman & Wakefield's top industrial broker in the nation. By 1985, Mr. Pounds focused primarily on commercial leasing and sales and was appointed as Cushman & Wakefield's Vice President. In 1989 he was promoted to Senior Vice President then to Senior Director. He founded and is President of WHPounds Commercial Real Estate, LLC.

Experience

Mr. Pounds has focused on the Southern New Jersey market since 1975. He is extremely well versed in not only office but also land, ground up projects, build-to-suit, investment sales and industrial real estate.

To date transactions (building leases and sales) total over 5 million square feet and land sales are calculated at over 2,000 acres. The aggregate value of transacted property exceeds $500 million.

Past accomplishments include the sale of the Garden State Race Track, sale of the former Latin Casino to Subaru for its National Headquarters, sale of the Zurich American building to Whitesell Enterprises and the sale of the Mid-Atlantic Corporate Center to Reynolds Metals. Major lease representations include such companies as HMO, RCA, G.E., Martin Marietta, Continental Insurance, Computer Associates International, AUS, Curtis Publishing and Glaxo Pharmaceutical.

Education

Mr. Pounds graduated from Mount St. Mary's College with a B.S. degree. He has been a frequent speaker on a national and local basis to professional real estate organizations such as NAIOP and SIOR. He has provided expert testimony before various judicial bodies.

Professional Affiliations

NAIOP Delaware Valley Chapter, past president
Business Committed to Burlington County, participant

Professional Awards

Cushman & Wakefield of PA, Inc. top commercial broker - Philadelphia office
Philadelphia Board of Realtors Commercial & Industrial Division Silver Club
Philadelphia Board of Realtors Commercial & Industrial Division Top Producer - Land
Philadelphia Board of Realtors Commercial & Industrial Division Gold Club
Rouse & Associates - Broker of the Year for Southern New Jersey
Cushman & Wakefield of PA top national industrial broker
Brandywine Realty Trust - Recognized Broker

Community Involvement

Past Chairman and current Treasurer as a member of the Board of Trustees, The Children's Home
Finance Committee, Moorestown Visiting Nurse Association

Creative Transactions

Former Latin Casino, Cherry Hill, NJ - With only 12 hours notice, Mr. Pounds was called as an expert witness in bankruptcy court to demonstrate the marketability of the 64,000 SF obsolete dinner theatre on Route 70 in Cherry Hill, New Jersey. As a result of Mr. Pounds' testimony, the court held off an undervalued bid made at an auction. Because of his reputation and knowledge of the Southern New Jersey marketplace, Mr. Pounds was appointed the exclusive agency on the sale of the building by the court and was given only 90 days to procure a suitable purchaser.

Subaru's North American Headquarters, Cherry Hill, NJ - Mr. Pounds obtained the exclusive right to represent Subaru of North America, Inc. in its search for a new corporate headquarters. The firm was considering the California, Philadelphia, and Southern New Jersey areas. Unable to locate the ideal site for a build-to-suit, Mr. Pounds independently contracted a team of architects and space planners to redesign the facade of the interior of a functionally obsolete facility to accommodate Subaru's needs. He also had several distinguishing features of the company's existing headquarters incorporated into the plan. Although Subaru had emphatically rejected the building as a possibility several months earlier, the plans convinced the company to purchase the property.

Lease to Fidelity Bank, Burlington, NJ - Mr. Pounds was selected by Fidelity Bank to locate a 150,000 SF facility for use as the bank's operations center. As a result of creative thinking and due to a shortage of available mid-rise facilities, Mr. Pounds was confident a defunct manufacturing center in Burlington County could be transformed into an ideal banking center.

Mr. Pounds commissioned architects, space planners, and engineers to prepare plans and feasibility studies to convert the structure into a modern office operations center. Fidelity was pleased with the building location as well as the tremendous savings the company would realize in rent and overall costs. The bank leased the space and subsequently renewed several times.

Listing Of Significant Office Transactions -Tenant Representation

Represented Actimed in leasing 24,700 SF at Bromly Corporate Center, Burlington, New Jersey.

Represented Campbell Soup in leasing 110,000 SF of office space at the Stone & Webster Building in Cherry Hill, New Jersey.

Represented Campbell Soup in leasing 30,000 SF in Cherry Hill, New Jersey.

Represented Chesapeake Park, Inc. in leasing 13,956 SF at 2000 Midlantic Drive, Laurel Corporate Center, Mt. Laurel, New Jersey.

Represented CompuCom in leasing 12,000 SF in Woodbury, New Jersey.

Represented Computer Associates International, Inc., in leasing 31,293 SF at 2000 Midlantic Drive, Laurel Corporate Center, Mt. Laurel, New Jersey.

Represented Continental Insurance in leasing 18,600 SF at the Marlton Executive Park in Marlton, New Jersey.

Represented Continental Title in leasing 9,408 SF at the Sagemore Corporate Center in Evesham, New Jersey.

Represented Curtis Circulation Company in the original move and two lease renewals of 46,000 SF at the Kevon Office Center, Pennsauken, New Jersey.

Represented Franklin Machine Products in the sale of its former facility, purchase of ground and the build to suite of its new 80,000 SF building.

Represented AUS in negotiation of a long term renewal after a full market study to determine this company’s best long term scenario

Represented Superior Lamp with comparisons of purchase/retrofit as well as lease opportunities.

Represented Curtis Circulation in leasing 31,484 SF at the Kevon Office Center in Pennsauken, New Jersey.

Represented Ford Motor Company in leasing 7,800 SF at 10,000 Midlantic Drive, Mt. Laurel, New Jersey.

Represented Hanover Insurance Company at Greentree North in leasing 15,000 SF in Mt. Laurel, New Jersey.

Represented HBO in leasing 25,000 SF at 700 East Gate Drive, Mt. Laurel, New Jersey.

Represented IKEA for a 426,000 SF build-to-suit lease in North East Philadelphia, Pennsylvania.

Represented Jefferson Hospital in leasing 40,000 SF in Mt. Laurel, New Jersey.

Represented JBA International in leasing 10,306 SF at the Centerpointe Building, Mt. Laurel, New Jersey.

Represented JBA International (tenant) and Pitcairn Properties (owner) in leasing 42,000 SF in Mt. Laurel, New Jersey.

Represented The Logs Group, Shapiro & Kreisman at Liberty View in leasing 8,033 SF in Cherry Hill, New Jersey.

Represented Martin Marietta (tenant) and Principal Financial (owner) in leasing 85,000 SF at the Riverview Corporate Center in Cherry Hill, New Jersey.

Represented Martin Marietta/Price Systems in leasing 15,000 SF at 700 East Gate Drive, Mt. Laurel, New Jersey.

Represented Martin Marietta /Westhampton Group in leasing 30,280 SF in 2000 Midlantic Drive, Mt. Laurel, New Jersey.

Represented MCI in leasing 6,500 SF at 10,000 Midlantic Drive, Laurel Corporate Center, Mt. Laurel, New Jersey.

Represented Northwestern Institute in leasing 14,000 SF at 375 North Kings Highway, Cherry Hill, New Jersey.

Represented NovaCare in leasing 9,500 SF in Mt. Laurel, New Jersey.

Represented Paolin & Sweeney in leasing 10,136 SF at 533 Fellowship Road, Mt. Laurel, New Jersey.

Represented Parker, McCay & Criscuolo in the leasing of 34,270 at Greentree Three, Marlton, New Jersey

Represented RCA in preleasing three (3) 75,000 SF mid-rise office buildings at the Moorestown Corporate Center. RCA was the sole tenant in the entire 225,000 SF complex.

Represented RCA in leasing 51,500 SF of office space at the East Gate Corporate Center, Mount Laurel, New Jersey.

Represented RCA in leasing 46,000 SF at the East Gate Corporate Center, Mt. Laurel, New Jersey.

Represented Stone & Webster in leasing 106,000 SF in Cherry Hill Executive Three.

Represented Travelers Express in leasing 18,000 SF at Greentree North, Mt. Laurel, New Jersey.

Represented Zurich America in leasing a 25,000 SF office building at 7000 Lincoln Drive in Marlton, New Jersey.?Listing of Significant Office Transactions - Landlord Representation

Listing of Significant Office Transactions - Landlord Representation

Represented a 150,000 SF building in Crossroads Business Park in Burlington, New Jersey, to Fidelity Bank for its operations center.

Represented the sublandlord of the United Engineers Building in Echelon in a 41,000 SF lease to Travelers Insurance Company.

Represented the sublandlord of the United Engineers Building in leasing 38,000 SF to INA/CIGNA.

Represented the sublandlord of the United Engineers Building in leasing 20,500 SF to INA/CIGNA.

Represented Larkhall Business Park in leasing 17,500 SF in Mount Laurel, New Jersey.

Represented Lan Associates in leasing 20,944 SF to Liberty Mutual Insurance Company.

Represented Lan Associates in leasing of 26,470 SF to Ohio Casualty Insurance Company in Marlton, New Jersey.

Represented Larkhall Business Park in leasing 46,000 SF in Mt. Laurel, New Jersey.

Represented Good Humor/Breyers Ice Cream, the sublandlord, in subleasing 21,628 SF in 400 Laurel Road, Voorhees, New Jersey.

Represented Principal Financial in leasing a 75,000 SF building in the Moorestown Corporate Center, Moorestown, New Jersey.

Represented Stone and Webster in the leasing of 110,000 SF in Cherry Hill, New Jersey.

Represented Metropolitan Life in leasing 56,000 SF in Colwick, Cherry Hill, leased to PHH Mortgage.

Represented Mack-Cali – Moorestown Corporate Center – Moorestown, N.J. – Lease to Allstate (40,000 SF).

Represented Mack-Cali - Moorestown Corporate Center - Moorestown, NJ - Lease to Cendent (75,000 SF).

Listing Of Significant Land Transactions

Mr. Pounds has sold over 2,000 acres of prime acreage in Southern New Jersey, many of which have been developed into the main business corridors:

Represented the purchaser, Travenol Laboratories, and the seller, Pureland Associates, in the build-to-suit sale of a 106,000 SF regional distribution facility in Pureland Industrial Park.

Represented Garden State Park in the sale of 286-acre racetrack.

Represented Whitesell Enterprises in the purchase of 25 acres at Route 38 and I-295 in Mt. Laurel, New Jersey. This is now part of Laurel Corporate Center.

Represented Prudential Insurance in the sale of the Mid-Atlantic Corporate Center, a 250-acre industrial park to Reynolds Metals Development.

Represented the purchaser, Whitesell Enterprises, and the seller, Exxon Company, in the purchase of 25 acres at the intersection of Route 38 and I-295 in Mt. Laurel, New Jersey.

Represented both parties in a lease/sale package. Mr. Pounds signed a 28,000 SF lease with RCA at 300 W Rte 38, Moorestown and concurrently sold the property to a private investor.

Represented J. I. MacNeish in the purchase of 138 acres at the intersection of Route 38 and I-295 in Mt. Laurel from M.G. Properties.

Represented the purchaser, the Seltzer Organization, and the seller, Colt Industrial, in a 144-acre transaction at the intersection of Route 38 and I-295 in Mt. Laurel, New Jersey. This is now known as Bishop's Gate.

Represented Legg Mason in the sale of Larkhall Business park, Mount Laurel, New Jersey to Pitcairn Properties.

Represented Whitesell Enterprises in the purchase of 78 acres at Creek Road and I-295 in Mt. Laurel from Gerard Builders. The property, now known at Laurel Creek, has become part of a 500-acre assemblage, which will contain office, retail, and residential properties as well a championship golf course.

Represented the purchaser, J.W. MacNeish, and the seller, Gerard Builders, in the sale of 90 acres at the intersection of 38 and I-295.

Represented Whitesell Enterprises in the purchase of 46 acres at Route 38 and I-295 in Mt. Laurel from the Bowman farm (part of Laurel Corporate Center).

Represented Whitesell Enterprises in the purchase of 50 acres at the intersection of Route 38 and I-295 in Mt. Laurel from Reinke Investment Group (part of Laurel Corporate Center).

Represented Gerald Builders, seller, in the sale of 75 acres on Mount Holly Road and I-295 in Westhampton to Emory Mill McConnell. This is now Highland Corporate Center.

Represented The Seltzer Organization, seller, in the sale of 180 acres at the intersection of Route 38 and I-295 in Mt. Laurel. DKM was the purchaser of the $18 million improved commercial site.

Represented the Lokey Company, and the seller, Hunter Pointe, Inc. in the purchase of a $2.3 million approved residential apartment site in Philadelphia. The Lokey Company was the purchaser.

Represented DNAP, the seller in the sale of 64 acres to IKEA. The site was selected for a new 750,000 SF distribution facility.

Represented Lockheed Martin, the seller, in the sale of 58 acres with 500,000 square feet of buildings to be demolished. The Rubin Organization was the purchaser. This is now a retail power center across the street from the Cherry Hill Mall.

Investment Sales

Represented RMS Technologies in the purchase of a 22,294 SF office building at 7 East Stow Road, Marlton, New Jersey.

Represented JVT Group, Inc., the seller, in the disposition of its 18,000 SF office building in Haddonfield, New Jersey.

Represented Legg Mason Realty, the seller, in the disposition of the 65,000 SF at 1025 Briggs Road in Mt. Laurel, New Jersey.

Represented the Greater New York Savings Bank in the sale of a 50,000 SF office building at 20 Brace Road, Cherry Hill, New Jersey.

Represented the Hallwood Group in the sale of 120,000 SF of garden offices at 1000 - 5000 Lincoln Drive West, Marlton, NJ to the Needleman Group.

Represented Liberty Property Trust, the purchaser, in the Acquisition of the 125,000 SF Marlton Executive Park at 701 Route 73, Marlton, New Jersey.

Represented Union Labor Life, the seller, in the sale of One South Union Place, 1 106,000 SF office building at Cherry Hill Executive Six to Brandywine Real Estate Investment Trust.

Consultant to McGarvey development in the disposition of a 65,000 SF office building in Mount Laurel, NJ to Liberty Property Trust.

Represented Legg Mason in the sale of Larkhall Business park, a 46,425 SF existing building with acrage to construct an additional 95,000 SF at 907 Pleasant Valley Avenue, Mount Laurel, NJ