Metrovation
 

Chris Cole, Principal

Christopher Cole is a partner in Metrovation. He is based in Bellevue, Washington.

Chrisís accomplishments include the development of 21 East Front Street, 55 Broad Street, 20 Broad Street, and 7 Broad Street in Red Bank, New Jersey. He also managed the complete re-development of an 80,000 sq. ft. shopping center, Brook 35 Plaza, in Sea Girt, NJ. Across from Brook 35 Plaza, Chris directed the development from the ground up of Brook 35 West.

Chris recently completed development of a sister property to The Grove at Shrewsbury, The Grove West.

In New Jersey, the company is currently working on redeveloping a large mixed-use multi-family project and a 50,000 sq. ft. office building. Both projects are in the West Side Arts District of Red Bank, NJ.

Chris is also collaborating on the repositioning of a 140,000 sq. ft. shopping center in Wall, NJ.

In California, Chris is working on the redevelopment of 5 Points Plaza in Huntington Beach, a well-positioned lifestyle center.

In Washington State, he is managing the redevelopment of several key downtown blocks in Bremerton and the redevelopment efforts at Crossroads, a 40-acre site in Bellevue, WA.

Chris received his Masters Degree in Real Estate and Construction Management from the
topUniversity of Denver and a B.A. from Babson College.

 

Mark Seiler, Principal

Mark Seiler is a co-founder and managing partner of Metrovation. For over two decades, Mark has been a real estate developer and investor focused on finding underutilized properties and adding substantial value, usually through creatively re-branding the property and a focus on hands-on management.

Mark re-positions properties to provide steady, long-term cash flow. Outside of real estate, Mark is involved in leadership roles in several community organizations including the Boys and Girls Clubs of Oakland and Playworks.

Mark received an M.B.A. from the University of Michigan and a B.A. from the University
topof California, Berkeley.

 

Merritt Sher, Principal

Merritt Sher has been a real estate innovator since founding Terranomics in 1970. He has played a key role in the creation of some of America's most successful commercial real estate projects, including the nation's first Power Center, 280 Metro Center in Colma, CA and the "lifestyle center" The Grove at Shrewsbury in Shrewsbury, NJ.

Merritt has been a board member and early stage investor for several national retail companies, and has served as a real estate consultant for such retailers as The Gap, where he arranged the firm's acquisition of Banana Republic.

In 1989, Merritt formed Terranomics Retail Services which became one of the nation's largest retail real estate brokerages specializing in tenant representation, project leasing and institutional property management. Terranomics represented several million square feet of retail space and many of the nation's leading retailers. In 1997, Federal Realty Investment Trust acquired Terranomics Retail Services.

Merritt developed Hotel Healdsburg, Sonoma County’s premier luxury wine country lodging, and its sister property, the eco-inspired h2hotel. Both are in the heart of the North Sonoma Wine Country.

An update of Merritt’s book, 10 Birds With One Stone, is available through Pollinator Press.

top Merritt received his J.D. from Hastings College of Law.

 

Ron Sher, Principal

In addition to his role as Metrovation principal, Ron is Chief Executive Officer of Argus Group, Ltd. Argus Group is principally involved in repositioning and managing a portfolio of retail and office properties, including 5 Points Plaza in Huntington Beach, CA and Crossroads in Bellevue, WA.

Ron was a founder of Terranomics International Investors, the predecessor of Metrovation Capital, where he serves as a principal. He is a founder of Islander’s Bank, a commercial bank headquartered in Friday Harbor, WA.

Ron was responsible for the redevelopment and expansion of Crossroads Shopping Center in Bellevue, WA, a 550,000 square foot center which has become the thriving town center of east Bellevue. Crossroads was the subject of a case study by the International Council of Shopping Centers.

Ron also founded and is Chief Executive Officer of The Third Place Company, which creates community gathering places anchored by a new and used book store, restaurants and entertainment.

Ron received his Ph.D. from Washington State University, an M.B.A. from Columbia
topUniversity, and a B.A. from Colorado College.

 

David Beckerman

David Beckerman is Chief Financial Officer of Metrovation, where he identifies, negotiates and closes financing for properties controlled by the firm. He is also Managing Director of Metrovation Capital, LLC, a direct lender providing high-leverage first and second mortgage financing for commercial properties. Prior to the founding of Metrovation Capital, he was Chief Operating Officer of Terranomics International Investors. Experienced as both a borrower and a lender, David has closed more than $400 million of commercial real estate loans.

Previously, he was the senior investment officer of a Boston-based investment advisory firm which represented offshore institutional clients. His expertise is in high-leverage structured lending and he has closed investments in retail, office, multifamily, hotel, and industrial properties nationwide. He also has worked in the consulting divisions of Real Estate Research Corporation and GA/Partners.

David received his M.B.A. from the Kellogg School of Management at Northwestern
topUniversity and a B.A. from Tufts University.

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