MANAGEMENT NEWS
5G LLC Signs Rooftop Connectivity Deal with UBS 5G LLC, a provider of connectivity technol-
top lease revenue in a high-growth market
ogy solutions for the real estate industry, has signed an exclusive agreement with
and help manage it as a long-term asset,” said Rick Varnell, managing director of 5G
UBS Asset Management’s Real Estate & Private Markets business to connect roof-
LLC. “Demand is growing considerably for rooftop connectivity for 5G and other
tops in commercial properties owned by the business with leading 5G networks in the
emerging real estate property technologies.”
United States.
“Working with 5G LLC will enable us to optimize our rooftop revenue strategies,” said
to rooftop connectivity for our portfolio of properties at scale and manage demand-side
“5G LLC is delighted to be working with UBS in the United States to enable new roof-
Vasilios Diakogeorgiou, head of Strategic Initiatives, UBS Asset Management. “5G LLC
engagement with all major carriers in the United States.”
will manage operational complexity related
BBG Acquires VSI Appraisal Group BBG, the nation’s largest independent commercial real estate services firm, has acquired
offices in the last three years.
VSI Appraisal Group, a Columbus, Ohiobased appraisal firm. Terms of the acquisi-
In addition, BBG appointed VSI Appraisal
tion were not disclosed. With the VSI Appraisal Group acquisition, BBG will open a new office in Columbus, complementing its existing office in the city by adding a specialty in affordable housing. The acquisition marks BBG's fifth acquisition this year. The firm has grown significantly to meet client demand, adding 15
Group President David Ross, Jr., MAI, ASA, FRICS, as managing director of the office. Seven other VSI Appraisal Group professionals also joined the office. With more than two decades in real estate consulting, development and valuation, Ross is an industry leader who possesses a broad range of experience in all types of real estate properties and local knowledge of many markets across the country, the company said.
Dave Ross Photo via PRNewswire
BentallGreenOak to Debut Cultural Program at 685 Third Ave. BentallGreenOak’s (BGO) redesigned lobby at 685 Third Ave. in Manhattan, New York,
by D.K. Johnston.
will feature a new cultural program for the benefit of the tenants, neighbors and guests
The first artist to be featured in the program will be Reisha Perlmutter, whose work is
of the building in early 2023. This program will debut with a series of solo exhibitions
best known for representational imagery of women in water, where she explores the
by six artists, all working in unique mediums, each with a novel approach to connect-
unencumbered relationship between body and nature and expanding conventional
the exhibition.
ing with their audiences. BGO’s focus on social connection to diverse communities is the inspiration behind this activation, produced
beauty norms. A short film of Perlmutter’s work and the stories behind the women
The premiere of Perlmutter’s work and an artist’s reception will coincide with the completion of the building’s redesigned lobby.
she paints will also be screened as part of
38 MANN REPORT | NOVEMBER • DECEMBER 2022
Photo courtesy of BentallGreenOak
