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Marc Mandel

Forged Real Estate
Managing Partner
  • 3Active Listings
  • $14,665,000Active Volume
  • 0Under Contract
  • $0Volume
  • 25Closed Transactions
  • $77,068,954Sold Volume

Marc Mandel is the co-founder and Managing Principal of Forged Real Estate. Marc has over 18 years of experience in the commercial real estate industry and currently leads the team at Forged Real Estate with a focus on single-tenant, sale-leaseback, and small shopping center investment advisory services throughout the country. He has completed over 820 transactions throughout his career with a value of approximately $1.6 billion. Prior to founding Forged Real Estate, Marc previously was one of the leaders and top performers of the Net Lease Retail Practice at HFF and then at JLL through JLL’s acquisition of HFF in 2019. Marc is an experienced real estate sales professional who brings a unique and valuable perspective to deals due to his deep and multifaceted experience in this industry. He is able to evaluate assets from the perspectives of both property owners and tenants, in part because he began his career on the leasing side of the business with a focus on site selection for numerous national tenants, as well as landlord representation. He is well respected within the industry and greatly values the relationships he has made in this field over the years.

Licensed in: PA
8 E Germantown Pike, 2nd Floor Plymouth Meeting, PA 19462

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1065 Woodland Road, Wyomissing, PA , 19610
  • Size SF22,940
  • Built/Renov1997/2022
  • Price/SF$290
  • Lease Start06-03-2023
  • Rent/SF$15.97
  • Lease Type Double NN
  • Lot/AC0.56
  • Pop 5MI203,234

6,660,000

  • Cap Rate 5.50%
  • NOI $366,298
  • R. Term/Yrs 12.5
  • Guarantor Any
  • # Units 2,427
  • Signalized intersection

  • New roof

  • Major thoroughfare

  • Dense retail corridor

  • Big Box center

  • Strategically located

  • Strong demographics

  • Affluent suburb location

  • Population increase trend

  • Long 15+ yr lease

  • ...
  • Tenant Aldi
  • Guarantor Any
  • #Units 2,427
3601 16th Street, Moline, IL , 61265
  • Size SF15,120
  • Built/Renov2002
  • Price/SF$270
  • Lease Start10-01-2002
  • Rent/SF$20.93
  • Lease Type Abs NNN
  • Lot/AC1.70
  • Pop 5MI133,833

4,084,000

  • Cap Rate 7.75%
  • NOI $316,492
  • R. Term/Yrs 10.8
  • Guarantor Corp R + T
  • # Units 12,500
  • Hard corner intersection

  • In location for years

  • Dense retail corridor

  • Strategically located

  • Central metro location

  • Highway close

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Long 20+ yr lease

  • Long operation history

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 12,500
  • Moody's/S&P Ba3/ BB
  • Stock NASDAQ: WBA
3611 North Easton Road, Doylestown, PA , 18902
  • Size SF3,032
  • Built/Renov1997
  • Price/SF$1,293
  • Lease Start08-18-2020
  • Rent/SF$82.77
  • Lease Type Abs NNN
  • Lot/AC1.26
  • Pop 5MI77,530

3,921,000

  • Cap Rate 6.40%
  • NOI $250,963
  • R. Term/Yrs 4.6
  • Guarantor Corp R + T
  • # Units 1,627
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Global Partners LP
  • Guarantor Corp T and Rated
  • #Units 1,627
  • Moody's/S&P B1/ B+
  • Stock NYSE: GLP

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