Former Rockefeller Group executive Bill Edwards has joined MC Real Estate Partners LLC (MCRE),a privately held owner/operator/developer of office and multifamily properties in the New York, Boston and Washington, D.C. metro areas, as senior managing director. Edwards, a specialist in creatively repositioning commercial assets to unlock potential in underperforming properties, will focus on asset management and acquisitions.
To start, Edwards will lead MCRE’s asset management of 866 UN Plaza, along with portfolio properties in New York and Boston.
“Bill’s deep operating and repositioning expertise will be pivotal in supporting our partners amid the market’s dramatic value reset especially for office properties,” said Steve Grant, co-founding managing p rincipal of MCRE. “Bill brings world-class redevelopment, portfolio and asset management capabilities that will help us achieve outsize returns for our investor partners.”
Most recently, as executive vice president at Rockefeller Group, Edwards led the strategic vision and market positioning for the company’s six million-square-foot New York City office portfolio. His projects included the $650 million repositioning of 1271 Avenue of the Americas, transforming it from full vacancy to 100% occupancy through over two million square feet of office and retail space, as well as the renovation and modernization of the Sixth Avenue Public Plaza at 1221 Avenue of the Americas.
Prior to Rockefeller Group, Edwards was vice president of asset management at Blackstone’s Equity Office Properties, and vice president at The Carlyle Group, where he led the repositioning of premier Manhattan assets, including 3 Bryant Park, 229 West 43rd Street (the former New York Times Building) and 650 Madison Avenue. His strategic oversight of these transformations directly contributed to record-breaking sales, including the $2.2 billion transaction of 3 Bryant Park and the $1.3 billion disposition of 650 Madison.
A licensed professional engineer, Edwards began his career at Tishman Realty and Construction. Edwards earned an MBA from Vanderbilt University and holds a Bachelor of Science in architectural engineering from Kansas State University.
