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A Legacy of Value Creation in Commercial Real Estate

A Legacy of Value Creation in Commercial Real Estate

For decades, Lormax Stern has built its reputation on disciplined investing, expert execution, and a relentless focus on creating long-term value for our partners, tenants, and communities.

About Lormax Stern

Lormax Stern Development Company is a fully integrated commercial real estate firm specializing in the acquisition, development, and operational oversight of commercial properties throughout the United States.

We are a value-centric investor. We specialize in assets where value is created through superior market knowledge, deep asset expertise, rigorous analysis, project-specific business plans, and methodical execution. As a fully integrated firm, Lormax Stern provides expert-level oversight across every component of the investment process — from acquisition and development through leasing, property management, and construction.

Our principals have supervised the acquisition and development of more than 150 large-scale commercial properties across the country, with an aggregate gross leasable area exceeding 30 million square feet. Today, our portfolio includes more than 40 properties located throughout the United States.

Lormax Stern’s thorough understanding of commercial real estate trends and consumer demographics ensures an outstanding tenant mix for sustained demand at every property we operate. Our multi-disciplinary team is experienced in commercial real estate management, operations, leasing, marketing, and tenant relations — delivering consistent performance across every asset in our portfolio.

Our Approach

Disciplined Investing

We target opportunities where our market insight and operational expertise can unlock value that others overlook. Every acquisition is backed by rigorous analysis and a clear, project-specific business plan.

Integrated Execution

Our in-house team handles every phase of the investment lifecycle — acquisitions, development, leasing, property management, and construction. This fully integrated model gives us complete control over outcomes and quality.

Long-Term Vision

We are builders and operators, not flippers. Our commitment to long-term ownership means we invest in properties and communities with the intention of creating enduring value.

Leadership

Christopher G. Brochert

Christopher G. Brochert

Partner & Principal

Christopher G. Brochert has a distinguished reputation as an industry leader with over 35 years of experience in shopping center acquisition, development, construction, and leasing. He is responsible for development, redevelopment/repositioning, construction, and leasing. He has been a member of the International Council of Shopping Centers (ICSC) for over 35 years and is on the Board of Directors of the Detroit Regional Chamber of Commerce.

Chris has been principally involved in the acquisition and development of over 25 million square feet of gross leasable retail space in several markets primarily in Michigan, and extending to the eastern half of the United States.

Chris is a pioneer in the industry from a power center standpoint. His success stems from long-term excellent relationships with local, regional, and national retailers of all sizes and categories; as well as his strong broker network developed over the years. His expertise includes strategic repositioning and coordinating the tenant mix to craft the optimal retailer synergy in each development.

Daniel L. Stern

Daniel L. Stern

Partner & Principal

Daniel L. Stern earned his reputation as a leader in shopping center acquisition, financing, development and leasing. He is responsible for overseeing the planning, pre-leasing and financing of retail space in approximately 40 major retail shopping centers, and personally negotiated over 500 anchor tenant leases.

Daniel is primarily involved in financing, development and leasing of shopping centers in the development stages ranging in size from 15,000 square feet to 800,000 square feet.

He has completed over $1.5 billion of financing with balance sheet lenders, construction lenders, CMBS lenders and life companies. Daniel has been largely involved in the development and acquisition of over 10 million square feet of retail space in Michigan and surrounding states.

Andrew Bell

Andrew Bell

Managing Director

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Matt Drozd

Director of Property Management

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Mark Franchini

Director of Accounting

Community Commitment

Lormax Stern is dedicated to making a positive impact beyond our properties. Throughout the year, we actively support charitable organizations that strengthen the communities where we live and operate. From monetary contributions to hands-on volunteer efforts, our team is proud to partner with causes that make a meaningful difference.

Awards & Recognition

Lormax Stern is proud to be recognized by prestigious industry organizations for the excellence of our company, our people, and our properties.