As Managing Director of the Americas, Karen McShea provides strategy for the development of complex real estate projects and manages their implementation on behalf of governmental, corporate and institutional clients. With over 20 years of commercial real estate experience, Ms. McShea advises clients on issues pertaining to: the development of complex and/or mixed-use projects; real estate positioning and marketing strategies; market and highest and best use analysis; public/private partnerships; development implementation strategies; RFP and developer selection processes; and site selection.
Ms. McShea utilizes her extensive real estate and finance experience to lead world-renowned projects. Her projects include:
San Juan Waterfront: Leading the team providing comprehensive real estate advisory and project management services to the Puerto Rico Ports Authority in the development of a 5.8-million-square-foot, mixed-use waterfront destination along the San Juan Waterfront.
Puerto Rico Tourism Company Hospitality Portfolio: Directing the team delivering comprehensive real estate advisory and project management services to the Puerto Rico Tourism Company for the development of multiple underutilized properties on the Island, including Punta Lima and La Pared.
Puerto Rico Convention Center District: Overseeing the team providing a full range of real estate services to support the development of this master-planned, 4-million-square-foot, mixed-use urban development project on behalf of the Puerto Rico Convention Center District Authority.
Convergys Corporation: Led the team that provided site selection, due diligence, financial analysis, and permitting for a new 750,000-square-foot build-to-suit corporate headquarters in Cincinnati, Ohio.
United Technologies Corporation: Assisted UTC in transforming a 1,000-acre former airfield in East Hartford, Connecticut into a multi-use development plan that includes a 3.5-million-square-foot research and office park, as well as residential units, hotels, entertainment venues, and the 40,000-seat University of Connecticut Football Stadium.
Pfizer: Served as a member of the team that provided strategic real estate advice to Pfizer during the site selection of over 100 sites in Massachusetts, Rhode Island and Connecticut, and provided due diligence on 14 additional research sites around the world.
Brewster Point: Played a key role during the planning and marketing of a 500-acre site in southeastern Connecticut known as Brewster Point on behalf of the State of Connecticut. The development program comprises a mix of uses, including a corporate campus, retail, hotel, marina, community college, and 18-hole championship golf course.
Project Andrejsala: Advised a public-private investment corporation on the potential redevelopment of Riga, Latvia's waterfront. Opportunities explored included site regeneration, public-private partnerships, land conveyance strategies, permitting, entitlements and regulatory matters, phasing and timing approaches, and cash flow modeling.
Fan Pier: Provided planning, analysis, regulatory, and strategic marketing and public relations services for Fan Pier, a 21-acre, 3-million-square-foot multi-use development project located along Boston's waterfront that encompasses hotel, office, retail and residential properties, as well as a theater/museum and a waterfront park.
Anacostia Waterfront Development Corporation (AWC): In 2005, served as a member of the team which advised the AWC on development implementation strategies for Washington, DC's Southwest Waterfront, including the developer RFP process, structuring public-private partnerships, land conveyance strategies, permitting, entitlement and regulatory matters, phasing approaches and cash flow modeling.
Ms. McShea's background also includes work in the public sector, which has enhanced her ability to serve her governmental clients. During a leave of absence from the private sector, Ms. McShea served the U.S. Government as an Economic Attaché to the American Embassy in Moscow. In this capacity, she was responsible for analyzing and shaping policy on the privatization of real estate, United Nations policies towards sanctions, and intellectual property rights. Ms. McShea coordinated high-level meetings with Presidential, Vice Presidential, Cabinet-level and Congressional staff, traveled extensively conducting interviews, and wrote briefing documents for the U.S. Department of State.
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