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Eastern Consolidated’s James Famularo heads to Meridian

Eastern Consolidated’s James Famularo will be heading Meridian Capital’s new retail leasing division. Famularo and his team of sales agents will start at Meridian next month, Commercial Observer reported. His title will be president of retail leasing — and he’ll work out of the 800 Third Avenue office, where the investment sales team is located. “Everyone who’s there is transaction heavy and deal-focused,” Famularo, who was on Eastern Consolidated’s retail team, told CO. Earlier this month, Eastern Consolidated’s founders said the commercial brokerage will shut down permanently in July, citing a downturn in investment sales, large overhead and no sign of sunnier days. Amid larger ...

Retail Pro James Famularo to Head Meridian’s New Retail Leasing Division

James Famularo has found a new place to hang his hat—at Meridian Capital Group—before his former firm, Eastern Consolidated closes up shop, Commercial Observer has learned. Famularo, along with his team of sales agents, will start at Meridian next month, helming the 27-year-old firm’s new retail division. “I’ve been hearing about [Meridian co-Founder] Ralph [Herzka] for years and nothing excites me more than $37 billion in transactions annually and 3,300 deals in that time,” Famularo, whose title will be president of Meridian Retail Leasing, told CO. “It’s just mind-boggling. Everyone who’s there is transaction heavy and deal-focused. It’s a dream come true.” Famularo will work out ...