Elevated Property Company

Fred Bruning began his career in the shopping center industry as real estate counsel and later as territorial real estate director for Sears, where he oversaw the company’s real estate portfolio and expansion strategy across the western United States. After six successful years with Sears, he was promoted to Western Territorial Real Estate Director. He subsequently joined several development companies to broaden his development experience, including the Torrance Company, John Price Development Company and the Alexander Haagen Company, where he was the principal development officer of over 45 major projects. Fred was also instrumental in taking the Alexander Haagen Company public, serving as Chief Investment Officer and Wall
Street spokesperson.
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In 1998, Fred was one of two principals founding CenterOak Properties, a venture partnership with Oaktree Capital. In 2005, CenterOak Properties became CenterCal Properties, as a new venture was formed to provide additional growth potential for the platform. Fred served as President, Chief Executive Officer and finally Chairman of CenterCal Properties, and successfully completed several billion dollars of new development transactions.

Having taken a retirement from CenterCal, Fred decided to continue the path of successful development in the Intermountain West. Alongside a group of senior and very talented executives, a new venture was formed with Ball Ventures and Ball Ventures Ahlquist, two companies with very deep roots in the Intermountain West, both very well known for the quality and success of their commercial developments.
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Fred is married to Brandace, the love of his life, and offices in Palos Verdes Estates, California. His hobbies include archaeology, history and flying his antique Stearman biplane. Fred is a member of the California Bar Association, ICSC and ULI, and has served on several commercial and charitable boards.

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Chris C. Byers is the Co-President and the Chief Revenue Officer of Elevated Property Company, LLC.  In this role, Chris leads the leasing efforts of the portfolio and is responsible for tenant relations. In addition, with her two other founding partners, she is involved in all aspects of the company, with an emphasis on acquisitions, and development. Prior to founding Elevated, Chris was at CenterCal Properties, LLC for 13 years where she led the leasing efforts of the entire portfolio as its Senior Vice President of Leasing. In this role Chris played a critical role in leasing the portfolio to over 95% leased, and was involved in the development of 6 new, ground up mixed-use projects from inception to opening by creating the initial merchandising plans through lease up. These developments quickly have become the premier destinations in their respective markets and have changed the way each market trades.  

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Before joining CenterCal Properties, LLC, Chris spent most of her career on the retailer side of the business representing national retailers and creating growth strategies for many of the top retailers in the United States. She has been in the industry for over 30 years and brings an interesting viewpoint to the creation of the projects in the portfolio. Chris has worked for notable companies such as Chico’s, Coldwater Creek, JP Realty and more. Chris is a Utah native and attended the University of Utah.

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Chris has been a member of ICSC for over 30 years and lives in Salt Lake City with her husband, Mark Norseth. She is a proud mother to two great children, Jake and Lexie, and bonus stepson, Travis. Chris spends her free time doing yoga, playing golf, and loves to travel with her family.

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Sean Dennison is the Co-President and the Chief Operating Officer of Elevated Property Company, LLC. In this role, he handles the daily business and legal functions of the organization and, along with his two other founding partners, the executive functions related to the projects of the organization, which include acquisition, leasing, development and financing. Immediately prior to founding Elevated, Sean was at CenterCal Properties, LLC for almost a decade as its Senior Vice President and General Counsel and was responsible for oversight of the company’s legal matters, ranging from the negotiation and documentation of transactions to dispute resolution. Before joining CenterCal Properties, LLC, he served for over five years as Senior Regional Counsel for the Western Region of Federal Realty Investment Trust. Prior to that, Sean held senior roles at Stanbery Development, The Gap, Inc. and The Lerner Corporation. Immediately upon graduation from law school, he was an associate in the real estate group at ShawPittman LLP (now Pillsbury Winthrop ShawPittman).

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Sean is a member of the ICSC Law Conference Planning Committee, an elected fellow of the American College of Real Estate Lawyers (ACREL), a magna cum laude graduate of Virginia Commonwealth University and the University of Pennsylvania Law School.

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Sean lives in Hermosa Beach with his wife (Conni), son (Billy), daughter (Alex), Labrador (Lucy) and cats (Charlie and Panther)

Gary D. Hall is the Chief Leasing Officer at Elevated Property Company, LLC, where he brings almost three decades of expertise in the commercial real estate industry. Gary is well-regarded in the industry for his integrity, professionalism, and proactive approach. His leadership and strategic vision have consistently delivered exceptional results, making him a valuable asset to Elevated Property Company, LLC.

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In his role, Gary is responsible for portfolio leasing, lease negotiations, tenant relationships, as well as development, acquisitions, and other corporate and executive functions to ensure the success of the projects and organization. Previously, Gary was with CenterCal Properties for thirteen years and was instrumental in driving the success (over 95% leased) of over twenty high-profile ground-up mixed-use, power centers, and promotional retail projects across five states. Before joining CenterCal Properties, LLC, he worked for multiple developers as well as the grocery retailer Albertsons.

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With a proven track record of managing and leasing large-scale retail, entertainment, hospitality, and office spaces, Gary is known for his strategic vision and impeccable tenant relationships, as well as his knack for transforming spaces into thriving community hubs.

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Gary graduated from Boise State University with a Bachelor of Business Administration in Finance. He lives in Boise, Idaho, with his wife Kellie and their two dogs, Frankie (a Sheepadoodle) and Auggie (a mini-Aussie). He’s a proud father of two fantastic young and aspiring adult children, Gabe and Gracie. When he’s not busy closing deals, Gary enjoys exploring the great outdoors of Idaho, indulging in his love for camping, hiking, pickleball, classic Mustangs, ATV/motorcycle adventures, golfing, and traveling with his wife and friends.

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Monica Wallace is the Director of Operations and Lease Administration for Elevated Property Company, LLC. With over 20 years of experience in lease management for office and retail properties, Monica brings excellent organizational and management skills to the table. She is dedicated to directing company operations in a growth-minded organization, ensuring that the day-to-day processes at Elevated run efficiently and without error.

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Prior to joining Elevated Property Company, she was the Senior Project Manager at CenterCal Properties, LLC. In this role, she was a critical part of the team that leased over 3 million square feet of premier retail and office space, as well as spearheading several initiatives: including the consolidation of resources for increased efficiency.

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Known for her interdisciplinary approach to management and directorship, Monica assists in all aspects of company operations, from property management to executive decision-making.  Her ability to quickly assess situations and develop effective solutions has contributed to the company's net growth and has fostered a welcoming environment for both employees and clients.

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Monica is a consummate professional whose commitment to excellence and growth has made her a key player in the success of Elevated Property Company, LLC.

Sean is the Vice President of Acquisitions for Elevated Property Company, LLC. Sean leads the company’s underwriting and project management functions for new project developments and acquisitions. In his career Sean has overseen several hundred million in retail transaction and development volume totaling more than 850,000 square feet across the states of California, Utah, Texas, Colorado, Tennessee, Louisiana and Kansas. He has over 10 years of experience working in commercial real estate, acquisitions and development having previously served as Acquisitions Manager at CenterCal Properties. Prior to CenterCal Sean was at Highpoint Capital Group where he oversaw the acquisition of 12 shopping centers. Sean graduated from Loyola Marymount University with a Bachelors of Business Administration Finance. Sean is a licensed real estate salesperson with the state of California and is a member of ICSC.
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He lives in Orange County with his wife Caitlin and daughter Jane.

Steve Brozo is the Senior Vice President of Construction and Development at Elevated Property Company, LLC. In this pivotal role, Steve spearheads the construction of all new project developments, encompassing site work, building construction, and landlord work for interior tenant improvements. Before joining Elevated, Steve spent nine years at Phillips Edison & Co. (PECO) as the Associate Vice President of Construction - West. There, he managed all construction projects for a portfolio of over 40 grocery-anchored shopping centers across Arizona, Nevada, New Mexico, and Texas. Additionally, he oversaw his team’s management of construction projects at 50 more assets in Colorado, California, Kansas, Oregon, and Washington. These projects ranged from multi-tenant buildings and single-tenant build-to-suit projects to façade remodels and interior tenant improvements. Steve’s real estate career began at Design Workshop, where he served for ten years as a regional planner and Landscape Architect. He managed design, entitlements, permitting, and construction for various projects, including mixed-use communities, high-end residential developments, parks and open spaces, and institutional projects.

A proud veteran, Steve received an honorable discharge from the United States Air Force after a four-year enlistment as a weapons instructor and gunsmith at Lackland Air Force Base in San Antonio, TX. Steve holds a Bachelor of Science in Landscape Architecture and Regional Planning (BSLA)from the University of Massachusetts, which included a one-year study abroad at Lincoln University in Christchurch, New Zealand. He also earned a Master’s in Real Estate Development (MRED) from the University of Utah. An active member of the International Council of Shopping Centers (ICSC) and the Urban Land Institute (ULI), Steve resides in Salt Lake City, UT, with his wife Britni and their sons, Harrison and Royce.

Lexie Byers is the Director of Leasing for Elevated Property Company, LLC. In this role, she is responsible for leasing new/existing projects, and tenant relations. Lexie is a dedicated and results-driven real estate professional with a Bachelor of Science in Business Finance from the University of Utah. With over three years of experience in the commercial real estate industry, Lexie understands both the tenant and landlord sides of the business. Lexie previously worked with Five Below, where she assisted in new store site selection in existing markets for Five Below, as well as develop and execute new market entry strategies to continue Five Below’s rapid westward expansion. She was involved in analyzing market data, conducting in-depth market research and new store deal negotiations. Additionally, Lexie played a pivotal role in managing the store fleet across her territory, ensuring optimal location choices to drive business growth and overall sales. Lexie is committed to driving value for both tenants as well as Elevated Property Co and our investors. She has a passion for retail and the commercial real estate industry, and a proven track record of success, Lexie continues to leverage her knowledge, relationships, and experience to contribute to the growth and success of Elevated Property Co.

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Alan is the Director of Construction for Elevated Property Company, LLC, overseeing construction for new developments and coordinating closely with leasing teams and tenants to deliver successful projects. He is involved from early due diligence and design through construction and turnover.

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With more than 15 years of experience in development, construction management, and civil engineering, Alan has worked across a range of asset types including retail, lifestyle, multifamily, and build-for-rent communities. Prior to joining Elevated Property Co., he held leadership roles in multifamily and national retail construction and began his career as a civil engineer.

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Alan holds a BS in Civil Engineering from Purdue University and an MBA from Westminster College. He is a licensed Professional Engineer in Utah.

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