Key Takeaways
- • Broad Reach Retail Partners, a privately held owner and operator of grocery-anchored shopping centers, appointed Matthew Annibale as Vice President of Acquisitions and J.P. Ward III as Acquisitions Associate, per a November 12, 2026 PRNewswire-PRWeb announcement.
- • Annibale brings more than 10 years of acquisitions experience and has led the acquisition and disposition of more than $1.5 billion in retail properties nationwide.
- • Annibale previously served as Vice President of Acquisitions at AGW Partners LLC, Retail Sites, LLC, and First National Realty Partners (FNRP), where he helped establish the firm as one of the most active buyers of grocery-anchored centers.
- • Ward previously worked on the Debt & Structured Finance team at CBRE Capital Markets in Dallas, arranging senior financing for institutional sponsors across multifamily, industrial, and retail properties.
- • The hires support Broad Reach's acquisitions capabilities as it grows its national portfolio, which the company says comprises 66 centers totaling over 5 million square feet since its 2006 founding.
Summary
Nate Tower, Founding Partner and CEO of Broad Reach, said Annibale brings a decade of proven acquisitions leadership and a track record of executing complex transactions at scale. Tower said the company is growing its pipeline and described the hire as an investment in the company's future.
Annibale has more than 10 years of acquisitions experience and has led the acquisition and disposition of more than $1.5 billion in retail properties nationwide. He previously served as Vice President of Acquisitions at AGW Partners LLC and at Retail Sites, LLC, where he built acquisitions and investor platforms from the ground up. He spent four years as Vice President of Acquisitions at First National Realty Partners (FNRP), where the release says he helped establish the firm as one of the most active buyers of grocery-anchored shopping centers in the country. GlobeStreet recognized him as one of the most influential leaders in retail real estate. He holds a Bachelor of Science in Integrated Business & Engineering from Lehigh University.
Ward brings a capital markets background. Before joining Broad Reach, he worked at CBRE Capital Markets on the Debt & Structured Finance team in Dallas, Texas, where he arranged senior financing for institutional sponsors across multifamily, industrial, and retail properties. The release describes him as a Baltimore native and former lacrosse player at the University of Delaware.
According to the release, Broad Reach was founded in 2006 and has owned, leased, or managed 66 centers representing over 5 million square feet. The company's stated mission is to maximize the potential of underutilized shopping centers through focused leasing, disciplined buying, and meticulous management.
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