Executives

Norton Herrick

Norton Herrick, Chairman and CEO, is a leading authority on net lease real estate transacting and financing. With offices in Boca Raton, Florida, Cedar Knolls, New Jersey and Norwalk, Connecticut, The Herrick Company, under Mr. Herrick's direction, has become a major force in the real estate marketplace over the past 50 years with income property transactions totaling over $3 billion. Known as one of the fastest and most reputable builders in the northeast United States, Mr. Herrick began his career in real estate, building residential real estate in record time, including large homes in less than 30 days and a 22-story, 300-unit high rise apartment building in just 54 days. Throughout the 1980's and 1990's, Mr. Herrick analyzed, purchased and sold apartment complexes throughout the eastern United States. Today he is considered a foremost authority on net lease transactions, including the structuring and financing of net lease and sale-leaseback transactions. He has earned the reputation as one of the fastest acquisition decision-makers and closers in the country.

Mr. Herrick was also the founder and former Chairman of MediaBay, Inc., a national NASDAQ public company specializing in the publishing and marketing of spoken audio content including audiobooks and classic radio shows.

Mr. Herrick is a longtime supporter of progressive and humanitarian causes. He has served on the National Board of Directors for People for the American Way, the Advisory Board of the Make-A-Wish Foundation and the Advisory Committee of the National Multi-Housing Council. Mr. Herrick is also the recipient, along with President Ronald Reagan and Isaac Stern, of the Jerusalem 3000 Award, presented by Prime Minister Shimon Peres.

Joe Surace

Joseph Surace is Vice President of Acquisitions and Dispositions at the Herrick Company and has over 20 years experience in commercial real estate, project finance and commercial equipment leasing.

Mr. Surace has held various positions in accounting, finance, structuring, new business origination and syndication. During his career, Mr. Surace has closed on over $5 Billion worth of domestic and cross border transactions. Mr. Surace holds a NASD Series 7 license, a BS in Finance and MBA degree.