X Commercial has secured a key deal for its agency and created a new subdivision called X Commercial Capital as it continues on its rapid growth trajectory.
Darron Levin joins from Intera Group, where he served as General Manager of Property for the past 10 years.
He was instrumental in turning it into a multi-billion dollar institutional real estate company.
Mr. Levin has an MBA from UNSW and brings more than 20 years of commercial and retail management experience spanning various senior positions in major real estate companies in the US, Canada, South Africa, China, Hong Kong and Australia.
Prior to his last role, Mr. Levin held a senior position at Westfield for six years.
X Commercial Chief Executive Officer Daniel O’Brien said he was excited and proud to start a new company and division with an executive of Mr Levin’s caliber.
“I was flattered when Darron approached me to start this new company as he sees the potential for further growth for X Commercial,” said Mr. O’Brien.
“Darron will play a large role in supporting and executing the growth plans and will provide many other services through this new division that we call X Commercial Capital.”
Mr. Levin said he joined X Commercial because he was impressed with its name, branding and overall culture.
“I see amazing potential in the new division we are calling X Commercial Capital to add many more businesses such as equity raising, real estate syndication, in-house maintenance services, facilities management, sustainability consulting, development management and project management.
“I’ve been watching X Commercial since its launch and it’s pretty amazing the services they are now able to offer their customers.
“In addition, it has a large network of successful brokers in the agency business and is a real ‘one-stop shop’ for all investors and owners of commercial real estate.”
Launched in July 2021, X Commercial operates out of four major metropolitan areas – South Sydney, Chatswood, Inner West and Surry Hills.
The group is on track to close more than 700 real estate deals in the first 12 months of trading, with 40 professionals in sales, leasing and asset management, with 1,400 commercial properties under management valued at more than $1.5 billion.
For more information please contact Daniel O’Brien on 0404 860 747