NEW YORK -- Market-leading commercial tenant experience technology firm, Equiem, has added New York real estate veterans Michael Spies and Richard B. Saltzman to its Board of Directors.
Michael Spies is the Founder of Fuse Strategies, an investment and advisory platform active within property and technology. Prior to Fuse, Michael was a senior executive at Tishman Speyer, where over 30 years he pioneered entry into multiple international markets, led its European and India businesses, and chaired its global investment committee. He also established the firm's innovation initiatives, including the conception of ZO., a pioneering workplace services platform, and Studio, a flexible working platform. Michael is a Global Governing Trustee of the Urban Land Institute; serves on the Board of Directors of TechnoServe; and on the Advisory Board for the Taubman Center in State and Local Government at Harvard University's Kennedy School.
Richard B. Saltzman is a private investor focusing on strategic affiliations with real estate and financial services operating platforms that include Ranger Global Real Estate Advisors and Peaceable Street Capital. Most recently, he was President and CEO of Colony Capital, Inc. where over more than 15 years he helped transform the firm from a single opportunistic global strategy with approximately $3 billion of assets under management to a diversified real estate investment manager and owner with a greater than $43 billion footprint. Prior to that, he spent 24 years in investment banking primarily at Merrill Lynch where he was the Global Head of Real Estate, amongst other responsibilities, for many years. Richard is also currently on the board of directors of Kimco Realty Corporation, is Chairman of Colony Credit Real Estate Inc., and serves on the board of the I Have a Dream Foundation.
The pair are the firm's first US-based board members and will advise on the company's ongoing expansion across the USA, as well as Equiem's global growth strategy and product line.
The announcement caps off a busy few months for Equiem's US business, following expansions into Boston, Los Angeles and Austin. The firm's technology is now rolled out across more than 18 million sq ft of prime commercial space in the USA, and is used by over 170,000 users across 70 million sq ft of space worldwide.
Commenting on the new hires, Gabrielle McMillan, CEO of Equiem said:
"Michael and Richard both command enormous respect within the real estate industry and will bring a wealth of additional experience and knowledge to our board. Michael's expertise in developing and scaling innovative workplace solutions will help us to keep raising the bar for tenant experience technology, whilst Richard's unparalleled knowledge of the investor market will ensure we keep tailoring our product to the precise needs of today's commercial real estate owners and investors. Their appointments are a real sign of intent for us as a business and will help us further consolidate our position as the industry leader, both here in the USA and around the world. We look forward to working with Michael and Richard and to what will no doubt prove a hugely fruitful relationship with them both."
Ferguson Partners advised Equiem on both appointments.
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Equiem is the global leader in commercial tenant experience technology.
The firm works with leading property owners and managers in the global real estate industry to breathe life into their buildings, by transforming them from mere brick & mortar structures into vibrant, connected and engaged communities with services and experiences that enrich occupants' lives.
Equiem's market-leading app, used by 170,000 people across 60 million sq ft (5.5 million square metres) of commercial real estate worldwide, helps landlords attract and retain occupiers, deliver seamless tenant communication, supercharge onsite retail and services, and unlock additional asset value across their portfolios. With comprehensive, easy-to-use dashboards, Equiem's app also offers the most advanced tenant analytics in the market, providing clients with rich, actionable intelligence that drives smarter, more effective tenant engagement.
Founded in 2011, Equiem has offices in Australia, the USA, the UK and The Philippines.