Jay Lustig
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Jay Lustig Email & Phone Number

Accomplished Real Estate Development Leader Specialized in Driving Growth & Expansion | Relationship Management & Goal-Focused Executive at Wright Partners
Location: Richmond, Virginia, United States 5 work roles 5 schools
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Role
Accomplished Real Estate Development Leader Specialized in Driving Growth & Expansion | Relationship Management & Goal-Focused Executive
Location
Richmond, Virginia, United States
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Jay Lustig is listed as Accomplished Real Estate Development Leader Specialized in Driving Growth & Expansion | Relationship Management & Goal-Focused Executive at Wright Partners, a company with 5 employees, based in Richmond, Virginia, United States. AeroLeads shows a matched LinkedIn profile for Jay Lustig.

Jay Lustig previously worked as Regional President at Wright Partners and Vice President of Planning & Development at Patient First. Jay Lustig holds Graduate Certificate, Real Estate And Urban Land Development from Virginia Commonwealth University - School Of Business.

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Wright Partners

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About Jay Lustig

As an Accomplished Real Estate Development Leader, I have proven success in driving growth and expansion. Throughout my 20+ years of strategic leadership, site selection & design, and project management, I have been recognized for my ability to build, maintain, and grow long-lasting relationships. It is my goal to deliver high-quality outcomes and achieve aggressive business targets.Key Achievements Include:✅ Built the Richmond, VA office from the ground up, specializing in single-tenant retail and small shopping center projects to expand the Philadelphia-based real estate company’s geographic footprint✅ Delivered 10 successful projects spanning 80K square feet across 5 states (Virginia, North Carolina, Maryland, New York, and Connecticut) with budgets ranging from $2M to $8M in total value, contributing to growth and financial success of company✅ Oversaw the development and expansion of new medical centers, successfully expanding the network from 12 medical centers in 2 states to 73 medical centers in 4 states, dramatically increasing market presence, accessibility, and revenue✅ Propelled annual revenue from $25M to $369M during tenure, proactively identifying and capitalizing on new expansion opportunities, including new markets, delivery methods, and strategic alliances✅ Championed relationship management, building and nurturing relationships with strategic partners, third-party developers, financial institutions, attorneys, landlords, engineers, architects, and contractors, enhancing the corporation's market position and access to essential resourcesContact me through this profile if you wish to connect.

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Jay Lustig's current company

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Wright Partners
Wright Partners
Accomplished Real Estate Development Leader Specialized in Driving Growth & Expansion | Relationship Management & Goal-Focused Executive
media, pennsylvania, united states
Website
Employees
5
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5 roles · 34 years

Jay Lustig work experience

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Regional President

Current

Richmond, Virginia

  • Built the Richmond, VA office from the ground up, specializing in single-tenant retail and small shopping center projects to expand the Philadelphia-based real estate company’s geographic footprint.
  • Spearhead site selection and design for new and existing Fortune 500 clients such as AutoZone, Starbucks, and Taco Bell, ensuring optimal location for visibility, accessibility, and revenue generation.
  • Execute comprehensive site searches and analyses to identify prime development opportunities, considering factors such as location, market potential, and zoning regulations.
  • Steer the acquisition process, negotiating purchase agreements and coordinating with legal and financial institutions to secure properties on favorable terms.
  • Conduct in-depth due diligence to ensure project feasibility and compliance with local and state regulatory requirements.
  • Partner with civil engineering experts to develop detailed site plans and infrastructure designs, striving to achieve alignment with project goals and client specifications.
Feb 2018 - Present

Vice President Of Planning & Development

Richmond, Virginia Area

  • Promoted from Director to VP in 2014 based on an impressive performance record and exceptional leadership abilities.
  • Propelled annual revenue from $25M to $369M during tenure, proactively identifying and capitalizing on new expansion opportunities, including new markets, delivery methods, and strategic alliances.
  • Navigated the transition from in-house project development to a third-party development model, expertly managing the external development firms to ensure the achievement of the company’s goals.
  • Oversaw the development and expansion of new medical centers, successfully expanding the network from 12 medical centers in 2 states to 73 medical centers in 4 states, dramatically increasing market presence.
  • Played a pivotal role in a nationwide search for an external company to manage a new site selection model, interviewing and selecting the company to advance Patient First Corporation in a forward-moving trajectory.
  • Contributed expertise and strategic guidance to design of a prototype medical center, ensuring retail appeal and cost effectiveness.
Jul 2014 - Feb 2018

Director Of Planning & Development

Richmond, Virginia Area

Aug 1997 - Jul 2014

General Manager

Play

Richmond, Virginia Area

  • Managed 7 direct reports, overseeing operations, finance, and sales, leveraging superior leadership skills to consistently accomplish the company's goals and objectives.
  • Gained valuable operational experience, enhancing knowledge applicable to future positions within other organizations.
1996 - 1997 ~1 yr

Commercial Banker

Richmond, Virginia Area

  • Rapidly advanced within the organization, earning promotions from credit analyst to senior credit analyst to associate relationship manager to relationship manager, demonstrating a commitment to excellence and.
  • Acquired comprehensive knowledge of financial administration, including budgeting, forecasting, and financial reporting, essential for future real estate development roles.
  • Directed the daily operations of 6 financial professionals, overseeing training efforts, scheduling, and performance reviews.
  • Led the management of a customer portfolio in the commercial banking division, spearheading the ongoing analysis of financial performance and administration, executing complex problem-solving, and empowering new.
1992 - 1996 ~4 yrs
5 education records

Jay Lustig education

Atheneum

Eerste Christelijk Lyceum

Education record

Basisschool Kinheim
FAQ

Frequently asked questions about Jay Lustig

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What company does Jay Lustig work for?

Jay Lustig works for Wright Partners.

What is Jay Lustig's role at Wright Partners?

Jay Lustig is listed as Accomplished Real Estate Development Leader Specialized in Driving Growth & Expansion | Relationship Management & Goal-Focused Executive at Wright Partners.

Where is Jay Lustig based?

Jay Lustig is based in Richmond, Virginia, United States while working with Wright Partners.

What companies has Jay Lustig worked for?

Jay Lustig has worked for Wright Partners, Patient First, Play, and Bank Of America.

Who are Jay Lustig's colleagues at Wright Partners?

Jay Lustig's colleagues at Wright Partners include Kate Dean and Alexa Karakitsios.

How can I contact Jay Lustig?

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What schools did Jay Lustig attend?

Jay Lustig holds Graduate Certificate, Real Estate And Urban Land Development from Virginia Commonwealth University - School Of Business.

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