Knight Frank has expanded its retail leasing presence in Melbourne with two strategic appointments to strengthen its service offering.
Michael Di Carlo has joined the firm as Director, Retail Leasing, while Marie Formica has taken on the role of Retail Leasing & Projects Coordinator.
Both professionals have moved to Knight Frank from Cushman and Wakefield.
They will join forces with Knight Frank Partner, Leasing, Gary Loo, who brings over 25 years of experience with the firm, to continue building on Knight Frank’s extensive private and institutional client base.
Mr Di Carlo brings more than 22 years of experience in the commercial real estate industry.
Throughout his career, he has been responsible for many landmark CBD retail leasing deals across Melbourne’s key thoroughfares, including placements for numerous national and global brands.
Knight Frank Managing Director Victoria Dominic Long expressed enthusiasm about the growth of the Melbourne team.
“Gary Loo’s deep market knowledge, enduring client relationships and consistent delivery of outstanding results have made him a key figure in Melbourne’s retail property landscape,” Mr Long said.
“The addition of Michael and Marie sees the creation of a high-calibre retail team focused on delivering exceptional outcomes for clients.
“Michael is widely recognised as one of Melbourne’s most active and successful retail leasing agents, and will strengthen the retail team with his extensive industry network and a proven track record in securing high-profile CBD retail sites.
“Marie will play a pivotal role in enhancing the team’s delivery and strategic capabilities. With extensive operational and transactional expertise, Marie ensures seamless execution across projects while bringing a sharp strategic lens to every transaction.”
Mr Di Carlo said he was thrilled to be joining Knight Frank alongside Ms Formica to build a stronger, expanded retail team.
“We will be focused on delivering value and satisfaction to both landlords and tenants,” he said.
“In addition to leasing space in Melbourne’s retail market, we will also provide clients with retail project leasing, marketing and retail strategy development, and implementation services.
“Melbourne’s retail leasing market has seen a long-awaited resurgence with improved shopper traffic, higher levels of domestic and international tourists and the introduction of many global hospitality and retail brands, particularly in the CBD.
“We are confident that this trend will continue in the next year ahead.”
