Top La-Z-Boy Executive Joins Julius M. Feinblum Real Estate

Furniture World Magazine

Feinblum Expands Its Vertical Retail Division, Under The Direction Of Furniture Industry Real Estate Veteran, Tom Sprenger. Julius Feinblum, head of Julius M. Feinblum Real Estate, Inc., America's leading real estate company specializing in the furniture industry, announced today that Tom Sprenger, formerly Vice President Of Real Estate Development for La-Z-Boy will become Senior Vice President for Feinblum, effective immediately. Sprenger will be responsible for corporate real estate operations for Feinblum and will work with furniture manufacturers and retailers to help them with their real estate site requirements. According to Feinblum, "Having Tom on our team will give the Feinblum organization a decided edge when servicing corporate, manufacturer, and national chain clients, as well as our smaller retailer clients. He has been on both sides of the desk and knows the unique demands of client, broker, landlord, and developer." Noted Feinblum, "Tom is one of the true pioneers of the vertical retail concept. He helped create La-Z-Boy's successful retail program and has been responsible for site selection and negotiation for over 300 stores throughout the United States. Tom combines the best of both worlds because he has worked for La-Z-Boy, one of the giants of the industry, as well as one-on-one with local entrepreneurs who seek only a location or two. Tom is a walking encyclopedia of retail real estate knowledge throughout the United States and especially on the west coast. It is a real coup to have Tom Sprenger in our company." Prior to joining Feinblum, Sprenger worked for La-Z-Boy for twenty-five years. Advancing from sales manager for special accounts, Tom was one of the key people responsible for the development and success of the La-Z-Boy retail program. Sprenger's real estate acumen helped La-Z-Boy's retail operation grow to over one billion dollars in sales. He has recently retired from La-Z-Boy. Said Sprenger, "As a client, I was so impressed with the Feinblum organization that, when the opportunity arose, I was thrilled to have an opportunity to become part of the company. They are unequaled when it comes to experience, professionalism, intimate knowledge of retail real estate markets throughout the United States, and especially on the west coast. Feinblum's customer service and negotiating skills are unmatched in our industry." Said Feinblum, "With the current trend among manufacturers and retailers, who realize the importance of pursuing a vertical marketing approach, our company is uniquely positioned to play a major role in securing profitable retail locations for our clients." Julius M. Feinblum Real Estate, Inc. is America's largest real estate company specializing in the furniture industry. Since 1987, they have worked with furniture retailers and manufacturers to research and secure retail locations throughout the United States. Julius M. Feinblum Real Estate, Inc. is located at 175 Central Avenue South, Bethpage, New York, 11714. Phone: 516-844-8890. Fax: 516-844-8895. E-mail: jmfrealty@aol.com.