January 5, 2006

Paul J. Nasser is Elected President of the Massachusetts Chapter of NAIOP

Paul J. Nasser was recently elected President of the Massachusetts Chapter of the National Association of Office and Industrial Properties (NAIOP).  Paul Nasser, CFO and COO of Intercontinental Real Estate Corporation, will serve as the 2006 President.  Mr. Nasser has been an active member of NAIOP for nearly a decade, serving on both the Board of Directors and the Executive Committee. 

As President, Mr. Nasser will work with members of the NAIOP team to help guide the Chapter’s operations.  He will oversee the activities of NAIOP’s committees including: Public Affairs, Membership, Charitable Events, Education, Programs, Special Events and Bus Tour.  “It is an honor to be a part of such a well respected organization.  NAIOP has a clear vision for the future and is committed to providing a wealth of services and programs to local real estate professionals,” said Paul Nasser.  

As CFO and COO of Intercontinental Real Estate Corporation, Mr. Nasser is a member of the investment committee and oversees the Institutional Services Group, Performance Reporting, Accounting, Finance, Marketing, Human Resources and Administration.  Prior to joining Intercontinental, Mr. Nasser was Senior Vice President and Team Leader in Fleet’s Real Estate Finance Group.  Before joining Fleet, he held various senior management positions in the banking industry.  Mr. Nasser is an active member of several civic and charitable organizations including: Junior Achievement of Eastern Massachusetts; Greater Boston Board of Real Estate; National Council of Real Estate Investment Fiduciaries (NCREIF); National Association of Real Estate Investment Managers (NAREIM); and the Pension Real Estate Advisory (PREA).

A native of Massachusetts, Mr. Nasser received his BA in Urban Planning from the University of Rhode Island and his MBA from Suffolk University. 

Intercontinental Real Estate Corporation is an SEC registered investment adviser and real estate operating company with expertise in real estate investment, development, construction management, and asset management. The company has developed over $3 billion in real property assets across all property types including commercial, mixed use, hotel, recreational and residential projects.  Presently, Intercontinental manages a portfolio in excess of $1.3 billion for its clients and is actively seeking opportunities to invest in core enhanced properties and value oriented development projects.