Chicago, Illinois–June 6, 2006–NRC Realty Advisors, LLC, announced today the hiring of Avry Davidovich as Senior Vice President, Business Development.
He will be responsible for expanding the company's opportunities in the convenience store (C-Store) industry as it rela tes to both divestitures and real estate and
financial advisory services, areas in which he has over 28 years of executive-level experience.
"Avry's addition helps us on two fronts," explained NRC partners Evan Gladstone, Dennis Ruben, and Hope Mineo. "On the broad front, it demonstrates our commitment to
further expand our c-store presence. He's a recognized industry leader, and he'll prove an invaluable asset as we continue our reach into this competitive market.
Second, he brings a long resume filled with operational experience, expertise that will enhance our rapidly expanding real estate financial advisory services
division—especially as it relates to convenience stores. We're now well-positioned to strategically grow both of these areas; Avry will help us execute this plan."
Davidovich brings to NRC over 28 years of executive-level operational experience in the convenience retailing/petroleum marketing industry.
He began his career with Emro Marketing (a subsidiary of Marathon Oil), rising from a single store manager in 1978 to special assistant to the President in 1987.
In 1989, he founded Davidovich Oil Company, which he sold to FFP Operating Partners (FFP) in 1992. He subsequently served as FFP's Executive Vice President and Board Member,
overseeing the operations of the company's 400 stores. In 1997, he founded Vista Convenience Stores, serving as President and CEO. Within four years, Vista had
grown to 120 stores in five states. Davidovich left Vista in 2001 for b2b Solutions, a full-service consulting firm for retailers and their suppliers,
where he served as a consulting partner.
Davidovich earned a philosophy doctorate in Mathematics from the University of Tel Aviv and is a graduate of the University of Michigan's Executive Education
program in Advanced Corporate Conceptual Management.
NRC Realty Advisors, LLC, specializes in the accelerated sale of North American commercial real estate property. With a concentration in the convenience story
industry, NRC provides divestiture and real estate and financial advisory services. Since 1989, it has sold more than 10,000 parcels, including 1,600 sites
(generating $.5 billion) in the past 3 years alone. Clients include globally-recognized market leaders in a variety industries, including petroleum
(BP, Shell, and Sunoco), convenience stores (White Hen, am/pm), financial institutions (GE Capital, Bank One, and Wachovia), retail (Kmart),
and closely-held distributorships and independent retailers.
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