Built on integrity, commitment and excellence.
The true measure of a company is the reputation of its people. Earning the respect and trust of retailers, developers, property owners, government officials and the broker community has helped Western Retail Advisors grow from one primary client to more than twenty clients today. We are proud of the strength of our relationships, our extensive market knowledge and our thorough understanding of complex real estate negotiations.
Our highly experienced team is dedicated to the customers we serve, and passionate about achieving results on their behalf.
Southern California Team
Eric Termansen is President and Founder of Western Retail Advisors. Under his vision and leadership, the company has grown from three retail clients in 2001 to representing more than 50 high-profile retailers and developers across the United States.
Throughout his two-decade career in retail real estate, Eric has built a reputation of developing and maintaining exceptional client relationships. His experience includes directing multiple national rollouts for mid box retailers, consulting on corporate acquisitions, and marketing large, national sale-leaseback transactions.
Eric represents a variety of retailers including PetSmart, Harkins Theatres, Target, Sports Authority, Whole Foods, Jo-Ann Fabrics, Gordman’s, The Container Store, and Stein Mart.
After earning a B.A. in Economics from the University of Western Ontario, Eric began his real estate career at North American Development Group. He then managed real estate site selection for Future Shop, a division of Best Buy. In 1995 PetSmart invited Eric to join their team as Director of Real Estate, overseeing new store growth for 25 western states and all of Canada. Eric launched Western Retail Advisors in 2001 after discovering the need for specialized, retailer-focused tenant representation.
Eric is an involved member of both the International Council of Shopping Centers and the Urban Land Institute. As long-time Arizona residents, Eric, his wife Lauri, and daughter Elsa actively support a variety of local and national arts and charitable organizations including Florence Crittenton of Arizona, the American Heart Association and United Way.
Chris Stamets, Principal, joined Western Retail Advisors in 2004. With more than 20 years of commercial real estate experience, Chris has specialized in national and regional tenant representation; assisting in local expansion and national roll outs. During his career, Chris has exclusively represented retailers such as Sports Authority, PetsMart, Top Golf, Circuit City, Jos A Bank, First Bank, Jared and BedMart.
In addition to tenant representation, Chris has assisted Landlords and Retailers in leasing excess space. He has designed strategic merchandising and leasing strategies for companies including Vestar, DDR and Sears.
An accomplished retail broker, Chris launched his career at Grubb & Ellis, where he twice achieved the honor of top retail producer. Later, as Director of Real Estate for CompUSA, Chris developed market strategies, negotiated transactions, oversaw store construction and coordinated real estate dispositions in the western United States. After CompUSA, Chris opened the Phoenix branch of Staubach Retail Services, and earned the company’s prestigious MVP award for outstanding leadership and service.
Chris graduated from the University of Kansas. He is active with the International Council of Shopping Centers and serves as Life Member of the Phoenix Thunderbirds. Chris resides in Scottsdale, Arizona with his wife Deborah and their three children.
Neil Board is Vice President of Western Retail Advisors. As a member of the team since 2010, Neil’s focus is retail tenant and landlord representation. He works closely with each client to develop and implement effective, responsible market strategies and plans.
As an experienced real estate broker, Neil has managed strategic, regional and national market expansions for a variety of anchor tenants, big box retailers and banking tenants including Ross, JCPenney, Total Wine & More, Shoe Carnival, and JP Morgan Chase. Also, as a representative for national and regional developers, Neil assisted with the leasing, merchandising and marketing of several, significant regional shopping center projects for Vestar, Kimco, Kornwasser Properties and Park West.
An active member of the International Council of Shopping Centers, Neil has received many industry honors including Staubach’s Retail Rising Star Award in 2007, and the Co-Star Power Broker Award for Phoenix, in 2008 and 2009.
Neil graduated from Northwestern University in Evanston, Illinois, earning a B.A. in Economics. A native of Arizona, he resides in Scottsdale with his son Charlie.
Ryan applies his extensive retail leasing and development expertise to lead Western Retail Advisors’ Landlord Representation team. For more than a decade Ryan worked with premier retail development firms: Vestar in Phoenix and First Washington Realty in Washington D.C., where he gained broad industry understanding overseeing leasing, development and acquisition efforts. His diligence and drive can be seen in career accomplishments including the successful acquisition of regional power and lifestyle centers, the completion of large ground-up development projects of 700,000 to 1 million square feet and the successful leasing of over 7 million square feet of retail space. As a Phoenix native, Ryan’s deep market knowledge, along with an ingrained ownership mentality, provide landlords with the solutions-based approach they are looking for in a brokerage team.
Ryan holds a Bachelor of Arts with Honors from Loyola Marymount University and an MBA from Harvard Business School. Ryan is an involved member of the International Council of Shopping Centers and is active in the community through his roles on the boards of both the Heard Museum and the HBS Alumni Club of Arizona. He lives in Phoenix with his wife Katherine and their three children, Ellie, Patrick and Tatum.
With 15 years of commercial real estate experience, Brian specializes in facilitating landlord and retailer leasing, investment sales and property marketing. He serves as a vice president in Western Retail Advisors’ Phoenix office.
Before joining WRA, Brian held the position of vice president of leasing for American Realty Capital Properties (formerly Cole Real Estate Investments). During that tenure, he managed a portfolio of 50 shopping centers totaling 10 million square feet while leasing over 1.5 million square feet with a combined transaction value of over $150 million.
Brian graduated from the University Of Arizona, earning a communications degree and a minor in business administration. He is a member of the International Council of Shopping Centers. Brian resides in Scottsdale, Arizona with his wife, Laura and their four children.
Vice President Restaurants & Entertainment
Growing up around family-owned restaurants, Chris has an innate passion for the hospitality industry that he channels into representing WRA’s restaurant and hospitality clientele.
Throughout his career, Chris honed natural interest into professional expertise. His training began at the age of 14 when he started working in and later managing Phoenix-area restaurants, lounges and clubs. At 29, Chris took ownership of his first restaurant, adding a second two years later. During his tenure as a manager and then owner, he presided over $83.0 million in gross sales at these establishments. Since 2011, Chris branched out into restaurant real estate. He gained brokerage experience at Newmark Grubb Knight Frank and GDC/RE before joining WRA. His accolades include numerous television cooking appearances, professional public speaking opportunities and the 2011 Future Award, which recognizes Arizona’s Finest Business People Under 35.
Chris is a second-generation Arizona native who was raised in North Scottsdale. He holds a Bachelor of Science degree from Arizona State University. Chris is a member of the International Council of Shopping Centers and supports several philanthropic causes including the Cystic Fibrosis Foundation. Chris and his wife live in Scottsdale with their three rescue dogs.
Senior Vice President
Bryan Ledbetter joined the team at Western Retail Advisors in 2017, serving as Senior Vice President. He brings with him a strong background in commercial real estate, and has worked extensively in the field for many years in Arizona.
Bryan has prior experience as a Director of Retail Marketing and Leasing, handling the leasing of numerous shopping centers, both anchored and unanchored. He represented retailers and restaurants in both site selection and lease negotiation. During his previous work as a Commercial Property Manager, he managed over 400,000 square feet of mixed-use office, industrial and retail properties. As a Commercial Asset Manager, he was responsible for a portfolio valued at over $100 million.
Bryan has received the CoStar Power Broker Award over multiple years, and is an active member of the International Council of Shopping Centers.
Earning his degree from the Arizona State University Real Estate Program, Bryan also attained the designations of Certified Commercial Investment Member (CCIM) and Certified Commercial Leasing Specialist (CCLS). He lives in Chandler, Arizona with his wife and two sons.
David Uhles, Associate, has been part of the Western Retail Advisors team since 2004. As a licensed broker in Arizona, David works with clients to ensure productive, prudent and expedited transactions.
David’s experience and extensive knowledge of Geographic Information Systems (GIS), market analysis and geography have been of vital importance to clients and advisors; helping to guide crucial site analytics, selection and approval. He also provides tenant representation for clients including Performance Bike and Bright Now! Dental.
Starting at the City of Phoenix, David has spent more than a decade in commercial real estate. He served as a site location analyst for PetSmart for more than five years, reviewing, analyzing and approving more than 150 store locations for the Phoenix-based company before joining Western Retail Advisors.
A graduate of Arizona State University, David earned a degree in Urban Geography. He is a member of the International Council of Shopping Centers. David was born in Phoenix, grew up in Colorado and now resides once again in Phoenix with his wife Kristin and daughter Lena.
A Phoenix native with over 10 years of commercial real estate experience, Bryan specializes in landlord representation, tenant representation and investment sales.
He joins WRA from Weingarten Realty where he oversaw leasing for 24 shopping centers covering over 2.3-million sq. ft. in Phoenix, Tucson and Albuquerque. Bryan’s expertise includes market and financial analysis along with contract writing and negotiation. In the last four years he’s closed over 110 transactions worth an estimated $35 million, to which he was awarded High Rent Growth Producer Q2 2013, High Revenue Producer 2014, Top Revenue Producer 2014 and Top Revenue Producer Q4 2015. Bryan began his career as a Development Intern with Vestar.
Bryan holds a Bachelor of Science in Real Estate from Arizona State University. He is a member of the International Council of Shopping Centers. He lives in Scottsdale with his wife, Natalia, and their two children, Isabella and Bennett.
Adam Smith, a member of the Western Retail Advisors team since 2007, is an Associate. Adam got his start in the industry as a research analyst, but as associate he now specializes in tenant representation and landlord representation.
Adam’s previous experience in market research and site analysis have proved invaluable in advising his clients. On the tenant side, Adam has been focused on the development and execution of the market entry strategies for CycleBar and Lady Jane’s. Additional clients include: Visionworks, Hand & Stone Massage, and Fit Body Boot Camp.
Adam started his career as a designer at a graphic design firm in Portland, Oregon. Raised in Vancouver, Washington, this Portland, Oregon native now resides in Phoenix, Arizona.
Content Marketing Specialist
Cathy Mauck joined Western Retail Advisors in 2006. Overseeing Administration for the company, Cathy assists Chris Stamets and other members of the team to ensure a seamless, professional experience for clients and associates.
Cathy has a wide-range of experience working with clients. Prior to joining the company, she served as a sales representative and office manager for an event rental company; managing high-visibility events for a number of clients including Arizona State University and the Arizona Cardinals. She also worked as an Assistant Store Manager for Illuminations, gaining valuable retail and management experience.
An honors graduate of SUNY College at Fredonia in New York, Cathy earned a degree in Interdisciplinary Studies in Music Business. She was born in Houston, Texas and currently resides in Gilbert, Arizona.
Technology GIS Specialist
As a technology & GIS specialist for Western Retail Advisors, Doug’s responsibilities include researching and maintaining market-specific data and providing technical support to brokers and clients using both GIS and graphic design software. Doug creates cartographic and demographic materials for commercial real estate market analysis and provides detailed up-to-date visuals for a wide range of retail projects and presentations. He joined the WRA team in 2013.
Doug has seven years of GIS experience starting his career as a GIS technician at the CBRE Locations Analytics & Mapping Center in Phoenix, Ariz. Before making the transition to the commercial real estate sector, Doug worked for the city of Scottsdale in the Advanced Planning Department where he helped update the city’s general plan and worked on mixed use and streetscape projects.
He graduated from the University of Arizona with a Bachelor of Science degree in Urban and Regional Development. Doug was born in Tucson, Ariz. and now resides in Phoenix with his wife Linsay & daughter Kaylee.
As an Associate in the Phoenix office, Madison is active in both landlord and tenant representation. In addition to overseeing his own client accounts, Madison supports other WRA brokers and their landlord and tenant clients. Having joined WRA in 2016, Madison has quickly become an indispensable member of the team.
Prior to moving to Phoenix and joining WRA, Madison was in Houston, TX where he oversaw the management and operations of 15-20 multifamily buildings for Midtown Properties Inc. During his tenure at Midtown, he also served as lead agent and facilitated the marketing effort for a group of 10 agents. In 2013, Madison graduated from UCLA with a bachelor’s degree in history. There he played varsity football and baseball. His baseball team won the Pac-12 Divisional Championship and participated in the College World Series.
Makenna Boyle is an enthusiastic, team player that brings broad experience in commercial real estate to the Western Retail Advisors team. As an Account Manager, she oversees tenant accounts and assists brokers with tracking deal flow, tour materials and client communication.
Before joining the WRA team, Makenna spent the last four years at Evergreen Devco, an accomplished Phoenix-based retail developer and owner. There she supported a number of development managers with due diligence, consultant contracts and utility coordination for a variety projects. She also coordinated marketing efforts, processed new leases and coordinated dispositions with various broker teams.
Makenna is an Arizona State University graduate with a Bachelor of Arts degree in Business Communication. She has an active Arizona real estate brokerage license and is involved with several professional and charitable organizations including Urban Land Institute, ICSC, Brokers for Kids and Valley Partnership.
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Ryan Sullivan is a Principal of the Western Retail Advisors California office. With 17 years of experience, Ryan Joined the team in 2008 by opening the California office.
Ryan’s expertise lies in tenant representation, handling all facets of a retailer’s expension needs. Through his work, Ryan has gained vast knowledge of the markets in Central and Southern California. Ryan’s primary focus has been developing and executing market entry strategies for retailers such as Sprouts Farmers Markets, Tesco’s Fresh & Easy, Dick’s Sporting
Goods, Harkins Theatres, Henry’s Markets, Five Below and Ulta Cosmetics.
On the Landlord side Ryan has worked with quality Developers such as Vestar, Alberta Development Partners, Evergreen, The Charles Company and Rich Development. Ryan recently lead the leasing
team on the successful ground up development of the Downey Promenade a 650,000SF regional power center anchored by Cinemark, Walmart, TJX HomeGoods and Benihana.
In addition to the retailers mentioned above, Ryan’s past experience includes representation of Home Depot, REI, Wild Oats, Men’s Warehouse and Circuit City. Current clients include: Sprouts Farmers Market, Harkins Theatres, Orchard Supply Hardware, Ulta Cosmetics, PetSmart, Sports Authority, Floor & Decor, Burlington, Five Below and Kirkland’s.
Jeff is a Principal at Western Retail Advisors in Irvine, CA, a firm focused on providing Retail Tenant Rep Brokerage Services and Shopping Center / Landlord Leasing Services throughout Southern California.
Prior to his current role, Jeff started his career in 2000 as a broker at Pacific Retail Partners where he was responsible for developing and executing rollout strategies for a number of retail clients, including Target, Nordstrom Rack, Tesco’s Fresh & Easy (introduced to Southern California), Dick’s Sporting Goods (introduced to Southern California), CVS Pharmacy, and Kragen/O’Reilly, to mention a few.
Currently, Jeff represents Nordstrom Rack, Floor & Décor, Petsmart, Burlington, Orchard Supply Hardware, PGA Tour Superstores, Harkins Theaters, Kirklands, LA FItness, Five Below and Guitar Centers. In addition, Jeff has extensive experience assisting quality Landlord’s such as Vestar, Alberta Development, Pacific Development, Burnham USA / Burnham-Ward and Rich Development with the marketing and leasing of their Shopping Centers.
Over the span of his career Jeff has become well versed in the Southern California Commercial Real Estate Market and has a very strong network of relationships with developers, property owners, brokers, and city officials. Jeff and the rest of the team at Western Retail Advisors take great pride in providing the very best market information, service, and materials to their clientele.
Jeff graduated from the University of Southern California, earning a B.S. in Political Science.
Carla Alvear, Office Manager for the Irvine, California office of Western Retail Advisors, works closely with the executive team to oversee office operations and management.
With more than 10 years of commercial real estate experience, Carla helps manage all aspects of the Irvine office including administration, staff, marketing, and information technology. Prior to joining Western Retail Advisors, Carla served as an Administrative Assistant to the President of a Long Beach-based commercial real estate brokerage firm, and was then promoted to managing and coordinating day-to-day operations at the company.
Carla graduated from California State University at Long Beach with a degree in Psychology. She resides in Lakewood, California with her husband Kevin.
Research & Graphic Specialist
Eric Whitmer, joined the Western Retail Advisors team in 2012 as a Graphic Designer and Mapper.
Designing visual representations to support site analysis, property marketing and client presentations, Eric creates and prepares aerial images, maps and site plans.
Eric has 14 years graphic design experience and started his career as a graphic designer and production artist at a specialty print shop in Southern California. Eric studied graphic design and digital illustration at Golden West College.
Eric has started his career in the real estate business over the last few years. Eric has worked with RICH Development, Vestar, Evergreen Development and Paragon Development in their leasing efforts for various projects around Southern California
Susan joined Western Retail Advisors in 2014 as an Associate Broker and has over five years of commercial real estate experience. She specializes in both retail tenant and landlord representation in the Southern California retail market.
On the tenant side, Susan has been focused on the development and execution of Southern California market entry strategies for both Five Below and Amazing Lash Studios. Additional clients include: LA Fitness, Guitar Center, Pure Barre and Noah’s Bagels.
On the landlord side, Susan has been part of the team assisting quality Landlords such as Vestar, Alberta Development, La Caze Development, and Burnham USA / Burnham Ward with the marketing and leasing of their Shopping Centers.
Susan’s experience in the market has led to a strong network of relationships with developers, property owners, and brokers. Prior to joining WRA, she spent three years with a commercial brokerage team at CBRE, Inc. in Newport Beach, CA.
Susan graduated from the University of Florida with a Bachelor of Science degree in Business Management where she was also Captain of the Women’s basketball team. She and her husband, Lane, currently reside in Irvine, California.
Ricky Borane joined Western Retail Advisors in 2016 with experience beginning his senior year of undergraduate studies, as an Intern at Larsen Baker; a Tucson developer and owner of over 2 million sq. ft. of retail properties throughout Southern Arizona, working in Leasing & Acquisitions. Upon graduation, Ricky took a role at JLL as a market research analyst supporting Corporate Tenant Representation, Agency Leasing, Capital Markets, and Industrial product types. With a passion for retail, Ricky went on to join The Corritore Company as an Associate focused on leasing specialty retail projects throughout the Phoenix & Scottsdale metro areas, as well as represent specialty retail tenants in market rollouts, both locally and nationally.
Ricky earned his B.S. in Business & Public Administration from The University of Arizona, and during his time there studied Economics, Finance, and Business Marketing abroad, throughout Spain.