David D. Grove, SIOR
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Scope of Services
Dave Grove joined NAI Mertz in 2014 as Chief Operating Officer to the firms’ four (4) offices in Mount Laurel, Philadelphia, Southampton and Wilkes-Barre. Dave holds the distinction of being the first executive from outside the Mertz family to run the operations of the company. Dave was brought in to apply his deep experience as a broker, manager and real estate decision-maker to the benefit of the firm and its clients. Under Dave’s direction the company is growing in size, complexity and diversity. Dave’s leadership style is inclusive, communicative and results oriented.
Dave brought twenty-eight (28) years of corporate real estate leadership experience in areas ranging from strategic advisory services, to occupancy planning, to project management and investments. He has a significant background in large and complex transactions and has closed over $1BB in lease, structured ¬finance and purchase/sale deals in an array of sectors and niches including office, industrial, retail, land, and investment.
Background & Experience
Prior to joining NAI Mertz Dave was a Senior Vice President at JLL (Jones Lang LaSalle) serving as the Regional Account Director for the Philadelphia Corporate Solutions division. There he oversaw the regional account management and new business development with a focus on customers with annual sales between $1 and $5 billion (“Mid-cap”.) Dave also provided executive oversight for other regional accounts including ACE Insurance, Glaxo Smith Kline, CNA and Lutron.
Earlier in his tenure with JLL, Dave was the Global CRM for the Unisys Account and was responsible for $222MM in annual real estate and related costs for Unisys. Over his two years there he delivered over $40MM in savings and 2.5MM SF in excess space reduction to Unisys and expanded the JLL service offerings to include APAC facilities, global occupancy planning and global lease administration.
Prior to JLL, Dave was a Senior Vice President at Trammell Crow Company. His clients included the University of Pennsylvania, for whom he negotiated over $300MM in transactions over four years, and PNC Bank.
Dave’s work experience includes The Linpro Company, Cigna, Trammell Crow Company and Select Greater Philadelphia. He also founded his own commercial real estate consulting ¬firm, Lavidex Properties LLC, providing consulting services, including project management, site selection, outsourcing, and equity placement services to a national client list.
Dual Bachelor’s Degrees in Economics and Geography from Bucknell University, Pennsylvania
Professional Associations & Designations
Licensed Real Estate Broker, Pennsylvania
Member, Society of Industrial and Office Realtors (SIOR)
Member, NAI Principals, Directors and
Member, Industrial Asset Management Council (IAMC)
Member, Northeast PA Manufacturers & Employers Association
Member, Industrial & Office Real Estate Brokers Association (IOREBA)
Glaxo Smith Kline
University of Pennsylvania