| |
MORRIS
LEWIS STOLTZ II
President
MORRIS LEWIS STOLTZ II,
President of various Stoltz
companies of Florida and
Co-Founder of Stoltz Bros.,
Ltd. Delaware. Mr. Stoltz is
a graduate of Dickinson
School of Law, where he was
a member of the Law Review.
Thereafter, he became a
member of the Delaware Bar,
a real estate broker,
general contractor, and
certified property manager.
In 1976 he left the law firm
Morris James Hitchens &
Williams, where he
specialized in banking and
real estate law, to become
Vice President and General
Counsel of The Robino-Ladd
Company, a real estate
development company traded
on the NYSE, but
experiencing financial
difficulties. During the
three years with this
company Mr. Stoltz became
involved in all facets of
real estate management,
development, and financing
and actively participated in
the company turning around
from a negative $147,000,000
net worth to a positive
$148,000,000 net worth. In
1979, Mr. Stoltz formed a
partnership with his
brother, Jack P. Stoltz, who
had been operating the
family’s commercial real
estate brokerage company in
Wilmington, Delaware. From
1979 to 1994 the Stoltz
Brothers took the company,
started by their parents
specializing in commercial
real estate brokerage, and
turned it into one of the
largest full-service real
estate organizations in the
mid-Atlantic area. With
affiliate companies in
commercial brokerage,
property management,
residential brokerage,
property maintenance,
mortgage banking, investment
syndication and development,
by 1994 Stoltz was the
exclusive leasing agent for
over 5 million square feet
and the exclusive property
management agent for over
3,500,000 square feet. They
also owned or participated
in ownership of over 2,500
apartment units, 2 million
square feet of commercial
buildings (office and
retail) and had been
involved as principals in
the development of more than
2,750 homes and condominium
units.
In 1986, with the back to
back purchase of two (2)
class A office buildings in
Boca Raton, Mr. Stoltz
expanded the company
operations to South Florida.
By 2005, the Florida Stoltz
companies and its affiliated
companies and partnerships
had developed, and/or owned
800 apartment units,
2,500,000 square feet of
office and industrial space
in Boca Raton, and had
developed and sold over $75
million in luxury
condominiums, and custom
homes. In addition to
development activities,
Stoltz’ affiliate, Century
21/Luxury Homes, Inc. is one
of the largest residential
real estate brokerage firms
in Palm Beach County.
Commercial real estate
brokerage, leasing and
management through Stoltz
Realty/Management exceeded
$500 million through 2004.
Mr. Stoltz has been the sole
owner of the Stoltz Florida
operating companies since
1995.
Stoltz Florida is also proud
to have had or have as
institutional joint venture
partners: Equitable Life
Assurance Society, General
Electric Capital Corp.,
Allied Signal Pension Fund
and McDermott Industries
Pension Fund.
Notable South Florida
transactions in which Mr.
Stoltz has actively
participated:
1. The acquisition of the
former IBM Facility in Boca
Raton (600 acres and
2,000,000 square feet of
vacant office space)
acquired for $43,000,000 and
later sold for $154,000,000.
Mr. Stoltz was President and
the Partner directly
responsible for leasing over
1,400,000 square feet.
2. One Miami Center, a
master planned mixed use
project of 2,000 high rise
condominiums; 400,000 square
feet of retail; and 600,000
square feet of office space.
Mr. Stoltz was a one-third
Partner and had direct
responsibility for sales to
the Related Companies and
MDM Development.
3. Mr. Stoltz is the
majority owner and managing
partner of Brewzzi
Restaurants, Inc., with
locations in Boca Raton and
West Palm Beach. Sales for
2004 exceeded $10,000,000. |
|
