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Business Details
50 Years
experience
Trusted Retail Real Estate Asset Management Services
Gumberg Asset Management has been a leader in the retail real estate industry for over 40 years. Our operational expertise and vision have consistently enhanced property value for institutional investors and real estate owners. With a team averaging over 20 years of experience, we specialize in asset management, acquisitions, and strategic planning. Our success stems from long-standing relationships with retailers, investors, and service providers. We leverage innovative technology and communication systems to meet evolving market demands.

Our executive team includes industry experts with decades of experience in development, investment, and leasing. We have managed over 80 million square feet of retail space across 41 states. Our focus on excellence has generated over $4 billion in enhanced property value. We serve clients nationwide, including regional and super-regional malls. Our commitment to quality and client satisfaction remains unmatched in the industry.
Services
Asset Management Property Management Acquisitions Leasing Services Development Investment Management Strategic Planning Technology Solutions
Details
  • Year established: 1976
Highlights and features
  • We have over 40 years of experience in retail real estate.
  • Our team includes industry-leading experts with decades of experience.
  • We have managed over 80 million sq ft of retail space.
  • Our innovative use of technology enhances property value.
  • We maintain long-standing relationships with retailers and investors.
What people say
40 years of experience Expert team Nationwide reach Enhanced property value Innovative technology
Services
Asset Management
Our asset management services optimize retail real estate value through strategic planning and operational expertise. We focus on maximizing returns for institutional investors by leveraging decades of industry experience. Our approach combines market analysis with tailored solutions to enhance property performance.
Acquisitions
We specialize in acquiring malls and shopping centers across the U.S., targeting properties over 200,000 square feet. Our team evaluates market potential and negotiates deals to build high-value portfolios. This service ensures clients gain strategic assets aligned with their investment goals.
Leasing Services
Our leasing experts secure top-tier retailers and negotiate favorable terms for commercial properties. We maintain relationships with major brands like Target and Publix to ensure high occupancy rates. This service focuses on creating vibrant, profitable retail environments.
Development
We manage retail property development projects from concept to completion. Our team handles zoning, construction, and design to meet market demands. This service transforms underperforming assets into competitive retail destinations.
Strategic Planning
Our strategic planning service identifies growth opportunities through detailed market research. We analyze trends and consumer behavior to guide investment decisions. This data-driven approach ensures long-term success in dynamic retail environments.
People
Andrew D. Gumberg
Chairman and Chief Executive Officer
Andrew D. Gumberg is a retail real estate expert with over 40 years of experience in development, investment, and leasing. He advises institutional clients and speaks at industry events. A licensed broker in multiple states, he graduated from University of Pittsburgh and Penn State.
Sonya H. Etessam
Chief Financial Officer
Sonya H. Etessam manages corporate finance and operations with 35 years in commercial real estate. She holds a Harvard real estate certificate and economics degree from Northeastern University. A Florida licensed broker, she has been with the company for over 30 years.
Robert E. Howard
Vice President and General Counsel
Robert E. Howard specializes in real property law with 45 years of experience in commercial transactions. He previously worked at a New York law firm and contributes to legal journals. He graduated from George Washington University Law School and is Martindale-Hubbell AV-rated.
Questions
What services does Gumberg Asset Management offer?
We provide asset management, acquisitions, leasing, development, and strategic planning for retail real estate.
How long has the company been in business?
We have over 40 years of experience in the retail real estate industry.
What areas do you serve?
We operate nationwide across 41 states with a focus on major retail markets.
Who are your typical clients?
We work with institutional investors and real estate owners seeking property value enhancement.