Fisher cited Nelson's market knowledge in Northern California, Phoenix and Dallas, where he will be working with existing Present Value Properties clients including Pizza Hut and Menchie’s Frozen Yogurt franchisees.

Before NewCity Development, Nelson was involved with two national general contractors overseeing business development for retail and office projects located in the Western US. He was also with Lincoln Property Co. in Northern California, where he was involved in managing both residential and commercial properties. He started his real estate career in Minneapolis, where he was responsible for the marketing and market research of retail properties in the Minneapolis metropolitan area and the Minneapolis Skyway.

Gast previously was a a leasing specialist for Red Mountain Group in Santa Ana, a developer/owner in California and Arizona, where he was responsible for the procurement of new tenants for the company’s portfolio of properties in Southern California. Gast also worked as an independent contractor and assisted with leasing efforts and special projects for his family’s business, Gast Retail Co., headquartered in Santa Ana, which is headed by his father, Tom Gast, a former supermarket real estate executive and current principal of the firm. Gast also spent seven years with Kemper Sports in food service and event catering.

Founded in 1998 by Fisher, Present Value Properties provides retailer and landlord representation, development and entitlement services, and consulting services. The Tustin-based company exclusively represents a variety of chain retailers throughout Southern California including Menchie’s Frozen Yogurt, Southern Pizza Hut, Gold Max, and Payless ShoeSource.