Karen LoBello, director of operations, Northeast region, Bridge Development Partners

PARSIPPANY, NJ—Bridge Development Partners, which is headquartered in Chicago, has named The Hampshire Companies' Karen LoBello as director of operations for its Northeast region.

LoBello was previously director of property management with The Hampshire Companies where she was most recently responsible for more than 10 million square feet of commercial real estate across the office, industrial and retail sectors. LoBello, who was appointed to that post in June 2015, was accountable for the execution of asset operational strategies with a heavy focus on leadership development and talent/resource management of the in-house property management team at Hampshire.

Working out of Bridge Development's New Jersey offices in Parsippany, LoBello will oversee the property management function for the New Jersey/New York market, servicing company-owned assets and providing third-party property management services to institutional owners who have acquired properties developed and sold by Bridge. She will also be responsible for portfolio operations and the property management team as a whole, as well as directing and overseeing capital improvements and value-add strategy for the properties under management, the company states in an announcement.