About

The Capstone Story

Capstone Properties was formed in 2010 as a partnership of Mark Siegal and Brad Baran. Both Mark and Brad had recently sold their long held businesses, both to publicly traded national companies. It was timely that each chose to enter the commercial real estate environment with the purchase of their first joint investment. Since that time Capstone has grown from that 40,000 square foot office building to a mixed portfolio of over 535,000 square feet of various commercial properties. The portfolio consists of both single tenant and multiple tenant occupied buildings. One of Capstone's driving philosophies was the desire to provide "concierge service" to all of their tenants. Each of the properties are both owned and managed by Capstone Properties LLC. Capstone has grown its portfolio throughout central Connecticut and therefore able to watch over each of their properties with their skilled staff of real estate professionals. Capstone continues to pursue new opportunities that fit their stringent profile parameters. As a matter of strategies we have chosen to pursue certain real estate sectors and eliminate certain other sectors that don't meet our growth goals.

Meet Our Team

After graduation from college I went to work as third generation into the family business. The business was the Edart Truck Leasing Corp. in which I started in the shop and ultimately rose to President and CEO. We, my 2 brothers and cousin, grew the company from a small local full service truck leasing and rental company with 100 +/- trucks to over 2500 vehicles with 11 locations throughout Connecticut, Massachusetts and New Jersey. Edart became one of the largest independently owned full service truck leasing companies in the United States. In addition to my role as President/CEO of Edart I was also named Chairman of the Board of the Truck Rental and Leasing Association (TRALA). TRALA was the national lobbying arm of the leasing industry based in Washington DC. Members of TRALA included both the independent leasing companies as well as the major companies including Penske and Ryder. As a principal of Edart we both acquired and built new facilities for the business. In addition to the real estate that we owned for Edart, family members also acquired investment real estate. In 2009 we decided to sell the business to Ryder, the largest of the publicly traded leasing companies. I decided at that time that retirement was not what I wanted. It than became apparent that I needed to do something that I felt was both engaging and productive. The idea of moving full time into the real estate world seemed to be an easy transition because of my earlier experience with real estate. In 2010 I partnered with Brad Baran and we bought our first "Capstone" property. The property was a 40,000 square foot fully leased office building. That was the start of what I would describe as a successful enterprise. After the acquisition of 95 Glastonbury Blvd the "Capstone" company will own and manage over 537,000 square feet.

Mark Siegal

Brad Baran

Joanne

David

Fabian

Todd