About Us

Between site and success, you’ll find CenterMark

Many factors go into making a commercial real estate project a success. Tenants require specific criteria. Communities want appropriate development for their neighborhood. Financiers need a reliable development plan. And of course, this all has to happen according to a timeline and a bottom line. Trust CenterMark Development to bring everything in line. With a broad network of resources and the ability to facilitate a unified effort between all critical parties, CenterMark can develop your entire project or simply become the resource you use to connect all the dots.


mark

MARK JABLONSKI

Mark began his career in commercial real estate in 1990 with TRW Real Estate Loan Services where he provided appraisal and title services to financial institutions. Later, as a vice president at KeyCorp, he provided construction financing to a broad range of clients throughout the Great Lakes region. Many of the loans made my Mark funded redevelop projects throughout Greater Cleveland including Public Square, E. 4th Street, the Gateway neighborhood, and the Warehouse District. Mark also creatively-structured financing vehicles to help a number of credit-tenant retailers expand throughout Northeast, Ohio. In all, Mark was responsible for more than $500 million of transactions. In 1994, Mark was a key member of the initial team that formed what is today known as Key Real Estate Capital – the Commercial Mortgage Backed Securities arm of KeyBank. The division began as a correspondent for established commercial mortgage loan conduits including Morgan Stanley and Merrill Lynch, among others, and ultimately established itself as a full-fledged conduit.

In 1997, Mark helped open the Cleveland office of Ernst & Young’s Kenneth Leventhal Real Estate Group where he performed market studies and financial feasibility analyses for clients of the firm including the Cleveland Clinic, MetroHealth Medical Center, and University Circle Incorporated. In addition, Mark consulted for a variety of financial institutions helping them to structure their commercial mortgage loan conduits, including Heller Financial, NBD First Chicago, and Sanwa Bank. Mark was also a key team member responsible for the disposition of Montgomery Ward & Co.’s real estate assets.

In 2000, Mark co-founded Great Lakes Resources to provide planning and consulting services to Northeast Ohio’s non-profits and municipalities. Notable clients included Tremont West Development, the Hispanic Business Association, Neighborhood Progress, Inc., LISC, and The First Suburbs Consortium of Northeast Ohio. As part of Great Lakes, Mark began to apply his consulting skills to redevelopment projects in Cleveland.

In 2008, Mark and his wife, Kelly, also a former commercial real estate lender launched CenterMark Development. The company specializes in new construction of multi-tenant, outlot centers and free-standing retail stores, as well as the acquisition and redevelopment of existing shopping centers. The duo has over 30 years of combined experience and have been responsible for the development of numerous retail properties located mainly in Ohio.

Throughout his career, Mark has served on many boards and committees in the community including:

  • The Visiting Committee of the Levin College of Urban Affairs of Cleveland State University;
  • The Retail/Commercial Committee of Cleveland Neighborhood Development Coalition;
  • Mayoral Advisory Groups in both University Heights, Ohio and Chagrin Falls, Ohio;
  • The Urban Housing Committee of the Home Builders Association of Greater Cleveland; and
  • The Glenville Development Corporation Board of Trustees.

Mark has also served as Visiting Professor of Real Estate Finance at John Carroll University. He is also a volunteer with the Interfaith Hospitality Network of Greater Cleveland.

Mark graduated from Wake Forest University with a B.A. in History and earned his M.B.A. at John Carroll University.


kelly

KELLY JABLONSKI

Kelly began her career in commercial real estate as a Management Associate with Key Corporate Banking completing underwriting assignments within Real Estate Capital Markets, Cash Management and Structured Finance. There she analyzed credit risk and evaluated loan structure and pricing on multi-million dollar financing proposals. Within a year Kelly was promoted to Assistant Vice President and Portfolio Manager within Key Commercial Real Estate underwriting nearly $500 million of construction and permanent loans for retail, multifamily, residential, office and industrial properties throughout the Great Lakes region. During this time she became highly skilled in real estate documentation including leases, purchase agreements, market/feasibility studies, appraisals, environmental site reports and title work.

Beginning in 2002, Kelly served as Vice President and Relationship Manager in Fifth Third Bank’s Commercial Real Estate Division. There she originated $120 million in construction financing and $20 million of bond financing while managing a $200+ million portfolio comprised of retail, multifamily, residential, office and industrial properties.

In 2008 she formed CenterMark Development with her husband, Mark.

Kelly has a Bachelor of Business Administration in Finance from the University of Toledo and earned her M.B.A. from John Carroll University.

Throughout her professional and personal life, Kelly has served on many boards and committees in the community including:

  • Board of Zoning Appeals, City of University Heights, Ohio
  • Urban Land Institute
  • Home Builders Association of Greater Cleveland, Urban Housing Committee
  • Epilepsy Association, Cleveland
  • Interfaith Hospitality Network of Greater Cleveland