Workspace Property Trust is a privately held, vertically integrated, full service commercial real estate company specializing in the development, management, and operation of office and flex space in the Northeast.

Led by Thomas A. Rizk and Roger Thomas, the Workspace Property Trust executive team has over 75 years of combined real estate experience.

This experience paired with their reputation in the industry and local market presence and knowledge provides Workspace Property Trust with competitive advantages in acquiring and managing commercial real estate portfolios.




Property Portfolio



In 1994, Mr. Rizk led the family-owned real estate partnership, Cali Associates, through its highly successful initial public offering as Cali Realty Corporation, a real estate investment trust (REIT) traded on the NYSE.

Cali Realty’s original portfolio grew from 12 properties at the time of the IPO to over 250 properties totaling over 28M square feet.

During Mr. Rizk’s tenure, the Cali Realty’s total market capitalization grew from $300M to over $3.6B, completing over $3B in acquisitions while maintaining the Company’s 50-year reputation for superior property management and tenant services.

As President and Chief Executive Officer, he also led the merger of Cali Realty Corporation into the Mack Company and Patriot American Office Group in 1997.

In 2000, Mr. Rizk founded TractManagerInc, the recognized leader in providing technology-based contract management solutions to healthcare organizations.

He led the company’s growth from a start-up operation to a company that served over 25% of the hospitals in the United States with more than 130,000 end users at over 5,000 locations throughout all 50 states.

Over the past 20 years, Mr. Rizk has also supported and partnered with select organizations to promote awareness for the needs of injured service members, supported youth education initiatives, and combated the effects of poverty. These charities include the Mourning Family Foundation, Operation Game On, and Jumpstart.

Mr. Rizk received his B.A. degree in business administration from Rutgers University, his J.D. degree from Rutgers University School of Law, and his L.L.M. in taxation from the New York University School of Law.

Mr. Thomas has over 30 years of experience in real estate and has hadsignificant success structuring, negotiating, completing and implementing all aspects of complex transactions including: real estate acquisitions, disposition and development, corporate securities and compliance matters, risk management, human resources and marketing.

From 1994 until 2014, Mr. Thomas served as Executive Vice President, General Counsel and Secretary at Mack-Cali Realty Corporation, serving as a key member of the executive team. He also filled the roles of head of the risk management, human resources, and marketing departments.

During his tenure, Mr. Thomas was responsible for structuring and implementing the company’s acquisitions, mergers and dispositions, supervising outside and in-house legal and leasing counsel and staff, and negotiating joint venture agreements. He also insured legal compliance and oversaw day-to-day legal requirements, and assisted the company in investment strategies and financial activities.

Mr. Thomas was a key member of the executive team that worked with Mr. Rizk in taking Cali Associates public in 1994.

Mr. Thomas received both his B.S.B.A. in Finance and his J.D. from the University of Denver.

Mr. Gervasio is Senior Vice President of Workspace Property Trust. His experience in the commercial real estate industry includes asset management, brokerage, property management, and consulting. As Senior Vice President he has been part of the executive leadership team that has led WPT through over $1.2 billion of acquisitions in less than one year. During this time WPT has grown from its infancy stage to expanding its portfolio to 149 properties totaling approximately 10 million square feet.

Mr. Gervasio began his career at CB Richard Ellis in the commercial real estate brokerage division. During his tenure, he worked closely with senior management of both private and public companies to develop strategic real estate plans and implementation strategies. He negotiated commercial real estate leasing and sales transactions for both acquisition and disposition assignments on behalf of landlords and tenants.

Mr. Gervasio has previously served as the Vice President of PropertyTract, and was also part of the real estate financial services division of FTI, where he was responsible for providing consulting services to public and private real estate companies including REIT’s, investment and commercial banks, opportunity funds, private equity funds, and insurance companies.

Mr. Gervasio received his B.A. in Communications from the University of Rhode Island.




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