New Orleans CREW is pleased to shine the Member Spotlight on our Secretary of the Board, Valerie Besthoff Marcus.
Valerie began her career in commercial real estate in Louisiana by working as Assistant Real Estate Director for her family’s legendary New Orleans drugstore chain, K&B, Inc., from 1984 until their sale to Rite Aid in 1997. Since then, Valerie has been working as the Vice President of Property Management Group, LLC, the management company for the Bestoff family real estate investments located in the storied purple offices of K&B Plaza, on Lee Circle. Property Management Group’s real estate interests are primarily former K&B drugstore locations and strip shopping centers, plus the K&B Plaza office building, and warehouse sites in Jefferson Parish.
Since Hurricane Katrina, Valerie was involved in the purchase of the Strauss warehouse at L&A Road and Labarre, and the releasing of the building to LCR/The Plumbing Warehouse. She also negotiated the new lease for the Rally’s on Louisiana Avenue, having negotiated the original lease 20 years previously. Valerie has recently been involved in some replacement leases at K&B Plaza. Two of the new tenants, each on a full floor, are both non-profit agencies. They are Teach for America, and Brad Pitt’s Make It Right Foundation.
She is actively involved in CREW, serving as Secretary of the New Orleans Chapter as well as a member of the Events Committee. Both professionally and personally, she has found her involvement with CREW fulfilling and appreciates the numerous connections she has made. Valerie is also a member of the International Council of Shopping Centers (ICSC) and holds the designation of Certified Shopping Center Manager (CSM) from the organization.
Valerie has been a dedicated volunteer in the New Orleans community for years. She has served on the Boards of the Contemporary Arts Center, Historic District Landmarks Commission CBD and the Downtown Development District, and is currently serving on the Boards of the Newman School, and the Hermann Grima Gallier Historic Houses. She is married to Adam Marcus and has three children, Andrew (19), Catherine (17) and Stephen (10).