Jay M. Shapiro, President

Jay M. Shapiro provides cinema strategic planning services, market due diligence, site selection evaluation, real estate deal making, lease negotiations, project management, and disposition and valuation services to institutional investors, landowners, developers, redevelopment agencies and colleges and universities.

A leading expert in exhibition and theatre real estate with over 35 years of industry experience, Jay serves as President of JMS Advisory, a Cambridge-based theatre and exhibition consulting firm. Before founding JMSA, he was Senior Vice President of Development for General Cinema Theaters (1980-1995), prior to which he was National Director for Real Estate at American Multi-Cinema.  From 1973-1975, he served as Assistant Attorney General for the state of Missouri.

Jay has represented exhibitors and property owners throughout the United States and globally. His clients have included, among others: AMC Entertainment, General Cinema International, Hoyts Cinemas, Century/CineArts Theatres, Drexel Theatre Group, Harkins Theatres, Wallace/Hollywood Theater Corporation, Rave Motion Picture Theaters, Regal Entertainment Group, Ameristar Casinos, BoydGaming, Bayer Properties, New England Development/Wells Group, Trammell Crow Company, Jones Lang LaSalle, Berkeley Investments, Lazard Freres & Company, Stellar Holdings, Simon Property Group, Madison Consulting Group/MadisonMarquette, The Woodmont Company, SheaProperties, Street-Works, Dart Realty, Nordblom Company, U3Ventures, Vibrant Development, Vornado/Charles E. Smith, Buchanan Street Partners, Calfox, Inc., CIM Group, CEA Group, Stonewood Companies, and LSTAR.

Jay also has consulted on numerous urban redevelopment projects in Sacramento, Glendale and San Bernardino, CA, Kansas City, KS, Duluth, MN, Worcester, Quincy, South Weymouth (Union Point), MA and for the University of Pennsylvania, Philadelphia, PA, Ohio State University, Columbus, OH, and San Diego State University, San Diego, CA, St. Louis University, St. Louis, MO, The Presidio Trust, San Francisco, CA and Camana Bay, Grand Cayman Islands.

Jay’s recent professional presentations and activities include providing an overview: State of the Exhibition Industry: Performance Metrics, New Technology and Emerging Venues at the Entertainment Development Council of the Urban Land Institute (ULI), being the keynote presenter at the roundtable discussion: State of the Exhibition Industry at RECON, hosted by International Council of Shopping Centers (ICSC), and being among the interviewed experts for the article Entertainment Development Outlook published in the Urban Land magazine.

Jay is a graduate of Brown University and Washington University School of Law. He is a member of ULI, ICSC, and the Missouri Bar Association and is a member of the editorial advisory board of Shopping Center Business magazine.

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