MainSpring Capital Group - Leadership Biographies
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Marty Farnsworth
Principal
Wilford M. Farnsworth, III (Marty)

Marty is one of the original founders of MainSpring Capital Group. Since its start in 1992, he has been intimately involved in all aspects of MainSpring’s business, his main focus being project and company strategy, and capitalization of new project developments.

Early in his career, Marty worked at Trammell Crow Company in Phoenix, Denver, and Salt Lake City, in capacities from leasing agent to partner, with a particular focus on industrial development.

In 1994 he founded Excel Advisory Group to provide a specified range of consulting services to a select group of national and international real estate companies. Since then, Excel has advised its clients on acquisitions exceeding
$22 billion in value.

Marty earned a Bachelor of Arts in Economics from Stanford University and an MBA from Harvard.



Mills Brown
Principal
Mills Brown

An original founder of MainSpring Capital Group, Mills has personally participated in each project and transaction of MainSpring. His efforts revolve around securing universally beneficial contracts in both acquisitions and dispositions.

Mills’ diverse career began in 1975 with four years of touring as a professional golfer. Following that, he joined Scott Jackson Brokerage as a commercial sales and leasing agent, where he quickly rose to success. As a partner with Jackson Brown Investments, Mills became more involved in the development and investment side of commercial real estate.

Now, in addition to MainSpring, Mills also serves on the Board of Directors for Jones Soda. Until 2012, when he sold his remaining interest, he also held significant ownership interest in multiple automobile dealerships in the Phoenix area.

Mills earned a Bachelor of Science in Business from Arizona State University. .



Gerry Blomquist
Principal
Gerry Blomquist

Gerry joined MainSpring Capital Group as a principal in 1994. In the time since, his focus has been on new pursuits revolving around land acquisition and development, a major project being Pima Center in Scottsdale, Arizona.

Earlier in his career, Gerry dedicated his abilities to executive level management in banking and finance, real estate development, and the public equities market. He served as Vice President and Southwest Regional Director during his tenure with Perini Corporation and Perini Investment Properties, positions that allowed him to oversee land development and investment activities both domestically and abroad.

Gerry also spent time with Resolution Trust Corporation and T.P. Moore, which afforded him the opportunity to focus on converting non-performing loans into profitable holdings, and generate a nationwide portfolio of rehabilitated commercial property acquisitions.

Gerry earned a Bachelor of Science and MBA in Financial Management from the University of Utah. He is also a graduate of the United States Special Warfare School with an emphasis on international relations.




Joe Bayer
Principal
Joe Bayer

Joining MainSpring Capital Group as a principal in 1999, Joe has focused on managing the various assets, facilities and construction projects of MainSpring.

He previously worked as a Senior Consultant for an international consulting firm, providing financial analysis and litigation support in disputes involving real estate transactions and construction. He later managed the Facilities Department for a large agency of the State of Arizona, where he was responsible for acquiring, constructing and managing agency offices across the state.

Joe earned his Bachelor of Science in Business Finance from the University of Southern California. He is also a licensed general contractor in the state of Arizona.





Penny Hughey
Accounting Manager
Penny Hughey

In 1976, Penny began her career as a bookkeeper for a major drug company, also gaining experience in retail, manufacturing, inventory and distribution accounting.

Since beginning work with MainSpring Capital Group in 1998, Penny has added property management and construction accounting to her vast accounting experience. She currently oversees all aspects of the accounting division.



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