Managed: Glenlake Professional Center, Glenview, IL

Glenlake Professional CenterCLIENT: SPECIAL SERVICER
We handled the property management of the Glenlake Professional Center, an 83,000 SF medical office building located in Glenview, a northern suburb of Chicago. Occupancy at takeover was 74%.

 


MANAGED & SOLD: Kennedy Business Center, Akron, OH

CLIENT: CMBS SPECIAL SERVICER
While acting as Receiver and Property Manager during the foreclosure process of the Kennedy Business Center, a 170,000 sf industrial building, we collected offers from credible buyers, identified and recommended the highest and best offer and completed the Receiver Sale in only 16 days.

MANAGED: Park Place Apartments, Janesville, WI

CLIENT: CMBS SPECIAL SERVICER
We were selected to perform Property Management and Leasing for Park Place Apartments, a distressed four-apartment building complex with 208 units. After a short period of time, we were able to remove delinquent tenants, repair deferred maintenance, and dramatically improve occupancy from 62% to 90%.

OFFICE / INDUSTRIAL PORTFOLIO

CLIENT: PRIVATE INVESTOR
We directed all activities including property management, leasing, maintenance, construction and financial accounting and financing for 22 properties in 1.5 million square feet of Chicago area office and industrial space. We successfully implemented an integrated approach to management and leasing, which increased occupancy of the existing properties from 86.6% to 98.1% during a five year period.

WILLOW CREEK BUSINESS PARK

CLIENT: PRIVATE DEVELOPER
We led development, leasing, property management and land sales for a 400-acre office, industrial and retail business-park. Activities included (a) the development, leasing and management of several flex-office buildings retained by the developer, (b) site development and sales of individual parcels to light industrial companies and (c) entitlement, marketing and sale of land to large national retail developers. During our tenure we succeeded in dramatically increasing industrial land sale prices, raising occupancy at rental properties, and disposing of large retail pads at prices over 90% higher than our client’s original expectations.