Office Broker - Greater Chicago Food Depository

Office Broker
Entry Name
David J. Burden, SIOR Principal
Colliers International
200 S. Wacker Drive, Suite 700
Chicago, IL 60606
312-612-5948 [email protected]
Executive Summary
David Burden joined Colliers International in 2008, and is now a principal in the firm's Chicago-based Corporate Solutions Group. In 2014, David completed 14 Chicago-area transactions totaling 396,000 square feet with a value of $267,000,000. He also completed 71 out
of state transactions totaling 624,705 square feet with a value of $288,000,000 (qualifying
transactions only include: 13 transactions at 590,000 square feet with a value of nearly $168
million). David ranked as Colliers International's Top Overall Producer in Chicago in 2014,
and in the Top 5 brokers nationally. David's most noteworthy accomplishments in 2014 include his nomination from the Chicago Chapter CoreNet for Service Provider of the Year and
the Chicago Chapter of NAIOP for Mixed-Use Development of the Year. David also participated in several competitive new business pitches in 2014, winning several new corporate
accounts including Convergint Technologies and ArjoHuntleigh. He has already made a
difference with those clients. David successfully sold Convergint's existing global headquarters in Schaumburg, IL with zero downtime (unheard of in the Schaumburg, IL market) and
relocated it to a new 30,000-SF leased state-of- the-art facility. His most noteworthy local
transaction was his representation of the British School of Chicago in a 20-year lease valued
at $155 million for its new South Loop campus at 161 W. 9th. Street in Chicago. "To say
David was a vital member of the project team for our new site development would be drastically understating his role. Over the past two years, through changes in ownership, local
city officials, management, direction, and vision he has continued to work with our organization to meet and exceed expectations and provide the school with the best possible change
of success in the future," stated Alex Horton, Corporate Projects Manager for the British
School of Chicago. David also completed a highly complex 105,000-square-foot lease restructure / expansion for Charles Schwab at its flagship location now called The Charles
Schwab Center at 150 S. Wacker, that required coterminous negotiation of an existing office
lease, ground floor retail space, and expansion office space. It was highly challenging to locate a large contiguous block of space in the tight West Loop market and maintain the
ground floor visibility of the retail signage, but David met all challenges. "Beyond business
terms, David's personal character allowed him to navigate all the parties through a process
that can clearly become tense. My dependence and trust in him is immeasurable. The significance of David's contribution can easily be put into perspective when the resulting lower
than market rent and above market TIA and rent concession package in an already tight and
rapidly rising West Loop market are the least of his accomplishments on this deal." Barbara
Fernandez, Portfolio Director, CRE | Charles Schwab & Co, Inc.
Office Broker
Entry Name
Kyle Kamin
CBRE
321 N. Clark St., Floor 34
Chicago, IL 60654
312 297 7624 [email protected]
Executive Summary
In 2014, Kyle Kamin, Executive Vice President at CBRE, continued transforming the downtown
Chicago real estate market through his creative approach and record-setting deals. From
headquarter relocations to significant expansions, Kyle executed nearly 40 deals totaling
600,000 square feet, valued at more than $160 million. During his career, he has managed
more than 21 million square feet of real estate transactions, valued at more than $10 billion,
an impressive accomplishment for a professional under the age of 40. In 2013, Kyle's accomplishments earned him the NAIOP Downtown Chicago Office Deal of the Year award and in
2014 Kyle was the winner of the Greater Chicago Food Depository Crain's Chicago Business
Downtown Chicago Office Deal of the Year. His remarkable deals with Motorola Mobility
(2012) and Google (2013) have had a tremendous impact on establishing Chicago as a hub for
technology. Kyle has continued to reshape River North and Fulton Market with recent transactions including:
Representing Google in the expansion of its footprint as the anchor of the Fulton Market District and securing additional space on Google's behalf, bringing their commitment to the area
to more than 357,000 square feet Working with Yelp to establish their Midwest headquarters in Chicago, bringing more than 350 new employees to The Merchandise Mart in River
North
Expanding Hewlett-Packard's Chicago presence at 303 East Wacker Drive to almost 50,000
square feet
Representing Networked Insights in relocating its headquarters from Madison, WI to Chicago,
while moving its offices to River North Point, a space that will accommodate 200 employees
Working with emerging, Chicago-based media and technology companies such as Rise Interactive, Marketingwerks, rEvolution, Sittercity, Modest and Cards Against Humanity
Kyle's talent for establishing long-term relationships with the world's leading companies and
his expertise in managing complex transactions have set him apart as one of the leading real
estate consultants in the country.
Office Broker
Entry Name
Brad Serot Executive Vice President
CBRE
321 N. Clark Street, 34th Floor Chicago, IL
312 935 1403 [email protected]
David Saad Executive Vice President
CBRE
321 N. Clark Street, 34th Floor Chicago, IL
312 935 1489 [email protected]
Paul Reaumond Senior Vice President
CBRE
321 N. Clark Street, 34th Floor Chicago, IL
312 935 1476 [email protected]
Executive Summary
2014 was a year of remarkable accomplishments for Brad Serot, David Saad and Paul Reaumond, one of the leading tenant representation
teams in the Chicago metropolitan office market. The trio completed some of the largest lease transactions in the Chicago area including:
Enova headquarters lease for almost 160,000 square feet at 175 W. Jackson Street
kCura's expansion and renewal at 231 S. LaSalle Street, bringing its total space to more than 133,000 square feet
Representation of Forest City in the 200,000 square foot expansion and renewal of Northshore Health Systems, LanzaTech's headquarters
relocation from New Zealand for 41,000 square feet, Aurasense's headquarters lease renewal for 10,000 square feet, and Polyera's expansion and extension for 16,000 square feet
Fresenius' 24,000 square foot expansion, bringing its total space to 275,000 square feet.
Gogo's 27,000 square foot expansion, bringing its total space leased to 271,000 square feet
TouchTunes's headquarters relocation for 36,000 square feet CDK Global's headquarters relocation for 35,000 square feet
Uber's 67,000 square foot expansion
Groupon's 54,000 square foot expansion
Several of the region's most significant lease transactions with clients such as MWH, Invenergy, Visanow and Go Health
Focusing on assisting local, national and international businesses with their strategic commercial real estate needs, the team, through its
dedication and systematic approach, has amassed a powerful downtown and suburban market share and consistently achieves superior
results for their clients.
Office Broker
Entry Name
Mr. John G. Musgjerd, Managing Director
Jones Lang LaSalle
200 E. Randolph, Chicago, IL 60601
[email protected]
Mr. Daniel McCarthy, Managing Director
Jones Lang LaSalle
200 E. Randolph Drive
[email protected]
Mr. Benjamin Erskine, Senior Vice President
Jones Lang LaSalle
200 E. Randolph, Chicago, IL 60601
[email protected]
Executive Summary
Demonstrating their typical commitment to client service as well as creativity and out-of-the-box thinking in the face of large, complex
transactions, the JLL office brokerage team of John Musgjerd, Dan McCarthy and Ben Erskine turned in yet another banner year in 2014,
completing some 36 transactions totaling 3 million square feet and valued at $1.22 billion (qualifying transactions only include: 22 transactions at nearly 1.5 million square feet and $1.1 billion). Highlights include:
Representing Zurich American Insurance Co. in the $360 million deal that resulted in the development of a new, state-of-the-art 760,000square-foot built-to-suit headquarters campus in Schaumburg. John, Dan and Ben with support from their hand-picked team of JLL subject-matter-experts managed all aspects of this highly complex transaction including strategic assessment; site acquisition; owner/
developer/builder/architect selection; state and municipal incentives; capital structure; and project document negotiations. It was the
largest build-to-suit lease deal completed in the Chicago suburbs in more than 15 years.
Representing electronic components distributor Newark Corp. in their move from an outdated company-owned building in the Ravenswood neighborhood to a new, 65,000-square-foot space at 300 S. Riverside Plaza. The deal enabled Newark to dramatically improve their
work environment, supercharge their employee recruitment efforts and upgrade their brand image.
Helping the non-profit social services provider TASC (Treatment Alternatives for Safe Communities) take advantage of the escalating real
estate prices along the Clybourn Corridor by selling their longtime headquarters building and acquiring a new building closer to their constituent base. After touring 40 buildings with the JLL team, TASC eventually purchased a building in the Southwest Loop. The end result
was a new headquarters/service center and a substantial net profit from the sale of the old Clybourn Corridor property that will be used
to fund their mission.
Helping IPG subsidiary Mediabrands restructure and downsize its expiring lease in Downers Grove from 73,000 square feet to 50,000
square feet. The restructure will yield significant rental savings and right-size the premises to meet Mediabrands' needs. In addition the
team also completed a variety of other deals ranging in size from 2,163 to 302,500 square feet for clients including Baxter, Hospira,
Deutsche Bank, PerkinElmer, Vail Systems and Workday to name just a few.
Office Broker
Entry Name
Joseph Learner, Executive Vice President, Director
[email protected]
191 North Wacker Drive, Suite 2700 Chicago, IL 60606
312-595-2915
Savills Studley
Robert Sevim, Executive Vice President, Co-Head, Chicago
[email protected]
191 North Wacker Drive, Suite 2700 Chicago, IL 60606
312-595-2952
Savills Studley
Executive Summary
With a combined 40 years of experience in commercial real estate brokerage, Joe Learner and Robert Sevim are a force to be reckoned
with when it comes to tenant representation advisory services in the Chicago market. And their momentum continues to grow year over
year. With one of the most impressive project rosters in the industry, the dynamic duo, known for their tenacious client advocacy and
sophisticated business acumen, has a long history of game-changing transactions involving some of the region's best-known corporations.
But in 2014, Learner and Sevim exceeded even their own expectations, generating 43 Chicago-area transactions valued at nearly $300
million and totaling approximately 1.5 million square feet of office space (qualifying transactions only include: 31 deals at more than 1.3
million square feet valued at $265 million). Impressively, the team led significant projects in three distinct submarkets, Downtown Chicago, the East-West corridor and the Northern suburban market. Learner and Sevim's diverse project portfolio includes corporate headquarter relocations, early lease restructurings, subleases and land acquisitions for build-to-suit projects in both the downtown and suburban
Chicago office markets. Their vast breadth of expertise was evident more than ever this past year successfully closing the largest downtown office headquarters lease and four others in the top ten as well as seven of the largest suburban headquarters leases, including two,
full building leases in two distinct suburban submarkets. Among those chart-topping deals was a complex early lease restructuring for
nearly 450,000 square feet for leading power plant design and engineering firm (confidential), where the duo negotiated a five-year extension with significant monetary concessions and flexible rights. Having worked together for over a decade, Learner and Sevim are key
components in making Savills Studley's Chicago office one of the most profitable within the firm's international portfolio. Their dedication
has led to multiple honors, including recognition as the Greater Chicago Food Depository Commercial Real Estate Awards' "Office Broker
of the Year" winner in 2011 and selected for NAOIP's "Development of the Year" in 2013 and 2014. Learner is a former Crain's Chicago
Business "40 Under 40" honoree and one of the very few three-time "Office Broker of the Year" recipients. Sevim was previously selected
by the National Real Estate Journal as one of the country's most distinguished real estate professionals under the age of 35.
Office Broker
Entry Name
Daniel E. Arends Principal
Colliers International
200 South Wacker Drive, Suite 700
Chicago, IL 60606
312.612.5908 [email protected]
Executive Summary
Dan Arends, a Principal with Colliers International, has over 25 years of experience and has been involved in more than 1,200 assignments
totaling over twelve million square feet of leasing transactions in his career. Over the last decade, Dan has consistently been one of the
top tenant representation brokers in Chicago, continuing to creatively help his clients structure complex transactions in a simple "layman's
way" that clients can understand. Mr. Arends assisted 53 clients in industrial and office space requirements in markets throughout the
country and internationally. In the Metropolitan Chicago area, Mr. Arends represented clients in 46 office transactions totaling approximately 446,139 square feet (qualifying transactions only include 38 deals and 432,634 square feet). Mr. Arends also represented a myriad
of other corporate users including Elkay Manufacturing, Securitas Security Services, Inc., Juvenile Diabetes Research Foundation, Koenig &
Strey, Bennett Day School, Fort Dearborn Company, The Rockwood Company and The Onion.
Three of Mr. Arends' most significant office transactions of 2014 were: Fieldglass, Inc., Lockton Companies LLC and Centene Corporation.
1) Fieldglass, Inc.: Fieldglass expanded and relocated into a brick building at 111 North Canal that underwent a complete transformation
including a renovation of the lobby, mechanicals and electrical systems. Fieldglass' new space which features an exposed ceiling,
indoor vegetation, and bench seating is an ideal representation of their culture.
2) Lockton Companies LLC: Lockton was looking to create a more interactive space while maintaining the rich feel their clients require.
After a thorough visioning session and review of the market they selected 500 West Monroe. The improved quality of the building,
signage opportunities in a two-story high reception area with a connecting staircase, and monument signage on the corner of the
building provided the perfect look and feel for Lockton.
3) Centene Corporation: Centene had just won a government contract and needed to find 50,000 square feet with the ability to double
in size, if necessary, immediate. Within 90 days we had a fully negotiated sublease for 53,704 square feet of United Airlines' fullyfurnished sublease space at 77 West Wacker with an expansion option for three floors. Within sixty days Centene expanded and took
another 55,262 square feet.
Office Broker
Entry Name
Matt Carolan Managing Director
Jones Lang LaSalle
200 E. Randolph St. Chicago, IL 60601
312-228-2513 [email protected]
Jeff Liljeberg Managing Director
Jones Lang LaSalle
200 E. Randolph St. Chicago, IL 60601
312-228-2728 [email protected]
Meredith O'Connor International Director
Jones Lang LaSalle
200 E. Randolph St. Chicago, IL 60601
312-228-2576 Meredith.O'[email protected]
Bill Rogers International Director
Jones Lang LaSalle
200 E. Randolph St. Chicago, IL 60601
312-228-2965 [email protected]
Steve Steinmeyer Managing Director
Jones Lang LaSalle
200 E. Randolph St. Chicago, IL 60601
312-228-2783 [email protected]
Executive Summary
As five-time winners of the "Office Broker of the Year" award, the JLL team of Matt Carolan, Jeff Liljeberg, Meredith O'Connor, Bill Rogers
and Steve Steinmeyer have a long-held and well-earned reputation as one of the city's best and brightest real estate brokerage teams.
Their dedication to client service, creativity and teamwork -- and their ability to effectively integrate JLL's full platform of services (ie, project management, economic incentives, workplace consulting, etc.) -- make them indispensable partners for their diverse roster of clients.
The team posted yet another banner year in 2014, completing 72 transactions totaling 2.5 million square feet and valued at more than
$592 million (qualifying transactions only include: 65 transactions, nearly 2 millions square feet at $560 million). Of particular note, the
highly complex, 174,000-square foot deal for DLA Piper at Hines' new 444 W. Lake development provided an anchor tenant for that new
building. It was one of the largest office leases completed in the city last year. Other key transactions include:
 Renegotiating the law firm Katten Muchin's lease at 525 W. Monroe, which downsized the firm's space to 245,000 square feet; - Executing an early renewal of advertising firm Havas's 80,000-square-foot space at 36 E. Grand a deal that also including new signage
rights;
 Representing the School of the Art Institute of Chicago in their $23 million acquisition of a South Loop development site;
 Selling a former Sun Times Media production/distribution facility on West Ashland Avenue for $17.5 million;
 Helping the Digital Manufacturing & Design Innovation Institute establish a 94,000-square-foot digital manufacturing lab on Goose
Island, which will also house UI Labs, the consortium of Midwest universities and companies that is leading the effort;
 Representing Computer Science Corp. in two new data center leases at 350 East Cermak totaling more than 47,000 square feet;
 Representing the bio-medical startup incubator Matter in their first lease deal at Merchandise Mart (25,000 square feet);
 Moving Potbelly Sandwich Works' corporate headquarters to a new 25,000-square-foot space at 111 N. Canal. The team even helped
their own company, JLL, complete a long term extension of its global headquarters lease (200,000 square feet) at Aon Center.