Author: McKenzie Parker

At Golub, our commitment to creating lasting value extends beyond property development and management; we’re dedicated to building healthy communities and fostering a sustainable future. Recognizing the impact that real estate has on climate and our environment, we are proud to announce our latest initiative: GoEnergy.

The GoEnergy initiative is a strategic project designed to elevate the energy performance of every Golub property. Our overarching goal is to assess current energy consumption, pinpoint opportunities for reduction, and strive for benchmarking excellence, with the ultimate aim of achieving net-zero energy.

Partnering with Elara Engineering, a trusted, forward-thinking sustainability expert, we are slated to annually present comprehensive  portfolio findings that not only showcase the progress made but also outline areas for improvement. Understanding the uniqueness of each property, we are conducting on-site reviews of major equipment, encompassing HVAC, water systems, lighting, controls, and more.

GoEnergy aims to identify and prioritize energy conservation measures (ECMs) that incorporate green solutions, renewables, cutting-edge technologies, and compliance with current and future codes. By focusing on opportunities for savings and carbon emission reduction, we aim to make informed decisions that resonate with our commitment to sustainability.

Elara’s team of experts will continue to collaborate with Golub’s leadership to evaluate project findings, highlight energy performance achievements, outline utility savings, and establish updated energy efficiency and carbon reduction goals for each property.

We are excited about the positive impact that GoEnergy will have on our portfolio and look forward to establishing new standards in energy efficiency as we remain dedicated to healthy communities and a more sustainable future.

About Golub & Company

With over six decades of success across several markets, Golub & Company has cultivated a reputation as an active, skilled owner, developer and property manager. The firm is recognized as an industry leader with an effective, hands-on approach from seasoned professionals with high-profile real estate experience. Golub and its affiliates have owned, leased or managed more than 50 million square feet of commercial, mixed-use and multi-family real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the U.S. and internationally.

About Elara Engineering

Since 2001, Elara Engineering – a full service MEPFP consulting engineering firm – has imparted its big picture thinking, practical innovation, sustainable design, and long-term results to improve the functionality and occupant comfort in new and existing buildings. With 32 Chapter, 7 Regional, and 4 International ASHRAE Awards, all while procuring over $7.8M in incentive funding, Elara’s industry leading professional staff is driven by their collective passion to achieve sustainable energy efficiencies through constructible designs that minimize the carbon footprint on the environment, save money, and increase asset value.

Iconic 448-Unit Multifamily Development in Chicago’s South Loop Neighborhood

Golub & Company is pleased to announce the leasing of the reimagined River City Apartments, an iconic landmark located in the heart of Chicago’s South Loop neighborhood. Owned by The Wolcott Group and designed by the visionary architect Bertrand Goldberg, the innovative development, boasting a rich history, has been thoughtfully revitalized to blend the best of the past with a vision for the future.

Originally conceptualized by Goldberg in 1986 with a unique serpentine design, River City Apartments has undergone a contemporary transformation. Once apartments, then converted into condos, and now renovated back into apartments, the building has endured the test of time. Goldberg’s original vision was to create a self-contained urban oasis — a dynamic environment where residents could live, work, play, and learn.

River City Apartments offers a range of living options, from studios to townhomes and penthouses. Each unit is designed with contemporary living in mind, featuring quartz countertops, uniquely sculpted tiles imported from Spain, and premium Symmons fixtures. Residents also enjoy the convenience of an in-unit washer/dryer, access to private and shared outdoor spaces and parking.

“River City Apartments stands as a testament to architectural innovation and urban living. We are excited to lease this property to the community, offering a modern and vibrant living experience that pays homage to its rich history,” said Kristin Nason, Vice President of Golub & Company.

For leasing inquiries and more information, please visit https://rivercityapartments.com/.

Phase I commences Sept. 28 with 4+ acres of public realm improvements, green space, activated pedestrian plaza, new sport courts, and more.

DENVER – Sept. 28, 2023 – Joint venture partners Golub and FORMATIV, today, celebrated the groundbreaking of the initial phase of development at Denargo Market. This first phase, focused on infrastructure improvements and the public realm, will bring 4+ acres of open space and much-needed amenities to the area. This phase is crucial for the future placemaking at Denargo Market. When fully built out, the 17-acre mixed-use development will provide office, residential, retail and hospitality woven together by a new, world-class public realm all situated along Denver’s South Platte River.

“We all want a city that is vibrant,” said Mayor Mike Johnston. “That means that it is active, engaged, where people are present and enjoying all the city has to offer. Denargo Market will add that vibrancy to this neighborhood and to downtown. As part of our goals on climate, we want more density, we want more walkable, bikeable neighborhoods. These residences will be easy to walk to, bike to, or stroll to work if you’re downtown or in the RiNo area. All of those are critical long-term goals, that are about making sure we bring development that expands the greatness of the city and the goodness of the city.”

Zoned for over 3 million square feet of development, Denargo Market, which lies just north of downtown Denver, will be a significant addition to Denver’s skyline. Ample public-facing amenities and public open spaces woven throughout the site are designed to maximize the Colorado lifestyle and invite everyone to gather and play.

The mixed-use development at Denargo Market features build-to-suit and campus opportunities for businesses seeking to be at the center of the dynamic development. Office opportunities range from 200,000 SF to 1.5M SF. residential and hospitality developments are slated to be strategically positioned throughout, and key to the vision will be 80,000 SF of captivating retail that will provide day-to-night activation.

“Today marks the start of improvements to the public realm that will come to define the Denargo Market experience,” said Laura Newman, Vice President of Investment & Development at Golub & Company. “Designed as a true community gathering space, we’ve intentionally protected mountain and city views, open green spaces and riverfront accessibility to ensure these vital elements will forever be part of the public experience at Denargo Market; we’re thrilled to be kicking off that work today.”

Horizontal improvements begin with extensive environmental remediation of a historic landfill, followed by the installation of underground wet and dry utilities, stormwater management, and a new street network with sidewalks, lighting, and protected/elevated bike lanes. Upon delivery, these improvements will strengthen connections between Brighton Boulevard and the South Platte River, making this area pedestrian-centric once again.

The public open space and amenities delivered as part of this phase will include new sport courts, a revamped dog park, an activated pedestrian plaza, a half-acre great lawn and splash pad, as well as a nature-based playground and one of the largest interactive public art installations in Denver. Through a partnership with Denver Urban Gardens, the development will also be home to a new community garden. When complete, these horizontal improvements will result in development pads that are virtually plug-and-play for future vertical development at Denargo Market.

“Developing 17 acres of prime riverfront space here in Denver is a once-in-a-lifetime opportunity and the culmination of years of development work in this area for our team,” said Sean Campbell, CEO of FORMATIV. “This is the largest infill taking shape in Denver right now, and it will be a game-changer for inclusivity in our city. Denargo Market will undoubtedly become a place where businesses want to establish their offices, residents chose to live, and Denverites will spend their nights and weekends; it’s incredible to see this vision begin to take shape.”

Sasaki is serving as the landscape architect and Swinerton as the general contractor on the public realm improvements, which are slated for completion in summer 2025. Additional project partners include Martin & Martin as civil and structural engineer, Denver Parks & Rec – a public/private partnership to enliven the South Platte River frontage – and CBRE and Sullivan Hayes for Office and Retail Leasing, respectively.

Planning for the vertical phases of Denargo Market is well underway. The first development, which broke ground in January of this year, is an affordable housing community made possible by the donation of land by the ownership group. The 56-unit community is being developed by Pennrose with services provided by TGTHR, a Boulder-based organization that provides supportive housing for youth ages 18-24 who are experiencing homelessness.

“Starting with the public realm improvements and the incredible affordable housing project with TGTHR was intentional; this ensures Denargo Market will be a sustainable place that welcomes everyone in our city to live, work, and play,” added Newman.

Earlier this month, the City of Denver’s Planning Board also advanced Golub & FORMATIV’s proposed 16-story, 380-unit multifamily community near the intersection of Denargo Street and Delgany Street. In keeping with the development’s prioritization of connections to nature and community, the project will feature protected mountain views to the west, city views to the south, private balconies, a pool and rooftop lounge, as well as nearly 4,000-square-feet of activated ground-floor retail. That project is set to break ground in Q1 of 2025.

For the latest Denargo Market updates, renderings and multimedia assets, please visit www.DenargoMarket.com.

Celebrating the Life of an Advocate for Women in Real Estate and Raising Funds to Support Emerging Female Leaders

Chicago, IL — On September 14, 2023, the real estate community came together at “Debbie’s Buck-It Bash,” in a heartfelt tribute to the late Debbie Frank. The event, attended by over 300 guests and generously supported by more than 40 corporate sponsors, commemorated Frank’s enduring legacy as a leader and staunch champion for women in the real estate industry.

Debbie Frank, whose spirit was described as ‘unbridled awesome,’ worked in Golub & Company’s commercial leasing division for a notable 14 years. She was both a force of nature and a beacon of light in local commercial real estate, and her legacy is characterized by her commitment to empowering women throughout the industry.

Buck-It Bash serves as the flagship fundraising initiative for the Debbie Frank Legacy Fund. While paying homage to her memory, this vibrant event helps carry forward her vision and influence; inspiring upcoming generations of women in real estate.

The Debbie Frank Legacy Fund donates annually to organizations that prioritize education, mentorship, and community engagement. Among the beneficiaries are the scholarship programs offered by CREW Chicago and The Goldie Initiative, organizations that closely embody the values dear to Debbie’s heart.

To date, the fund has disbursed over $150,000 in support of ten promising women pursuing graduate degrees in real estate.

Paula Harris, Managing Principal at Golub & Company, shared her sentiments, “We will always feel Debbie’s inspiration and energy in our lives and, for the second year in a row, we have honored her memory by following her lead; supporting women as they explore their own potential within the real estate sector.”

Photos from this heartfelt event, hosted at Joe’s Bar on Weed Street, can be viewed online at www.debbiefranklegacyfund.com/gallery.Top of Form

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About Debbie Frank

A graduate of the University of Texas and Kent College of Law, Debbie enjoyed a compelling 22-year career in commercial real estate, spending her last years as senior vice president of leasing for Golub & Company. Throughout her career, she was known for having great energy and empathy. She was a proactive problem-solver and prolific relationship-builder.  Debbie died from cancer at the age of 44 in December 2020, leaving behind a husband and young daughter. Her family, friends, colleagues and peers remember her for her unique personality, brilliance, sharp sense of humor and boundless compassion.

Debbie always advocated for the advancement of women in the industry and was a mentor to many professionals, both within Golub and in the greater Chicago commercial real estate community. She was a member of CREW Chicago (Commercial Real Estate Executive Women), COLBA (Chicago Office Leasing Brokers Association), and the Goldie Initiative. The Debbie Frank Legacy Fund aims to capture her commitment of boosting others and helping women achieve great things in their lives and careers. More information: www.debbiefranklegacyfund.com.

About Golub & Company

Since its founding in 1960, with three generations of family working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. Golub and its affiliates have owned, leased, or managed more than 50 million square feet of commercial, mixed-use, and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally. More information: www.golubandcompany.com.

About CREW Chicago

CREW Chicago is the preeminent organization for senior-level executive women in the Chicago real estate field. As part of CREW Network, with its robust global membership, CREW Chicago is dedicated to advancing the success of women in commercial real estate. Since 1987, CREW Chicago has connected commercial real estate professionals and created a dynamic and supportive environment to promote advancement and encourage our members to be a force of activism and involvement in our communities. CREW Chicago pushes the boundaries in every facet of commercial real estate, aiming to create more opportunities for women in commercial real estate.

CREW Chicago annually awards scholarships for graduate and junior or senior undergraduate students majoring or concentrating in real estate or related real estate fields. The scholarships are awarded to well-rounded candidates, with a focus on academics and community service, and are intended to help qualified students pursue an education that will lead them into productive careers in Chicagoland’s commercial real estate community, with active participation in CREW Chicago. CREW Chicago has added the Debbie Frank Legacy Fund Scholarship as an expansion of its program. More information: www.crewchicago.org.

About The Goldie Initiative^®

The mission of The Goldie Initiative is to prepare women for senior leadership roles in all sectors of commercial real estate. The Goldie Initiative does this by providing scholarship support for graduate study, mentorship and networking opportunities to women with high potential who are committed to becoming the leaders in the real estate industry. More information: www.goldieinitiative.org.

You’re invited to join Golub & Company for Debbie’s 2023 Buck-It Bash, a joy-filled evening of music, dancing and laughter — an appropriate tribute to Debbie Frank, a woman who was uniquely effervescent, hilarious and sparkly.

Proceeds from this event, the primary fundraiser for the Debbie Frank Legacy Fund, support the professional development of women in real estate. As an initiative of the Golub Family Foundation, the Fund will contribute annually to organizations that are dedicated to education, mentorship, and community involvement. 

Since 2021, the Debbie Frank Legacy Fund’s primary beneficiaries have been the impactful scholarship programs offered by CREW Network Foundation and The Goldie Initiative. ​           

Event Details:

Thursday, Sept. 14th
5:30 pm – 9:30 pm
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Joe’s Bar on Weed Street
940 W. Weed Street
Chicago IL 60642

Click HERE to learn more and purchase tickets.

The Mixed-Use, Multi-Family Development Will Open in 2024

A joint venture between real estate development and investment firms Golub & Company, AB Capital LLC, Atlanta entrepreneur Thierry François and a MetLife Investment Management-advised client has recently broken ground on BRYKS Upper Westside. Construction of the project is underway, and the first phase of the community is slated to open in the third quarter of 2024.

Located at 2200 Marietta Blvd NW in the rapidly growing Upper Westside submarket of Atlanta, the 5.8-acre development will feature retail spaces and two separate and distinct apartment buildings, joined together by a common plaza. The residential development includes a variety of 576 multi-family units consisting of studios, one-, two- and three-bedroom apartments. The joint venture has partnered with architecture and design firm Lord Aeck Sargent and general contractor New South Construction.

“We’re excited to enter the Atlanta market as we continue to expand our investments in the Southeast, and with the vast amount of growth we’ve seen on the west side of Atlanta, we feel that this project comes at the perfect time,” said President and CEO of Golub & Company, Michael Newman. “We anticipate that this area will continue to flourish in the coming years and look forward to offering our future residents the opportunity to be right in the center of it all.”

BRYKS Upper Westside will reflect the area’s industrial roots and character, offering spectacular skyline views from each building. The development will provide state-of-the-art living for its residents, including top-of-the-line amenities such as a pool, dog park, fitness center, co-working and lounge spaces as well as retail opportunities for an immersive community experience. Conveniently located, the development sits amidst local hotspots including Westside Village, Publix-anchored Moores Mill Center, Scofflaw Brewing, Top Golf and The Works.

“When entering this joint venture, we assessed the situation strategically, ensuring that all parties involved along with the Bolton Neighborhood and the greater community will greatly benefit from this mixed-use development,” said Senior Vice President of Acquisitions for Golub & Company, Adam Short. “The area’s revitalization along with its close proximity to Buckhead, Vinings and West Midtown make BRYKS Upper Westside a prime location to live, work and play.”

In addition to Michael Newman and Adam Short, Golub & Company enlisted the expertise of Senior Vice President of Development Bruce Armstrong, Vice President of Asset Management Alex Newman, Vice President of Design & Construction Joel Sandridge and Senior Development Manager Tony Bonavolonta.