Author: McKenzie Parker

CHICAGO, IL–A joint venture between real estate development and investment firms Golub & Company, AB Capital, Thierry Francois a local entrepreneur,  and a MetLife Investment Management-advised client has announced the acquisition of a 5.8-acre parcel located at 2164 Marietta Blvd in the Upper West Side submarket of Atlanta, GA. The joint venture has retained architecture and design firm Lord Aeck Sargent. The planned mixed-use development will feature two separate and distinct multifamily buildings totaling 576 units surrounding a common plaza, offering a variety of unit types as well as state-of-the-art amenities and dynamic retail opportunities to enhance the community experience. Groundbreaking is expected in the 3rd quarter of 2022 with delivery of the first phase in the 3rd quarter of 2023.

The sale of the site closed on January 31, 2022 for an undisclosed price. Adam Short, senior vice president, acquisitions; and Alex Newman, vice president, asset management, both of Golub & Company, led the acquisition on behalf of the venture. Over the course of the last five years, Thierry Francois assembled the site and secured zoning approvals with assistance from AB Capital and Golub & Company. Bruce Armstrong and Joel Sandridge of Golub’s development team will oversee the design and construction.

“The site is strategically located in the rapidly growing west side of Atlanta which includes the Midtown/West Midtown and Upper West Side submarkets, as well as the new Microsoft campus. The area is becoming the epicenter of technology and innovation for the region,” said Michael Newman, president and CEO of Golub & Company. “As continued growth and capital investment continues to be attracted to the west side of Atlanta, residents of our future development will benefit.”

The Upper West Side of Atlanta has increased in popularity due to its easy access and close proximity to the in-town markets, as well as Buckhead. “We are excited to team up with our partners and expand our development platform into Atlanta,” said Short. “The market fundamentals there make it one of the top growth markets not only in the Sun Belt, but in the entire country. The Upper West Side submarket is especially well-positioned as it is directly in the path of the expanding cultural, infrastructure, and employment revitalization that Atlanta is experiencing,” he added.

The proposed design will reflect the industrial roots and character of the neighborhood, and the orientation of the building will take advantage of the spectacular skyline views. The development will also include retail space to serve the residences and surrounding neighborhood.

Golub & Company has a reputation for its ability to enter burgeoning submarkets across the country, work successfully with local communities and officials, and complete complex mixed-use development projects that truly transform the area. The Chicago-based developer is currently underway on a massive multi-year project on 13 acres in Denver’s River North Arts District (RiNO) neighborhood called Denargo Market, with other opportunities taking shape in in the Sun Belt region.

About Golub & Company

Since its founding in 1960, with three generations of professionals 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. It’s a reputation based on track record; 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. Access more information by visiting www.golubandcompany.com.

About AB Capital

AB Capital LLC is a commercial real estate firm based in Atlanta, GA recently organized as a vehicle for the joint activities of its two principals J. Dwight Bell and Scott J. Arnold.  Mssrs. Bell and Arnold, longtime friends and business collaborators, combine complementary skill sets honed over many years in different sectors of the commercial real estate world.  Mr. Bell brings a long and diverse resume as a classic full service real estate developer with rich experience in the office and multi-family sectors.  Mr. Arnold led a global real estate law practice at a major law firm, concentrating in capital markets before co-founding a boutique private equity firm. AB Capital LLC has been formed to pursue unusual and perhaps complicated development and investment opportunities in the Southeastern US taking advantage of the many contacts cultivated by the principals of the firm over the years. AB Capital can invest in its projects for its own account and with third party private and institutional capital.  The firm can also provide an array of development and asset management services befitting the diverse experiences of its principals.

CHICAGO–(BUSINESS WIRE)–CIM Group and Golub & Company announced today the execution of a lease with Foxtrot, the corner store, café, and delivery market, for a 1,739-square-foot retail space at The Shops at Tribune Tower in Chicago, Illinois.

Launched in 2013, Foxtrot is redefining convenience for the modern consumer, marrying the best of neighborhood retail and e-commerce technology. Its stores offer an all-day café experience with culinary delights, plus a selection of grocery staples, sommelier-curated wine, and locally sourced goods all available to enjoy in-store and to order for convenient 5-minute pickup and 30-minute delivery powered by the Foxtrot App. The Chicago-based company currently has 15 locations including 10 stores in Chicago, three in Washington, D.C., and two in Dallas, Texas with plans for further expansion nationwide.

“We’re excited to bring our local corner store and café to such an important building and neighborhood in Chicago. The Tribune Tower’s rich history, iconic architecture and prime location paired with the recent renovations and new public plaza make this an exciting destination to be a part of. We look forward to welcoming everyone from Tower residents to locals who work nearby to tourists who are exploring the city for the first time,” said Mike LaVitola, Co-Founder and CEO, Foxtrot.

Located at 429 N. Michigan Avenue, Foxtrot at The Shops at Tribune Tower will be a multi-use space designed to create the experience of a neighborhood café that includes dedicated patio space fronting the 1.5-acre public park at Pioneer Court. The location will offer expanded grab-and-go offerings alongside an array of café items, thoughtfully curated snacks, and everyday essentials the brand has become known for. Opening for Foxtrot at The Shops at Tribune Tower is anticipated for spring 2022.

“Foxtrot is a community-serving retailer that brings a contemporary market to this high traffic location on the Magnificent Mile. It benefits everyone in the neighborhood including local residents, office workers, and visitors and is an ideal addition to our Shops at Tribune Tower,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Foxtrot’s location is directly adjacent to Museum of Ice Cream on the soon-to-be-completed Pioneer Court, apublic plaza that CIM Group and Golub & Company have reimagined as a more welcoming and activated landscaped community space in a park-like setting shared with Apple flagship store that draws throngs of visitors to its dramatic and creative space on the river. Pioneer Court creates a natural outdoor extension of The Shops at Tribune Tower, providing an expansive public area, event space, and view corridor that connects the city, its people, and the shops in a continuing evolution of the Magnificent Mile.

The Shops at Tribune Tower consists of 50,000 square feet of artfully-designed retail spaces that anchor the ground floor of the iconic 36-story, 740,000-square-foot Neo-Gothic Tribune Tower, located at 435 N. Michigan Avenue. The Tower has been transformed into 162 luxury residential condominiums, which has welcomed its first residents. The Shops at Tribune Tower expand the retail options and pedestrian engagement in this increasingly popular section of Michigan Avenue–-the Magnificent Mile.

Tribune Tower is a Chicago landmark originally built in 1925. Since acquiring the property in 2016, CIM Group and Golub & Company have maintained the historic integrity of the building while undertaking a repositioning that will add to the overall vibrancy and value of the area. Tribune Tower is ideally located in Chicago’s Magnificent Mile close to numerous public transportation lines, including CTA lines providing easy access to O’Hare and Midway International Airports.

In addition to Tribune Tower, CIM’s portfolio of Chicago properties includes 444 N. Michigan Ave., the 36-story, 517,000-square-foot Class A office building with 6,700 square feet of high street retail at the base on Magnificent Mile; Block 37, the 275,000-square-foot five-level retail center in Chicago’s Loop; mixed-use properties at 237 and 1643 N. Milwaukee Ave.; Paragon, an apartment development at 1326 S. State St.; and the 1550 On the Park residential condominium development.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.

About Golub & Company

Since its founding in 1960, with three generations of professionals 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. It’s a reputation based on track record; 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. Access more information by visiting www.golubandcompany.com.

About Foxtrot

Foxtrot is redefining convenience for the modern consumer, marrying the best of neighborhood retail and e-commerce technology to create a community of discovery. Its spaces offer the most-loved aspects of neighborhood cafés, and you can turn to the Foxtrot App or website for 30-minute delivery and 5-minute pick up of a city’s best goods – from local beers and fine wines to chef-prepared meals and everyday essentials. Foxtrot also offers the best of its favorite foods, goods and curated gifts available for nationwide shipping via Foxtrot Anywhere.

There are currently 15 Foxtrot locations across Chicago, D.C. and Dallas with plans to continue expansion in both existing and new markets. For more information, visit foxtrotco.com or download in the App Store.

Link: CIM Group and Golub & Company Bring Flagship Foxtrot Market to Chicago’s The Shops at Tribune Tower on the Magnificent Mile

10/6/2021

CHICAGO–CIM Group and Golub & Company announced today the signing of Museum of Ice Cream (MOIC) to a long-term lease for a prominent 13,544-square-foot location at The Shops at Tribune Tower in Chicago, Illinois. Chicago joins New York and Austin as the only U.S. cities with a permanent flagship location for MOIC’s immersive, interactive experience.

Since MOIC’s conception in 2016, it has catapulted a cultural phenomenon and ignited an entire experiential industry. Tourists and locals are drawn to the whimsical spaces, imaginative tours, themed retail, and café. Interest in MOIC has continued to grow with the New York location, which opened in 2016, posting record visitor counts this summer, and captivated crowds streaming through the recently opened Austin location.

Plans for MOIC at The Shops at Tribune Tower include the rollout of new features and attractions specifically designed for Chicago including a CTA-inspired “L” car called the Sprink-L, a giant dessert-themed putt putt course complete with a pink Chicago dog ice cream treat, and a café with an eclectic menu and outdoor seating that is open to all, along with fan favorites such as the sprinkle pool and the Museum of Modern Ice Cream (MoMi), enveloped in spaces infused with the Museum’s signature pink color scheme. Opening for MOIC at The Shops at Tribune Tower is anticipated for spring 2022.

Maryellis Bunn, Co-Founder and Creative Director at MOIC, says: “The opportunity to open one of the most ambitious formats of Museum of Ice Cream at Tribune Tower on the Magnificent Mile is incredibly exciting. The history of architecture, art and revolutionary commerce in this district over the past 100 years makes this a perfect setting for the next iteration of Museum of Ice Cream. Not only will there be new installations, but MOIC Chicago will debut an updated format to engage families during the day and help adults celebrate at night in true MOIC style. We are thrilled to bring Museum of Ice Cream to Chicago’s storied Michigan Avenue and even more thrilled to be creating new experiences and features that reflect and celebrate the essence of Chicago.”

The Shops at Tribune Tower consists of 50,000 square feet of artfully-designed retail spaces that anchor the ground floor of the iconic 36-story, 740,000-square-foot Neo-Gothic Tribune Tower, located at 435 N. Michigan Avenue. The Tower has been transformed into 162 luxury residential condominiums, now welcoming its first residents. The Shops at Tribune Tower expand the retail options and pedestrian engagement in this increasingly popular section of Michigan Avenue–-the Magnificent Mile.

“Museum of Ice Cream has raised the bar on customer engagement and set a new standard for creative experiences, which we believe is the type of attraction that will draw scores of people to the area that will energize Pioneer Court and patronize other businesses and dining options here on the Magnificent Mile and the Riverwalk,” said Shaul Kuba, Co-Founder and Principal, CIM Group. “The Shops at Tribune Tower provides significant prime storefront space on Michigan Avenue, an area that is now the top option for retailers entering the Chicago market. We are targeting a mix of traditional retail, digital retail expanding into physical spaces, and food and convenience shops that will serve Tribune Tower residents and the greater community.”

MOIC’s flagship location opens on to the soon-to-be-completed Pioneer Court, an approximately 1.5-acre public plaza that CIM Group has reimagined as a more welcoming and activated landscaped community space in a park-like setting that also is directly across from the Apple flagship store that draws throngs of visitors to its dramatic and creative space on the river. Pioneer Court creates a natural outdoor extension of The Shops at Tribune Tower, providing an expansive public area, event space, and view corridor that connects the city, its people, and the shops in a continuing evolution of the Magnificent Mile.

“With the top-drawing flagship Apple store, the new development and restaurants along the river, and now our The Shops at Tribune Tower that brings a new public plaza and the popular Museum of Ice Cream, we believe the already surging customer volume will increase, indicating that this is the new top retail destination on the Magnificent Mile,” noted Kuba.

Tribune Tower is a Chicago landmark originally built in 1925. Since acquiring the property in 2016, CIM Group and Golub & Company have maintained the historic integrity of the building while undertaking a repositioning that will add to the overall vibrancy and value of the area. Tribune Tower is ideally located in Chicago’s Magnificent Mile close to numerous public transportation lines, including CTA lines providing easy access to O’Hare and Midway International Airports.

In addition to Tribune Tower, CIM’s portfolio of Chicago properties includes 444 N. Michigan Ave., the 36-story, 517,000-square-foot Class A office building on Magnificent Mile; Block 37, the 275,000-square-foot five-level retail center in Chicago’s Loop; mixed-use properties at 237 and 1643 N. Milwaukee Ave.; Paragon, an apartment development at 1326 S. State St.; and the 1550 On the Park residential condominium development.

The Museum of Ice Cream is Headed to Michigan Avenue

CHICAGO – July 7, 2021 – Golub & Company has launched the Debbie Frank Legacy Fund, an initiative of the Golub Family Foundation, to support the professional development of women in real estate in honor of the late Debbie Frank, an accomplished leader in the Chicago commercial real estate (CRE) industry who directed Golub’s Commercial Leasing Group for 14 years. The fund will contribute annually to organizations that are dedicated to education, mentorship, and community involvement. For 2021, the Debbie Frank Legacy Fund’s inaugural year, the primary beneficiaries will be the impactful scholarship programs offered by CREW Network Foundation and The Goldie Initiative.

“Debbie inspired so many people and accomplished so much professionally during her time at Golub,” said Paula Harris, managing principal. “To honor her memory, we hope to nurture the next generation of women leaders in real estate and want to help them find their own ‘unbridled awesome’ just as Debbie did during her short life.”

To honor Frank’s fun-loving spirit, Golub & Company will host a fundraiser for the Debbie Frank Legacy Fund on September 30, 2021 at Joe’s Bar on Weed St. The inaugural Debbie’s Buck-it Bash will feature a performance by renowned Chicago party band Dr. Bombay.

About Debbie Frank

A graduate of the University of Texas and Kent College of Law, Debbie created a compelling 22-year career in commercial real estate, including most recently as senior vice president of leasing for Golub & Company. Throughout her career, she was known for being a proactive problem-solver and relationship-builder with great energy and empathy.

Debbie died from cancer at the age of 44 in December 2020, leaving behind her husband, young daughter and numerous family members, friends, colleagues and peers who remember her for her brilliance, unique personality, sharp sense of humor, and boundless compassion.

Frank always advocated for the advancement of women in the industry and was a mentor to many women real estate professionals both within Golub and in the greater Chicago CRE community. She was a member of CREW Chicago and COLBA (Chicago Office Leasing Brokers Association) and also participated in The Honeycomb Project, a nonprofit organization with a focus on family volunteering. The Debbie Frank Legacy Fund aims to capture Frank’s commitment to boosting others and helping them achieve great things in their lives and careers.

About Golub & Company

Since its in founding in 1960 and now with three generations of professionals 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. It’s a reputation based on track record; 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. Access more information by visiting www.golubandcompany.com. 

New building adds a modern, multifunctional recreation space for the Prairie Shores community

June 9, 2021 – Prairie Shores Owners will break ground today for construction of a new, standalone clubhouse for residents of the iconic Bronzeville apartments on South Martin Luther King Drive. Once completed, the 17,500 square foot, two-story structure will feature various amenities that will provide an array of entertainment, recreation, fitness and workspace options for residents. Construction is expected to be completed by the second quarter of 2022. The building will be located between the 2901 and 2951 towers along Martin Luther King Drive.

Prairies Shores is a five-tower apartment community, composed of 1,675 units. The property was purchased in 2019 by Chicago-based firms Golub & Company and Farpoint Development, along with New York-based Goldman Sachs Urban Investment Group.

The clubhouse construction is one phase of planned renovations that will modernize the units and common areas in all five Prairie Shores towers. In addition to the clubhouse, other renovation plans include interior unit renovations, upgrades to corridors and lobbies, elevator modernization, and enhanced landscaping.

“People who live at Prairie Shores work hard and are proud of their community, and they deserve a modern space that invites them to relax and engage with their neighbors,” said Steve Sise, senior vice president of portfolio management at Golub & Company. “We’re excited to bring back a stronger sense of neighborhood to the families of Prairie Shores.”

Designed by global architectural firm Gensler, with interiors by Stanton Interior Concepts, the clubhouse’s modern features will include:

• Roof deck: three grill stations for cooking, bar seating, lounge seating, two fire pits, outdoor media walls, elevated turf platform
• A two-story fitness center: the second floor will feature a cardio studio including cardio equipment with TVs, yoga, private wellness room; the first floor will feature equipment for weight training, crossfit training and strength training
• Grab n’ go café area and standalone vending 
• “Great” room with lounge seating, fireplace, and TVs
• Game room and kitchen area – pool table, TVs, kitchen bar and high-top seating
• Co-working lounge – lounge and booth seating for groups or individual seating for working, private conference room and private work/computer rooms

In addition to these, the clubhouse will house the new Prairie Shores leasing and management offices. The updates and additions to the campus will complement the resurgence of equitable development happening in the Bronzeville community.

“Prairie Shores’ modernization will ensure it continues to be an attractive housing option for current and future residents,” said Morgan Malone, Farpoint Development’s director of development and external affairs. “As plans get underway to develop nearby lakefront areas, Prairie Shores will continue to be a thriving residential housing anchor for the Bronzeville community.”

Leopardo is serving as the project’s general contractor. To view renderings of the new clubhouse, click here. 

Prairie Shores Resident Clubhouse Breaks Ground in Bronzeville

On May 13th, Golub & Company was named Residential Property Manager of the Year at the 33rd Annual Commercial Real Estate Awards benefiting the Greater Chicago Food Depository.

This category recognizes professional residential property management firms that have demonstrated outstanding achievement over the past year in resident relations, building operations, amenities and community service. We could not have achieved this level of success without the support of our residents and our investment partners.

Most importantly, we are a proud supporter of the Greater Chicago Food Depository, a member of Feeding America, the national network of food banks.

492-Unit, Garden-Style Apartment Community Features Resort-Style Amenities

CHICAGO – May 4, 2021 – Golub & Company and Petiole Asset Management have announced a joint venture acquisition of Lakehaven Apartments in Carol Stream, IL, marking the first residential joint venture between the two firms and the third overall. The acquisition closed on April 29, 2021. Golub & Company will provide property management and leasing services effective immediately.

Lakehaven Apartments, located at 732 Bluff Street in Carol Stream, DuPage County, IL, was constructed in 1984 and is the newest apartment community in this mature suburban township. The property, while close to major employers and highways, also benefits from its pastoral setting surrounded by 100 acres of park land and lakes. The 492 apartment homes are spread across 41 buildings and feature a mix of 1-, 2-, and 3-bedroom layouts ranging in size from 700 to 1,100 square feet with an average unit size of 868 square feet. Amenities include a clubhouse, resort-style pool, fitness room and fenced dog park.

Leading the acquisition were Adam Short, Senior Vice President of Acquisitions; Ania Najder, Director of Acquisitions; and Kristin Nason, Regional Portfolio Manager, all from Golub & Company, and Chris Lord, Principal of Petiole Asset Management. The seller, Lakehaven Apartments LLC, was represented by JLL’s Marty O’Connell, Danny Kaufman, Wick Kirby and Kevin Girard.

“Lakehaven has recently undergone an in-unit and amenity repositioning program yet offers new ownership the ability to incrementally improve upon the previously completed program to offer top-quality amenities and unit finishes,” said Short. “From the perspective of the submarket there has been very limited new supply which we believe will bode well for occupancy over the long-term,” he added.

Founded in 1960, Golub & Company is a multi-generational developer, operator and investor of commercial, residential and mixed-use properties. Its current projects are located across core U.S. markets including Chicago, Minneapolis, Denver, and South Florida. Petiole Asset Management AG (formerly The Family Office) is a Zurich-based asset management firm with a track record of managing $2B in alternative investments.

“The value-add potential and strong market fundamentals make this an attractive acquisition opportunity,” said Michael Newman, President and CEO of Golub & Company. “After completing successful office acquisitions of 111 W. Washington Street in the Central Loop and International Tower in the O’Hare market, we are thrilled to partnering once again with Petiole Asset Management on this exciting project.”

About Golub & Company

Since its in 1960, with three generations of professionals 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. It’s a reputation based on track record; 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. Access more information by visiting www.golubandcompany.com. 

About Petiole Asset Management

Petiole Asset Management, previously operating as The Family Office (TFO), is a boutique asset manager that provides investors diversified investment programs targeting direct and co-investment transactions with $2 billion in AUM. Our clients benefit from tailored alternative solutions, a rigorous investment process and a dedicated team specialized in private market investments. Petiole USA Limited, operating out of the New York office, targets value-add and core-plus real estate acquisition opportunities in addition to real estate debt and structure equity opportunities. The team has acquired 12,000 multifamily units and 4.4 million square feet of U.S. real estate in the past decade. Access more information by visiting www.petiole.com. 

5,000-Square-Foot Tenant Lounge Sets New Design Standard for Office Amenities   

CHICAGO – April 26, 2021 – CIM Group and Golub & Company have announced the opening of The Front Room, a new 5,000-square-foot tenant lounge on the third floor of 444 N. Michigan Avenue. Designed by Huntsman Architectural Group, The Front Room was completely reimagined as part of a larger building repositioning program. The design language for the building’s public areas is rooted in hospitality and focuses on a welcoming experience “from street to suite.”   

“The Front Room at 444 N. Michigan is a stunning new lounge with welcoming design features that set the building apart from the rest of the market,” said Bethany Chang, Managing Director of On-Site Property Management at CIM Group. “Featuring a game room, a curved bar stocked with beverages, and a variety of communal seating and gathering spaces with floor-to-ceiling views of Chicago’s Magnificent Mile, The Front Room is yet another example of our commitment to providing superior amenities and services to our tenants.”

“During our first tour of the vacant space at 444, the design team was immediately drawn to the window line on Michigan Avenue, and we knew the space had to capture the energy from outside,” said Huntsman Principal Andrew Volckens. “Our primary goal was to create a collection of design ‘moments’ that provide a landscape of choice for occupants of The Front Room.”

CIM Group and Golub & Company have owned 444 N. Michigan Avenue since 2018. The 36-story, 517,000-square-foot office building with ground floor retail is located in the heart of Chicago’s Magnificent Mile, and directly across the street from another CIM/Golub joint venture, the Tribune Tower redevelopment.

“While it’s nothing new for building owners to add shared amenities to office buildings, The Front Room sets a new standard for design and community,” said Sandy Macaluso, Senior Vice President of Leasing at Golub & Company. “Leasing velocity is increasing and tenants are anxious to have beautiful spaces away from their homes where they can take a break, socialize, or have their lunch. We are already seeing a tremendous positive response to the space.”

Link: CIM, Golub Unveil New Tenant Lounge at 444 N. Michigan

Golub & Company has announced the addition of Erica Rogers as vice president to the company’s downtown Chicago office leasing team. A 27-year veteran of the Chicago commercial real estate industry, Ms. Rogers will work closely with Sandy Macaluso, senior vice president and leader of the firm’s commercial leasing practice. In her new role, Ms. Rogers will play an integral role in the leasing of 300 South Wacker Drive, 111 West Washington Street, 444 North Michigan Avenue, 625 North Michigan Avenue and 680 North Lake Shore Drive.

Most recently, Ms. Rogers spent four years as an agency leasing representative for JLL’s suburban and downtown office portfolio. During this time, she leased prominent buildings in the O’Hare and North suburban submarkets including One Northbrook Place, The Reserve at Deer Park and O’Hare Plaza in addition to downtown Chicago assets including 1 N. Wacker Drive and 222 S. Riverside Plaza. Between 1997 and 2017, Ms. Rogers held similar roles with Avison Young and CBRE, and counts Aon Center and Merchandise Mart among the more noteworthy properties she leased during that time.

“We are thrilled to welcome Erica to the Golub office leasing team,” said Ms. Macaluso. “She brings a depth of experience that will be critical as we begin to welcome tenants back into our downtown properties and seek to fill key vacancies. She understands how to position properties for success during market highs and lows,” she added.

Golub & Company’s downtown Chicago office portfolio now totals 2.5 million square feet across five buildings. Please visit the “Portfolio” section of company’s website for portfolio details.

Ms. Rogers is a resident of Lake Forest, IL, a graduate of The University of Kansas and a member of The Chicago Office Leasing Brokers Association (COLBA).   

We are deeply saddened to announce the passing of our revered and beloved employee, Debbie Frank. Debbie approached her battle with cancer as she did everything in life – with strength, determination and humor. Tragically, she passed on December 16, 2020, leaving behind her husband and young daughter.

Debbie’s expertise in commercial real estate leasing ran deep. Her 20-year career began in New York City, where she worked on the iconic Rockefeller Center. Debbie joined Golub & Company in 2006 and spent the next 14 years building relationships in the Chicago real estate community and organizations supporting the advancement of women in CRE such as CREW Chicago and The Goldie Initiative. She played a key role in stabilizing many high-profile Golub assets including 875 N. Michigan Avenue (formerly the John Hancock Center) and 300 South Wacker Drive, and was promoted to senior vice president and leader of our expanding commercial portfolio in 2017.

“Debbie’s immense talent for business and deep compassion for others earned her the love, trust and respect of all who had the joy of working with her here at Golub & Company,” said Golub Principals Michael Newman, Lee Golub and Paula Harris. “Her bright light, warm smile, wicked sense of humor and infectious joie de vivre will truly be missed. It will be our mission to ensure that Debbie’s legacy lives on.”