Chicago Commercial Real Estate 2021 Forecast - General Session
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Jan 20, 2021. KEYNOTE AND OPENING REMARKS: ADAM MARSHALL, SIOR, CCIM, SENIOR MANAGING DIRECTOR, NEWMARK JEANNE DARROW PECK, PRESIDENT, DARROW PECK INVESTMENTS & CONSULTING Adam Marshall, SIOR, CCIM Senior Managing Director Newmark Jeanne Darrow Peck President Darrow Peck Investments & Consulting STATE OF THE MARKET: Executives from some of the largest and most prominent CRE companies take an in-depth look at the Chicago marketplace, covering the downtown and suburban markets and focusing on all property Sectors. They give a brief recap of the dominant storylines from 2020 while looking ahead at what to expect in 2021 and beyond. Moderator Danny Nikitas Principal Avison Young Jim Pape Group President – CRE West TCF National Bank Nick Siegel Partner, Chicago Region Bridge Development Partners, LLC Jim McDonald Market Leader of the Great Lakes Ryan Companies US, Inc. Brian McKiernan Senior Vice President of Development CenterPoint Properties Josh Graham Partner Wipfli IT’S ALL ABOUT THE SPACE The space has always been an important element—but more so from the aesthetic perspective. The pandemic is changing that in office, industrial, retail and other asset classes. Those instrumental in the built environment look at how the spaces we live, work and play in are changing and how we can be safe and collaborative. Janeen Harrell, AIA, NOMA Associate. 2020 AIA Illinois President G|R|E|C Architects Scott Delano Design Director, Associate Principal Wright Heerema Architects Geoffrey Kasselman Senior Vice President/Partner-Workplace Stragegy CRG Tyler Lamkey Senior Vice President RIVERSIDE Investment & Development Carrie Szarzynski Director of Management Services NAI Hiffman Sam Zeller COO Zeller FROM THE TOP Commercial real estate executives high up the corporate ladder have been wrestling with the issues and challenges affecting our industry from day one. They’re advising clients and shaping how their organizations respond to the pandemic, the financial implications and the uncertainty that exists. Along the way they’ve made tough decisions. So what do these people look for in 2021 … Members of the C-Suite tell you! Kathryn Kovitz Arnold Partner & Chair of the Real Estate Condominiums Groups Taft Stettinius & Hollister Molly McShane Chief Executive Officer McShane Companies David L. Reifman President, Chicago Business Unit CLAYCO/CRG Drew Nieman Executive Vice President RIVERSIDE Investment & Development