Top 100: PROLOGIS SOLAR SOLUTION

Lee & Associates Illinois was founded by eight principals in ?02, each part owner in the company (an offer extended to many new principals). The incentive works: It's grown to 35 employees and spilled into a new downtown office. (Makes our handshake-for-a-good-story incentive look less groundbreaking.)
 

L&A has had a national presence for 30 years, to annual revenues of $131M in 39 offices. Locally, it's the third-largest industrial producer.John SharpeC.J. KuehlJune SimonianAmanda Seward,Brian Vanosky and Ellen Steinbrecher met us at their downtown office yesterday, where they informed us they're expanding and have no debt.

June, C.J., Amanda and Ellen started the downtown operation on LaSalle St. when it outgrew the O'Hare office in late ?08. We?d love to tell you who's in charge, but we can't: L&A shuns a highly compensated manager model in favor of principals collectively managing their offices. Has it devolved into Lord of The Flies? Nope, in part because most commission splits (some of the industry?s highest) go straight to brokers? pockets and not a manager's salary.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Avison Young Plans Second Major Recapitalization Since 2024

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Big-Box Deals Push Chicago Industrial Leasing Into National Top 3

Kidder Mathews Establishes First Texas Office In DFW, Adds 6 New Brokers