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1006 S. Michigan

1006 S. Michigan

1006 S. Michigan is a stunning 7 story vintage terra cotta loft office building, constructed in 1904 and located in Chicago’s booming South Loop and overlooking Grant Park. The building totals over 70,000 ft of renovated, first class office space with high ceilings and excellent natural light. The tenant current roster includes architects, designers, artists, medical and other professionals and financial service firms. The first floor of the property contains the sales showroom for the 1000M condominium development directly to the North. The property is currently undergoing a complete renovation and is offering office suites ranging from 1,300-24,000 ft with elevator identity and Grant Park views.

Speakers and Panels

Cheryl Gray

Cheryl Gray

EVP, Enterprise Innovation

QuadReal Property Group

Cheryl Gray

EVP, Enterprise Innovation

QuadReal Property Group

Cheryl Gray joined QuadReal in January, 2017 as Executive Vice President leading the Enterprise

Innovation Team, providing expertise to the Canadian real estate portfolio in sustainability,

environmental health and safety, national contracts and property management best practices.

She recently launched QuadReal’s Digital Innovation initiative that will encourage, support and

implement innovative technology in QuadReal’s Canadian portfolio to create and sustain long

term value. Prior to joining QuadReal, Cheryl held several leadership positions in Bentall

Kennedy, most recently having launched their Canadian residential property management

business platform.  Prior to Bentall Kennedy, she worked at several major Canadian real estate

firms in senior management roles where she was responsible for office, industrial, retail and

residential portfolios. Cheryl holds a B.A. of Economics from the University of Waterloo, and has

a Certified Property Manager ® designation from the Institute of Real Estate Management

(IREM).  She serves as an officer IREM’s Executive Committee as the 2018 Secretary Treasurer,

the first international member to be nominated to an officer role with IREM.

Value Engineering

Value Engineering in Repositioning Projects in Pursuit of Higher Returns

Robert Burk

Robert Burk

Co-Founder

UrbanStreet Group

Jack Boarman

Jack Boarman

CEO and Senior Practice Leader

BKV Group

Jack ​Barbaccia

Jack ​Barbaccia

Managing architect / Partner

BKV Group

Raymond Warner

Raymond Warner

Partner

Franklin Partners

Randy Waites

Randy Waites

Principal

Avison Young

Scott Goldman
Moderator

Scott Goldman

Managing Principal

Baum Revision

Robert Burk

Co-Founder

UrbanStreet Group

Bob Burk is a co-founder of UrbanStreet Group. Bob has over 27 years of real estate development, construction design, construction management and general contracting experience. He is primarily responsible for managing all aspects of the entitlement, planning and construction processes for all projects and developments undertaken by the company. He has a degree in Business and Marketing from Miami University (Ohio).

Jack Boarman

CEO and Senior Practice Leader

BKV Group

Jack Boarman founded the multi-discipline and award-winning firm, BKV Group, in 1978 and over the last 40+ years has expanded the company to be national student housing leader with over 190 design professionals working on projects throughout the United States. Jack is a Senior Practice Leader of Housing at BKV Group, focusing his work on the development of residential environments that utilize trend-setting ideas with a creative effort that translates client’s vision into a reality. Jack embraces a vision of growth and quality, which he incorporates in each of his designs. Jack is a renowned student housing expert, and speaks frequently at national and regional events and conferences including Interface, NMHC, Bisnow, and more. Recent and notable student housing projects Jack has designed include WaHu Student Apartments and The Marshall, both in Minneapolis, MN; Georgia Heights Apartments in Athens, GA; The Standard at New Brunswick in New Brunswick, NJ; The Standard at Raleigh in Raleigh, NC; and, The Standard at Auburn in Auburn, Alabama.

Jack ​Barbaccia

Managing architect / Partner

BKV Group

Jack has over 23 years of multifamily and mixed-use architecture experience. He has led teams in the completion of several high-end, high-rise multi-family and hospitality projects in Chicago. Notable projects include the J.W. Marriott Chicago on the National Register of Historic Places and the Streeter Place Luxury Apartments on Chicago’s Gold Coast. With his extensive experience in high-rise architecture, Jack manages high-rise and mid-rise projects in Chicago and throughout the Midwest.

Raymond Warner

Partner

Franklin Partners

Ray has drawn 20 years of management experience assisting corporate, institutional and private partnerships in enhancing value and utilizing assets more effectively and efficiently in order to achieve overall business objectives. A self-motivated professional with a diverse background in commercial real estate, Ray focuses on asset management, acquisitions and construction. Over the course of his career, he has been involved in the redevelopment of over 5 million square feet of value-added redevelopment in the Midwest.

Randy Waites

Principal

Avison Young

Prior to joining Avison Young, Mr. Waites was the Senior Managing Director and Midwest Regional Lead of Investor Services with Cushman & Wakefield. Mr. Waites grew property management and agency leasing from 4.5 million square feet to over 45 million square feet of office, industrial and retail properties for key institutional investors and owners. Prior to Cushman & Wakefield, Mr. Waites served as Chief Operating Officer of John Buck International where he helped establish a property and asset management division based in Abu Dhabi, United Arab Emirates. Mr. Waites built a property management and consulting portfolio of approximately 10 million square feet of office, retail, mixed use and university facilities. Prior to his role with John Buck, he held an Executive Vice President, Asset Management position with Riverway formerly, Prime Group Realty Trust, a self-managed and administered publicly traded REIT, where he managed approximately 8 million square feet of class A and B Chicago and Suburban office buildings, structured in excess of 5 million square feet of leasing and participated in the disposition of approximately 4 million square feet of office assets as well as the sale of the REIT’s controlling ownership to the Lightstone Group. Mr. Waites also acted as asset manager for approximately 38 facilities totaling approximately 4 million square feet of industrial and mixed use properties acquired from Sealy in the South, South East and Puerto Rico on behalf of Prime Group Realty Trust’s parent, The Lightstone Group

Scott Goldman

Moderator

Baum Revision

Scott Goldman is Managing Principal and Co-Founder of Revision Group, LLC, a Chicago-based private investment firm specializing in the development and acquisition of infill commercial real estate. The firm was formed in 2011 and currently owns a portfolio of approximately $50MM of commercial real estate with several additional projects under development.

Prior to forming Revision, Scott spent 6+ years with Pine Tree Commercial Realty, a Northbrook-based shopping center development firm, where he headed the firm’s Acquisition platform that was responsible for the acquisition of $250MM of commercial real estate during Goldman’s tenure and had responsibilities overseeing investor relations, asset management, as well as debt and equity finance.

Future Proofing Repositioning Projects

Paige Hennessy

Paige Hennessy

Director

Shapack Partners

Andrew Lehrer

Andrew Lehrer

SVP & Practice Leader-High Performance Buildings Group

ESD

Roger Heerema

Roger Heerema

Managing Principal

Wright Heerema Architects

John Gagliardo

John Gagliardo

Senior Vice President of Construction & Development

GNP REALTY PARTNERS

Chad Richman
Moderator

Chad Richman

Partner

Freeborn & Peters

Paige Hennessy

Director

Shapack Partners

Paige Hennessy joined Shapack Partners in 2014 and is the Director for the firm overseeing leasing, acquisitions and asset management. Founded in 2009, Shapack Partners was a leader in the creation of Chicago’s Fulton Market district with projects including Soho House Chicago, WeWork Fulton Market and The Parker Fulton Market. Currently, Paige is actively leasing the firm’s office portfolio, including the Knoll-anchored 811 Fulton and the 630,000 square-foot office development at 167 N. Green.

Prior to joining Shapack Partners, Paige was an Associate at JLL in the Chicago Office Investment Sales group and a Senior Advisor at Cresa focusing on national real estate brokerage. Paige graduated from the University of Notre Dame from the Mendoza College of Business in 2009. Paige has sat on the Associate Board of The Cara Program and the Steering Committee for the Greater Chicago Food Depository’s Commercial Real Estate Awards Dinner. She is an Illinois Licensed Real Estate Broker and is a native Chicagoan.

Andrew Lehrer

SVP & Practice Leader-High Performance Buildings Group

ESD

Andrew Lehrer serves as the practice leader for ESD’s High Performance Buildings group. He focuses on major repositioning/adaptive reuse, corporate headquarters and R&D/manufacturing markets. Andrew is committed to delivering sustainable, fit-for-purpose solutions for his clients.

Roger Heerema

Managing Principal

Wright Heerema Architects

As Managing Principal of Wright Heerema Architects, Roger Heerema has a proven track record of designing highly successful buildings and interiors throughout Chicagoland and across the country. His portfolio of award-winning work includes redevelopment projects, ground-up buildings, build-to-suits, and master plans. He has worked closely with investors, developers and property managers for over 30 years with a long-lasting goal of designing outstanding work spaces that excite and impress tenants. Roger received his Master of Architecture from the University of Illinois. He has provided leadership to the WHA project team since joining the firm in 1996 and continues to implement a comprehensive architectural and design approach that integrates functionality and client needs. He is active in professional affiliations and supports various local non-profit organizations including the Greater Chicago Food Depository.

John Gagliardo

Senior Vice President of Construction & Development

GNP REALTY PARTNERS

In less than six years, John Gagliardo’s passion for building and socially conscious

attitude has driven him from unpaid intern to Senior Vice President of Construction and

Development. Mr. Gagliardo is responsible for overseeing GNP’s project management,

construction and development activities within its commercial and residential portfolio as

well as seeking external development opportunities.

Mr. Gagliardo provides leadership amongst team members as project executive and

developer and serves as an intermediary with clients, architects, engineers, designers,

general contractors, and property managers on a day-to-day basis. In his current role,

he is leading a team of over 45-people on a $65 million redevelopment project in

Chicago.

Mr. Gagliardo holds a Bachelor of Arts degree in Corporate Communications with a

minor in Business Administration from Marquette University, and a Master of Business

Administration (MBA) in Business Management and Entrepreneurship from the Quinlan

School of Business at Loyola University Chicago.

Chad Richman

Moderator

Freeborn & Peters

Chad Richman is a Partner in the Real Estate Practice Group, and has significant experience in a broad range of real estate, finance, transactional, and general business matters.

Chad’s real estate practice includes acquisitions and dispositions, development, leasing, fund formation, venture structuring, and complex financing involving all types of real estate uses. Chad has specific expertise in secured loan purchases and sales, foreclosures, and workouts. Combining an extensive business asset transactional practice with commercial finance expertise and clever negotiation tactics leads to immediate positive client outcomes in an array of dealings.

Chad also regularly represents publicly and privately held companies on a wide spectrum of structuring and operational issues.

Prior to joining the Firm, Chad participated in the development of a mixed-use property in downtown Chicago, and also practiced at one of the largest law firms in the world. In addition, he served as a judicial extern to the Honorable Ronald A. Guzman in the U.S. District Court for the Northern District of Illinois

Summary

1) Given the demand for repurposed space with the allure of legacy is so strong, how are developers ensuring that historic buildings are modernized while preserving key characteristics?

2) What strategies have investors adopted to generate higher returns in their most successful redevelopment projects to date?

3) What kind of amenities do modern tenants want in turn-of-the-century buildings and how can you modernize buildings successfully?

4) In repositioning projects, what mix of tenants do Chicago’s notable developers see as the best outcome for a repositioning project?

5) From a construction perspective, how are innovative solutions enabling developers to do more with historic buildings than ever before?

Agenda

Time Activity
2:00 PM
2:45 PM
Mixed-Use Repositioning Projects

Outperforming Class-A Stock

2:45 PM
3:30 PM
Repositioning for Tomorrow

Exceeding User Experience Expectations

3:30 PM
4:00 PM
Post-Game Schmooze
12:30 PM
2:00 PM
Breakfast & Networking

30 More Minutes of Networking!!