GlenStar Properties is a Chicago-based commercial real estate company specializing in
development, investment, leasing and management of institutional quality properties.
Over the past decade, GlenStar Properties has acquired an impressive portfolio of high-profile properties as well as developed office, retail, residential and medical-building assets.
Founded by three of Chicago's leading real estate executives, GlenStar Properties brings a well-honed ownership perspective to all of its properties and services. GlenStar has built on this solid foundation and the company is now recognized as a top provider of development and related commercial real estate services.
With strong market intelligence, broad industry experience and the hands-on involvement of its principals, GlenStar is synonymous with exemplary commercial real estate performance.
GlenStar brings a well-honed ownership perspective to bear when selecting real estate investments. Through extensive evaluation of each asset in its market context, GlenStar creates a strategic plan that includes alternative value-creation options for enhancing or repositioning a property in anticipation of its ultimate disposition.
Whether as principal or on an advisory basis, GlenStar is an accomplished provider of development services for complex projects of varying sizes. With a keen understanding of the market coupled with an owner's perspective, GlenStar brings a mature and thoughtful approach that is both efficient and detail-oriented. For new construction or the re-development of an existing asset, ongoing value engineering efforts ensure that all development goals are achieved on time and within budget.
With a thorough understanding of the market, GlenStar professionals bring extensive knowledge and experience to the leasing and sale of property, resulting in countless successful transactions. This experience gives GlenStar strong market insight and the unusual ability to quickly identify the right prospective tenants and buyers. GlenStar's efforts are directed at creating solutions that differentiate its properties and are always guided by the perspective of ownership, enabling them to achieve value-added results with each assignment.
For any property to achieve its investors' expectations, it must be aggressively managed. Consistant and thorough property maintenance, excellent tenant relations and a long-term capital improvement program are keys to maximizing property value and lessening risk. GlenStar assesses tenant needs and expectations and then sets realistic goals for developing service and property upgrades that will promote tenant retention, enhance operational efficiencies and increase property value. Monthly and annual reporting allows for continuous monitoring of each program's effectiveness, with ongoing adjustments made as necessary. The results are superior tenant satisfaction ratings, excellent retention rates and higher rents.
Larry is a co-founder of GlenStar Properties. He leads the firm's development and construction activities throughout the U.S. A 30-year industry veteran, he also serves on the firm’s investment committee.
Rand is a co-founder of GlenStar Properties. He leads the firm’s asset management business. Further, Mr. Diamond shares responsibility for acquisitions, dispositions and project financing and serves on the investment committee.
Michael is a co-founder of GlenStar Properties. He leads the firm's acquisition, disposition and project financing efforts throughout the U.S. In addition, Mr. Klein shares responsibility for the firm’s asset management business and serves on the investment committee.
Christian, a 20-year industry veteran, leads downtown Chicago leasing efforts for GlenStar Properties, which includes two of the city’s largest properties: 55 East Monroe and the Chicago Board of Trade Building.
Matt, a 12-year veteran in acquisitions and asset management, recently opened a GlenStar office in Dallas, Texas and has responsibility for the company’s expansion in the southwest.
Dave, a 30-year industry veteran, oversees suburban Chicago leasing for GlenStar Properties, including Continental Towers, President’s Plaza, 2400 Cabot Drive and Bannockburn Lakes.
Michael has over 20-years experience in all aspects of property operations. He currently manages GlenStar's largest asset, 55 E. Monroe and provides support to the entire asset management team.