You’ll never look at the Chicago skyline the same again… Gamma Zeta’s impact on the Chicagoland real estate scene!!

real estateEric Handley ’97 prompted the idea for a compilation of “Gamma Zeta impact on the Chicago Real Estate Scene” when he posted a link to an article about a project that he and his firm, William A. Randolph, Inc. built in Hyde Park called Harper Court (they built the hotel and LA Fitness). Bill Barry ’77 provided a graphic illustrating the buildings in the loop that he has financed as EVP of Draper and Kramer. I had visions of filling in that graphic with a blue and gold “Tau” on each of the buildings in Chicago that Gamma Zeta’s had touched as a developer, owner, contractor, engineer, lawyer on the deal, manager or some other influence. However, there was just too much. You could easily just paint the whole city gold and blue. Here is just a sampling of Chicagoland real estate activities impacted by Gamma Zetas. I’m sure this is just the tip of the iceberg!!

  • Robert E. Vogele ’50 created the original plan for marketing and leasing One IBM Plaza in 1969 that was extremely successful
  • Steve Stratton ’73 leads Jones Lang LaSalle’s Chicago Tenant Rep Business and was broker on NAIOP’s Downtown Office Lease Transaction of the Year 8 times in past 11 years for clients like UBS, United Airlines, Kirkland & Ellis, CBS, Wells Fargo and William Blair.
  • Gerry Kostelny ’75, founder and CEO of InSite Real Estate, a national owner, developer, and operator of commercial investment real estate, developed 311 S. Wacker Drive and much more
  • Bob Cavoto ’75 firm 20-20 Foresight Executive Search & Executive Marketing is largely focused on placing real estate executives
  • Greg Scott ’76, Director, Account Operations for CBRE, Inc., the world’s largest commercial real estate company has managed outsourcing relationships with McDonald’s Corporation, Marathon Oil, Allstate Insurance, Motorola Solutions and Baxter Healthcare. These accounts have included Transactions, Occupancy Planning, Project Management and Facilities Management. Currently, his work on the Motorola Solutions account includes 106 sites in nine countries. Greg also acquires and manages apartment buildings on the City’s northwest side.
  • Bill “BB” Barry ’77, Executive VP of Draper and Kramer financed the loop buildings in the attached graphic, some multiple times.
  • Tom Tunney ’77, Alderman of the 44th Ward has had an undeniable influence on Lakeview and Wrigleyville areas as an investor, restaurant owner, developer and now alderman
  • Cary McMillan ’80 was on the business committee that oversaw the development of Millennium Park and is on its board of trustees
  • Paul Lundstedt ’82 Executive Vice President, CBRE Capital Markets is one of the top investment brokers in the city. Throughout his career, Paul has arranged the sale of more than $10 billion of investment real estate totaling 70 million square feet, focusing primarily on office assets (46 million square feet valued at $7.1 billion in the Chicago CBD and Suburban markets). This year listed and sold the John Hancock Building.
  • William R. Rolander, Jr ’82, Principal at The John Buck Company, has led leasing efforts on most all of JBC’s Fund acquisitions in Chicago’s CBD and Suburbs as well as international assignments
  • Mark Daniel ’90, owner Daniel Law Office, as attorney for Oakbrook Terrace, had his hand in the ComEd HQ, Oak Brook Tower, and parts of the north side of 22nd street. Did work as the attorney for Westmont on the Microcenter site and a few other projects, worked some of the Cog Hill modifications a few years back as attorney for the Jemsek family and has been involved in zoning hearings or in court for the following projects: Joiet Shores (planned 300 acre lifestyle and HQ development) in Joliet; Freedom Commons in Naperville; Home Depot in Downers Grove; the Taiwanese consulate offices in Westmont; churches, temples and mosques in DuPage; Courthouse Square in Wheaton; Wheaton 121 apartments. Has represented the girl scouts in planning Camp Greene Wood in Lisle, Giordano’s (Oakbrook Terrace), Libman Broom (Arcola), and hotel developers in Nauvoo, IL and been involved in many other smaller cases.
  • Matt Menna ’93 is an owner of the Four Corners Tavern group which manages and owns taverns and restaurants throughout the city that many of us enjoy
  • David Krug ’95, Partner, McHugh Homes, Developed and built residential and mixed-use condominiums with a market value of over $100 million dollars in the past several years. Completed general contracting projects for clients including Loyola University Chicago, Newcastle Development, and several independent home owners, Built, designed, own, manage, and operate Andersonville Guesthouse in Chicago. Andersonville Guesthouse is a ten-unit boutique extended stay boutique hotel in the Andersonville neighborhood (expanding to 25-units by spring of 2014) Co-owner and Manager of over 50 residential and commercial units located in Chicago.
  • Andrew Kern ’98, Principal Wallace engineering, Structural Consultants, Inc. performed structural engineering services for the following buildings in Chicago from 2000 to 2006 – Soldier Field Renovation, 36 S. State Renovation, Kingsbury on the Park: 653 N. Kingsbury, Erie on the Park: 510 W. Erie Street, Fullerton Residences: 1237 W. Fullerton, Rauner YMCA: 2700 S. Western Ave, Block 37: 108 N. State St,
  • Ben Warriner ‘00, Vice President of Construction, Morgan / Harbour Construction LLC, has been involved in over 24 project in the last six years in Chicagoland with a value of over $100 million dollars for companies like New York Life, Hub Group and International Paper.
  • Scott McNaughton ‘00 President- Scott McNaughton Development Group, Inc. & Principal- Tartan Builders, Inc.and Ryan McNaughton ’02, President at Ryan McNaughton Holdings, LLC & Principal at Tartan Builders, Inc. have completed or are working on are as follows 217 Jefferson, 5th Floor: 10,000 Tenant Buildout for R/GA a large marketing company, 2424 N Ashland: 3 unit mixed use development,2932 N Seeley: Custom Single Family Home, 4942 N Hamilton: Custom Single Family Home, 1957 W Dickens: Day Care Buildout, Over 40 buildings in city where we have acted as court appointed receiver Currently renovating 2 luxury condominiums in 200 E Delaware, Own and operate various apartment buildings throughout Chicago’s Southside
  • David Moore ’01, Director of Hines – Chicago development projects include Wolf Point (500 residential apartment tower in partnership with the Kennedy family) and a spec Class A office project on Madison and Desplaines in the West Loop.
  • Matt Katsaros ’02, is currently the Director of Acquisitions for Pangea Properties. Pangea Properties is a huge REIT that started about 3-4 years ago and already owns about 5000 units
  • Phillip N. Coover ’04, Schenk Annes Tepper Campbell a commercial real estate attorney that represents the largest retail commercial property management company in Illinois
  • John Barrett ’04.5, Barrett Homes, and his brother are residential builders on the north side of Chicago. Here are links to a couple of their projects – and
  • Robert Walters ’05, started his career working for Gerry Kostelny ‘75 but opened up his own real estate development group, Quattro Development, about 4-5 years ago
  • Anthony Mak ’09, JK Equities, LLC has been working heavily on a residential development project in the south loop at 21st and Indiana. It was an old timber loft battery factory that supported motor row that we have converted into 59 rental units and 3 commercial spaces. Here are a couple links to information on Anthony’s projects – and,0,1520704.story

We’ve created a Linkedin “Subgroup” for Gamma Zeta Real Estate/Construction/Architecture and most of these guys are members. If you would like to join the group or need any kind of real estate related support this is the first place you should look –

Posted in ATO Alumni News.

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