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Home / News / Grubb and Ellis promotes several to executive vice president
MONDAY, JUNE 08, 2009
by Illinois Real Estate Journal ReportsChicagoGrubb & Ellis Company has announced that John Gavin, Jim Kerrigan, Paul Lundstedt, Vineet Sahgal, Jay Stewart, Sven Sykes, Tom Tunnicliff and Tom Volini have been promoted to executive vice president from senior vice president. Lundstedt and Gavin, comprising one of the leading institutional investment teams in the Chicago area, joined Grubb & Ellis' Institutional Capital Markets group in February of 2009 from Cushman & Wakefield, where they served as executive directors in the Capital Markets Group. Lundstedt and Gavin have participated in major disposition and recapitalization projects with a total value in excess of $15 billion and $10 billion, respectively. Kerrigan joined Grubb & Ellis in September of 2008 to lead the company's National Data Center practice group. Previously, he was a principal with Staubach and then Jones Lang LaSalle, where he represented clients such as DuPont Fabros, Equinix and SAVVIS Inc. Kerrigan is a member of the data center organization 7x24 Exchange International, the Chicago Office Leasing Brokers Association, and is a director on the University of Illinois Real Estate Forum. Sahgal, who joined Grubb & Ellis in 2005, represents a number of national tenants in multiple markets, including Careerbuilder.com, for which he negotiated the lease for the company's 150,000-square-foot downtown Chicago headquarters in 2008. Previously, he was senior vice president of the Corporate Advisory/Tenant Representation practice at Jones Lang LaSalle, where was elected to the Jones Lang LaSalle Club recognizing the top five percent of the firm's officers. Sahgal has transacted more than 6 million square feet of lease transactions in his career and has been consistently recognized at Grubb & Ellis Company's Circle of Excellence. Stewart and Tunnicliff, who joined Grubb & Ellis in 2007, are one of the most successful tenant representation teams in the metropolitan Chicago area. Representative clients include Harley-Davidson Financial Services, Inc., Environ International, Forsythe Solutions Group, Inc., Summit Marketing, Stifel, Nicolaus & Company, Incorporated, Wells Fargo and Xchanging, Inc. Previously, Stewart and Tunnicliff were executive vice presidents with Trammel Crow Company, and principals and managing directors at the John Buck Company. Sykes, a director in the company's Tenant Advisory Group, represents clients on a national basis including Hallmark Corporation, NAVTEQ and HNTB. Over the course of his 24-year career, he has completed more than 800 office leasing assignments totaling more than 18 million square feet. Prior to joining Grubb & Ellis in 2003, Sykes was an executive director of Insignia/ESG's Chicago office. More Articles
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