PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Announces PromotionsOctober 10, 2018
Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”), a boutique brokerage firm providing sales, acquisition and 1031 exchange services announced the promotions of Paul Montes and Eric Spiess to Senior Vice Presidents.
While continuing core activities in the $1 million to $10 million range, which is where 86 percent of Inland Commercial Brokerage’s commercial transactions occur, the duo is prioritizing “off-market” brokerage over traditional list/sell models.
The wide range in value and complexity of their successful “off-market” sales include Huntington Condominiums, located in Naperville, Illinois, and Stonegate Apartments, located in Glendale Heights, Illinois, which combined totaled 900 units and sold for more than $73 million. Additionally, Montes and Spiess conducted the market sale of the 10,227-square-foot Flagg Creek Shopping Center, located in Indian Head Park, Illinois, for $2.1 million.
“Today’s marketplace continues to be increasingly sophisticated and the analysis tools available create so much more transparency than even a few years ago,” said Spiess. “Clients value our skills in sourcing acquisitions and quietly selling assets.”
“Paul and Eric provide a combined 24 years of experience to Inland Commercial Brokerage,” commented Jonathan J. Stein, president of Inland Commercial Brokerage. “Their integrity and expertise is evident by their track record of results and they continue to be invaluable to our team as Inland continues to grow its brokerage business.”
About Inland Real Estate Commercial Brokerage, Inc.
Inland Real Estate Commercial Brokerage, Inc. is a boutique brokerage firm providing real estate solutions for sales and exchanges for private, public and institutional owners/managers of commercial investment real estate. Throughout Inland’s history, its brokerage entities have closed on more than $1.3 billion including 8,700 multifamily apartments and 140 million square feet of commercial real estate. For more information, please visit www.inlandbrokerage.com.