Largest Nonresidential Property Managers
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20120507-NEWS--0015-NAT-CCI-CD_-- 5/3/2012 5:00 PM Page 1 May 7, 2012 CRAIN’S DETROIT BUSINESS Page 15 CRAIN'S LIST: LARGEST NONRESIDENTIAL PROPERTY MANAGERS By square feet under management in metro Detroit Total square feet Total square feet nonresidential nonresidential property under Total square feet property under management nonresidential Company management in outside metro property under Address metro Detroit Detroit management Rank Phone; website Top local executive(s) Jan. 2012/2011 Jan. 2012 Jan. 2012 Major properties under management Jones Lang LaSalle Inc. Ronald Gantner 28,807,000 79,245,000 108,052,000 General Motors, Whirlpool, Bank of America, Continental Automotive 600 Renaissance Center, Suite 1260, Detroit 48243 executive vice president 17,470,000 Systems, Beaumont Hospital 1. (313) 961-6650; www.jll.com Farbman Group/NAI Farbman Andrew Farbman 25,500,000 7,000,000 32,500,000 Bingham Office Center, New Center One, Fisher Building, Sheffield Office 28400 Northwestern Highway, fourth Floor, Southfield 48034 president and CEO 24,500,000 Park, Metro Commerce Center, Clark Street Technology Park, Oakland 2. (248) 353-0500; www.farbman.com Commons, 205 W. Randolph, 216 W. Jackson, 79 W. Monroe CBRE Group Inc. John Latessa 20,517,227 21,258,079 41,775,306 Renaissance Center, Lear, Dow Chemical, Volkswagen 2000 Town Center, Suite 500, Southfield 48075 managing director 16,992,219 3. (248) 353-5400; www.cbre.com Redico LLC Dale Watchowski 16,372,523 3,966,882 20,339,405 One Towne Square, Independence Marketplace, Waterside Marketplace, One Towne Square, Suite 1600, Southfield 48076 president, CEO, COO 11,545,686 Green Oak Village Place 4. (248) 827-1700; www.redico.com Ford Motor Land Development Corp. Donna Inch 13,236,922 0 13,236,922 Ford world headquarters, Regent Court, Corporate Crossings, Fairlane Plaza, 330 Town Center Drive, Suite 1100, Dearborn 48126 chairman and CEO 13,921,204 Fairlane Office Centre, Fairlane Business Park 5. (313) 323-3100; www.fordland.com Ashley Capital LLC Susan Harvey 13,125,000 4,000,000 17,125,000 Brownstown Business Center, Romulus Business Center, Livonia Corporate 2575 S. Haggerty Road, Suite 500, Canton Township 48111 senior vice president 13,000,000 Center 6. (734) 394-1900; www.ashleycapital.com Friedman Integrated Real Estate Solutions LLC David Friedman 11,101,545 5,219,687 16,321,232 Penobscot Building, Mars Corporate Center, Franklin Place, North Valley, 34975 W. 12 Mile Road, Farmington Hills 48331 president and CEO 11,381,217 Novi Research Park, Laurel Office Park I & III, Wilshire North & West, 7. (248) 324-2000; www.friedmanrealestate.com Pinnacle, Commerce Center, Forum at Gateways, Arborland Mall, Valley View, Bay Valley Grubb & Ellis Management Services Frederick Liesveld 9,833,763 6,274,477 16,108,240 PNC Center, General Motors, Earhart Corporate Center, Farmington Hills 26555 Evergreen, Suite 500, Southfield 48076 executive vice president, regional 10,237,659 Corporate Campus, Seven Mile Crossing, Victor Corporate Center, Allied 8. (248) 357-5756; www.grubb-ellis.com/detroit director of management services Commerce Center McKinley Inc. Albert M. Berriz 6,617,675 7,945,882 14,563,557 McKinley Towne Centre/Liberty Square, Northeast Corporate Center, Huron 320 N. Main St., Suite 200, Ann Arbor 48104 CEO 2,845,675 Village Shopping Center, Bridgewater Place, Crowne Pointe 9. (734) 769-8520; www.mckinley.com Albert L. Berriz vice president and managing director, residential real estate Signature Associates Inc., A Cushman & Steve Gordon 6,508,033 2,633,255 9,141,288 Automation Alley, Troy; 45000 Helm St., Plymouth; Dana Corp., 6938 Elm president 7,178,749 Valley, Kalamazoo; Fairfield Drive, Northwood, Ohio; Maple Research, Troy; Wakefield Alliance Member John Salsberry Civic Plaza, Southfield; First Center Office Plaza, Southfield; Four SeaGate, 10. 1 Towne Square, Suite 1200, Southfield 48076 director of property management Toledo, Ohio; Providence MOB, Novi; UnaSource; Majestic Plaza, Warren; (248) 948-9000; www.signatureassociates.com Airport Square, Toledo, Ohio; Knoll Crest Shopping Center, Port Clinton, Ohio Broder & Sachse Real Estate Services Inc. Richard Broder 6,371,201 675,825 7,047,026 Lyon Town Square, CTP Newco, South Flint Plaza, Logan Square, Burlington 260 E. Brown St., Suite 200, Birmingham 48009 CEO 6,208,846 Square 11. (248) 647-4100; www.brodersachse.com Ramco-Gershenson Properties Trust Dennis Gershenson 6,200,000 13,800,000 20,000,000 Tel-Twelve, Southfield; West Oaks I and II, Novi; Auburn Mile, Auburn Hills; 31500 Northwestern Highway, Suite 300, Farmington Hills president and CEO 6,200,000 Hunter's Square, Farmington Hills 12. 48334 (248) 350-9900; www.rgpt.com Taubman Centers Inc. Robert Taubman 4,861,000 22,040,000 26,901,000 Fairlane Town Center, Dearborn; The Mall at Partridge Creek, Clinton 200 E. Long Lake Road, Suite 300, Bloomfield Hills chairman, president and CEO 4,851,000 Township; Great Lakes Crossing Outlets, Auburn Hills; Twelve Oaks Mall, 13. 48304-2324 Novi (248) 258-6800; www.taubman.com First Industrial Realty Trust Inc. John Strabel 4,156,530 582,090 4,738,620 Airport Park, Romulus (658,578 sf); Rochester Hills Executive Park (297,711 23042 Commerce Drive, Farmington Hills 48335 regional director 4,965,726 sf); Farmington Freeway Industrial Park (227,709 sf) 14. (248) 357-4050; www.firstindustrial.com Thomas Civitanova operations director Kirco Management Services LLC A. Mathew Kiriluk II 3,980,758 2,189,671 6,170,429 Brewery Park, Columbia Center I and II, Oak Hollow, Baldwin Commons, 101 W. Big Beaver Road, Suite 200, Troy 48084 president 3,979,300 Village Lakes 15. (248) 680-7180; www.kirco.com Burton-Share Management Co. Peter Burton 3,320,796 560,072 3,880,868 Arboretum Office Park, Farmington Hills; Bingham Office Park, Bingham 30100 Telegraph Road, Suite 366, Bingham Farms 48025 president 3,507,348 Farms; 325 N. Old Woodward, Birmingham 16. (248) 647-8811; www.burton-katzman.com Nemer Property Group Inc. Larry Nemer 2,600,000 0 2,600,000 Galleria Officentre, Troy Place, Omni Officentre 26877 Northwestern Highway, Suite 101, Southfield 48033 president 2,600,000 17. (248) 352-2080 Hines Interests LP John Wood 2,568,000 120,000,000 122,568,000 Compuware world headquarters, Coleman A. Young Municipal Center, One Campus Martius, Detroit 48226 managing director 7,018,000 Detroit Public Safety headquarters, One Northwestern Plaza 18. (313) 568-5600; www.hines.com Pogoda Management Co. Maurice Pogoda 2,325,000 625,000 2,950,000 National Storage Centers 30301 Northwestern Highway, Suite 400, Farmington Hills president 2,385,000 19. 48334 (248) 855-9676; www.pogodaco.com Schostak Bros. & Co. Inc. Robert Schostak, co-CEO 2,290,941 1,726,219 4,017,160 Wonderland Village, Laurel Park Office, Maccabees Center, Shelby Corners, 17800 Laurel Park Drive North, Suite 200C, Livonia 48152 David Schostak, co-CEO 2,299,970 Northpointe Shopping Center 20. (248) 262-1000; www.schostak.com Mark Schostak, president and COO Blackstone Property Management Kimberly Heslep 2,153,804 0 2,153,804 Southfield Town Center of Michigan LLC property manager 2,153,804 21. 2000 Town Center, Suite 350, Southfield 48075 (248) 350-2222; southfieldtowncenter.com Bedrock Real Estate Services LLC Jim Ketai 2,030,566 0 2,030,566 First National Building, Chase Tower, Madison Building, Dime Building, 1092 Woodward Ave., Detroit 48226 managing partner NA 1500 Woodward Ave., 1520 Woodward Ave., 1528 Woodward Ave., 22. (888) 300-9833; http://bedrockmgt.com Dan Gilbert 1550 Woodward Ave., 160 Fort St. partner A property manager oversees all financial, administrative, contractual, maintenance and daily operations for the interior and exterior of properties. This list is an approximate compilation of the largest such companies in Wayne, Oakland, Macomb, Washtenaw and Livingston counties. Companies with headquarters in the Detroit area are listed with their total property under management. Companies outside the area are ranked by property managed by their Detroit offices only. This is not a complete list but the most comprehensive available. Unless otherwise noted, information was provided by the companies. NA = not available. LIST RESEARCHED BY BRIANNA REILLY.