Randy D Podolsky

Podolsky Circle/CORFAC International
1700 W Higgins Rd
Des Plaines, IL 60018
USA
www.podolsky.com

Principal
847-444-5788
847-444-5701 (fax)
rdp@podolsky.com

Bio
For over 40 years, Randy D. Podolsky has served the entrepreneurial, corporate, institutional and Not-For-Profit clients of Podolsky Circle CORFAC International. During those years, Randy served as Managing Principal of the firm from 1986 through 2015. As a Principal of the Des Plaines, Illinois based firm, Randy provides personalized transaction and contract negotiation and advisory services to financial institutions, users, owners and Not-For-Profits for all facets of industrial, office and investment real estate. Strategizing and executing complex real estate transactions is his passion. Randy orchestrated the acquisition, redevelopment and subsequent sale of the $40 million, 283,000 square foot Concourse Office Plaza in Skokie, Illinois for a private investment group. In 44 months, the Podolsky Circle team repositioned and sold the asset, more than doubling investor equity. In 2005, Randy recognized increased overspending on commercial real estate and, anticipating a near-term bubble burst, advised nearly 100 investors to divest of their commercial real estate holdings. Between November 2006 and April 2007, after considerable financial modeling and valuations, Randy lead Podolsky Circle’s investment advisory team which packaged and sold the properties, including an approximate 2 million square foot, 23-property industrial portfolio. The key to that sale was the vision of amassing the properties, owned by a myriad of diverse investor groups, under a single sale contract. Randy leads the firms Development Team, which has completed numerous development and redevelopment projects, including Riverwoods Corporate Center, a 2-story Class A office complex in Chicago’s North Suburbs; the 1.2 million square foot Westbrook Corporate Center in the Oakbrook market, and numerous other office and industrial developments from northern Indiana to Southern Wisconsin. One of Randy’s proudest accomplishments is his history of assisting Not-For-Profit clients with real estate planning and execution. Most recently he represented Roycemore School and Evanston Art Center with their respective site selection, relocation, renovation and debt placement needs. Additionally he is a Board Member of the Waukegan Port District, advising the Chair concerning the District’s extensive harbor and airport real estate assets. Randy is the Managing Principal of CP Highlands Fund, an investment group specializing in value-add office and industrial acquisitions and sale-leasebacks across the country. Performance returns on fully cycled assets equal 18-21% IRRs. In addition to his day job, Randy is a Commodore in the U.S. Department of Homeland Security, U.S. Coast Guard Auxiliary as well as a Board Member of the Waukegan Port District. Transaction History and References available upon request.

Specializations/Groups: Administration/Operations, Marketing, Principals

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Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 47 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.0 billion in 2017.