David R. Graff

David R. Graff

EVP & Managing Director Project Services


    During his 35-year career in real estate, David has completed more than $1.8 billion worth of development, redevelopment, tenant improvement, and acquisition and disposition projects. His vast experience extends across the commercial, healthcare, life sciences, cannabis, and residential sectors, and includes development, project management, construction, brokerage, acquisition/disposition, facility management, and architecture.

    David has directed MBRE’s Project Services division since 2005 and has completed 350+ projects valued at more than $1 billion. David leads the team of project managers and project executives to support our diverse clientele that includes life sciences, healthcare, cannabis, commercial, education and other project projects. His expertise includes all aspects ground-up development, adaptive re-use and interior construction. David and his team have been responsible for the development of more than $4 million worth of hospitals, medical office buildings, and ambulatory care facilities. Under David’s direction, the team is very active developing cannabis cultivation and processing centers in multiple states.

    David has overseen MBRE’s cannabis development and project management efforts since 2018. Successful projects include cultivation centers (indoor grow and greenhouse), manufacturing and production facilities and dispensaries. Projects span coast to coast across the United States.

    David was the founder of Keystone Real Estate Services, a firm specializing in owner representation and project management. The firm provided planning, design, entitlement, bidding, construction, move-in, and closeout services for commercial office tenants, residential/retail developers, lenders, private schools, and building owners. Prior to founding Keystone Real Estate Services, David held positions with The Walken Company as a senior vice president and Chicago design firm RMM, Inc. as a senior planner.


    • Bachelor of Environmental Design - Architecture/Environmental Design, University of Colorado at Boulder
    • Bachelor of Architectural Design, University of Illinois at Chicago

    • Licensed real estate broker in the state of Illinois
    • Certified as a LEED-accredited professional
    • Featured in Green Business Quarterly, GlobeSt., Wall Street Journal, Crain’s Chicago Business and Heartland Real Estate Business

    • The Cove School (Northbrook, Ill.)

    • Astellas HQ – 420,000 SF Headquarters
    • Medline Industries – 700,000 SF Headquarters
    • Coyote Logistics – 300,000 SF Multiple Projects including Headquarters
    • Astellas R&D – 130,000 SF Lab in NY
    • Astellas R&D - 55,000 SF Labs in San Diego, CA and Cambridge, MA
    • Astellas South American – 30,000 SF Office and QC Lab in Sao Paulo Brazil and Bogota Columbia
    • Astellas Lab & Manufacturing – 260,000 SF Lab and Manufacturing in Boston, MA Area
    • Astellas R&D and Manufacturing – 240,000 SF adaptive re-use
    • Universal Cells/ Astellas – 40K SF Design and Manufacture Facility for stem cell-based products
    • University of Colorado Health – 58,000 SF Micro-Hospital in Colorado Springs, CO
    • University of Chicago Ambulatory Care Center – 120,000 SF MOB
    • Chicago Jewish Day School – 62,000 SF Private School
    • Cove School – 50,000 SF Special Needs School
    • General Board Pension & Health Benefits – 110,000 SF Headquarters
    • Conyers Medical – 30,000 SF Medical Office Building in Atlanta, GA
    • RhinoDocs – 80,000 SF Record Storage & Distribution
    • Am Shalom – 60,000 SF Synagogue
    • Development of multiple cannabis cultivation and processing centers around the U.S.
    • Medline Industries – 260,000 SF Call Center in Dubuque, IA