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leadership profiles:
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John
T. Murphy An expert in leasing, tenant representation, management, and development, Mr. Murphy has been on the Chicago real estate scene since 1989. As President of the Midwest Region, Mr. Murphy is responsible for sourcing corporate opportunities and advancing company initiatives. He currently acts in the capacity of principal and advisor to institutional partners/clients throughout the country. During his career, Mr. Murphy has been involved in all types of real estate transactions and developments. He is currently overseeing the high-profile Lincoln Park 2520, a 325-unit, three-tower, luxury condominium development in Chicago's Lincoln Park. He has also been involved in various equity syndications for the acquisition and repositioning of assets throughout the Midwest. Mr. Murphy serves as a key member and advisor to the leasing team at Citigroup Center, a 1.5 million square foot office tower located at 500 West Madison. He has recently been recognized for brokering high-profile properties such as the 155 North Wacker development site, as well as 200 West Jackson, a 29 story 485,000 rentable square foot office tower. Previously, Mr. Murphy was responsible for the leasing of 131 South Dearborn (Citadel Center), a 1.7 million square foot office tower development. His most notable transactions included Bank One (617,000 square feet), Citadel Investment Group (284,000 square feet), and Holland & Knight, LLP (144,000 square feet), bringing the property to a 71% occupancy level prior to opening. Preceding this, he was involved with several notable Central Business District properties. Mr. Murphy leased 200 North LaSalle (625,000 square feet) and 230 West Monroe (573,000 square feet) to 98% occupancy levels. He also redeveloped 29 East Madison and 343 South Dearborn for a new owner. Mr. Murphy has established enduring working relationships with several reputable companies such as the General Electric Pension Trust, American Medical Association, AON, Bank One, Effective Data, Inc., Lucent Technologies, Marsh & McLennan, and Wells Fargo Bank. Recognized as one of the leading real estate experts in the country, Mr. Murphy has been quoted in the Wall Street Journal, The Chicago Tribune, The Chicago Sun-Times, Crain's Chicago Business, and other real estate publications. His most recent awards include Real Estate Chicago magazine's 40 Under 40 list and the Illinois Real Estate Journal's Broker All Stars award. Mr. Murphy received his bachelor's degree from John Carroll University in Ohio. He is an active member of the Building Owners & Managers Association, the Urban Land Institute, and the Executive Club of Chicago. In addition to participating in various civic organizations, Mr. Murphy serves on the Executive Committee of the Boy Scouts of America and is co-chair of the Building with Books organization. |
