Kevin M. Purcell

Kevin M. Purcell

President Leasing & Management Services

  • BIOGRAPHY

    For the past 25 years, Kevin has been active in all facets of commercial real estate, including asset management, development, construction, workouts and leasing. Under his leadership MB Real Estate’s asset management portfolio now exceeds 25 million square feet across the country. Kevin has worked closely with clients such as Beacon Capital Partners, GE Asset Management, The Chetrit Group, Wirtz Realty Corporation, and AREA Property Partners.

    Currently President of Leasing and Management Services, Kevin is responsible for business lines which include asset management, agency leasing, construction management and accounting. In his prior roles, Kevin oversaw the $125 million repositioning and redevelopment of a vintage property portfolio in downtown Chicago in which he directed all leasing efforts. As a result of Kevin’s management, the occupancy levels of the portfolio rose from 20% to 92%. He also secured Class L real estate tax status for several of the properties. In total, Kevin has overseen over $250 million in repositioning and redevelopment projects.

    Kevin is also currently spearheading an initiative among building owners and investors in the Central Loop submarket of Chicago to re-energize the office market. With over 3 million square feet of tenants leaving the Central Loop submarket, Kevin’s leadership has been documented and recognized by the Chicago Tribune, Crain's Chicago Business, and Real Deal.

    Kevin sits on the board of directors of BOMA Chicago, the University of Chicago Medical Center, and numerous civic organizations. He is also a 2014 Fellow of Leadership Greater Chicago.

  • EDUCATION

    • Bachelor of Science - Accounting, DePaul University 
     
  • ACHIEVEMENTS

    • Licensed real estate broker in the State of Illinois
    • Named to Leadership Greater Chicago's Fellows Class 2014
  • ACTIVE INVOLVEMENT

    • Board of Directors for Building Owners & Managers Association (BOMA/Chicago)
    • Board of Directors, Ingalls Memorial Hospital
    • Board of Directors for Consolidated School District 230 (Building and Finance Committee)
    • Owner of a senior citizens care facility in Homewood, Illinois
    • Board of Trustees for University of Chicago Medical Center 
  • CLIENT SAMPLING

    • The Chetrit Group
    • City of Chicago
    • Credit Suisse First Boston
    • GE Asset Management
    • Loeb Partners Realty
    • TMW Limited Partnership
TEAM MEMBERS