Principal John R. Homsher, CCIM
John Homsher, CCIM, has been with Podolsky|Circle CORFAC International since 1989, and a principal since 1997. He began his career in commercial real estate in 1985, working as an office broker in Dallas, Texas. John currently focuses on investment advisory services, handling investment transactions for Podolsky|Circle clients, focusing on financial analysis, marketing and contract negotiations for institutional and entrepreneurial-owned investment property. He is also involved in office tenant representation.
During his career, John has represented institutional and entrepreneurial owners in the sale and leasing of office and industrial properties. He has also served corporate and institutional investors in the acquisition and disposition of investment grade properties and owner-occupied facilities. John has successfully represented landlords in project leasing on single assets and portfolios of office properties. He also skillfully negotiates on behalf of office users as a tenant representative. John has completed approximately 4 million square feet in office and industrial investment sales transactions valued at over $200,000,000 in the past several years.
As part of a two person leasing team, John leased more than 200,000 square feet of Class “A” space in a four-building portfolio containing 425,000 square feet of space. This represented an increase in occupancy from 30% to 80% in an 18-month period and was even more noteworthy as it was a recessionary market with average vacancy rates in the 30% – 35% range.
Most recently, John has been working as part of Podolsky’s Investment Sales Team to successfully complete the comprehensive marketing, leasing, and sale of various receivership/REO properties.
John has represented such notable firms as:
- Beacon Properties Corporation
- Equitable Life
- FirstMerit Bank
- GE Capital
- MB Financial
- Old Second National Bank
- Prime Group Realty Trust
- Property Capital Trust
- Richco Inc.
- Sun Life Assurance Company of Canada
- U.S. Steel and Carnegie Pension Fund