Randy D. Podolsky
Executive Vice President

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Randy Podolsky


847.444.5788 | LINKEDIN


CORFAC International

Founder of predecessor to NICAR

Association of Industrial Real Estate Brokers

Civic Involvement

U.S. Coast Guard Auxiliary

Waukegan Port Authority
Secretary, Real Estate Consultant

Randy D. Podolsky has served the entrepreneurial, corporate, institutional and Not-For-Profit clients of Podolsky Circle CORFAC International for over 40 years, and served as Managing Principal of the firm from 1986 to 2015. In his current role, Randy provides personalized transaction and contract negotiation and advisory services to financial institutions, users, owners and Not-For-Profits for all facets of commercial real estate. Strategizing and executing complex real estate and debt transaction solutions is his passion. Mr. Podolsky serves as a Board Member and Real Estate Consultant for the Waukegan Port District, which owns and operates Waukegan Harbor & Marina, the Port of Waukegan and Waukegan National Airport.  Since 2012, Randy has orchestrated the District’s bond refinance, increased the value of its real estate and derived income, spearheaded adoption of the Harbor Master Plan, and, most notably, negotiated the agreements for the District’s first marina use development by a private party in over 4 decades.

One of Randy’s proudest professional accomplishments is his history of assisting Not-For-Profit clients with real estate planning and execution.  Recently he represented Roycemore School and Evanston Art Center with their respective site selection, relocation, renovation and debt placement needs. Additionally, he is a volunteer member of the U.S. Coast Guard Auxiliary since 1991 and served as the elected District Commodore (DCO) of the Ninth Western Region in 2009-2010.

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, including debt placement of over $150,000,000.

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.  His real estate investment fund has returned clients 18-21% IRRs on fully cycled assets.

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.

Transaction History and References are available upon request.