Podolsky|Circle Named to Manage 400 Skokie Boulevard in Northbrook
Podolsky|Circle CORFAC International Named to Manage 400 Skokie Boulevard in Northbrook;
Syndicated Equities Taps Firm’s “Owner Focus, Entrepreneurial Spirit”
Podolsky|Circle COREFAC International has been named property manager of 400 Skokie Boulevard, the office building located at 400 Skokie Boulevard in Northbrook, Illinois. The 400 Skokie Boulevard building is an eight-story, 195,101 square-foot office building located on Skokie Boulevard, between Dundee and Lake Cook Roads.
As part of its responsibilities for the building ownership group that is now being led by Syndicated Equities Group, Podolsky|Circle is overseeing a series of capital and tenant improvement projects. Podolsky|Circle’s new assignment began on May 1, 2016.
According to Alissa Adler, Managing Principal, Podolsky|Circle, the owners sought a detail-oriented, entrepreneurial firm that could bring an owner’s perspective to the day-to-day management and capital improvement functions.
“We’ve continued to expand our capabilities in order to provide a full suite of high-quality professional services while maintaining a bottom line mindset,” Adler said. “This is a great opportunity for the Podolsky|Circle platform that has been representing the owners of Class A properties from the northern suburbs to the east-west corridor for decades.”
“In our experience, Podolsky|Circle has the expertise and resources of a national firm, enhanced by the thoughtful focus and dedication that you typically only find in owner-operators,” said René Ristau, Vice President, Syndicated Equities Group. “In their first 30 days on-site, Podolsky/Circle improved communications, conducted detailed analysis, and identified new cost-savings opportunities at the property.”
Melissa Podolsky, who oversees the day-to-day property management operations for Podolsky|Circle, said that the firm has continually invested in state-of-the-art accounting and property management programs and systems that will ensure smooth and orderly transitions.
“We will continue to sharpen our pencils to find great service at lower prices on behalf of Syndicated Equities,” Podolsky said. “It is our goal to save the building money while improving tenant comfort. Additionally, with an active re-leasing program, there are expected to be a number of tenant improvement projects that we can value-engineer.”