Gary Lundgren

Principal

Email:  GLundgren@ctkcp.com

Office:  (847) 699-2159

Mobile:  (847) 274-9702

 

Background

Following graduation from Northeastern Illinois University, Mr. Lundgren worked as a real estate consultant for various national corporations, fulfilling their various real estate needs and providing Mr. Lundgren with excellent exposure to real estate economics.

In 1983, Mr. Lundgren joined Rubloff, Inc., and through 1989 worked as a senior commercial real estate broker specializing in representing corporations in the construction, lease or acquisition of office facilities and building representation in the leasing of office space.

From November of 1989 to July of 1996, Mr. Lundgren was a Senior Vice President with Mesirow Realty Brokerage, a division of Mesirow Financial.  He provided commercial real estate brokerage and consulting services to corporations and various institutions in the leasing, sale and build-to-suit realm of industrial and office real estate.

Since June, 1997, he continues to provide extensive real estate services to major corporations nationwide as the Executive Managing Director and Principal of GVA Chicago, as well as being an active retail/office developer.

In 2011, GVA Chicago was merged with Camins Tomasz Kritt and Gary remains a principal in the new, larger firm of CTK Chicago Partners.

Expertise  

Gary completed over 10.5 million sq. ft. of office and industrial transactions and provided numerous real estate services including the following:

Existing lease re-negotiations, market surveys and relocation alternative analysis encompassing multiple states

Extensive financial analysis, including present value of net operating costs and total costs over the entire term for different lease/own scenarios.

Lease terms, conditions analysis and space planning design/construction analysis.

Finalized letter of intent, lease documents, construction contracts and provided construction monitoring of leasehold improvements to insure timely occupancy

Detailed unit price analysis of leasehold construction costs including bidding of construction contracts and fee structure of developer and general contractor

Zoning changes and village approvals for Planned Unit Developments

Full analysis as to economic feasibility of a build-to-suit for major office/manufacturing facilities, comparing lease vs. ownership scenarios and build-to-suit feasibility/costs/timing and site selection.

Construction project management services

Negotiations with state, county, and city officials for incentives i.e. training funds, infrastructure grants, tax abatements, etc. for major multi-state facility analysis.

Property acquisition and disposition; and retail and office development