Chicago, IL. (November 25, 2024) — Commercial real estate brokerage Greenstone Partners announces strong year, exceeding last year’s sales volume in Q3 2024 and has a dozen more deals set to close before year’s end.
“With interest rates, political uncertainty, and numerous other factors, this has been a challenging year in commercial real estate, and I’m proud of our team for their production in spite of the industry’s challenges,” said CEO & Managing Partner Danny Spitz. “Last year, we brokered 30 sales transactions, while year-to-date we’ve brokered 33.”
“Across the commercial real estate industry deal volume is down, but at Greenstone Partners we surpassed our full-year 2023 transaction volume at the beginning of Q3,” said Managing Partner Jason St. John. “In addition to increased transaction volume, our average sale value is also up 25% year-over-year.”
Top Greenstone Partners Transactions By Sale Value in 2024
- Jason St. John brokered a medical office building located at 1331 West 75th Street in Naperville, Illinois for $28 million.
- Jordan Multack and Danny Spitz brokered a multifamily property located at 1220 N. State Pkwy. in Chicago, Illinois for $25.7 million.
- Danny Spitz and Brewster Hague brokered a West Loop multi-tenant retail located at 901 W. Madison Street in Chicago, Illinois for $7.4 million.
- Jordan Multack brokered a multifamily property located at 2247 West Lawrence Avenue in Chicago, Illinois for $7.1 million.
- Danny Spitz and Brewster Hague brokered a multi-tenant retail property at 4066-4080 N. Milwaukee Avenue in Chicago, Illinois for $6.9 million.
“We’re excited about our strong pipeline of closings expected before the end of the year and the momentum carrying us into the new year,” said Spitz. “Our clients are at the heart of our success, trusting us to deliver unparalleled expertise and market insight.”