Chicago-based Golub & Co. announced that it is looking to expand its U.S. presence by establishing a second corporate location. The international real estate investment and development firm will open a regional office space in Denver, where operations will focus on acquisitions of office and multifamily property across Colorado and the Western United States.
Denver-based operations will be spearheaded by Laura Newman, third-generation member of the Golub family business, formerly involved with capital projects, major renovations, and energy initiatives as part of the firm’s Commercial Leasing group and Property Management team. Newman stated that “Denver is a vibrant and thriving city, and the ideal place from which to continue to grow our business across the West.”
Michael Newman, principal and CEO of Golub & Co., stated: “We’ve seen tremendous growth across the Rocky Mountains and areas west over the past two decades and believe the fundamentals will stay strong long-term. Establishing an on-the-ground presence in Denver will allow us to acquire and operate both value-add opportunities and core-plus properties that will expand our portfolio in the Western Region.”
Golub & Co.’s current portfolio includes over 60 properties that are owned, managed, and/or developed by the company. Most U.S. assets are located in Chicago, such as the Tribune Tower, 300 South Wacker, and the company’s headquarters at 625 North Michigan Ave. The robust Golub U.S. portfolio also features retail, office, multifamily, and mixed-use properties in West Palm Beach, San Francisco, Minneapolis, Saint Louis, Tempe, Scottsdale, and Indianapolis.
The company’s international activity includes acquisition, development and management of commercial and residential property in Central Europe, namely in Poland, Slovakia, Bulgaria, and the Czech Republic.
Properties featured in the Golub&Co. U.S. office portfolio. Images courtesy of Yardi Matrix.
Last modified: June 7, 2018