JLL has expanded its Chicago presence by bringing on a senior advisory team from CBRE, including Vice Chairmen Kyle Kamin and Dan Lyne, Executive Vice President Jon Milonas, Senior Vice Presidents Brandon Green and Abigail McFadyen, and Director of Transactions Joe Davis. The group is described as one of the country’s most accomplished office, life sciences and R&D advisory practices, with a track record of more than 75 million square feet of transactions valued at over $50 billion for occupiers, developers and institutional investors.
In a separate leadership move, Sherman Associates has named Kyle Burkett as Chief Operating Officer and transitioned Richard Kiemen to Chief Development Officer. The company stated that the changes are intended to strengthen its leadership team for the next phase of growth and long-term success. Burkett will oversee Sherman’s multifamily, hospitality, retail and commercial operations, along with accounting, asset management and marketing, and will work closely with the executive leadership team to advance operational performance and strategic growth initiatives.
Baird & Warner announced the appointment of Sarah Casalan as chief operating officer, adding to the firm’s expanding senior leadership bench. Casalan will guide operational strategy and implementation across the company. She joins Baird & Warner with extensive executive leadership experience, most recently serving as president of The UPS Store, Inc., where she led a $4 billion organization with more than 5,500 locations and 3,900 franchise owners across North America.
Lee & Associates of Illinois reported that Tony Russo has been promoted from Executive Vice President to Principal. With more than 25 years in commercial real estate, Russo has been credited with helping launch and grow the firm’s office practice since joining in 2020. He began his career concentrating on the I-88 and East-West Corridor, building deep market knowledge and client relationships, and has since expanded his focus to the I-90 Northwest Suburbs to broaden the firm’s regional footprint.
JLL also created a new senior role at the U.S. level, appointing Mark Gibson as Country CEO, U.S. In this position, Gibson will lead a U.S. Executive Committee tasked with ensuring clients access the full range of JLL’s capabilities. The firm further announced that Kevin MacKenzie will assume the role of CEO, Capital Markets, Americas when Gibson fully transitions to his new position in 2027. Gibson, who has served as CEO of Capital Markets Americas for seven years, will remain in that role through the end of 2026 to support a smooth transition.
On the development front, Noah Properties and Daniel Management Group (DMG), a Chicago-based multifamily investment and management firm, have opened 945 Nanusha Residences in Buffalo Grove, Illinois. The new property includes more than 220 units and 12 floor plans. Noah Properties and DMG have collaborated for four years, and DMG currently manages nearly 900 units for Noah Properties.
