Business Details
Commercial Real Estate Investment Solutions in Lombard, IL
Founded over three decades ago, our firm has established itself as a leader in commercial real estate investment and development. With a portfolio exceeding 8 million square feet across industrial, office, residential, and land assets, we leverage over 125 combined years of professional expertise to deliver value-add opportunities. Our strategic approach focuses on low-cost acquisitions, asset repositioning, and long-term partnerships with investors, lenders, and community stakeholders. Through a commitment to market intelligence and tenant relationships, we maintain a 95% retention rate while revitalizing underperforming properties nationwide.Our team's deep industry knowledge spans acquisition, financing, construction management, and asset optimization, ensuring tailored solutions for every project. Backed by a track record of successful developmentsfrom student housing to Class A industrial facilitieswe prioritize innovation and sustainability in every investment decision. Headquartered in Lombard, Illinois, we operate nationally with a focus on creating lasting value for clients and communities alike.
Services
Asset Management
Commercial Construction
Real Estate Development
Investment Strategy
Leasing Services
Property Management
Sale-Leaseback Transactions
Tenant Improvement Projects
Ground-Up Development
Portfolio Expansion
Highlights and features
- We offer 35+ years of experience in commercial real estate investment and development.
- Our team manages over $700 million in assets across 12 states.
- We maintain a 95% tenant retention rate through partnership-driven management.
- Our value-add approach targets underperforming assets for strategic revitalization.
- We execute complex transactions through established relationships with lenders and brokers.
Services
Asset Management
Our asset management team combines 125+ years of industry experience with real-time market analysis to optimize investment performance. We maintain a 95% tenant retention rate through proactive property upgrades and partnership-driven management strategies. Our approach ensures long-term value creation across industrial, office, and residential portfolios nationwide.
Real Estate Development
We specialize in transforming underperforming assets through strategic development initiatives. Our process includes site evaluation, incentive negotiation, and construction management to deliver revitalized properties. With expertise in mixed-use developments and commercial lifestyle centers, we create sustainable solutions that benefit investors and local communities equally.
Investment Strategy
Our investment approach targets low-cost basis acquisitions for repositioning across industrial, land, office, and residential sectors. We execute transactions through diverse structures including sale-leasebacks, partnerships, and note purchases. This flexible strategy has grown our portfolio to 8 million square feet valued at over $700 million.
Commercial Construction
From tenant improvements to multi-million-dollar build-to-suit projects, our construction division delivers quality results on schedule and within budget. We employ value engineering throughout the process while maintaining strict quality control standards. Our team manages all aspects from design through occupancy for lasting commercial solutions.
Leasing Services
Our brokerage team leverages decades of market knowledge to execute complex lease negotiations nationwide. We provide customized solutions for each transaction while maintaining a 95% retention rate through ongoing tenant partnerships. Our expertise spans industrial parks, office complexes, and residential developments across multiple states.
People
James P. Avgeris
President
With over 50 years of industry experience, James founded Avgeris & Associates in 1992 and has led $1+ billion in real estate transactions. He oversees the firm's strategic direction and growth initiatives.
Stewart W. Mills
Senior Vice President
Stewart manages development, financing, and leasing operations with 21 years of Midwest commercial real estate expertise. He directs acquisition and disposition strategies for the firm's portfolio.
Bradley P. Gdowski
Chief Financial Officer
Brad oversees all financial operations including budgeting, forecasting, and compliance. With 20+ years in real estate finance, he manages relationships with lenders and partners to support strategic growth.
Tim Knudson
Vice President
Tim directs financial reporting and investment analysis with 15 years of commercial real estate experience. He coordinates construction projects and underwrites leasing opportunities to meet investment goals.
Dan Burhans
Controller
Dan manages daily financial operations and accounting for the firm's $700M+ portfolio. He brings 10 years of asset management experience from Mid-America Asset Management prior to joining Avgeris.
Questions
What commercial real estate services do you offer?
We provide investment, development, asset management, construction, and leasing services for industrial, office, residential, and land properties nationwide.
What geographic areas do you serve?
Our portfolio spans 12 states including Illinois, Michigan, Indiana, Wisconsin, Florida, Louisiana, Ohio, Minnesota, Iowa, Arizona, Kentucky, and Missouri.
What investment strategies do you use?
We focus on value-add opportunities through sale-leasebacks, acquisitions, partnerships, and note purchases targeting underperforming commercial assets for repositioning.
How does your asset management approach benefit tenants?
Our partnership-driven management maintains a 95% retention rate through proactive improvements, responsive service, and long-term relationship building with tenants.
What construction services do you provide?
We manage tenant improvements and build-to-suit projects with value engineering, budget control, and quality assurance from design through occupancy.
How do you handle property revitalization?
Our development team navigates site evaluations, incentive programs, and financing to transform underutilized properties into productive assets for communities and investors.
