December 4, 2019
CHICAGO, IL – CRG, a national real estate development and investment firm, announced today the hiring of Geoffrey Kasselman, SIOR, LEED AP, as Partner and Senior Vice President, Workplace Strategy. Kasselman will oversee national accounts and lead all client-related initiatives for the company’s expanding industrial, office and data center project delivery platform. Kasselman will also provide customers with strategy for the future of their workplace and technology in real estate.
CRG, Clayco’s real estate platform, develops high-quality real estate projects throughout North America. The company primarily focuses on industrial properties, corporate headquarters, data centers and multifamily development projects. The company recently developed a 295,000 square foot state-of-the-art research and design facility for Pfizer in Chesterfield, MO, a 1.8 million square foot industrial project for Shaw Industries Group, Inc. at the Port of Savannah, and a 750,000 square foot distribution facility for Kimberly-Clark in Seattle, WA, amongst other national projects.
“Geoff brings dynamic thought leadership, an impressive client track record and national cache to CRG’s industrial and commercial development activities,” said CRG President Shawn Clark. “His extensive experience originating institutional-grade projects around the country, together with his ‘future-proofing’ approach, enhances confidence with our clients and investors alike.”
Over his 32-year career, Kasselman has completed more than 1,000 transactions worth more than $1 billion of aggregate value. Prior to joining CRG, Kasselman spent six years at Newmark Knight Frank as Executive Managing Director and National Leader of the firm’s Industrial Practice Group. During his tenure at Newmark, he oversaw substantial growth of the group while also completing several notable transactions around the U.S. including a 1.1 million square foot e-commerce facility in Atlanta for ASOS and a 617,000 square foot omni-channel build-to-suit facility near Cincinnati for DWR, a Herman Miller company. Kasselman also completed notable projects around the country for Cummins, CAT, Assemblers, Hydrofarm, AMI/Alside, Hussmann, Kitchen United, Camaco, Gotham Greens, and many others.
Kasselman, a LEED AP, is also known for his prior role as the 2017 Global President of the Society of Industrial and Office Realtors (SIOR), the largest non-profit trade organization of its kind, and for his keen business-futurist persona. Kasselman has given several high-profile keynote speeches on an array of forward-looking disruptive technology topics to industry and business audiences around the world. He also sits on various tech Advisory Boards, provides mentoring to select “proptech” start-ups, and owns an energy procurement firm.
“CRG’s entrepreneurial culture, Midwestern roots and impressive track record of delivering meaningful projects for Fortune 500 companies throughout North America makes this a very exciting role,” said Kasselman. “I look forward to enhancing CRG’s world-class team and Clayco’s integrated platform by providing innovative solutions and energy best practices to notable clients throughout the country.
The hiring of Kasselman comes at a time when tenant demand for modern logistics facilities is at an all-time high and consumer demand to purchase goods online is driving e-commerce globally, while supply of such properties is constrained in most major markets. Retailers are demanding industrial facilities that can accommodate the latest automation technologies and properties that can accommodate increased trailer storage and car park requirements to compete in today’s logistics environment, all things CRG can deliver.
CRG is a privately held real estate development firm that has developed more than 8,000 acres of land and delivered over 187 million square feet of commercial, industrial, institutional and multifamily assets exceeding $11 billion in value. CRG, headquartered in St. Louis, leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, Columbus, Newport Beach, CA and Philadelphia. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next generation users led to the creation of their industrial brand, The Cubes, and their multifamily brand, Chapter. For more information, visit CRG’s website at www.realcrg.com
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely delivers clients across North America the highest quality solutions on time, on budget, and above and beyond expectations. With $2.6 billion in revenue for 2018, Clayco specializes in the “art and science of building,” providing fast track, efficient solutions for industrial, commercial, institutional and residential related building projects. For more information visit www.claycorp.com.