Professional Experience
Derrick Almassy is a partner in the National Retail Partners Midwest team, recognized as CBRE’s leading national retail investment property sales team, representing a diverse set of clients ranging from REITs and pension fund advisors to private investors and lenders. His team has sold over 142 million square feet of retail properties valued at over $14.2 billion.
Mr. Almassy joined CBRE in 2005 as a financial analyst. His responsibilities included financial analysis, due diligence, and preparation of marketing materials. Mr. Almassy assisted in the financial underwriting in over 67 transactions with a total value of over $1.7 billion.
Prior to joining CBRE, Mr. Almassy worked at Urban Appraisal, Inc. as an Appraiser specializing in institutional-grade commercial developments. As an appraiser, Mr. Almassy completed 55 transactions with an aggregate value of over $500 million.
Professional Affiliations/Accreditations
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International Council of Shopping Centers
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Illinois Real Estate Broker License
Achievements
- Chicago Circle Member | 2013, 2011
Education
- University of Chicago, Bachelor of Arts Degree; Psychology
Significant Assignments
- Norridge Commons, Norridge, IL | $74,600,000
- McDonald’s Portfolio, 68 Properties in 28 States | Confidential
- Butterfield Plaza, Downers Grove, IL | $26,250,000
- Plainfield Marketplace, Plainfield, IL | $21,000,000
- Valparaiso Walk, Valparaiso, IN | $20,392,500
- Restoration Hardware/Sephora, Chicago, IL | $20,000,000
- North Shore Portfolio, Winnetka, IL | $15,100,000
- Shops at State Place, Chicago, IL | $15,000,000
- Hoffman Plaza, Hoffman Estates, IL | $14,150,000
- Shops at Randall Road, South Elgin, IL | $11,668,000
- Regency Square, Huntley, IL | $10,800,000
- Copley Center, Schaumburg, IL | $10,600,000
- Former Circuit City Portfolio, 8 Locations | $10,193,920
- Marketplace of Rolling Meadows Outlots, Rolling Meadows, IL | $8,000,000
- Regal Showplace Outparcel Strips, Crystal Lake, IL | $6,850,000
- Orland Corners, Orland Park, IL | $8,000,000
- McHenry Commons, McHenry, IL | $5,450,000
- Shoppes of Highland Park, Highland Park, IL | $5,300,000
- Terramere Plaza, Arlington Heights, IL | $5,300,000
- Huntley Grove, Huntley, IL | $5,275,000
- Corner at Naper West, Naperville, IL | $4,750,000
- Schwind Crossings, Wheeling, IL | $4,400,000
- The Commons of Hazel Crest, Hazel Crest, IL | $4,000,000
- Fox Valley Walk, Aurora, IL | $3,600,000
Clients
- Acadia Realty
- AEW
- Baceline Investments
- Bank of America
- Berkadia Commercial
- BJB Properties
- BlackRock Realty
- Broad Reach Retail
- Centro Properties
- Core Acquisitions
- C-III Asset Management
- Fortress Investment Group
- GK Development
- Harris Bank
- Heritage Companies
- Icahn Enterprises
- Inland Real Estate Corporation
- Interstate Partners
- Janko Group
- Joseph Freed & Associates
- Lexington Realty Trust
- MB Financial Bank
- McDonald’s Corporation
- Monroe Investment Partners
- Newport Capital
- New York Life Investment Management
- Next Realty
- North American Real Estate
- PNC Bank
- Private Bank
- Regency Centers
- RBS Citizens
- Sandor Development
- Sterling Organization
- Thornton’s, Inc.
- Torchlight Investors
- Tucker Development Corp
- Westwood Financial Corp
- Wool Finance
- Viking Partners