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CHICAGO, IL — Baird &
Warner, Chicagoland’s largest, locally owned, independent residential real
estate services company, announced it has signed a lease for a new office
located in the Transportation Building at 620 S. Dearborn St., which will be
focused on providing brokerage, mortgage and title services primarily to the
South Loop and its surrounding neighborhoods.
The new office builds upon
the company’s exponential growth, marking its 28th location in the Chicago area
and following two record-breaking years in revenues, including $7.2 billion in
sales and 27,500 transactions in 2015.
Jim Psyhogios |
“Baird & Warner has
always been active in the South Loop, but with major developments like
RiverLine and a massive 62-acre development bringing thousands of new
residential units to the community, we’ll be well-positioned to leverage
opportunities in this flourishing neighborhood,” said Laura Ellis, president of residential sales and the executive vice
president of Baird & Warner.
“Our company has
experienced record-breaking revenues for the past two years, and our expansion
in the South Loop will build upon that success.”
The South Loop office is
slated for occupancy at the end of the year. Like all of Baird & Warner’s
offices, it will reflect the company’s one-to-one ratio, having a dedicated,
noncompeting manager overseeing a single office.
Managing broker for the
new location will be Jim Psyhogios,
a real estate veteran and South Loop resident who has spent the last 20 of his
25 years in the industry providing brokerage services exclusively to the South
Loop neighborhood. In fact, Psyhogios joined Baird & Warner earlier this
year specifically to launch and manage the South Loop office.
“To have someone of Jim’s
caliber leading our South Loop team speaks volumes about the success we
envision for this new office,” said Ellis. “His knowledge and understanding of
the neighborhood will be beneficial to everyone who walks in our door — whether
they are a buyer, seller or an agent looking to join our family.”
“I’ve always been a
champion of the South Loop as being one of most dynamic neighborhoods in
Chicago, so I’m beyond excited to bring the best marketing and technology tools
available to Baird & Warner’s broker associates, enabling them to make it
easier for sellers and buyers to tap the neighborhood’s full potential,” said
Psyhogios.
For a
complete copy of the company’s news release, please contact:
Julie Liedtke,
jliedtke@taylorjohnson.com, (312) 267-4521
Kim Manning,
kmanning@taylorjohnson.com, (312) 267-4527