Monday, April 30, 2018

Todd Lesher Joins Lexington Homes as Director of Sales



Todd Lesher

CHICAGO, IL — Chicago-based Lexington Homesan active homebuilder throughout Chicago and its surrounding suburbs, has announced that Todd Lesher has joined the firm as director of sales.

Lesher brings more than 18 years of experience in the homebuilding industry to his new role, where he oversees all sales managers and associates at Lexington’s six current town home and single-family home communities.

Most recently, Lesher was an associate sales manager for the Chicago division of Scottsdale, Ariz.-based Taylor Morrison Home Corp. 

In this role, his responsibilities included sales, hiring, mentoring the sales team, conducting training and leading weekly sales meetings.

Jeff Benach
Prior to that, he spent 14 years with Ryland Homes (now part of CalAtlantic Homes, a national homebuilder based in Arlington, Va.) as a sales representative, where he sold more than 500 single-family homes and townhomes in the Chicago area.

“Todd’s incredible track record of leading sales teams and his impressive sales volume stems from his great relationship-building skills and customer service expertise,” said Jeff Benach, principal of Lexington Homes.

“He is an exceptional mentor and coach to other sales professionals, and fully understands how new-home sales are made in the post-recession Chicago market. We’re thrilled that he’s joined our team and look forward to working with Todd as we continue to grow as a company and provide the most positive homebuying experience for all our customers.”
                                                                                                                              Over the course of his career, Lesher has earned several awards as a top new-home seller. He earned the prestigious “Certified Sales Coach” award in 2015 and 2016 while at Taylor Morrison, which is an award given to only one employee each year who is a top seller. Throughout his career, Lesher has sold more than 600 homes.

For more information, please contact:

Kathryn Kjarsgaard, kkjarsgaard@taylorjohnson.com, (312) 267-4514 
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527


HFF announces $181.57M construction financing for development of Class A office tower in Chicago’s Fulton Market District



333 North Green Street Office Tower Planned
in Fulton Market District
of Chicago's Central Business District

Timothy Joyce

CHICAGO, IL– Holliday Fenoglio Fowler, L.P. (HFF) announces $181.57 million in construction financing for the development of 333 North Green Street, a to-be-built, 548,932-square-foot, Class A office tower in the Fulton Market District of Chicago’s central business district.

The HFF team worked on behalf of the developer, Sterling Bay and institutional investors advised by J.P. Morgan Asset Management, to secure the floating-rate construction loan through Wells Fargo. 

333 North Green Street will be a 19-story, Class A office tower with floor plates ranging from 13,634 square feet to 40,589 square feet, situated above 31,521 square feet of street level retail. 

Daniel A. Kaufman
Additionally, the best-in-class project will feature a 326-stall, four-floor parking garage on floors two through five of the property and market-leading amenities, including a 2,700-square-foot fitness center, 2,000-square-foot conference area and a 5,590-square-foot tenant lounge along with a private rooftop deck for tenant use. 

The LEED Silver certified building is 47.2 percent leased to GroupM and will serve as their North American headquarters as well as the regional headquarters for WPP, their parent company. 

 333 North Green Street is located in the Fulton Market District, which has become the city’s premier office submarket and a true live/work/play environment with numerous multifamily units and hotel keys under construction and access to many of Chicago’s popular and award-winning restaurants along Restaurant Row. 

Christopher Knight
 The property benefits from a Walk Score® of 97 and a Transit Score® of 89 being situated just five blocks from both the Morgan Street and Grand Avenue “L” stations and a short distance from Ogilvie Station that provides commuter rail access. 

HFF’s debt placement team included managing directors Timothy Joyce and Danny Kaufman and director Christopher Knight.
 
For more information, please contact:

KRISTEN MURPHY
HFF Director, Public Relations
(617) 848-1572