FOR IMMEDIATE RELEASE:
CHICAGO (Feb. 3, 2021) – Ryan Companies US, Inc. (Ryan), a national leader in commercial real estate services, today announced it has promoted Jim McDonald to president of the Great Lakes Region. He most recently served as senior vice president, market leader of the region. Tim Hennelly, past president of the Great Lakes Region, has elected to rejoin the development team to focus on new business and mentorship while McDonald will provide overall strategic vision and operational leadership for the region.
“Jim has done an outstanding job for more than two decades at Ryan, building trusted relationships with our healthcare, industrial, senior living, office, multifamily and mixed-use clients, as well as with his colleagues and the teams he leads,” said Jeff Smith, president of Ryan Companies. “Our revenues in the Great Lakes Region have more than tripled over the past five years, thanks in large part to the leadership of Tim and Jim. With Tim returning to his passion of pursing real estate development deals, and Jim leveraging his ability to foster a collaborative culture amongst our real estate development teams, Ryan is well-positioned for continued growth in the Great Lakes Region.”
McDonald joined Ryan Companies in 1999, shortly after receiving his bachelor’s degree in construction management from the University of Nebraska. He spent his first decade with Ryan on the construction side and then migrated to Ryan’s development arm, leading high-profile projects across real estate sectors and rising to senior vice president of real estate development and market leader of the Great Lakes Region before assuming his current role. In 2012, McDonald opened and managed Ryan’s Milwaukee office where he grew Ryan’s healthcare business with clients such as Froedtert Health and Children’s Hospital of Wisconsin. Working from Ryan’s suburban Chicago office since 2000, McDonald has continued to expand the firm’s healthcare, senior living and industrial build-to-suit business throughout the region.
“It’s an honor to lead the Great Lakes Region for Ryan, a firm that I’ve seen grow tremendously over the past two decades yet still retain its entrepreneurial spirit,” said McDonald. “Ryan invests in its employees and creates myriad opportunities for career development across our integrated real estate services platform. I’m eager to continue supporting our exceptional teams to help them deliver the innovative solutions and personal service that showcase Ryan’s value for our customers, from project conception to completion.”
Some of McDonald’s near-term goals for the Great Lakes Region include opening a downtown Chicago office in the coming months, doubling the region’s revenue over the next five years, expanding into new geographic areas, and recruiting diverse talent in development, construction, architecture and engineering, capital markets and real estate management.
In the Great Lakes Region, which encompasses Illinois, Wisconsin, Indiana, Ohio, Michigan, Pennsylvania and the St. Louis metro area, Ryan has offices in Westmont, Ill. and Milwaukee, with multiple projects currently underway or recently completed, such as:
• Clarendale Six Corners, a 10-story mixed-use, retail and senior living community that broke ground in January 2021 on Chicago’s Northwest side and will include 258 residential units.
• Edward-Elmhurst Woodridge Health Center, a two-story, 36,100-square-foot multi-specialty health clinic slated to open in fall 2021 in west suburban Woodridge, Ill.
• Pullman Crossings, a 62-acre, three-facility industrial park in Chicago’s South Side Pullman neighborhood that wrapped its final phase, a 145,805-square-foot Amazon last-mile warehouse, in September 2020.
• Oakmont Point, an 18-acre, three-building office redevelopment project currently in phase two, located in west suburban Westmont, Ill.
• Clarendale Clayton, a 13-floor, 281-unit luxury senior living community in Clayton, Mo., slated to be complete in summer 2021.
• Amazon Fulfillment Center, an 855,000-square-foot warehouse in Markham, Ill., using the newest generation Amazon robots, that will be completed in fall 2021.
About Ryan Companies:
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, architect, capital investment consultant, builder and real estate manager with a focus on bringing lasting value to its customers and the communities in which it works. Ryan market depth includes retail, industrial, healthcare and senior living. Ryan development and corporate build-to-suit work spans a wide range of product types including office, mixed-use, hospitality, multifamily housing and mission critical facilities. Ryan has more than 1,500 employees in 15 offices and has completed projects in 39 states. For more information, visit ryancompanies.com.
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CONTACTS: Paula Widholm, pwidholm@taylorjohnson.com, (312) 267-4525
Gretchen Muller, gmuller@taylorjohnson.com, (312) 267-4511
Editors:
For more information or to schedule an interview, contact Paula Widholm, pwidholm@taylorjohnson.com, 312-267-4525.
Photo captions:
Jim McDonald: Ryan Companies US, Inc., has promoted Jim McDonald to president of the Great Lakes Region.
Tim Hennelly: Ryan Companies US, Inc., has named Tim Hennelly senior vice president, market leader of the Great Lakes Region.
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