Naperville, IL (February 22, 2006) — Daniel Walsh, one of the leaders in the redevelopment of the 1,120-acre Glenview Naval Air Station, has been named Vice President of Development for Ryan Companies US, Inc. Jeff Smith, President, Ryan Companies US, Inc. made the announcement.
The appointment of Walsh, 44, further solidifies Ryan’s position as a premier developer, Smith said.
“In Chicago, Ryan currently has retail projects totaling more than one million square feet of projects underway and is part of the development team for a $50 million redevelopment project in downtown Elgin, and a substantial initiative in Hillside,” Smith said. “Daniel Walsh, with his years of experience and excellent reputation in the industry, allows us to further expand our presence in the marketplace.”
Walsh brings more than 21 years to his position at Ryan. At Ryan he will be responsible for mixed-use, land and retail development. Most recently Walsh was a Managing Director at Mesirow Stein Real Estate.
“This is a great opportunity to be an integral part of the management team of an entrepreneurial, growth oriented firm,” Walsh said. “In Chicago and across the country, Ryan has a great reputation and strong financial capabilities which provide a compelling story for corporate clients, municipalities and other prospective clients seeking a developer who can perform.”
Walsh has an established expertise in specialty area development advisory work on behalf of corporate entities, municipalities and public agencies. He has been involved in, and will continue to participate in, all phases of the acquisition, development and management process, including site acquisition, deal structure, architecture and zoning, development, property marketing, sales and leasing.
As noted, Walsh was director of marketing and sales for the redevelopment of Glenview Naval Air Station, which resulted in over $1 billion in development. He also led the team to secure a new corporate headquarters — a 12-story, 394,000 square foot $76 million build-to-suit for purchase office building — for the Chicago Transit Authority. Walsh also was integrally involved in creating a development plan for Nicor Gas and its 100-acre development in Naperville. The plan resulted in Nicor's 257,000-square-foot corporate headquarters building and campus, and formulating a program to attract complementary corporate and institutional neighbors.
Early in his career, as a broker, he managed more than 1.5 million square feet of tenant representation assignments and directed marketing and leasing programs for office properties in excess of 800,000 square feet.
Walsh holds a Bachelor of Arts Degree from the University of Illinois Urbana/Champaign and earned a Masters in Business Administration from DePaul University . He is an active member of numerous real estate and related industry associations, including National Association of Industrial and Office Properties (NAIOP) where he was a past president of the Chicago Chapter; Urban Land Institute (ULI); and the International Council of Shopping Centers (ICSC).
Ryan Companies US, Inc. is a leading national commercial real estate firm offering integrated design-build and development as well as asset, property and facilities management services to customers. For more than 685 years, Ryan has used a single-source approach that offers flexibility in defining the scope of a project and strength in providing effective, timely solutions resulting in a higher certainty of success. In addition to its Chicago office, Ryan has offices in Minneapolis, Phoenix, San Diego, Tampa, Cedar Rapids, Davenport and Des Moines, Iowa.