Profiles

Richard Kahan

Office 847.441.4425

Cell 312.953.0953

KB Real Estate, Inc. | Partner, 2002-Present
As a partner in this development, brokerage and property acquisition company, he currently represents Bally Total Fitness in 20 markets throughout the country and utilizes a vast network of brokers to procure value added acquisitions and development opportunities with a focus towards underserved retail markets.

Urban Retail Services, Inc. | President,1998-2001
Responsible for the leasing of Urban Investment Trust portfolio consisting of over 3 million square feet of existing retail and office space and new retail developments, with development focusing on underserved communities. Developer of the Laurel Center re-development, a 500,000 square foot shopping center in Laurel, Maryland. Negotiated lease termination of two anchor tenants, Kids R Us and Hoyt Cinemas, and negotiated transactions with Lowes Home Improvement and Homelife. Handled all aspects of entitlements with the City of Laurel and coordinated construction. Completed 15 Bally Total Fitness transactions in Chicago, Washington, Maryland, Dallas, Houston, San Antonio, and Salt Lake City.

Grubb and Ellis Company | Sr. Vice President, 1993-1998
Focused on retail brokerage and tenant representation. Named master broker for Bally Total Fitness, comprising 28 markets nationally. Completed 25 store roll out of Murray's Discount Auto Stores in Chicago. Developed and leased The Lawndale Plaza Shopping Center located at Roosevelt and Kedzie in the North Lawndale community of Chicago. 150,000 square feet development completed in Chicago's empowerment zone and only retail property in Chicago to enjoy the 7-B tax designation.

Benjamin Sherman and Sons | Sr. Vice President, 1991-1993
Focused on retail brokerage and tenant representation.

Kahan Properties, Inc. | 1984-1990
Partner in development management and leasing company responsible for the oversight and development in excess of $150,000,000, including shopping centers, office complexes, warehouse facilities and residential mixed use properties.

Jacobs Kahan and Company | Vice President, 1980-1983
Peripheral land development responsible for marketing and development of parcels surrounding and in front of malls and community shopping centers.

Tony Kahan

Office 847.441.4424

Cell 312.835.0324

tkahan@kbrealestate.com

KB Real Estate, Inc. | Partner 2002-Present
A development, brokerage and property acquisition company. Currently represents Bally Total Fitness in 20 markets throughout the country, and utilizes a vast network of brokers to procure value added acquisitions and development opportunities with a focus towards underserved retail markets.

Urban Retail Services, Inc. | Executive Vice President. 1998-2001
Implemented leasing and marketing program for portfolio of in-house properties and developments. Urban's focus was providing developments in underserved inner city markets. Oversaw the leasing portfolio of over 3 million square feet of retail property. Completed Bally Total Fitness transactions in the Denver, Colorado Springs, Detroit, Atlanta and Chicago markets.

Grubb and Ellis Company | Vice President, 1993-1998
Formalized relationships with national retailers and created infrastructure for "roll out" programs for Murray's Discount Auto Stores, Sam Ash Music in Chicago, and Bally Total Fitness nationally. As a principal, developed and leased the Lawndale Plaza, a 150,000 square foot neighborhood shopping center located in the North Lawndale community of Chicago, the first development completed in Chicago's Empowerment Zone and the only retail property in Chicago to have a 7-B Tax status.

Benjamin E. Sherman and Sons | 1991-1993
Created retail division within established Management and Investment Company. Organized and implemented marketing and leasing program for Benjamin E. Sherman portfolio and third party properties.

Kahan Properties | 1987-1990
Leased and managed company's portfolio of retail and industrial properties. Included in assets was the initial lease up of The River Pointe Shopping Center, a 300,000 square feet community shopping center, and the first grocery anchored shopping center in Chicago's now booming Clybourn Corridor.

Education BA, University of Arizona, 1987

Tim Daugherty

Office 847.441.4423

Cell 219.201.4923

tdaugherty@kbrealestate.com

KB Real Estate, Inc. | Marketing and Operations Associate, 2008-Present
Responsible for overall office management including all aspects of marketing/graphics for real estate site presentations as well as administrative support and IT.

Education BS, Business, Indiana University, 2008