CHICAGO – John J. Fitzmaurice, president of JCF Real Estate in Chicago and Lori Tubbs, president of Commercial Advantage, Inc. in Merrillville, Indiana are pleased to announce that the two firms have aligned resources and will operate as an affiliation.
“Aligning JCF and Commercial Advantage is a natural step forward,” said Fitzmaurice. “We were looking to grow our brokerage division, and the experience brought to the table by Lori and her team will enable us to expand our capabilities throughout the entire Midwest.”
“The team at JCF Real Estate is a talented and dedicated group with a reputation for quality service,” commented Tubbs. “In addition to expanding our brokerage operations, I’m excited about the advantages that JCF’s full-service real estate platform will lend to my clientele.”
JCF Real Estate is a full-service commercial real estate firm established in 1993. The firm serves the Northern Illinois, Wisconsin and Michigan areas by providing property management, receivership/REO services, leasing, construction, investment and development. Commercial Advantage, Inc. was established in 1998 and is a well-respected brokerage firm specializing in industrial, commercial and multi-unit leasing, investment and site selection. Commercial Advantage primarily services the Northwest Indiana and south Chicago markets.
JCF Real Estate and Commercial Advantage will continue to operate from both the Chicago and Merrillville, Indiana locations. Additionally, with the expansion of the brokerage division through the affiliation, the team hopes to open new offices throughout the Midwest in the next few years.
"We are all excited about working with Lori and her team," said Steve Chrastka, executive vice president of brokerage for JCF Real Estate. "JCF and CA complement one another, and this natural synergy will enhance our current relationships while creating new opportunities in expanding markets for both firms."
JCF Real Estate is currently developing and leasing The Corporate Reserve of St. Charles in Illinois which will feature more than 500,000 square feet of office, restaurant, retail, and hotel space in a strategic Western Chicago Suburban location. The firm is also in development on a seven-story, 500,000 square foot, luxury apartment building at the southwest corner of Bryn Mawr and Delphia Avenues in Chicago as well as is the appointed receiver and manager for hundreds of properties throughout Illinois and neighboring states.
Since 1998, Commercial Advantage has been a prominent player in the Northwest Indiana real estate market. Founded by John and JoAnne Tubbs, the firm has a brokerage portfolio including industrial properties, golf courses, retail space and offices throughout Indiana. Commercial Advantage has worked with a number of notable clients across a wide range of industries including BP, Jacobs Engineering, Electric Coat Technologies (ECT), AMS Mechanical, Cardinal Health, Comfort Inn, K-Mart, and Lake Hills Golf & Country Club among others.
Founded in 1993 and headquartered in metropolitan Chicago, JCF Real Estate is a full-service diversified commercial real estate firm that delivers a complete range of integrated real estate services to meet the strategic growth needs of its clients. JCF Real Estate strives to develop, manage, lease and construct assets which generate superior returns and profoundly contribute to the prosperity of its stakeholder. For more information regarding JCF Real Estate, please visit www.jcfre.com.