David Baum is a leading figure in Chicago's real estate development and retail leasing communities. Since co-founding Baum Development, LLC in 1989 and Baum Realty Group, Inc. in 1991, David has cultivated the business from a start-up company into an award-winning commercial and residential development firm and Chicago's leading retail brokerage firm.
Baum Development (www.baumdevelopment.com), a triple bottom line development company, has received eight Chicago Association of Realtors Good Neighbor Awards and a Preservation Excellence Award from the City of Chicago for work in adaptive reuse and historic preservation. In 2012, Baum Development won the Bruce Abrams Award (Development of the Year) from the Chicago Association of Realtors and the Chicago Neighborhood Development Awards For Profit “Best Of The Best” for their Green Exchange Project; the project was also certified LEED Platinum by the US Green Building Council. David has successfully led Baum in the development of more than 90 residential, retail, office and mixed-use developments throughout the Chicago area and the Western United States.
Chicago-based Baum Realty Group (BRG, www.baumrealty.com) is one of the nation's premier retail brokerage firms. For more than 20 years, the award-winning company has provided comprehensive real estate services for a diversified clientele of top property owners as well as national, regional and local retailers such as Starbucks Coffee, FedEx Office, US Bank, Chipotle Mexican Grill, Jared The Galleria of Jewelry and many others.
David is often a featured speaker for real estate and business groups, Universities and forums and was named one of Crain's Chicago Business' "40 Under 40" leaders and was featured in Real Estate Chicago's "40 Under 40" edition as well.
David is an advisor for the Local Initiative Support Corporation (LISC), a non-profit organization serving underdeveloped communities. He serves as a mentor for students at DePaul University's School of Real Estate, of which Baum Realty Group is a founding sponsor. David is a contributor to Federal Reserve Bank of Chicago’s Beige Book and is a member of the International Council of Shopping Centers, The Economic Club of Chicago and the U.S. Green Business Council. In addition, he coaches AYSO soccer teams.
Mike Demetriou joined Baum as Chief Operating Officer in 2012 and was promoted to President in 2016. Mike handles the day to day management and operations for Baum, with a focus on business development and recruiting.
An attorney, Mike was previously a Senior Real Estate Associate at both Sidley Austin and SNR Denton where he focused on the financing, acquisition, disposition, and leasing of commercial real estate throughout the country. Significant representations included KeyBank, JPMorgan Chase, Metro Storage, Royal Bank of Scotland, Starwood and Wells Fargo. His practice also included zoning and land use matters for businesses and universities as well as non-profit entities. On a pro-bono basis, Mike also represented the Frank Lloyd Wright Home & Studio, the Peggy Notebaert Nature Museum and Mike also served as general counsel to The Cara Foundation.
Prior to his career as an attorney, Mike worked in executive compensation for Hughes and Lucent and managed business development for a closely held telecommunications consulting firm. Mike received a Bachelor of Science degree from Cornell University and a law degree, with honors, from Chicago-Kent College of Law.
Mike volunteers his time with the Lake View Pantry, and he currently sits on the boards of the South East Lake View Neighbors (SELVN), and the Francis W. Parker School.
Allen Joffe is both a principal and the managing broker of Baum Realty Group, LLC. Since joining the firm in 1993, Allen has provided clients with an unmatched knowledge of the Chicago area retail leasing business. He has successfully negotiated and managed lease transactions for more than 50 clients.
Allen has overseen retail leasing programs for both urban and suburban properties and has completed land sales ranging from 1 to 80 acres, successfully negotiated lease terminations, consulted for the Chicago Transit Authority and Mesirow-Stein, as well as brokering approximately $30 million of investment sales transactions on behalf of DIKA Management.
Allen has been recognized for his achievements by the Commercial Forum, a division of the Chicago Association of Realtors (CAR) on numerous occasions. He was awarded Broker of the Year for Tenant Representation three years in a row, was the recipient of the Jimmy John’s Top Producer award, and was awarded the Top Retail Leasing Broker distinction in Chicago by CoStar three times.
Allen is an active member of the Ely Chapter of Lambda Alpha International, The Realty Club and is a member of the State Board of Directors for the International Council of Shopping Centers. He is an advisor for the Local Initiative Support Corporation (LISC) and also serves on the Project Review Committee of the Greater North Michigan Avenue Association. In addition, beginning in 2014, Allen was selected to join an elite group of real estate industry leaders as a mentor with the Harold E. Eisenberg Foundation, where he provides guidance to students interested in pursuing a career in real estate.
In his spare time, Allen is an avid soccer player and bicyclist. Participating in the MS Tour de Farm is an annual event for the Joffes. The ‘Gold Spokes’ distinction for being one of the top fundraisers has been bestowed on Allen since 2012.
Allen graduated from Illinois State University in 1991 with a bachelor’s degree in marketing.
Adam Secher has been a partner with Baum since 2001. Representing both landlords and tenants, Adam has fostered long term relationships with retailers and restaurateurs throughout Chicago’s most desirable retail corridors.
As a founding member of Baum’s Luxury Division, Adam spends time with landlords and tenants specializing in the fashion and lifestyle categories. He is responsible for the recently completed flagship Gold Coast stores for Away Travel, Warby Parker, Vans, Marc Jacobs, Saint Laurent, Starbucks, BHLDN, Brioni, Madewell and Le Pain Quotidien.
As one of Baum’s restaurant experts, Adam’s clients include TAO Group, Starbucks, Chipotle, Naf Naf, Roka Akor, Tortoise Club, DMK Burger Bar and a variety of local independent restaurants. Significant landlord representations include Hines, Marol, Repak Development, and Golub & Company. Adam possesses an intimate knowledge and understanding of Chicago’s retail communities including the Gold Coast, Lincoln Park, Bucktown and Wicker Park. Two of Chicago’s largest ever single tenant retail transactions can be traced to Adam’s recent efforts – the world’s largest Starbucks Roastery (43,000 SF on Michigan Avenue) and TAO Chicago (34,000 SF at 632 N. Dearborn).
Adam is past vice-chairman of the Chicago Association of Realtors’ Commercial Forum committee and is a member of the International Council of Shopping Centers where he sits on the committee for the Illinois ICSC State Committee. Previously, he served as co-chairman of the Chicago’s Next Generation committee. Adam earned his Bachelor of Science degree in Economics from the University of Wisconsin.
Carol Lockhart joined Baum in October 2006, launching their Indiana office. Serving as Baum’s principal broker for the state of Indiana, Carol provides a unique service by specializing in tenant representation for the entire state of Indiana and working on the national expansion of several concepts as a member of Baum’s National Real Estate Solutions division.
Carol currently represents FedEx Office, Primrose Schools Franchising Corporation, Jamba Juice, Potbelly Sandwich Group and other private equity firms looking for ground up sites for national tenants. She is also actively assisting in the expansion of other Baum clients in Indiana.
Before beginning her career in commercial real estate, Carol managed the Indiana office of ING Financial Services, specializing in retirement plans for hospital and school employees statewide. She is an active member of the International Council of Shopping Centers and an active Board Member for Arts for Lawrence.
Carol graduated from Indiana University with a bachelor’s degree in Liberal Arts and is a licensed pilot.
Douglas Renner joined Baum in 2006 bringing with him over a decade of retail experience. As a Managing Director at Baum, his focus is to oversee third party leasing representation for owners, developers, and investors of retail shopping centers, single tenant investments, mixed use developments and portfolio management of disposition assignments. Doug’s clientele range from big-box grocery anchored centers and urban infill mixed use retail to single tenant net lease assets.
Doug has a 20+ year track record of success and has been responsible for lease and sale transactions valued in excess of $700 million and 2 million square feet. Doug’s successes include implementing market strategies for national, regional and local tenants as well as developers and investment landlords. Notably, Doug was responsible for leasing a competitive stretch of North Michigan Avenue between 2 and 20 North Michigan to Starbucks, Panera, and Remington’s Restaurant that changed the complexion of the street.
Past and present clients include Newcastle Limited, Duetsche Bank, RREEF, Structured Development, Cedar Street Capital, Convexity, R2 Companies, Excess Space (on behalf of CVS Pharmacies), 4 Star Restaurant Group (Remington’s, Windsor, Smoke Daddy and Crosby’s Kitchen), Home Run Inn Pizza, Cosi, Lane Bryant, Fashion Bug, Harbor Freight Tools, Harlem Irving Companies, Prime Group, Capri Capital, and Regency Centers.
Doug is an active member of the International Council of Shopping Centers, Chicago Commercial Real Estate Networking Club, Corporate Real Estate and Retail Site Selection Professionals. In 2014, he was a CoStar Power Broker Award winner. Charitably, he is involved in the Chicago Real Estate Annual Food Drive for the Greater Chicago Food Depository, Opportunity Through Baseball, providing education and skill coaching for at risk children, Gilda’s Club and other national and local causes.
Doug holds a BA and a Master’s Degree both from the Ohio University.
Matt Fetter joined Baum in July of 2011 after serving as a real estate broker for five years at Johnson Controls. At Baum, Matt is the Managing Director of the National Real Estate Services team and represents clients such as Duluth Trading Company, The Boiling Crab, Aurelio’s Pizza nationally, as well as other concepts in the Chicagoland market. He specializes in planning, executing, and managing real estate transactions throughout the United States.
Prior to joining Baum Realty Group, Matt was a director for the Real Estate Brokerage Team with Johnson Controls, Inc. He has independently completed over 3 million square feet of commercial real estate transactions.
Matt is a licensed real estate broker, a member of the International Council of Shopping Centers, and for a number of years has been a mentor at Chicago Youth Centers.
Matt earned a bachelor’s degree in Business Administration from the University of Colorado in Boulder, Colorado.
Will Crowden specializes in retail site selection, and the sale and leasing of urban and suburban retail properties. For more than fifteen years, Will has worked closely with many institutional property owners and developers, and has exclusively represented dozens of local, national, and international tenants throughout both the Chicago market and across the country. Will has particular expertise representing growing brands on their new market roll-outs, and has earned the reputation of being a national retail specialist acting as the real estate lead for multi-unit national roll outs. Will is a trusted advisor to several retailers – including Fortune 25 and Fortune 200 companies. He serves as the exclusive site selection professional for Starbucks Corporation, PDQ, Blaze Pizza, and Foss Swim School among others. Notably, Will was an integral part of the team that sourced and negotiated the Starbucks Flagship Roastery transaction on Michigan Avenue in Chicago, which will be the largest single location for Starbucks in the world.
Significant property owners represented by Will include Macerich, The Sterling Bay Companies, Crow Holdings Capital and Newcastle Limited. Will has also performed extensive workout services with many local and national banks, including Bank of America, JP Morgan Chase Bank and MB Financial, in each case helping them dispose of numerous troubled assets.
Additionally, Will has served on the Board of Directors at The Chicago Association of REALTORS® (CAR) for two consecutive terms and was also the 2012 and 2013 Chair of CAR’s Commercial Forum Committee. He is an active member of the International Council of Shopping Centers (ICSC), ICSC Government Relations Committee, a founding member of CAR’s Young Professionals Network (YPN) Advisory Board and a member of the Real Estate Investment Association (REIA).
Ari joined Baum in 2018 as the founder of the Urban Office & Industrial Division, bringing with him 17 years of combined experience in commercial real estate and finance. Prior to joining Baum, Ari spent 8 years as a broker at Jameson Commercial where he specialized in investment sales, commercial leasing, and investment advisory services. A top agent there, year after year, he was Jameson Commercial’s top producing agent in 2017.
Ari possesses a unique background having worked as a financial analyst on Wall Street prior to his career in real estate. His underwriting and financial modeling expertise, combined with his strong negotiating skills and deal making prowess, allows Ari to effectively serve his clients’ interests in a multitude of ways. His experience includes a wide variety of asset classes including office, industrial, retail, multi-family, and development land.
Ari holds the highly regarded Chartered Financial Analyst (CFA) designation, the LEED-AP designation, and is a licensed real estate salesperson in the State of Illinois. He earned his Bachelor of Business Administration degree from the Stephen M. Ross School of Business at the University of Michigan with a concentration in finance. Ari was recently named as one of Crain’s Chicago Business Most Influential Commercial Real Estate Brokers of 2017.
Jackie joined Baum in 2015 and serves as an Associate in Baum’s Investment Sales division. Jackie’s focus is to grow and development new business on a local and national level.
Prior to joining Baum, Jackie worked at Mid-America Real Estate Group in suburban Chicago. During her tenure there, Jackie adapted and grew her knowledge base in various departments within the company including accounting, property management and client relations. She was responsible for actively participating in request for proposals (RFP) for new business, assisting in tenant lease language negotiations, developing and implementing procedures to properly quote triple nets for prospective tenants, abstracting and enforcing legal documents (inclusive of tenant leases and OEA agreements), and overseeing the due diligence process for property acquisitions and dispositions. Furthermore, she was responsible for managing property funds by overseeing cost control and addressing tenant receivable issues to collect delinquencies consistently in order to meet projected NOI. Jackie was also responsible for completing annual budgets, conducting strategic reviews, financial variance analysis, and market overviews for both institutional clients and sole proprietors.
Jackie is an active member of International Council of Shopping Centers (ICSC) and a licensed Illinois Real Estate Broker.
Jackie earned her bachelor’s degree Cum Laude with a double emphasis in Finance and Management/Organizational Behavior from Benedictine University, where she was a member of her collegiate volleyball team. When not in the office, Jackie can be found playing co-ed sports along the lakefront, traveling to new places, or spending time with family and friends. Jackie currently resides in the River West neighborhood of Chicago.
Marcus Cook joined Baum in 2016 bringing his expertise in the hospitality markets and his enviable track record to Baum’s tenant representation team. Marcus has represented a wide spectrum of clients by capitalizing on his deep understanding of the service industry.
Marcus gained invaluable experience and an incredible business network through his management roll with Chicago-based Gibson’s restaurant group. He has a keen understanding of restaurant and bar operations, and routinely applies that knowledge in the representation of landlords and tenants as well as buyers and sellers of commercial properties.
Marcus also has significant experience with distressed and under-performing assets as well as bank owned real estate. Marcus previously served in several brokerage roles with Conlon Commercial, including several years as their Managing Director, where he honed his reputation as an unwavering client advocate and tenacious broker.
Marcus earned a Bachelor of Arts in Political Science and Economics from the University of Iowa.
An investment sales veteran with 13 years of brokerage experience, Brad Teitelbaum leads the nationally recognized Net Lease Division at Baum. Brad focuses on the acquisition and disposition of net lease and multi-tenant transactions featuring deals such as the Apple Store and Forever XXI in Lincoln Park and Lululemon in the Gold Coast. Brad has completed over $300,000,000 in deal volume from coast to coast in the last few years alone including recent sales of Hobby Lobby, Panera Bread, CVS, Walgreens, Chipotle, Wells Fargo, Starbucks, McDonald’s, Chase Bank and many others.
Brad began his real estate career at Grubb & Ellis while attending Arizona State University, where he graduated with degrees in both Communication and Business. Brad has been featured in multiple publications including Crain’s, Illinois Real Estate Journal and Real Estate Bisnow.
Brad lives in downtown Chicago and has been a member of Young Real Estate Professionals, ICSC, Urban Land Institute, Illinois Restaurant Association and also spends time volunteering with multiple organizations including: Other Side of the Green, Inspiration Kitchen and PAWS.
Patrick Forkin is a Vice President at Baum and co-leader of the firm’s Retail Investment Sales practice. With more than 11 years of experience in retail commercial real estate investment sales, Patrick has transacted or advised on aggregate sales of more than $1.5 Billion. Since 2014, the Investment Sales Team has closed over 160 sales transactions in over 15 states, with a total value of over $580 million. Recent transactions Patrick has completed include Walgreens, Chase Bank, 7-Eleven, McDonald's, Starbucks, Chipotle, and Verizon, among others.
Patrick is a licensed real estate broker in Illinois and Missouri, and is an active member of the International Council of Shopping Centers, Urban Land Institute and Young Real Estate Professionals of Chicago.
Patrick graduated with honors from the University of Missouri, earning his bachelor’s degree with a triple emphasis in Finance, Real Estate, and Economics. He also interned with Jardine Lloyd Thompson in Dublin, Ireland.In his free time, Patrick enjoys traveling, playing ice hockey, tennis, golf, and spending time with his family and friends.
Tim Rossi joined Baum in 2019 as Vice President of Baum’s Tenant Representation Team, serving both tenants and landlords with a focus on QSR, retail, and digitally native brands. Tim brings a strong understanding of the retail real estate industry, a passion for fighting for his clients, and a proven history of deal-making. His expertise encompasses all aspects of tenant representation from market canvasing to site selection and lease negotiation.
Prior to joining Baum, Tim spent 5 years with Jimmy John’s Gourmet Sandwiches consulting franchisees. There he managed the brand’s expansion into new and existing markets in Texas, Oklahoma, Arkansas, New Mexico, and Colorado. During his tenure he guided franchise groups of varying size and strategy, resulting in hundreds of openings.
Tim is a member of the International Council of Shopping Centers. He graduated from the University of Missouri with a Bachelor of Science, Business Administration with an emphasis in marketing and a certification in sales. Tim grew up in St. Louis, Missouri and in his free time enjoys traveling, skiing, and an occasional round of golf.
Nicole Cardot joined Baum in 2010. She provides both tenant and landlord representation services with a focus on downtown Chicago and the surrounding suburban markets. Nicole exclusively represents Chipotle, Starbucks, Graeter’s, Dotty’s Café, McAlister's Deli, Insomnia Cookies, DMK, Blo Dry Bar, Club Pilates, Luke's Lobster, and a variety of independent retailers and restaurants. She also represents numerous landlords including Campus Acquisitions, Akara Partners, Speedwagon Properties, GW Properties, Hines, and Newcastle Limited.
As a vital member of Baum’s Tenant Representation Group, Nicole has secured high profile lease and purchase opportunities on behalf Tenants, Landlords and Sellers in Chicago’s most desirable downtown retail markets including the Gold Coast, Loop, River North, Bucktown/Wicker Park and the West Loop. Nicole graduated from Indiana University where she earned a Bachelor of Arts in Apparel Merchandising. Nicole is an active member of the International Council of Shopping Centers, ICSC Next Generation, Woman in Retail Leasing (WIRL), Restaurant and Real Estate Connection (RARE), Chicago Junior League and Indiana Real Estate Alumni Association. Nicole is a licensed real estate broker in the state of Illinois.
Trevor Jack joined Baum in January of 2014. He provides landlord representation services to a portfolio that includes listings both in the city and suburbs of Chicago. Trevor currently is tasked with leasing responsibilities for City Hyde Park as well as properties in Roscoe Village, Lincoln Park, Logan Square, Wicker Park, and Naperville.
Prior to joining Baum, Trevor interned with Cushman & Wakefield in their retail brokerage division where he canvassed for tenants looking to enter the Chicago market, abstracted leases, analyzed market data and developed briefings.
Trevor is an active member of the International Council of Shopping Centers, Urban Land Institute, and the CCIM Institute.
Trevor graduated from the University of Illinois Urbana-Champaign where he earned a Bachelor of Arts degree in Urban & Regional Planning. Trevor is a licensed real estate broker in the state of Illinois and is a LEED Green Associate.
Dan Molnar joined Baum in 2012. He specializes in retail tenant and landlord representation with a focus on downtown Chicago and the surrounding suburban markets. As a member of Baum’s Tenant Representation Group, Dan has secured hundreds of leases for tenants throughout Chicagoland. Exclusive representations include Avenue, Dotty’s, Five Guys, Jimmy John’s, Naf Naf Grill, Primrose Schools and Starbucks, in addition to multiple independent retailers, restaurants and landlords.
Prior to joining Baum, Dan worked as a broker at Colliers International where he helped establish their Chicago retail division. During his time there, he exclusively represented accounts including Palm Beach Tan, European Wax Center, Granite City Food & Brewery and Ace Hardware.
Dan is an active member of the International Council of Shopping Centers, Young Real Estate Professionals and ICSC Next Generation. He earned a Bachelor of Arts in Economics from Emory University where he was a member of the varsity baseball team. Dan is a licensed real estate broker in the state of Illinois.
Graham joined Baum in October of 2014 and serves as an associate on the Net Lease Team within Baum’s Investment Sales division. Graham focuses on business development and researching single and multiple tenant net lease properties and transactions on a national basis. He graduated from the University of Missouri, earning his bachelor’s degree with a double emphasis in Finance and Real Estate. While at school, he studied finance abroad for a summer in Bergamo, Italy. Prior to joining Baum, Graham interned with the leasing team at The Staenberg Group, based in St. Louis, MO, his hometown. During his time at The Staenberg Group, Graham helped underwrite leasing deals, canvassed new and existing properties, and researched national market and demographic trends.Graham is a member of ICSC, Urban Land Institute, as well as the Illinois chapter of CCIM where he serves on the membership committee. When not in the office, Graham can be found outdoors, on the golf course, or spending time with family and friends.
Mark carries a high level of skill and an impressive track record of success in leasing grocery anchored centers, multi-tenant outlots, urban retail sites, and suburban strip centers. His talent for identifying prospects for retail strip centers, researching and interpreting tenant’s business and financial sustainability, negotiating letters of intent and leases has been praised by local and national clients alike.
Prior to joining Baum’s Landlord Team, Mark worked for Regency Centers, Edgemark CRE, and The Lord Companies. Mark has leased multiple power center developments within the Chicagoland area, including junior anchors and outlots, re-merchandised and leased lifestyle centers as well as multi-tenant outlot buildings. He was responsible for the leasing of a 17 property portfolio of grocery anchored shopping centers, totaling over 2.8 million square feet throughout Illinois, Indiana and Minnesota.
Mark graduated from Florida State University with a Bachelor of Science in Marketing. He has been a licensed Real Estate Broker since 2007 and is a member of the International Council of Shopping Centers. Mark lives in Chicago with his wife and son.
Tyler joined Baum in March 2018 as an Associate. Tyler works on both leasing and sales assignments for Baum’s Urban Office & Flex and Investment Sales Divisions. A vital team member, Tyler has made key contributions to multiple successfully completed sales and leasing transactions. Tyler’s primary focus is on all aspects of property due diligence and underwriting. Additionally, he provides landlord representation services and market analysis to a portfolio of office and flex-industrial properties throughout the greater Chicago area.
Prior to joining Baum, Tyler held an analyst position at Simon Property Group (NYSE: SPG). During his time at Simon, Tyler prepared lease analysis on rent spreads, occupancy, kick-outs for key retailers, and prepared all applicable bills in accordance with lease terms and resolved tenants’ problems regarding billings and lease language.
Tyler is an active member of the International Council of Shopping Centers (ICSC), Urban Land Institute (ULI), Young Real Estate Professionals (YREP), and The Junior Council of Lurie Children’s Hospital. Tyler is a licensed Illinois Real Estate Broker.
Tyler was born in Northbrook, IL and graduated from Butler University, earning his bachelor’s degree in finance. When not in the office, Tyler can be found on the golf course or spending time with family and friends.
Lauren Martin joined Baum in September of 2017. She supports the National Real Estate Services team with both corporate and franchise client work. Clients include Duluth Trading Company, Foss Swim School, The Boiling Crab, America’s Best and Flirty Girl Lash Studio.
Lauren’s background in recruiting and strategic event planning, coupled with her passion for food and travel, lead her to the commercial real estate industry where her focus is helping clients strategically expand their businesses into new markets across the US. Prior to joining Baum, Lauren worked as a Campus Recruiter at Citadel LLC, focusing on recruitment of trading and investment professionals and interns from East Coast and European Universities. Before her time in recruiting, Lauren worked at Vivid Seats where she was responsible for VIP events & hospitality. Lauren graduated from Illinois State University where she earned a Bachelor of Science in Integrated Marketing Communications.
Lauren is a licensed real estate broker, a member of the International Council of Shopping Centers and Women in Retail Leasing (WIRL).
Heather Muth joined Baum in 2016 and serves as an Associate Project Manager and broker in the Tenant Representation division. Her work primarily focuses on downtown Chicago and the surrounding suburban markets, and she works with such clients as Starbucks, Chipotle and a variety of independent retailers and restaurants.
Prior to joining Baum, Heather lived in Los Angeles and worked for Rolling Stone on the advertising sales team. She earned her bachelor’s degree with a double major in Communication Studies and Theatre from Saint Mary’s College in Indiana where she graduated Magna Cum Laude and was captain of the varsity soccer team. When not in the office, Heather is an avid runner and is active in the Chicago improv/sketch comedy scene.
Heather is a member of the International Council of Shopping Centers and Women in Retail Leasing (WIRL), and she is a licensed real estate broker in the state of Illinois.