Vequity is a retail real estate investment and development company located in Chicago. Our core focus is innovation and the use of creative services, financial products, processes, and technology to fuel our clients’ growth.
Venture – each one of our retailers is our partner
Velocity – allowing for speed to the market and well-executed delivery
Volume – market focused, process centered organization built for multi-unit retailer expansion
Vertical Integration – as a means to reduce costs and improve efficiencies for our clients
Value – we strive to fully understand our client’s business to provide creative real estate solutions
To provide retailers nationwide with high-quality retail real estate development, by using innovative and cost efficient processes, allowing retailers to expand their store count and focus their efforts and resources on their core business.
Vequity offers a wide range of services to our clients including the following:
Vequity offers our clients unparalleled knowledge and experience. Our staff provides comprehensive retail services built on a platform designed to exceed the expectations of our clients, investors, and tenants. Owner or tenant. New facility or build-out. Relocation or expansion. Single or multi-site. Private or public sector. We are your retail real estate partner.
No other service provider has the comparable bench of professionals, best practices, process controls, and global experience we use to address your real estate project management needs. You gain instant access to a team selected specifically to meet your objectives; they are armed with expertise in interior build-out, move management, commercial real estate operations, occupancy planning, engineering, architecture, and construction. Our collaborative approach is run by a dedicated project manager who serves as your single point of contact and ensures accountability.
We understand that retail offerings and clients needs are constantly changing. Whatever the scope, we will work with you to set measurable goals and accomplish them together.
Vequity adds value through the opportunistic acquisition and subsequent development or redevelopment of land and buildings in high-quality urban and suburban locations. Prior to acquisition, the company identifies creative solutions that address the fundamental real estate attributes of the asset.
Driven by both in-depth local insights and a global perspective, we deliver innovative, customized investment strategies, superior execution and a high success rate.
Vequity’s construction management services support our clients by assisting contractors in delivering high-quality projects, on time and within budget. Pressure is increasingly falling on owners to deal with complex construction issues from value engineering to bidding, contractor selection to change orders. Vequity’s significant experience dealing with these issues and efficient processes ensure on-time/on-budget delivery.
Vequity’s property management professionals are superb agents for their buildings and for those who inhabit them. Our innovative and rigorous commercial asset management strategies help real estate owners reduce their operating costs and enhance property values while maintaining a superior work environment for tenants. Our expertise in tenant coordination, engineering services, security, energy management, and sustainability practices helps ensure long-term tenant satisfaction.
|Design Pointe – Naperville, IL||Caribou Coffee, Smashburger, Jersey Mikes – Arlington Heights, IL||Aspen Dental, Smashburger, Cocomero Yogurt – Bloomington, IL||Bedding Experts – Calumet City, IL|
|7Eleven – Chicago, IL||The Fresh Market – Glen Ellyn, IL||O’Reilly Auto Parts – Chicago, IL||Subway – Chicago, IL|
|Tilted Kilt – Indianapolis, IN||Tilted Kilt – Fort Wayne, IN||Tide Dry Cleaners – Naperville, IL||Tide Dry Cleaners – Glen Ellyn, IL|
|Zoned DX-17 – Chicago, IL (coming soon)||Checkers Drive-In Restaurant (#1) – Chicago, IL (Completed)||Sleep Number by Select Comfort – Chicago, IL||4800 N Clark, Chicago IL|
|Oak Brook Promenade – Oak Brook, IL||Checkers Drive-In Restaurant (#2) – Chicago, IL (Completed)||4756 N Clark, Chicago IL||Checkers Drive-In Restaurant (#3) – Chicago, IL (Completed)|
|Checkers Drive-In Restaurant (#4) – Bellwood, IL (Completed)||Checkers Drive-In Restaurant (#5) – Chicago, IL (Under Construction)||Checkers Drive-In Restaurant (#6) – Chicago, IL (Under Construction)||Checkers Drive-In Restaurant – (#9) Broadview, IL (Recently Completed)|
|Checkers Drive-In Restaurant (#8) – Maywood, IL (Recently Completed)||The Fresh Market Outlot – Wheaton, IL (Under Construction)||939 W Armitage, Chicago, IL (New Acquisition)||2450 N Milwaukee, Chicago, IL (New Acquisition)|
|Checkers Drive-In Restaurant (#7) – Chicago, IL (Under Construction)||290 N Randall Rd, Lake in the Hills, IL (New Acquisition)||1924 N Milwaukee, Chicago, IL (New Acquisition)||1550 E Lincoln HWY, Merrillville, IN (New Acquisition)|
|Education||Michigan State University – BS, Urban Planning & Development|
|Real Estate Investment & Development|
Ryan is a principal and founder of Vequity LLC. Prior to Vequity, Ryan served as market leader and partner for SRS Real Estate Partners for the company’s Midwest division. From 2000- 2008 he helped fuel the growth of NAI Hiffman as partner and Managing director of the retail brokerage group. In 2008 Mr. Murphy was awarded the NAI Global Council Leadership Award for his role as Chairman. Other awards include – Real Estate Chicago’s 40 under 40 and Costar’s Power Broker. Ryan has developed over $200,000,000 in retail real estate over his 20 year career managing every aspect of the site selection and development process.
|Education||Bradley University – BA, Advertising / Communications|
|Real Estate Investment & Development|
Chris Ilekis is a Principal in Vequity’s Chicago office. Chris has concentrated in retail real estate transactions since 2003, and has extensive experience in retail real estate site selection and development services.
Utilizing knowledge and experience in all aspects of the industry including development, design, finance, construction, and legal, Chris has represented over 350 lease and sale transactions for national and local clients. Chris has expertise in representing retailers and landlords, understanding the perspectives and demands of both parties. Chris assists national retailers to achieve their growth requirements by applying his substantial knowledge in the site selection process for multi-unit expansion.
Chris specializes in developing value added retail opportunities for national retailers including new construction build-to-suit (single/ multi-tenant), infill redevelopment, and existing shopping center and building renovation. Over the past two years, Chris has developed numerous retail projects valued at approximately $40 million.
Prior to joining Vequity in 2010, Chris was a Partner in SRS Real Estate Partners Chicago office since 2008. Before SRS, Chris was in the Retail Brokerage Division of Oakbrook-based NAI Hiffman for five years.
|Education||Harvard University – BA|
|Financial analysis, construction and development management, tenant coordination|
Max Odom joined Vequity in 2013 with over ten years of experience in real estate investment, development and management.
Prior to joining Vequity, Max was co-founder and Vice President with Icon Secure Storage, a self-storage development and management firm. While at Icon Secure Storage he was responsible for all aspects of the development cycle, including acquisition, predevelopment, development, construction and post-construction management.
Prior to Icon Secure Storage, Max worked for RCG LLC, a real estate investment, management and development firm located in Somerville, MA. While at RCG, Max was deeply involved with numerous aspects of the firm, including development, construction, accounting, financing, and management of mixed-use developments in and around the Boston Metropolitan Area.
Max received his Bachelor of Arts from Harvard University where he was a four year member of the wrestling team and a two-time NCAA qualifier.