Press Release: Equity Opens Office Location in Chicago
May 24, 2021
For Immediate Release
Executive Vice President of Brokerage
Chicago, IL – May 24, 2021 – Equity, a national, full-service commercial real estate firm, continues to grow as it expands to Chicago, its newest location and second new market of 2021.
Equity provides complete, professional development, construction, brokerage, property management, and asset management services. The Chicago office is the firm’s 9th physical location, opening shortly after its Atlanta office in April 2021.
When Equity was founded in 1987, Chicago was on Equity’s Founder and CEO, Steve Wathen’s mind.
“I have always viewed Equity as a national company, and we’ve done transactions in 46 states,” Steve Wathen said. “Opening our 9th office in our 5th state is further progress towards our physical presence as a national player.”
“The Chicago team brings a level of sophistication and expertise to our team that I’m very excited about,” Austin Wathen, Executive Vice President of Brokerage at Equity, said. “The way this team utilizes technology to sell and build client relationships is something we haven’t seen before and creates a unique differentiation in the marketplace.”
The Chicago office will be led by Bob Palffy, who has over 35 years of commercial real estate experience in the Chicago market.
“Equity enables us to practice no-conflict office tenant representation while also providing the expertise, knowledge and perspective of building ownership through its full-service suite of development services for retail, location specific, and mixed-use clients,” said Bob Palffy, Equity’s new Managing Principal.
Equity is a full-service commercial real estate company that provides complete, professional development, construction, brokerage, property management, and asset management services. With nine office locations, the firm serves clients and handles transactions nationwide.