Randy Petri, CIPS
Senior Commercial Broker
For over 40 years, Randy Petri of Caton Commercial Real Estate Group has been involved in site selection for chain store retailers as both a company representative and as a licensed real estate broker. He has been responsible for the concept, design, acquisition, permitting, construction, and tenant lease negotiation for dozens of retail establishments and neighborhood shopping centers.
Randy Petri has done consulting work on annexation and zoning issues and managed PUD approvals. He has supervised environmental remediation projects and negotiated development agreements with municipalities. Randy Petri has gained TIF reimbursement when it was applicable to save projects that were not otherwise viable.
Randy Petri has worked with sales projections and ROI formats from the retailer’s perspective and pro-forma models in the development arena. Randy performed the duties of a property manager, controlling as many as 65 store locations for a multinational corporation, and he has managed shopping centers for an individual entrepreneur.
Randy brings concern for his client’s long term profitability to every job, his breadth of experience being his greatest asset to his associates.
Education:
- Bachelor of Science, Western Illinois University
Primary License ID:
- 475.134056
Primary License State:
- IL
Expertise:
- Retail Tenant Representative
- Retail Portfolio Realignment
Market Areas:
- Chicago Metropolitan Area
- Chicago Southwest Suburbs