James E. Schutter Joins Newmark

Industry veteran James E. Schutter has joined Newmark as a senior managing director in the global real estate services firm’s Chicago office, where he is heading a team working on retail property representation throughout the Chicagoland region.

Prior to joining Newmark, Schutter served as a vice president of M & J Wilkow Retail Brokerage services in Chicago, where he was in charge of retail project leasing, tenant representation and sales. He went to M & J Wilkow in 1997 after eight years with the Chicago office of CB Richard Ellis, where he also focused on retail leasing, sales and tenant representation.

Holder of an MBA degree from DePaul University, Schutter also earned a BA degree from Western Kentucky University. He holds the CCIM designation from the Commercial Investment Real Estate Institute, and is a former president of the organization’s Illinois chapter.

“Jim is an accomplished professional with a track record of success in all aspects of retail real estate,” said Newmark Principal and Midwest retail division head Gregory Kirsch. “He’s a top-flight addition to our growing team, and he will be of great benefit to clients as they seek to capitalize upon opportunities in today’s market.”

Throughout his career, Schutter has represented a wide range of retail property owners from the entrepreneurial developer to the large institutional owner, including such companies as GE Capital, Manulife Financial, Prudential, Marc Realty, Intercontinental Real Estate and Cargill. He has also completed lease negotiations with a wide variety of retail tenants from small shop to anchor tenants, including such companies as Noodles, Panera Bread, Trader Joe’s, US Cellular, Bed Bath & Beyond, Bank of America, Michaels, Home Depot and Jewel Foods.

Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank Newmark operate from over 196 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $47.6 billion with annual revenues of over $962 million. With a combined staff of more than 6,900, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.