Robert Colantonio, MAI, MRICS joined Newmark’s Valuation & Advisory in 2017 as a Senior Vice President and industrial property valuation leader for Illinois, Missouri and Kansas. Based in the firm’s Chicago-O’Hare office, Colantonio provides valuation services and leads a staff of industrial appraiser professionals who provide valuation services throughout the Midwest.
A highly experienced appraiser with 30+ years in the business, Colantonio has prepared and performed valuations and market analyses on a broad range of properties that include mega-warehouse, manufacturing, general industrial warehouse and flex industrial facilities, regional, neighborhood and community shopping centers, single-tenant retail, low-to-high rise office buildings, apartment complexes, and mixed-used developments, as well as vacant land. Additionally, Colantonio has performed specialized real estate valuation and market studies on auto dealerships, restaurants, bank branches, manufactured home communities, live theaters, convenience stores, medical offices, regional malls and residential land subdivisions.
Colantonio has completed valuations and market studies on proposed, partially completed, renovated and existing properties. He has carried out valuations for mortgage financing, use-value, tax appeal, investment counseling, real estate allocation, potential sale or purchase, leasehold and rental analysis, and feasibility analysis. Clients have included commercial banks, developers, corporations, individual property owners, public agencies, insurance companies and legal firms.
Prior to Newmark, Colantonio served as a Senior Director in the Chicago office of Cushman & Wakefield for over 16 years. Prior to Cushman & Wakefield, Colantonio worked as an independent fee appraiser in the Chicago area.
Professional Affiliations
- Former Regional Representative, Appraisal Institute, Chicago Chapter
Licenses and Designations
- MAI designation, Appraisal Institute
- Member of the Royal Institute of Chartered Surveyors
- Certified general real estate appraiser, states of Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Michigan, Minnesota and Wisconsin
Education
Colantonio earned a Bachelor of Business Administration degree in Economics from Loyola University of Chicago.