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David  Ariola, SIOR

Illinois License: 471007421

David Ariola
SIOR

President

Chicago Realty Company

227 W Monroe St Ste 5200, Chicago, IL 60606-4900

Market
Chicago
Specialty
Office Specialist
Member Since
2014
Chapter
SIOR Chicago Chapter
Areas of Practice
Investments, Tenant Representation, Sale/Leasing
Accreditations
City of Chicago Community Development Commission, Mayoral appointment, Secretary, 2000 to 2009. •The Economic Club of Chicago, Reception Committee Chair • Board of Directors, Kellogg Alumni Club of Chicago (KACC) • Board of Directors, Rush University Medical Center Associates Board, Facilities Committee• Facilities Committee, Frances Xavier Warde School • Board of Directors, Chicagoland Entrepreneurial Center, 2003 - 2009 • Mentor, Kellogg Graduate School of Management
As the founder and president of Chicago Realty Company, David is responsible for managing, growing and setting the strategic direction of the firm. CRC’s entrepreneurial structure allows David to actively manage all client assignments and investments. His specialties Include:

• Tenant Representation: David is a specialist in downtown and suburban Chicago tenant representation. Representative clients include Mercy Housing, MB Financial Bank, and law firm Rakoczy Molino Mazzochi Siwik’s new 36,000 sf HQ.

• Brokerage /Consulting Services: David has performed every type of commercial real estate transaction including office and retail leasing, dispositions and acquisitions. Representative clients include portfolio management and leasing for Metra and master planning for a 110-acre site in IA for a religious order.

• Owner Representation: David has personally managed development projects from inception through design and construction management valued at over $1 billion from high-rises to industrial expansions.

• Incentives: David has a comprehensive understanding of complex financing structures including TIF, tax credits and other governmental incentives and the ability to properly implement these programs for developers and tenants.

• Investments: David leads CRC Capital which offers commercial real estate investment opportunities to investors.

David’s clients have found that his project management expertise provides a perspective that results in better transactions with well designed, more efficient space that meets their long term needs.

David lives in Chicago’s Bucktown neighborhood with his wife and two children. He is an avid cyclist, skier, yogi and reader.
  • • Licensed Illinois Real Estate Managing Broker, Illinois Department of Professional Regulation • Registered Representative Series 22 and 63 Direct Participation Programs (DPP), FINRA
  • • Certificate from the Advanced Management Development Program for Real Estate at the Harvard Graduate School of Design
  • • MBA from Northwestern University’s Kellogg School of Management
  • • B.S. in civil engineering from the University of Illinois at Champaign/Urbana
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Office Member Oversight Group
  • Role : Member
  • Begin Date : 10/1/2017
  • End Date : 10/1/2019
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