Michelle Olenick
Realtor at Kentwood Real Estate- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Experience
-
Kentwood Real Estate
-
United States
-
Leasing Real Estate
-
100 - 200 Employee
-
Realtor
-
Mar 2023 - Present
With 24 years of experience of institutional ownership, business plan development and execution, repositioning, financial analysis and management experience, I am excited to start my new career as a Realtor with Kentwood. With 24 years of experience of institutional ownership, business plan development and execution, repositioning, financial analysis and management experience, I am excited to start my new career as a Realtor with Kentwood.
-
-
-
Cushman & Wakefield
-
United States
-
Real Estate
-
700 & Above Employee
-
Associate Director
-
Sep 2021 - Mar 2023
-
-
-
Hines
-
United States
-
Real Estate
-
700 & Above Employee
-
General Property Manager
-
Jan 2008 - Jun 2021
General Manager for $700M asset, located in Century City, the State Board of Administration of Florida’s largest single office investment. Involved in all aspects of asset management including: - Strategic repositioning of 1971 constructed asset to remain competitive in demanding market and maintain 95% tenant retention rate. - Strategized with Ownership on design, scope and cost benefit of critical capital projects including high-end fitness facility, 10K SF of outdoor creative use space, on-site Central Plant, and point of arrival to building’s motor court and south plaza lobby entrance. - Achieved 99% leased status with competitive deal structures totaling 620K SF in a market that averaged 85%. - Ensured execution of $80M tenant improvement and capital projects, and 98K SF asbestos abatement. - $25M increase in asset value by controlling recoverable operating expenses. - Led team of 55 employees and collaborated successfully with Hines management, Ownership, Heitman, lender, leasing team, local government, legal, tenants and vendors. - Won new 350KSF assignment and 25K square feet tenant due to successful relationships and management. - Relationship-based approach, strong negotiating skills and adaptability to pressing challenges resulted in 95% of tenant paying rent during COVID-19 and effective work-from-home and re-occupancy operations. - Achieved LEED Platinum certification in a 1971 constructed building.
-
-
-
CBRE
-
United States
-
Real Estate
-
700 & Above Employee
-
Real Estate Manager
-
May 2006 - Jan 2008
Real Estate Manager for JP Morgan asset - Managed $39M operating expense and $17 million garage budgets, under budget. - Assisted with repositioning of the Towers, which included a $30M capital improvement project, including main lobby renovations, carriage lot and exterior hardscape. - Led property staff of 145 employees – property management, engineering, janitorial and parking vendors. - Evaluated existing operations and implemented best of class procedures. Real Estate Manager for JP Morgan asset - Managed $39M operating expense and $17 million garage budgets, under budget. - Assisted with repositioning of the Towers, which included a $30M capital improvement project, including main lobby renovations, carriage lot and exterior hardscape. - Led property staff of 145 employees – property management, engineering, janitorial and parking vendors. - Evaluated existing operations and implemented best of class procedures.
-
-
Education
-
DePaul University
-
Harvard Business School
Real Estate Management Program -
Western Illinois University
-
DePaul University
Bachelor’s of Science