Michelle Olenick

Realtor at Kentwood Real Estate
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Contact Information
us****@****om
(386) 825-5501
Location
US

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Experience

    • 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.

    • United States
    • Real Estate
    • 700 & Above Employee
    • Associate Director
      • Sep 2021 - Mar 2023

    • 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.

    • 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
    1991 - 1994
  • Harvard Business School
    Real Estate Management Program
  • Western Illinois University
    1989 - 2011
  • DePaul University
    Bachelor’s of Science

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