Mike Yungerman, Chicago industrial real estate, Chicago industrial developer

Mike Yungerman

Executive Vice President & General Manager

Opus Development Company, L.L.C.

Mike is responsible for the leadership, development and overall management of the Chicago, Indianapolis and Kansas City offices and associates. His primary responsibilities include overseeing active projects and the pursuit of development opportunities in Illinois, Indiana, Ohio, Wisconsin, Michigan, Kansas and Missouri. Mike plays an integral role in defining and executing current strategies and future growth plans for the region.

Over his 25-year commercial real estate career, Mike has completed more than 22-million-square-feet of industrial, office and medical projects, valued at over $1 billion with high-profile clients, such as ConAgra Foods, Hewlett-Packard, Macy’s and Electrolux.

Over the past two years, the Opus team that Mike manages has developed over 500 market-rate apartment units, 1,000 student housing beds and 2.4-million-square-feet of industrial space.

Mike has negotiated and managed many of Opus’ joint venture projects with partners such as Northwestern Mutual, USAA Real Estate Company, AEW Capital Management, Carlyle, Principal, Berkshire and Founders Properties.

Mike holds a Master of Business Administration in real estate finance from DePaul University and a Bachelor of Applied Science in construction management from Western Illinois University. He is a member of NAIOP, the Association of Industrial Real Estate Brokers and the Society of Industrial and Office Realtors (SIOR).

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