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OhioOffice

Commercial Real Estate Hall of Fame profile: Newmark Knight Frank’s Jelepis represents the class of Cleveland real estate

February 8, 2018
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Each year, Midwest Real Estate News elects the top CRE professionals into its Commercial Real Estate Hall of Fame. This year, we are running those profiles online, too. Here is a look at the busy career of Alex Jelepis with Newmark Knight Frank.

Alex Jelepis Executive Managing Director Newmark Knight Frank Cleveland

The class of Cleveland: Alex Jelepis, executive managing director of Newmark Knight Frank/Cleveland, has focused almost entirely on representing top-of-the-market Class-A office assets in the Cleveland Central Business District, including such notable buildings as 200 Public Square, One Cleveland Center and US Bank Centre.

Jelepis represented 200 Public Square, a 1.3-million-square-foot, 45-story trophy office tower, for 16 years. During this period, he leased in excess of 800,000 square feet, including re-branding the building in 2009 for Huntington Bank, which he had signed to a 20-year, 100,000-square-foot lease, the largest downtown lease consideration since 1991.

A consistent producer: Jelepis had been among the top 20 percent nationally for 20 straight years at Grubb & Ellis before its acquisition by Newmark in 2012. He was a consistent top five Grubb & Ellis/Newmark Knight Frank producer in Cleveland for more than two decades, and a five-time Circle of Excellence honoree.

“I really love to meet people, and continue to be fascinated by the different types of businesses that exist and which are emerging along with the dynamic individuals who drive these businesses with passion and energy,” he said.  “I would like to believe that any successes which I have achieved are due nearly entirely to my innate people skills, and the drive to want to create enduring value for clients who have provided their trust and confidence in my skill set and experience.”

Expanding his reach: Jelepis has supplemented his extensive downtown Cleveland expertise with western suburban office leasing, having represented landlords and tenants in leases and office dispositions during the last 26 years. Jelepis has leased and/or sold transactions of more than 351,000 square feet of office space in that submarket, an accomplishment unmatched by his peers.

His clients have included Equity Office, Behringer Harvard, Harbor Group International, Cliffs Natural Resources, Huntington Bank, PriceWaterhouse Coopers, Northern Trust McKinsey, GSA, LNR, Accenture, JPM Chase and Wells Fargo Brookfield Opportunity REIT.

Giving back: Jelepis, with his wife Ricka, organized an aggressive campaign in early 2012 in support of The Leukemia and Lymphoma Society, which raised $62,637. He and his wife Ricka were recognized with a research grant in their name that directly extended Leukemia and Lymphoma research projects, and a society nomination as Man and Woman of the year. He is also involved with fundraising for other organizations, including The American Heart Association and The Alzheimer’s Association.

Each year, Midwest Real Estate News elects the top CRE professionals into its Commercial Real Estate Hall of Fame. This year, we are running those profiles online, too. Here is a look at the busy career of Alex Jelepis with Newmark Knight Frank.

 

Alex Jelepis Executive Managing Director Newmark Knight Frank Cleveland

The class of Cleveland: Alex Jelepis, executive managing director of Newmark Knight Frank/Cleveland, has focused almost entirely on representing top-of-the-market Class-A office assets in the Cleveland Central Business District, including such notable buildings as 200 Public Square, One Cleveland Center and US Bank Centre.

Jelepis represented 200 Public Square, a 1.3-million-square-foot, 45-story trophy office tower, for 16 years. During this period, he leased in excess of 800,000 square feet, including re-branding the building in 2009 for Huntington Bank, which he had signed to a 20-year, 100,000-square-foot lease, the largest downtown lease consideration since 1991.

A consistent producer: Jelepis had been among the top 20 percent nationally for 20 straight years at Grubb & Ellis before its acquisition by Newmark in 2012. He was a consistent top five Grubb & Ellis/Newmark Knight Frank producer in Cleveland for more than two decades, and a five-time Circle of Excellence honoree.

“I really love to meet people, and continue to be fascinated by the different types of businesses that exist and which are emerging along with the dynamic individuals who drive these businesses with passion and energy,” he said. “I would like to believe that any successes which I have achieved are due nearly entirely to my innate people skills, and the drive to want to create enduring value for clients who have provided their trust and confidence in my skill set and experience.”

Expanding his reach: Jelepis has supplemented his extensive downtown Cleveland expertise with western suburban office leasing, having represented landlords and tenants in leases and office dispositions during the last 26 years. Jelepis has leased and/or sold transactions of more than 351,000 square feet of office space in that submarket, an accomplishment unmatched by his peers.

His clients have included Equity Office, Behringer Harvard, Harbor Group International, Cliffs Natural Resources, Huntington Bank, PriceWaterhouse Coopers, Northern Trust McKinsey, GSA, LNR, Accenture, JPM Chase and Wells Fargo Brookfield Opportunity REIT.

Giving back: Jelepis, with his wife Ricka, organized an aggressive campaign in early 2012 in support of The Leukemia and Lymphoma Society, which raised $62,637. He and his wife Ricka were recognized with a research grant in their name that directly extended Leukemia and Lymphoma research projects, and a society nomination as Man and Woman of the year. He is also involved with fundraising for other organizations, including The American Heart Association and The Alzheimer’s Association.

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