Daniel T. Dolan, president of Dolan & Murphy, Inc. and Bill Caton, CEO of Caton Commercial Real Estate Group, announced that the two family-founded companies will collaborate, operating under the Caton Commercial company umbrella.
The move will afford the combined teams of 23 real estate professionals the ability to leverage the specialties of each firm and maximize their multiple affiliations and resources to support client goals on local, state, national and international levels. Daniel T. Dolan, Brian K. Dolan, Ryan J. Dolan, Daniel J. Dolan, and J.D. Dolan will join Caton’s 17 top commercial real estate brokers as the Dolan & Murphy Team.
“This effort has taken shape over the past 12 months and the result combines our team’s 180 years of collective experience with that of Caton’s,” said Brian K. Dolan.
Cheryl Kessler, administrative director, and Kayla Steiner Graw, administrative assistant, will continue to support the efforts of the Dolan & Murphy Team.
Both teams have extensive experience in the Chicago suburban market, specializing in the retail, multifamily, office, land and industrial sectors, with an extensive focus throughout the west suburban marketplace. In addition, Caton Commercial expanded to downtown Chicago in 2018 with its co-living project Quarters.
The Dolan-Murphy/Caton alliance supports several long-term initiatives: creating a comprehensive industrial services division to assist landlords, tenants and investors; expanding the depth of services to retail businesses as they reposition in today’s evolving retail and e-commerce environment and expanding Caton’s existing Property Management Services division.
“The significant expansion in e-commerce, logistics and manufacturing creates a need for strategic commercial real estate partners to help businesses navigate this fast-paced environment,” said Brian K. Dolan. “By leveraging our collective industrial knowledge and depth of relationships in this important sector, we are well positioned to deliver strong results for clients and continue to grow our market share.”