Flexible workspace firm The Instant Group has hired Nestor Eliadis firm as Americas chief operating officer and chief financial officer. He will be based in the firm’s new Chicago office, working alongside Instant’s newly appointed CEO Americas, Joe Brady. Eliadis will lead operations and finance for The Instant Group in the Americas, a fast-growing region for the global firm.
“Nestor and I have a long history working together, and his real estate finance expertise and strategic operational oversight will be critically important to The Instant Group as we lead the way advising clients on workspace flexibility and agility in this new decade and continue to deliver on our consulting services, worldwide managed office solutions and global data on the flexible workspace market,” Brady said.
An accomplished real estate professional with more than 20 years of experience in corporate real estate and finance, real estate consulting and brokerage, project management and architecture, Eliadis most recently served at Walgreen Co. for nine years in the real estate and finance divisions. During his tenure there, he led real estate for more than 3,500 operating assets, 1,000 idle dispositions, $2 billion in sale-leasebacks, multiple organizational transformations, the acquisition of nearly 2,000 properties and scaled finance programs totaling more than $4 billion in operating expenses, $1 billion in capital expenses and $150 million in cost reductions annually.
“I am excited to join The Instant Group,” Eliadis said. “The real estate organization is driven by client solutions, grounded by fundamental economics and differentiated by industry-leading flexible workspace data and value-creating delivery partnerships. Tenants seek flexibility, agility and leverage in their real estate choices—more every day. The Instant Group’s information platform and aligned partnership model are world-class and optimal for clients.”
Founded in 1999, The Instant Group is a workspace innovation company that rethinks workspace on behalf of its clients injecting flexibility, reducing cost and driving enterprise performance. Instant places more than 11,000 companies a year in flexible workspace such as serviced, coworking or managed offices including Amazon, Amex, Barclays, Prudential, Booking.com, Shell, Jaguar Land Rover and Worldpay.