Ryan Companies US, Inc. promoted Eric Nordeen to president of the Great Lakes region.
Nordeen is replacing Jim McDonald who is transitioning to divisional president. In his role as regional president, Nordeen will oversee all real estate development and construction in the six-state area that comprises the company’s Great Lakes region.
With offices in Chicago, Westmont and Milwaukee, Ryan’s Great Lakes region currently has more than 1.5 million square feet of active projects touching several of the company’s key sectors including healthcare, industrial, multifamily, and senior living.
Nordeen joined Ryan as vice president of real estate development in September 2021 with more than 20 years of experience in real estate development and capital markets. His focus has been building business across all of Ryan’s sectors in the state of Wisconsin. Prior to Ryan, Nordeen was principal of Ascendant Holdings, a company he co-founded in early 2010.
In his new divisional president role, Jim McDonald will oversee Ryan’s West, Northwest and Great Lakes regions. McDonald joined the company more than 23 years ago – migrating from construction to development – and has played an integral role in high-profile regional projects across all sectors.
During his time as leader of the Great Lakes region, McDonald successfully led the effort to diversify the regional team, business and geographic footprint. Offices were established in Milwaukee, Westmont, Ill. and Chicago, and the Great Lakes teams are currently developing and building projects throughout the region.
In 2022, Crain’s Chicago Business recognized Ryan as the No. 5 best place to work in the large company category. McDonald will work closely with the West and Northwest regions to identify growth opportunities and sustain a competitive edge in those markets.