Stream Realty Partners, a full-service national real estate investment, development and services company, has hired Patrick Russo as managing director of Stream Chicago.
“With the addition of Patrick Russo, we’ve assembled the foundation of the team to build our presence in Chicagoland,” said Michael McVean, co-managing partner of Stream. “Just like we’ve done in other cities across the nation, Stream will be an extremely active player, and creative force, in industrial, office and data centers in Chicago.”
Russo will be responsible for building Stream’s presence in the greater Chicago market and will be asked to source, win and execute the company’s service lines of business. He will also be tasked with uncovering and executing acquisition and development opportunities and identifying, recruiting and retaining team members.
“Patrick is a proven leader in acquisitions and asset management; he will be an invaluable asset to our brokerage and management platforms as we continue to serve our growing client base in Chicago,” said Victoria Knudson, executive vice president at Stream. “We are excited to have Patrick’s leadership and expertise fully committed to the task of expanding our presence in the market.”
Additionally, Russo will help lead the strategic direction and operations of the Chicago office and expand Stream’s acquisition, development, leasing and property management platform, alongside managing director Alex Mather and Victoria Knudson.
“I’m excited to join Stream to help lead our direction in Chicago by expanding our key service lines of business,” Russo said. “Stream’s entrepreneurial spirit drives the firm and is ultimately what attracted me to partner with them. I believe in building relationships first and look forward to helping my colleagues and clients make creative and strategic real-time investment decisions.”
Prior to joining Stream, Russo was with Lincoln Property Company for more than seven years where he most recently served as vice president of acquisitions and asset management. While at Lincoln, he assisted in acquisition activities on assets with an aggregate value of over $700 million on behalf of joint venture and separate account clients. In addition, he was responsible for an asset management portfolio of more than 2.3 million square feet of commercial assets that was valued at over $500 million. Before joining Lincoln, Russo was a senior financial analyst at The Nielsen Company in their global real estate finance group.