Opus is pleased to announce the recent promotion of Mike Yungerman to vice president & general manager, Opus Development Company, L.L.C., for the Chicago region. In this role, Mike is accountable for the leadership, development and overall management of the Chicago office and team, which includes associates in both Chicago and Milwaukee; active projects and pursuit of development opportunities in Illinois, Wisconsin and Michigan; and the definition and execution of current strategies and future growth plans for the region.
“I’m thrilled to have Mike’s experience, tenacity and focus in this critical role, leading both projects and people in the Chicago region,” said Dave Menke, president & CEO, Opus Development Company, L.L.C. “Mike’s performance earned him this opportunity, and I look forward to further leveraging his expertise to serve our clients and as we continue to expand our development portfolio.”
Mike brings over 23 years of commercial real estate experience to his new role, having completed more than 21 million square feet of industrial, office and medical projects throughout his career, valued at over $1 billion. He joined the Opus family of companies in 2005, and in the past 12 years has delivered numerous high-quality, cost-effective projects for a diverse client base including ConAgra Foods, HP, Maxzone Auto Parts and Renishaw, as well as multiple spec buildings including Gateway Logistics Center, Airwest 12 & 14, Rickenbacker 7 & 8, Minooka Ridge Business Center and many others.
“I’m excited to be leading such a talented team with great breadth and depth of capabilities,” said Mike Yungerman. “We are looking forward to leveraging these strengths for our clients’ benefit and expanding Opus’ presence in the greater Chicago region.”
Mike earned a B.S. in Construction Management from Western Illinois University and an M.B.A. in Real Estate Finance from the Kellstadt Graduate School of Business at De Paul University. He is an active member of NAIOP, Association of Industrial Real Estate Brokers and the Society of Industrial and Office Realtors.