Commercial developer, David Bossy, has devoted his life and career to developing successful projects in retail, hospitality and mixed-use properties.
From 1977, David Bossy has utilized his ever-growing expertise to take the commercial market by storm. Within the last 40 years, Bossy has received recognition as one of the most enterprising retail property brokers in Chicago. This label has come from his unparalleled focus, grit, and desire to build security for businesses and companies as well as entrepreneurs, building owners and landlords. The commercial real estate market is rising despite numerous periods of economic insecurity, and developers like Bossy have used their experience and knowledge to move it onward.
David Bossy is presently employed by two investors from Israel and Switzerland to recondition and repurpose a 24-story building in the Chicago area. The building was recently purchased for roughly $87 million from Macerich Co., who purchased it in 2012. Bossy and the new owners of the tower are planning on repurposing the building into new and upgraded office space. Not much is known of the Switzerland investor, but the Israel financier has been identified as the Schapira family, based in Tel-Aviv, whose real-estate assets range from Prague, in the Czech Republic, through Germany. Bossy’s knowledge and extended track record, in the Chicago area has given him access to such high valued developments.
The Chicago Sun-Times named Bossy their "Retail Broker of the Year" in 1997. In the subsequent years, Bossy has continued to work toward distinction in the commercial and retail real estate markets. This does not only give companies retail and commercial space in which to locate and develop their businesses, but it increases the value of those who are trying to build portfolios in the commercial real estate sector. It’s an overall win for the Chicago area.
David Bossy is the co-founder of Mid-America Real Estate Corporation and Mid-America Development Partners, both created in 2001. As the leading innovator in the model of tenant brokerage in the retail field, and with clientele base well over 100 national and regional chains, Bossy has established a special brand of commercialism that will prove useful moving onward. As Bossy continues to advance tenant brokerage model, he will help a greater number of companies and businesses own buildings outright or, have access to rental options. This in turn will allow the businesses to no doubt reach a wider a wider audience.
There is a sum of current plans on which Bossy is focused. Bossy has personally been involved in planning and leasing retail centers that coms up to more than 35 million square feet to date. Moreover, Bossy has assisted several notable national retailers in executing development plans within the greater Chicago area to postulate continuing prospects for the residents of that city. This is will remain a focus into the future, as Bossy continues to help developers and businesses move forward with their set goals.
Multiple high-profile projects and numerous retail and financial properties seeking expansion are in the near future for Bossy and his team. Bossy will directly be a part of many of these projects and properties. As he continues to work with the people of the Chicago area to bring in new opportunities, Bossy will also further develop existing projects to reach their full potential. These future projections demonstrate the shrewdness of Bossy's focus and his level of expertise, both of which are continually called upon to meet the increasing demands of a burgeoning and changeable real estate market.
Related Links
Chicago Tribune
Heartland Real Estate Business
Press Release Service by Newswire.com
Original Source: David Bossy Working on $87 Million Project
