Peter Caruso is the Agency Leasing Lead for the Chicago/Midwest Market, where he is responsible for the administration and management of retail brokers and provides strategic planning and evaluation of remerchandising and redevelopment of properties.
He has a strong knowledge of marketing, development and management to better assist clients in achieving their overall asset and corporate goals. His success and strong experience in agency leasing has enabled him to develop and maintain significant client relationships at the national, regional and local level.
Peter has more than six years of diverse real estate knowledge in property leasing, acquisition, due diligence, valuation, lease restructuring and tenant representation. He has wide reaching experience as a real estate advisor to retailers, attorneys, lenders and restructuring professionals.
During his career, he has represented national retailers in rollouts throughout the Chicago MSA as well as lease-related services with local developers and institutional buyers.
Previously, Peter served as Vice President at Mid-America Real Estate Corporation where he focused primarily on landlord representation and agency leasing.
In less than two years, he helped build Mid-America’s agency leasing portfolio to nearly 60 projects totaling five million square feet. The portfolio ranged from ground-up developments to neighborhood, power and lifestyle centers.
His representative clients have included Developers Diversified Realty, Acadia Realty Trust, Simon Property Group, Aldi Corp., Fitness International, North Rock Real Estate, Seritage Development (an affiliate of Sears/Kmart), TCF Bank and Inland Real Estate.
His additional real estate experience includes working at InterContinental Real Estate Development where he focused on shopping center leasing, tenant representation, acquisitions, dispositions and property management.
He also worked at Metro Commercial Real Estate where he was responsible for market research, lease negotiations and site selection.
Peter earned a bachelor of science degree in business administration from DePaul University.
He is an active member of the International Council of Shopping Centers (ICSC). He also holds a real estate license in the state of Illinois.