redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard

William J. Novelli, Jr.,CCIM

Senior Vice President

William J. Novelli, Jr.

Senior Vice President
+1 630 5737084
+1 630 2403859
+1 630 5737018

Oak Brook

700 Commerce Dr
Suite 450
Oak Brook, IL 60523
630-573-7000

Professional Experience

Mr. Novelli joined the Oak Brook office of CBRE in 1982.  He has been a past  member of CBRE Global Institutional Group specializing in institutional and private capital office market transactions. Mr. Novelli’s experience includes over $2.7 billion in transactions, client dispositions, joint ventures, and structured sales. His commercial real estate career experience has covered over 39 years in various capacities and assignments, both locally and nationwide.

Prior to re-joining the Oak Brook office, Mr. Novelli was Managing Director of the Chicago O'Hare office from 1986 to 1991. Prior to CBRE, Mr. Novelli spent six years as a principal in a construction and development company, specialising in commercial and industrial properties.

  • CBRE "Worldwide Team Award", 1999
  • Chairman's Club Member, 1993 through 2006
  • Top 20 National Commercial Investments, 2001 
  • Colbert Coldwell Circle Member, 1995, 1998
  • Top 5 Ranking-Oak Brook Office, 1993 to 2002
  • Top 10 Ranking-Investment Properties-Midwest Region, 1993 to 2001, 2003, 2004 
  • Advisory Board Member, Institutional Group, 2001, 2002, 2003
  • NAIOP Chicago Suburban Office Investment Sale Of The Year winner for 2006, 2007, 2008


Professional Affiliations / Accreditations

  • Commercial Investment Real Estate Institute (CCIM designation)
  • National Association of Industrial and Office Properties (NAIOP)
  • National Association of Realtors (NAR)

 

Education


  • University of Illinois at Chicago - Architectural Design
  • Illinois State Real Estate Managing Broker License

 

Significant Assignments

 

  • Advocate Portfilio | Suburban Chicago, IL | $82,000,000
  • Duke Portfolio  |  Cleveland, OH  |  $135,000,000
  • Central Park of Lisle  |  Lisle, IL |  $106,400,000
  • Mid America Plaza  |  Oak Brook, IL |  $  99,500,000
  • Woodfield Corporate Center  |  Schaumburg, IL |   $  95,500,000
  • Zurich/Kemper  |  Lisle, IL  |  $65,000,000
  • Atrium Corporate Center • Rolling Meadows, IL  |  $  62,100,000
  • Advocate Health Care Portfolio  |   Chicago, IL  |   $  62,000,000
  • State Teachers of Ohio Portfolio  |  IL  |   $  52,000,000
  • New York Life • Grand Rapids, MI  |   $  50,000,000
  • Metropolitan Life • Farmington Hills, MI  |  $  45,000,000
  • Lennar Partners  |  Des Plaines, IL |  $  44,000,000
  • Manulife Financial  |  Itasca, IL  |  $  33,800,000
  • MetroWest Office  |  Naperville, IL (3 times)  |  $  33,400,000
  • Pizzuti Development  |  Bannockburn, IL |  $  31,700,000
  • 2000 York Raod | Oak Brook, IL | $8,000,000

Clients

  • ACG Equities 
  • Alliance Commercial Partners
  • Arthur Goldner Associates
  • American Landmark Properties
  • BlackRock
  • Bontell/Kennedy Associates
  • BROE Company
  • CalPERS  
  • CBREI Investors
  • Crow Investment Trust
  • Duke Realty
  • GlenStar LLC
  • Heitman Financial
  • Hines Interest
  • KBS Realty Advisors
  • Lincoln Property Company
  • Marc Realty
  • Mass Mutual/Cornerstone
  • Metropolitan Life
  • Opus North Corporation
  • Principal Financial
  • Pritchett Realty
  • REM Builders
  • ROC Properties
  • Spear Street Capital
  • TA Realty Associates
  • True North Investments
  • Westminster Funds

William J. Novelli, Jr.

Senior Vice President
+1 630 5737084
+1 630 2403859
+1 630 5737018

Oak Brook

700 Commerce Dr
Suite 450
Oak Brook, IL 60523
630-573-7000