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Scott Patrick, Director

Scott Patrick

Director

Valuation and Advisory Services

Scott Patrick Director
Valuation and Advisory Services
Oak Brook 700 Commerce Dr
Suite 450
Oak Brook, IL 60523

Professional Experience


J. Scott Patrick, MAI, CCIM, is a Director with over 30 years of real estate valuation and consulting experience. Mr. Patrick is in the Valuation & Advisory Services Group’s Chicago and Suburban Chicago (Oak Brook) offices in the Midwest Region, with the primary geographical concentration being the greater Chicago Metro area and the State of Illinois.

Mr. Patrick is a member of the CBRE’s Office Valuation Practice, specializing in the valuation and analysis of institutional grade office properties. In addition, Mr. Patrick has experience providing portfolio valuations, third party appraisal reviews, market studies, rent analyzes, feasibility studies, and litigation support. Mr. Patrick’s experience encompasses a wide variety of property types including CBD and suburban office properties, development sites, parking structures, super-regional malls, life-style centers, power centers, mixed-use assets, as well as industrial and multi-family properties.

Representative assignments have included: Willis Tower, Aon Center, John Hancock Center, 300 N LaSalle, 1K Fulton, Prudential Plaza I & II, AMA Plaza, 401 N Michigan Avenue (including The Apple Store), Citadel Center (131 S Dearborn), 333 W Wacker, Oakbrook Center Mall, Water Tower Place, and Woodfield Mall.
Prior to joining CBRE, Mr. Patrick was Vice President - Asset Management of Rubicon Advisory, LLC, the managing entity for Rubicon US REIT and Rubicon America Trust. While at Rubicon, Mr. Patrick oversaw the asset management and operation of a 34 property, $1.3 billion commercial real estate portfolio comprised of 5.5 million SF of office properties and a single 1.0 million SF industrial facility. Geographically diverse, the portfolio was predominantly (85%) leased to federal (GSA) and state governmental agencies.

Prior to Rubicon Advisory, Mr. Patrick was Senior Manager for Allstate Investments, LLC, a wholly owned subsidiary of Allstate Insurance. At Allstate, Mr. Patrick’s primary responsibilities included management of the collateral valuation process associated with Allstate’s $9.5 billion, 950-loan, commercial mortgage portfolio.

Prior to Allstate Investments, LLC, Mr. Patrick was Managing Director of Integra Realty Resources – Chicago.

 

Professional Affiliations/Accreditations


  • Appraisal Institute – Designated Member (MAI No. 10314)
  • CCIM Institute – Certified Commercial Investment Member (CCIM No. 13381)
  • Certified General Real Estate Appraiser – State of Illinois (No. 553.000226)
  • Certified General Real Estate Appraiser – State of Indiana (No. CG69201482) 
  • Licensed Real Estate Broker (Managing Broker) – State of Illinois (No. 475090543)
 

Education


  • Indiana University, Bloomington, IN, Bachelor of Science, Business; Real Estate Administration
   

Clients Represented


  • Allianz Real Estate
  • Allstate Insurance Company
  • American Landmark Properties
  • AustralianSuper
  • Deutsche Bank
  • Eastdil Secured
  • Hines Interests
  • GlenStar Properties
  • Great West Financial
  • Heitman Financial

  • JPMorgan Chase
  • The John Buck Company
  • Mesa West Capital
  • Metropolitan Life Insurance Company
  • NewTower Trust
  • Next Realty
  • Principal Real Estate Investors
  • PGIM Real Estate
  • Walker & Dunlop
  • Walton Street Capital

Scott Patrick Director
Valuation and Advisory Services
Oak Brook 700 Commerce Dr
Suite 450
Oak Brook, IL 60523