Urban Retail Properties, LLC, is a privately held commercial real estate investment and operating company headquartered in Chicago, Illinois.  Formed over 40 years ago, Urban Retail is a national leader in the third party management of retail properties, including regional malls, power centers, community centers and big box portfolios. The Urban team’s expertise in all aspects of property management stems from an average employee tenure of 20 years, making us a strong partner. Managing both performing and distressed properties for owners requires a company who brings dedication, experience, and relationships to the table. Urban understands the sensitivities, problems and concerns of owners because we have decades of experience exclusively working for and operating as owners.

Urban’s financial strength is enhanced by its partnership with Forum Partners Investment Management, LLC.  Forum Partners is a London-based, global real estate investment and asset management firm. Forum was established as a specialist real estate investment firm in 2002 with the express objective of investing in, and alongside, real estate operating companies in worldwide.  This complementary combination allows flexibility with our clients to perform as a third party service provider with co-investment capabilities.  With our in-depth experience across all market sizes, Urban Retail is poised to identify, underwrite, acquire, manage and increase the value of the retail properties for our clients retail properties as well as ours.
 
Urban has seven regional offices throughout the United States and has worked closely with more than 100 clients over the years, including pension funds, individual owners, insurance companies, special servicers, and institutional owners of mixed-use, retail and office asset classes. Urban currently manages 49 retail properties in 19 states, comprising of nearly 18 million square feet. 
Urban has developed a multitude of world-class shopping centers ranging from Water Tower Place, 900 North Michigan Shops in Chicago, Copley Place in Boston, to the redevelopment of the Houston Galleria and Old Orchard Center in Skokie, IL. 
 
Urban’s approach to business is both entrepreneurial and pragmatic.  This full service organization provides expertise in 11 different specialized departments which work together on each managed property.  These services can be tailored individually or strategically combined to meet the specific needs as required by the client.

Services Provided:

Management
Leasing
Development
Marketing
Market Research
Specialty Leasing
Tenant Coordination
Enviromental & Technical Services
Accounting
Computer Services and Technical Support
Due Diligence Services

Commercial Real Estate

Property Development

Property Management

Retail

Urban Retail Properties

Urban Retail Properties' headquarters in Chicago, IL, United States

Craig Delasin

Jim Roberts

Raymond Sankovich

Rosanne Turkowski

Scott Chen

Joseph McCarthy

The Leasing and Property Management team at Urban Retail Properties is responsible for maximizing the value of retail properties through strategic leasing and comprehensive property oversight. This team works collaboratively to attract and retain tenants, manage operational efficiencies, and ensure that properties meet both owner and tenant expectations. With a strong focus on relationship-building and market understanding, they effectively navigate the complexities of retail real estate, leveraging decades of experience to enhance property performance and drive revenue growth.

Leasing and Property Management

The Leadership Team at Urban Retail Properties is responsible for setting the strategic direction and overall vision of the company. This executive group collaborates to drive operational excellence across all departments, ensuring that the management, leasing, and development of retail properties align with the organization’s goals. By leveraging their extensive industry experience, the Leadership Team fosters relationships with clients and stakeholders, oversees financial performance, and champions innovative solutions to enhance property value and client satisfaction.

Urban Retail Properties

Org chart

Teams

Leasing and Property Management

Leadership Team

Offices

Urban Retail Properties

Org chart

Teams

Leasing and Property Management

Leadership Team

Offices

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