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Portrait of Peter Caruso, Managing Director, Brokerage at JLL in Chicago

Peter Caruso

Managing Director, Brokerage

Expertise:
Chicago | United States

+1 312 228 2926

LinkedIn

About

Current Responsibilities

Peter is the Agency 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 merchandising and redevelopment of properties. Peter has 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.


Experience

Peter has nearly twenty 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. Since joining JLL in 2013, Peter helped build JLL’s agency leasing portfolio to over 150 projects that total over 5 million square feet. The portfolio ranges from ground-up developments to neighborhood, office, power and lifestyle centers. His representative clients include 601W Properties, Acadia Realty Trust, Beacon Capital, LaSalle Investment Management, Spaulding & Sly, CIM Group, JP Morgan, Pontegadea, Park Hyatt Chicago, PGIM, Morgan Stanley, Hartz Mountain Industries, Madison Capital, Habitat, Slate, Starwood Retail Partners, US Ivanhoe-Cambridge, Allstate, MetLife, Pebblebrook Hotel Trust, Host Hotels, AEW Capital Management, Edwards Realty Company and GLL Real Estate Partners.


Education and Affiliations

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 volunteers his time with the Chicago Help Initiative (CHI). He is also a mentor for the Harold E. Eisenberg annual real estate challenge. Peter holds a real estate license in the State of Illinois.

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