In this edition of the Real Estate for Breakfast podcast, Ice Miller partners, host Phil Coover and co-host Jay Augustyn, welcome Peter Kelly and Daniel Reidy of Lincoln Property Company Midwest (LPC Midwest). The foursome talks about real estate development and trends, specifically in the Midwest and opportunities that the company is exploring for continued long-term growth in office, residential and industrial space.

During the podcast, Peter and Dan discuss strong Midwest market and epicenters for growth, as well as the importance of having a partner with strong ties to local government and public affairs to streamline projects for success. They also touch on the challenges in the market with increasing costs and if the demand will keep up with the supply that’s trending. Peter speaks to seizing the right opportunities to go forward and long-term fundamentals, while Dan talks about being selective and the importance of building culture, logistics and the inside knowledge of opportunities that will drive demand to spaces.

Peter Kelly is the Executive Vice President of LPC’s commercial real estate activities across the Midwest, which include acquisitions, dispositions, development, joint ventures, agency leasing, property management, construction management and other services. LPC Midwest has grown to over 15 million square feet of assets under management across five states, under Peter’s direction.

As Vice President at LPC, Dan Reidy oversees industrial property acquisitions and development in the Chicago area and throughout the Midwest. Dan joined the company in 2019 and has been at the forefront of many major developments in and around the region and is currently leading the efforts of a $100+ million project in Indianapolis and Columbus.

Lincoln Property Company was founded in 1965. LPC Midwest is one of the region’s leading commercial real estate service providers, offering property management, leasing, investment and construction management services. Our regional headquarters is located in Chicago, Illinois along with 15 offices across the Midwest employing 60 top-tier real estate professionals with the skills and resources to meet the needs of our diverse clients.