Newcastle Limited

3Q2019 Allium Partners is pleased to have placed Randy Grueb at Newcastle Limited as a Vice President, Director of Development.  Randy will report to Kurt Pairitz, Managing Director, Development and be responsible for the growth of Newcastle’s “develop to own” portfolio in Chicago.  He will lead teams of internal and external third party specialists through planning, design, zoning, construction, financial management, marketing and leasing activities required to develop or redevelop first-class retail and multifamily assets.  Randy joins Newcastle from Sterling Bay, where he was a Vice President of Development Services.  Previously, Randy spent five years at The John Buck Company in a development role.

Newcastle is a real estate investor and operating company that acquires, develops and owns retail, multifamily, and mixed-use properties in urban Chicago.  The firm’s $1.2 billion portfolio consists of 85 assets and projects consisting of 2,600 apartments and 575,000 square feet of retail space.