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Bill Wikle to lead Atlanta Division
iCORE is proud to announce that Bill Wikle has joined the iCORE family as division head for iCORE's growing Atlanta office. Bill's wealth of experience will help continue the growth of iCORE's corporate real estate business in Atlanta and the Southeast. Bill Wikle has been involved in the commercial real estate industry for the past 21 years. Over his career, Mr. Wikle has worked with tenants/users, developers, and investors in both the acquisition and disposition of facilities, ranging from traditional distribution and manufacturing buildings to large raised floor computer operations, build-to-suits, site acquisition and analysis for development, land tract disposition, and corporate facilities disposition. For the last two years, Mr Wikle served as Senior Vice President of Marketing and Acquisitions for a national industrial property developer overseeing new project development and marketing for eight million square feet of industrial space.
Mr. Wikle also has a background in financial/economic analysis, manufacturing management, and civil engineering site design. Significant transactions include: 1.3 Million SF Lease negotiation for Eckerd Drugs; Landlord representative for 350,000 SF Lease with Siemens Healthcare; Landlord representative for 175,000 SF Lease with SWS Corporation; Lead account broker for DHL's Atlanta portfolio which involved numerous business units and corporate locations totaling 110,000 SF, Represented Panattoni Development in the acquisition, lease-up, and sale of 187,000 SF Lakeridge Technology Center; 197,000 SF facility disposition for General Mills Corporation; 101,000 SF facility disposition for Tyco/Siemens.
Message from Founding Partner Jeff Nickol
For over 25 years as both a tenant representative broker and as a Landlord who oversaw a 6,000,000 SF portfolio, I have been amazed at how corporations lose control of the transaction side of their real estate portfolios by allowing the service providers to place inexperienced salaried account representatives on their projects. This saves the service provider money but does not do much for the client! I have completed large 200,000-500,000 SF leases where the client’s “representative “had only been in the business for 1-2 years.
We saw an opportunity to create a smaller “Best of Class” alliance model that does not have the heavy overhead burden of our larger competitors. This burden forces companies to reduce their cost of sales by hiring low paid inexperienced account managers.
We align with SIOR partners in cities across the US and internationally who have no conflicts of interests and have been in their field for at least 15 years. This enables us to have accountability for our clients at the transaction level. This drives your occupancy costs down at the street level.
We work at reducing your cost of sales not ours!
Jeff Nickol, SIOR
Seagraves joins iCORE
August 18, 2009 - Philip Seagraves joins iCORE Commercial as Research Fellow focused on delivering cutting edge, empirically driven research in the areas of office and industrial real estate to help both industry and academia better understand the dynamic nature of the real estate industry. Mr. Seagraves is currently seeking his PhD in Real Estate full time at Georgia State University, one of the few dedicated real estate doctoral programs in the country.
iCORE will provide support for research projects in the areas of corporate real estate, office and industrial demand, and the relationships between real estate costs and corporate performance. Seagraves is currently working on a research project related to the changes to warehouse property features and locations as the US economy has continued to shift toward a "path of goods movement" model. Additionally, he is investigating the performance of REIT initial public offerings and the reasons explaining why some sectors (office, warehouse, residential, etc) perform better or worse in the short and long run.
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