Richard Frolik

Executive Vice President at CBRE

$212M

Sold

Closed

Area

SOLD

BROKER

Daniel Katz Of KPR Centers Acquires Pointe Plaza Shopping Center In Niles For $40M

Retail

$205 PPSF

195K sqf

+ 2

SOLD

BROKER

Newport Capital Partners Acquires Jewel-Osco-Anchored Shopping Center For $30.6M

Retail

$278 PPSF

109.8K sqf

+ 1

SOLD

BROKER

Lamar Companies Acquires Retail Property In Geneva From LaSalle For $63.7M

Retail

$145 PPSF

438K sqf

+ 1

SOLD

BROKER

Regency Centers Acquires Old Town Square Shopping Center In Chicago For $27.5M

Retail

$315 PPSF

87.1K sqf

+ 2

Fidelis Acquires Retail Property In Roseville, Minneapolis For $50.3M

Retail

$112 PPSF

446K sqf

+ 5

About

Mr. Frolik is a senior partner of the National Retail Partners—Midwest, recognized as CBRE’s leading national retail investment property sales team, and the founding member of CBRE’s Value and Outlet Centers group. The team has sold over 1,045 assets comprised of over 150 million square feet of retail properties valued in excess of over $15.4 billion. Focusing on national retail assets ranging from development/redevelopment to institutional projects, Mr. Frolik has worked extensively with owners in the formulation of strategic disposition initiatives and marketing campaign execution. He joined CBRE in March 1992 as a Senior Financial Analyst and assisted in underwriting over 300 different retail, office, multifamily and industrial transactions in excess of $1.5 billion in consideration.

Member since: November 2022