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2610 Lake Cook Road, St 250
Riverwoods, IL 60015

Randy D. Podolsky has served entrepreneurial, corporate, institutional and Not-For-Profit clients for 45 years.


Randy provides personalized transaction and contract negotiation and advisory services to financial institutions, users, owners and Not-For-Profits for all facets of commercial real estate. Strategizing and executing complex real estate and debt transaction solutions is his passion.


Randy served as a Board Member, Secretary and Real Estate Consultant for the Waukegan Port District, which owns and operates Waukegan Harbor & Marina, the Port of Waukegan and Waukegan National Airport from December 2012 to June 2019.  During that time, Randy orchestrated the District’s bond refinance, increased the value of its real estate and derived income, spearheaded adoption of the Harbor Master Plan, and, most notably, negotiated the agreements for the District’s first marina use development by a private party, Bay Marine, in over 4 decades, bringing new economic growth to the lakefront.

One of Randy’s proudest professional accomplishments is his history of assisting Not-For-Profit clients with real estate planning and execution.  He represented Roycemore School and Evanston Art Center with their respective site selection, relocation, renovation and debt placement needs.

Additionally, he is a volunteer member of the U.S. Coast Guard Auxiliary since 1991 and served as the elected District Commodore (DCO) of the Ninth Western Region in 2009 & 2010.

Randy has completed numerous development and redevelopment projects, including Riverwoods Corporate Center, a 2-story Class A office complex in Chicago’s North Suburbs; the 1.2 million square foot Westbrook Corporate Center; and, numerous other office and industrial developments from northern Indiana to Southern Wisconsin, including debt placement of over $150,000,000.

Randy orchestrated the acquisition, redevelopment and subsequent sale of the $40 million, 283,000 square foot Concourse Office Plaza in Skokie, Illinois for a private investment group. In 44 months, his team repositioned and sold the asset, more than doubling investor equity during their ownership. 


His most recent CP Highlands Fund LP real estate investment fund achieved an overall 27.5% IRR over the lifecycle of fund assets.

Randy is the developer of Navy Pier Marina, a 100% transient marina which concept he conceived.  The project is pending construction and slated to open for the 2021 boating season. Navy Pier Marina will offer boaters from all Chicago Harbors, as well as other marinas around Lake Michigan and beyond, including “Loopers” the opportunity to moor for hourly and overnight stays at the lakefront gateway to Navy Pier and the Chicago.   As a result of this vision, Navy Pier Marina will make accessible to all boaters scores of restaurants, bars and other entertainment venues at Navy Pier and in the City. Navy Pier Marina will be privately funded by NPM Venture LLC.

In 2005, Randy recognized increased overspending on commercial real estate and, anticipating a near-term bubble burst, advised nearly 100 investors to divest of their commercial real estate holdings. Between November 2006 and April 2007, after considerable financial modeling and valuations, Randy lead Podolsky Circle’s Investment Advisory Team which packaged and sold the properties, including an approximate 2 million square foot, 23-property industrial portfolio.  The key to that sale was the vision of amassing the properties, owned by a myriad of diverse investor groups, under a single sale contract, which attracted the largest and highest paying buyer pool possible.

U.S. Coast Guard Auxiliary  |  Commodore

Waukegan Water Safety Association (NFP)  |  Founder & President

Cresco Labs  |  Director

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Aurora, Orchard 88 Business Park

For Land Sites, Buildings for Sale or Lease, or Build-to-Suits, contact:


Lee Associates

Exclusive Agent


Nick Eboli

773.355.3026 (Direct)


- OR -


Andrew Block


Certain principals of Riverwoods Development Partners have a direct or indirect interest in the property and are licensed Illinois Real Estate Brokers.  Lee-Associates is the exclusive listing agent and is not affiliated with Riverwoods Development Partners or the property owner.

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