Michael P. Dillon serves as executive managing director of Newmark in Chicago. He has over 25 years of experience representing institutional clients, financial institutions, and public and private investment companies in the disposition of retail assets nationally. Recognized as one of the top shopping center brokers in the industry, his primary focus is the sale of food-anchored shopping centers, power centers and enclosed malls. Mr. Dillon overseas the retail investment sales team in which includes Mike Saletta and Kevin Schultz.
Bringing to each transaction a strong combination of capital markets knowledge and retail expertise, Mr. Dillon has established a reputation for integrity, service and achievement. His creativity and attention to detail are the primary reasons his clients have come to depend on his advice. During his career, he has brokered the sale of more than 100 retail assets in 20 states with a total consideration in excess of $2 billion.
Before joining Newmark, Mr. Dillon was a senior director in Marcus & Millichap’s National Retail Group. Previously, he served as a senior managing director in the Capital Advisors Group of Insignia/ESG, where he was responsible for all retail investment sales in the Midwest. During his tenure, he was named Midwest Shopping Center Broker of the Year every year, and also received the Midwest Capital Advisor of the Year award multiple times. He started his career at Mid-America Real Estate Corp. in Chicago.
Over the years, Mr. Dillon has represented the nation’s premier owners of retail assets, including Bank of America, Bayview Financial, Forest City, Simon Property Group, TIAA-CREF and Zell/Equity Properties & Development, among others, in their disposition of shopping centers.
Mr. Dillon is an active member of the International Council of Shopping Centers (ICSC). He presents regularly at industry events and is frequently quoted in the business and trade press.
A lifelong Chicago area resident, Mr. Dillon is an avid golfer and enjoys traveling and spending time with his family. He holds a Bachelor of Arts degree in economics from the University of Illinois at Urbana-Champaign.