Member, Newmark Knight Frank Industrial Leadership Council (ILC)
Si Pitstick currently serves as an executive managing director in the Cincinnati office of Newmark Knight Frank. Mr. Pitstick specializes in large industrial projects and is part of a four-person team that includes Josh Young, Carrie Edwards and Collin Fitzgerald.
Mr. Pitstick assists clients locally, nationally and internationally with all aspects of their industrial real estate needs, from their distribution and manufacturing network strategy, to location selection, to facility design, and ultimately to acquisitions and dispositions of industrial assets. His services include marketing freestanding and multi-tenant buildings for sale or lease as well as selling industrial investment property and industrial land. He also represents clients in restructuring/renewing their leases, site searches and negotiations to either buy or lease industrial facilities, including build-to-suit projects.
With a background in finance, Mr. Pitstick has an in-depth knowledge of tax abatements, economic incentives and creative financing. His analytical skills and attention to detail ensure that each client achieves the best possible deal in both economic and contractual terms. During his 33 years in the industry, Mr. Pitstick has completed lease/sale transactions on more than 60 million square feet of industrial real estate, valued in excess of $1 billion.
Partial List of Lease Transactions
As a tenant representative
- Hayneedle, 1001 Logistics Way, Monroe, OH, 721,000 SF distribution center
- Design Within Reach, South Afton Commerce Park, Batavia, OH, 618,000 SF distribution center
- Beckman Coulter, 2295 Progress Place, Hebron, KY, 320,000 SF distribution center
As a landlord representative
- Opus/Founders, 9845 Windisch Road, West Chester, OH, 282,000 SF distribution center
- Private Investor, 7405 Industrial Road, Florence, KY, 174,000 SF manufacturing facility
- IDI Gazeley, 1225 Logistics Way, Monroe, OH, 163,000 SF distribution center
Partial List of Sale Transactions
Representing seller
- Avon, 175 Progress Place, Cincinnati, OH, sold 1.1 million SF manufacturing facility
- Thrivent, 3550 Symmes Road, Hamilton, OH, 318,000 SF manufacturing facility
Representing buyer
- Monti, Inc., 4510 Reading Road, Cincinnati, OH, acquired a 300,000 SF manufacturing facility
- Green Bay Packaging, 760 Kingsview Drive, Lebanon, OH, 269,000 SF manufacturing facility
Partial Client List
- Design Within Reach
- Green Bay Packaging
- Hayneedle
- IDI
- LeSaint Logistics
- NFI
- NorthPoint Development
- Prologis
Professional Achievements
- Commercial Real Estate Council of Greater Cincinnati (CRECGC)
Top Producer, 1993-2018
No. One Producer, 2005, 2010 and 2018
No. Two Producer, 2009, 2013-2015 and 2017
No. Three Producer, 2001 and 2004
- Midwest Commercial Real Estate Hall of Fame, 2017
- Most Outstanding Transaction, Newmark Knight Frank, 2015 and 2017
- Industrial Deal of the Year, NAIOP, 2013 and 2017
- Broker of the Year, NAIOP, 2005
- Industrial Deal of the Year, Cincinnati Business Courier, 2004
Professional Affiliations
- Active member, Society of Industrial and Office Realtors (SIOR)
- Member, Industrial Leadership Council, Newmark Knight Frank
- Certified Commercial Investment Member (CCIM)
- Licensed real estate broker, states of Ohio and Kentucky
Education
Mr. Pitstick graduated from Ohio State University, where he earned a Bachelor of Science degree in finance and real estate.