Business Details
12 Years
experience
Commercial Real Estate Investment & Development Experts
Core Acquisitions is a fully integrated commercial real estate firm specializing in acquisitions, development, property management, and asset management. Founded in 2014, our hands-on approach combines decades of industry experience with a focus on enhancing property fundamentals to maximize stakeholder returns. Our team has successfully executed over $150 million in commercial real estate transactions, managing diverse property types including retail, office, industrial, and multi-family assets across the United States. We leverage deep relationships with national tenants and brokers to identify value-add opportunities, supported by in-house expertise in construction management, leasing, and financial analysis.With a geographic focus on Colorado, Illinois, Indiana, Iowa, Minnesota, Missouri, Ohio, Texas, and Wisconsin, we deliver tailored solutions for stabilized, value-add, and development projects. Our principals have collectively managed over $1 billion in commercial properties and completed more than 25 projects in the past six years, ensuring disciplined execution from acquisition through disposition. We maintain transparency in operations, adhering to rigorous financial reporting standards and prioritizing long-term client partnerships built on trust and measurable results.
Services
Commercial Real Estate Acquisition
Property Development
Asset Management
Construction Management
Retail Property Leasing
Details
- Year established: 2014
Highlights and features
- We offer hands-on expertise in commercial real estate acquisitions and development.
- Our team has managed over $1 billion in commercial properties nationwide.
- We provide in-house property management and construction oversight for seamless execution.
- We focus on value-add opportunities in high-growth Midwest markets.
- Our principals have completed 25+ projects with $150M+ in total transactions since 2014.
Services
Commercial Real Estate Acquisition
Core Acquisitions identifies and secures value-add commercial real estate opportunities across retail, office, industrial, and multi-family sectors. Our team conducts rigorous due diligence, financial analysis, and market assessments to ensure strategic acquisitions aligned with investor goals. With expertise in note purchases, joint ventures, and traditional fee simple transactions, we deliver properties poised for long-term appreciation.
Property Development
We specialize in ground-up development and redevelopment of commercial properties, managing projects from entitlements through construction completion. Our services include site selection, zoning approvals, tenant procurement, and budget oversight. With a track record of delivering 55+ properties totaling 6 million square feet, we create functional spaces that meet market demands while optimizing investor returns.
Property Management
Our property management division oversees leasing, maintenance, and financial operations for retail, office, and industrial assets. We implement proactive strategies to maximize occupancy rates, streamline operations, and maintain property value. With experience managing over $1 billion in commercial real estate, we ensure efficient day-to-day operations and tenant satisfaction across diverse portfolios.
Construction Management
Core provides end-to-end construction management services, including contractor bidding, budget tracking, and timeline coordination. Our team ensures compliance with zoning regulations and municipal requirements while maintaining cost-effective execution. With principals overseeing $1+ billion in construction projects, we deliver quality results aligned with client specifications and market standards.
Asset Management
We optimize property performance through strategic leasing, capital improvement planning, and financial analysis. Our asset management team conducts market comparisons, tenant credit assessments, and lease negotiations to enhance portfolio value. By aligning property operations with ownership objectives, we drive consistent returns and long-term asset appreciation for commercial real estate investments.
People
Adam Firsel
Managing Principal
Founder of Core Acquisitions with 20+ years in real estate investment banking, development, and acquisitions. Led 100+ projects totaling $2B in value. Graduated from University of Wisconsin-Madison with a real estate degree.
Brad Joseph
Principal
Co-principal overseeing acquisitions and asset management. Brought $150M+ in transactions to Core since 2013. Licensed Illinois real estate broker with experience at Sterling Bay and Next Realty.
Jonathan Spitz
Principal & EVP of Property Management
Manages $1B+ in commercial properties nationwide. Former senior property manager at Inland Commercial Real Estate. Holds economics degree from University of Iowa with expertise in property valuation and operations.
Sameer Khan
Director of Acquisitions
Sources investment opportunities and leads due diligence. Former roles at Baceline Group and Ares Management. UW-Madison graduate with finance and real estate specialization.
Tim Flanagan
Director of Development and Construction
25+ years in commercial development, completing 55+ properties totaling 6M sq ft. Former partner at Mid-America Development. Specializes in land acquisition, entitlements, and construction oversight.
Questions
What types of commercial properties does Core Acquisitions focus on?
We specialize in retail, office, industrial, and multi-family properties across the Midwest, with select national opportunities.
How does Core Acquisitions add value to its properties?
Through hands-on management, strategic acquisitions, and redevelopment expertise that enhances property fundamentals and tenant appeal.
Can investors partner with Core on joint venture projects?
Yes, we actively pursue joint ventures and have experience executing complex transactions with institutional and private partners.
What geographic markets does Core prioritize?
Our primary focus includes Colorado, Illinois, Indiana, Iowa, Minnesota, Missouri, Ohio, Texas, and Wisconsin.
How experienced is Core's leadership team?
Our principals have completed 25+ projects since 2014, managing $150M+ in transactions and over $1B in commercial assets.
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