James Purinton James Purinton James Purinton James Purinton Managing Principal, Purinton Development, LLC Envoy Advisory Board Member Jim has been involved in the acquisition, development and management of more than 100 retail, office, industrial and multifamily projects totaling over 20 million square feet across 22 states and Canada. Prior to heading his own development company, Jim was Senior Managing Director of Development at Alliance Commercial Partners, LLC , a real estate operating and investment company specializing in value-added acquisition, development, capitalization, repositioning and management of real estate assets. Previously, Jim was President of ORIX Real Estate Equities, where he worked for 16 years and directed investment/development, asset management, marketing and leasing, finance, joint venture sourcing and accounting/administration. He began his career at Prudential Insurance Real Estate, serving as Vice President-Development. Jim graduated from the University of Wisconsin-Madison with a B.S. in Environmental Studies and an M.S. in Urban and Regional Planning, and earned an M.S. in Real Estate from the university's Wisconsin School of Business.

James Purinton Senior Managing Director Development Alliance Commercial Partners James Purinton Senior Managing Director - Development Jim leads the company's development group and directs its development activities nationwide. e has over 25 years experience and has developed over 100 office, industrial, retail and multifamily projects totaling over $2 billion in value.Prior to joining Alliance in 2008 , Jim ran his own development company, was President of ORIX Real Estate Equities, and was Vice President-Development at Prudential. James Purinton Senior Managing Director Development

A venture affiliated with James Purinton killed a deal to buy the 6.3-acre site for $9.9 million, Stratos said Friday in a regulatory filing.Stratos didn't say why Mr. Purinton terminated the little-noticed agreement, which was announced last month, and also didn't disclose its plan for the property. Mr. Purinton said the termination was mutual.He said rising construction costs were among the issues that scuttled the deal, though he wouldn't provide any other details. "There are a whole host of issues we weren't able to solve.Both parties decided it wasn't going to work," said Mr. Purinton, who from 1996 to January 2004 ran what is now Chicago-based Orix Real Estate Capital Inc. and currently heads Purinton Development LLC in Chicago."It's one of those things."Advertisement >

Jim Purinton, principal of Chicago-based Purinton Development, is also building two speculative warehouse/distribution buildings on 65th Street.Just a few blocks east of this development, Purinton is planning another redevelopment of a former manufacturing facility.Purinton also pointed to the success of a McShane spec development in McCook that is now two-thirds leased.He said his project on 65th Street is equal distance to I-55.‘There's very little new development that hasn't been build-to-suit,' Purinton said. ‘There aren't any 30-foot clear buildings available in Bedford Park.'Purinton predicts two to three tenants will subdivide his building on 65th Street.‘Bedford Park is a real positive, supportive community as well,' Purinton said. ‘It's easy to do business there.It's very quick from presentation of an idea to execution.'Unlike the past when buildings were built all the way up the sidewalk with employee parking on the north side of 65th Street, Purinton said the village of Bedford Park now requires setbacks for parking onsite.