Industry Leader Paul Hilton Officially Joins BurkHill Real Estate as Managing Principal
Former Cushman & Wakefield executive director steps down to focus full-time on the St. Louis-based private real estate investment company he co-founded
ST. LOUIS, MO (January 7, 2020) — BurkHill Real Estate LLC, a St. Louis-based private real estate investment company, announced today that industry veteran Paul Hilton will take on the role of managing principal at the company he co-founded with Mark Burkhart, former CEO of Cassidy Turley, in 2016. Hilton will step down from his current executive director position at Cushman & Wakefield.
Hilton brings nearly 35 years of commercial real estate experience to his new company. For the last 26 years, he was a commercial real estate investment specialist with Turley Martin through its evolution to Cushman & Wakefield.
"Paul and I have been colleagues for 30 years, and Paul’s extensive experience and relationships in the real estate world add tremendous value to BurkHill,” said Burkhart, co-founder and managing principal of BurkHill.
Both Hilton and Burkhart will continue to consult on corporate real estate portfolios as well as identify investment opportunities and establish short- and long-term strategies for the Fund. They will also oversee the property management and leasing teams to ensure the strategy is being implemented in accordance with their vision. The firm’s fund invests in retail, industrial, office, and multi-family real estate assets, with a minimal asset size of $1 million.
In September 2019, BurkHill partnered with St. Louis-based Gershman Commercial Real Estate to acquire Sachs Properties’ prominent 860,000-square-foot real estate portfolio in Chesterfield. This 18-property portfolio comprising The Offices at Chesterfield Village represented one of St. Louis’ largest real estate transactions in recent history with an overall investment exceeding $100 million. The firm plans to make significant investments in the newly acquired properties, including capital improvements, design upgrades and amenity enhancements.
“We are in the process of identifying properties for our second fund,” noted Hilton. “Having been on both the sales and ownership side gives me a unique perspective on how to maximize the value of an asset.”
Hilton has consulted with many of the major real estate owners across the United States with regard to portfolio strategy, including acquisition, disposition, financing and valuation of their properties. His career transactions total over $8 billion.
About BurkHill Real Estate LLC
BurkHill Real Estate Investors is a private real estate investment fund founded by industry veterans Mark Burkhart and Paul Hilton. The fund invests in retail, industrial, office and multi-family real estate assets, with a minimal asset size of $1 million. BurkHill establishes short- and long-term strategies for each asset and oversees the property management and leasing terms to ensure the strategy is being properly implemented.
Media Contact: Cabanne Howard, (314) 518-7225, cabanne@kaleidoscopemg.com