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Eigel, Pierson Acquire Nine Offices

by Chicago Agent

Chris Eigel and Michael Pierson have acquired nine of 11 Prudential Preferred Properties’ Chicago-area offices. Eigel, former president of Koenig & Strey GMAC Real Estate, and Pierson, former executive VP and GM of Koenig & Strey GMAC Real Estate, have made it their primary objective to expand Prudential Preferred and its brand in the Chicago area.

Eigel and Pierson have acquired the company’s Libertyville, Highland Park, Winnetka, Northbrook, Evanston, Lincoln Square, Lakeview and Gold Coast branch offices, as well as the Edgebrook corporate facility. Prudential Preferred Properties managing partners David Hanna and Bill White will retain ownership of the Hinsdale and Printers Row offices.

Plans for the near future include opening four new offices: two on the North Shore and two in Chicago. A Michigan Avenue sales office is scheduled to open soon.

In addition to site acquisition and development, Eigel and Pierson also plan to expand the company’s Fine Homes International luxury property program.

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