Doug Grossenbacher joined AREA Real Estate Advisors as Executive Vice President and Director of Property Management in 2016. Doug has been managing property and facilities in the Kansas City market since 1994.
Prior to joining AREA, Doug was the Managing Director of Asset Service for CBRE in Kansas City. He was responsible for the operations and growth of CBRE’s Kansas City portfolio, as well as having oversight of CBRE’s Asset Services group in St. Louis. The managed portfolio spread well beyond Kansas City to Lawrence, Topeka, and Wichita Kansas; Columbia and Springfield, Missouri; Des Moines and Dubuque, Iowa; and Lincoln, Nebraska. His responsibilities included property management, leasing, tenant relations, staff development, project and construction management, technical services, risk management, purchasing, energy management and financial reporting. During his five-and-a-half-year tenure at CBRE revenue grew by an average of 14% per year and the square footage under management increased by 115% to 12 million square feet.
Prior to joining CBRE, Doug spent ten years with Opus, a developer, builder, and owner of commercial real estate. Doug established Opus’s Kansas property management office, eventually growing to a portfolio of over one million square feet of Class A office space. Working with a developer, Doug had the opportunity to participate in the design-build process, and commissioned seven new office buildings in the Kansas City market.
Doug’s career has also included Operations Manager at City Center Square, a 625,000 SF downtown office building in Kansas City with Cohen Esrey and Colliers Turley Martin Tucker.
Before getting into the field of commercial real estate, Doug worked for Kansas City Power & Light Company (KCPL), a local electric utility provider. During his tenure, he managed all of KCPL’s corporate facilities, totaling more than one million square feet. Before joining the KCP&L Facilities Management Department, he spent eight years in power plant operations, which provided him with significant expertise in the areas of power generation and distribution. He gained valuable, first-hand emergency response and disaster recovery experience as well.
Doug has a strong technical and business background, possessing both a Mechanical Engineering Degree from Kansas State University and a Master in Business Administration from the University of Kansas