Molly McShane

CHICAGO—Conor Commercial Real Estate, a member of the McShane Companies, has just promoted Molly McShane from financial analyst to chief investment officer. She will help run the national real estate development and investment firm from its headquarters in northwest suburban Rosemont. She will handle the overall investment process and assist in the execution of all development activities in the industrial, office, healthcare and multi-family sectors. She will report directly to president David J. Friedman, who has also been on the job for a short time.

McShane, a 12-year veteran of the commercial real estate development and construction industry, also serves as a member of Conor’s investment committee and the firm’s advisory board of directors.

“Since joining the McShane organization in 2007 as a financial analyst, Molly has consistently demonstrated the skills and leadership necessary to provide direction and support to the firm’s national investment activities,” says Friedman. “Her experience and dedication to Conor Commercial, coupled with her energy and enthusiasm, will continue to drive the firm toward successful development decisions and structures as well as increase the overall efficiency of our investment processes on a national basis.”

Conor has taken on a number of important projects recently. As reported in, Conor and its joint venture partner, Globe Corp. just finished Northwest Pointe, a 342,620-square-foot industrial spec project in Elgin’s Northwest Corporate Park. Last November, reported that Conor had, along with its partner Ravine Park Partners, just broken ground on the Woodview Apartments, a 248-unit luxury apartment development in suburban Deerfield. And in June, the company completed a new 347,400-square-foot build-to-suit corporate headquarters and warehouse facility for Orbus Exhibit & Display Group in its Union Pointe Business Park in south suburban Woodridge.