- change ups
Commercial real estate exec vacates post
The vice president and managing partner of a top commercial real estate firm has resigned from his post.
Colliers International West Michigan revealed that Derek Hunderman is leaving the firm to pursue new opportunities in what the firm said is a “construction-related industry.”
The Business Journal has learned Hunderman is remaining in the area, and he plans to reveal what company he’s joining later this week.
His final day at Colliers International is tomorrow.
Hunderman joined the company in 2003 as an industrial broker, when the firm was known as Grubb & Ellis/Paramount Commerce.
Colliers West Michigan President and CEO Duke Suwyn recruited Hunderman to the commercial brokerage house and promoted him to vice president of the industrial group in 2007.
Two years later, Hunderman was named the firm’s managing partner.
Hunderman told the Business Journal in 2010 that the deals he did with Suwyn and company Vice President John Kuiper stood out as his favorites.
“We re-configured the former Bosch facility and sold half of it off to X-Rite. Those are once-in-a-career deals,” said Hunderman of the noteworthy sale to Franklin Partners, one of many the trio completed together.
Suwyn and executive assistant Jamie Stiles will assume the management duties at Colliers International.
Hunderman came to Colliers International from the manufacturing business, which made him a good candidate to focus on the industrial market.
He worked at Gill Industries, Lopez Industries and Grand Rapids Spring & Stamping before moving into commercial real estate.
“His new opportunity will be building on his background in plant operations, quality management, commercial real estate and leadership,” according to a Colliers announcement.
Hunderman graduated from Calvin College and is a Holland native.