Human Resources and Real Estate

Real estate firm names principal

March 27, 2014
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David Draft
David Draft. Courtesy Signature Associates

A 30-year veteran of the real estate industry is coming home to Grand Rapids to serve as a commercial real estate firm’s principal and executive managing director.

Signature Associates in Grand Rapids, a Cushman and Wakefield Alliance Member, said today that David Draft has joined its West Michigan team.

Draft is charged with developing Signature Associates’ industrial, office and retail business, putting together a team of about 12-15 people who can help him draw out-of-state investment into the area.

Draft was previously the chief operating officer at Sealy & Company, one of the largest private owners and operators of commercial and industrial real estate in the south central and southeastern U.S.

He has also served as executive vice president of operations with First Industrial Reality Trust.

“We are extremely excited to have an executive of David’s caliber join us at Signature Associates,” said Steve Gordon, president of Signature Associates. “He’s also a Grand Rapids native, which further enhances his opportunity to strengthen the firm’s West Michigan presence, which is one reason why he chose to join the company. He will be an invaluable asset.”

Draft said the region is beginning to be recognized nationally and internationally as a great place to live and work.

“We have a business model, and now the local leadership, to be a growing part of the real estate side of those good things,” Draft said.

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