Maury Fisher, Senior Vice President

Director of Property Management

Mr. Fisher began his career as a CPA with the CPA Firm of Altschuler, Melvoin, and Glasser. Mr. Fisher’s emphasis was the audits of various real estate companies, real estate developers, regional shopping center owners and major construction companies. Mr. Fisher then became the Chief Financial Officer of Inland Construction, Inc., a general contractor building regional shopping centers throughout the Midwest. These included Old Orchard, Oakbrook, and River Oaks Shopping Centers, along with retailers and major department stores including Sears and Marshall Field’s.

After the merger of Inland Construction, Inc., and Urban Investment and Development Co., Mr. Fisher became the Chief Financial Officer of Urban Investment and Development Co.

In 1975, Mr. Fisher became the President and Chief Operating Officer of Urban Retail Properties, a Subsidiary of Urban Investment and Development Co. He had the overall leasing and management responsibility for the entire retail portfolio which included such Chicago Area properties as, Water Tower Place, Old Orchard, Oakbrook, River Oaks, Hawthorne, Fox Valley, Orland Square and Stratford Square Shopping Centers.

Mr. Fisher continued as President and Chief Operating Officer of Urban Retail Properties in 1984 as a Division of JMB Realty, Inc. Under JMB ownership, the retail portfolio grew to include over 80 regional shopping centers and 40 community centers, nationwide, comprising over 78 million square feet of retail space.

In 1998, after leaving Urban Retail Properties, Mr. Fisher became a Principal of Klutznick-Fisher Development Co. Their first project was The Heritage at Millennium Park, in Downtown Chicago, a mixed-use development consisting of 100,000 square feet of retail space with 356 luxury condominium units and parking for 600 cars. The second project was Sherman Plaza in Downtown Evanston, Illinois, consisting of 160,000 square feet of retail space, 250 luxury condominium units and a City Parking Facility for 1,600 cars. Both projects were completed in 2008.

Mr. Fisher was also involved in the planning process for the redevelopment of State Street in Downtown Chicago.  As a consultant  to the State Street Commission, the public/private entity empowered by the City of Chicago to oversee the redevelopment of State Street, Mr. Fisher had a significant role in the preparation the  “Vision for Greater State Street: Next Steps” issued by the City of Chicago.

Mr. Fisher is a graduate of The University of Illinois, a CPA and a member of The American Institute of CPA’s.


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