John Picchiotti is Senior Vice President of Asset Management and National Leasing at Dermody Properties, and is responsible for developing and executing strategies to maximize the value of the company’s portfolio assets. This includes general support for the company’s robust leasing activities and management of key customer relationships. In addition, he coordinates ongoing marketing efforts, proposal development and deal execution with Regional Partners. He acts as the primary steward for portfolio net operating income and cash flow performance through development and execution of both property and asset management strategies and annual leasing objectives.
Before joining Dermody Properties in 2023, Mr. Picchiotti was Managing Director, Chicago Industrial Brokerage Lead for Jones Lang Lasalle (JLL) where he led the industrial brokerage group. He also participated in regional and national initiatives as a member of the National Industrial Council and leader of the National Agency Leasing Steering Committee. During his tenure with JLL, he directed a P&L that exceeded $50 million for a business that tripled its top and bottom lines between 2017 and 2022.
Prior to JLL, Mr. Picchiotti was Chief Operating Officer at NAI Hiffman, where he directed 54 brokers comprised of industrial, office, investment sales and retail groups. During his leadership, he directed P&L, brokerage operations recruitment and key customer relationships for markets that increased top and bottom-line revenue consistently from 2012 to 2016.
John’s real estate career also includes 16 years as Market Officer in Charge of Operations for Prologis in Chicago where he led the business comprised of 25 million square feet ($2 billion in value), an operating budget in excess of $150 million and was directly responsible for creating over $1.5 billion in leasing revenue in over 600 transactions. John was also a member of the Global Services Customer Team.
Mr. Picchiotti holds a Bachelor of Science in Accountancy from the University of Illinois. He is a certified public accountant and licensed managing real estate broker. Mr. Picchiotti’s affiliations include the National Association of Office and Industrial Properties (NAIOP), Society of Industrial and Office Realtors (SIOR), Association of Industrial Real Estate Brokers (AIRE) and Council of Supply Chain Management Professionals (CSCMP).