Executive Director - Dispositions
As Executive Director of First Industrial's dispositions division, Mr. Stoffle is responsible for pricing, structure and contracts for all disposition activity on behalf of the company.
Over the course of his real estate career, Mr. Stoffle has gained extensive experience in acquisitions, dispositions, development, due diligence, market/site analysis, appraisals and construction/mini-perm lending. During his 20 year tenure at First Industrial, he has completed acquisitions totaling more than $1 billion and dispositions in excess of $8 billion.
Prior to his current role at First Industrial, Mr. Stoffle served as Senior Investment Officer of the company's Gulf/Mountain region where he was responsible for identifying, underwriting, negotiating/structuring and closing acquisitions, dispositions and redevelopments. Earlier, he was an Investment Associate for the company's Midwest region.
Before joining First Industrial, Mr. Stoffle was a Commercial Banking Officer in the real estate group of Bank of America Illinois. While there, he originated more than $175 million of mini-perm and construction loans.
A graduate of Northern Illinois University with a Bachelor of Science in finance, Mr. Stoffle is an active member of the Chicago Real Estate Council (CREC) and holds an Illinois Real Estate Salesperson license.