Our People

Led with vision.
Driven by grit.

One bold team.

Our team is 185 strong and growing. Everyone plays a critical role in helping us be us. Fueled by big thinking, foresight and a never-say-die attitude, our leadership team has brought us to the forefront of innovation and imagination.

Andy Gloor

Chief Executive Officer

Andy Gloor is Chief Executive Officer of Sterling Bay. As CEO, Andy oversees Sterling Bay’s growth and evolution, leading its efforts to redefine innovative urban development by creating connected and collaborative spaces for companies like Google, McDonald’s, WPP, Dyson and Tyson Foods. Under Andy’s leadership, Sterling Bay has been consistently recognized for award-winning real estate projects that transform space, enhance communities, and strengthen a company’s culture. He currently leads a team of more than 185 professionals and is responsible for managing a national portfolio exceeding $5 billion and a development pipeline of more than $20 billion in assets located across the country.

Keating Crown

Managing Principal

Keating focuses on new acquisitions and development, as well as strategic capital pursuits and relationships. He also oversees Sterling Bay’s retail merchandising portfolio. During his tenure at Sterling Bay, Keating has pursued and acquired Sterling Bay’s land portfolios in both Lincoln Yards and Fulton Market, successfully aggregating strategically located industrial land for mixed-use redevelopment at a competitive cost in two high-demand emerging markets. Keating’s career in commercial real estate began in 2002 at Tishman Speyer in New York City and San Francisco, where he was Director of Development involved in over six million feet of ground-up residential and office development projects. He earned a BA from Duke University and a JD-MBA from Northwestern University’s Kellogg School of Management and Pritzker School of Law. Keating currently serves on the boards of the National 9/11 Memorial & Museum, the 606/Bloomingdale Trail, Steppenwolf Theatre Company, the Northwestern Memorial Foundation and the Trinity College Board of Visitors for Duke University. In 2014, he was recognized on Crain’s Chicago Business’ 40 Under 40 list.

Reed Edwards

Managing Principal

Reed oversees all business aspects of Sterling Bay’s investment and development platform, including portfolio management, financing and capital transactions. Reed specializes in executing ground-up and adaptive reuse development projects, financial analysis, complex lease negotiations, as well as acquisitions and dispositions. Since joining Sterling Bay in 2008, Reed has asset managed a real estate portfolio in excess of 10 million SF and closed $3 billion of financing, including Sterling Bay’s developments for Hillshire Brands at 400 S Jefferson, Google’s Midwest headquarters at 1KFulton, McDonald’s global headquarters at 110 N Carpenter and redevelopment of 111 N Canal, among others. Reed’s additional responsibilities at Sterling Bay include guiding strategy for corporate operations, growth, and capital allocations. For six years prior to joining Sterling Bay, Reed provided commercial mortgage banking services at PC Financial Corporation, focusing on construction, bridge, life company, and CMBS debt origination. He earned a BS in Finance from the University of Illinois at Champaign-Urbana.

Chang Lee

Managing Principal, Chief Investment Officer

Chang is responsible for sourcing and closing new acquisitions and development projects outside of Chicago and expanding the firm’s capital partner relationships. Chang led Sterling Bay to establish joint venture relationships with Lone Star, DRA Advisors and Wheelock Street Capital. Chang also oversaw the development of Ace Hotel Chicago and is overseeing the development of Hyatt House in Fulton Market and 545wyn, an office project in Miami. For ten years prior to joining Sterling Bay, Chang provided investment sale advisory services at Eastdil Secured, LLC, focusing on office assets in the Midwest and retail assets throughout the country, completing over $18 billion in office, retail and residential transactions. He earned a BS in Business from the University of Illinois at Champaign-Urbana and an MBA from Northwestern University’s Kellogg School of Management. He is a member of Urban Land Institute, Kellogg Real Estate Alumni Club, and University of Illinois Real Estate Alumni Club.

Dean Marks

Managing Principal

Dean oversees all strategic aspects of Sterling Bay’s business, including acquisitions, dispositions, lease negotiations and debt and equity transactions. Dean has been integral to the vision and execution of Sterling Bay’s most notable accomplishments over the last ten years, including the assemblage and execution of the transformational Lincoln Yards project and the acquisition and development of more than 20 properties in Fulton Market between 2013-2014, before the neighborhood emerged as the fastest growing submarket in Chicago. Prior to joining Sterling Bay in 2009, Dean worked in private practice as a commercial real estate attorney at Greenberg Traurig LLP and Sonnenschein Nath & Rosenthal LLP (now Dentons US LLP). Dean earned a BA from Dartmouth College and a JD from Emory University School of Law. Dean is a member of the Chicago Bar Association and the Hellenic Bar Association and is a licensed real estate broker in Illinois, Georgia, Utah and Florida.

Matt Menna

Managing Principal

As Managing Principal and Chief Design Officer at Sterling Bay, Matt leads the firm’s creative design efforts across its national portfolio of award-winning office and multifamily developments and is responsible for guiding all projects requiring operational oversight or master plan design expertise. Such projects include Lincoln Yards, a more than 70-acre urban infill site that will transform a former industrial corridor along the Chicago River into a vibrant mixed-use community connecting Lincoln Park and Bucktown, as well as Victory Ranch, a 6,700-acre luxury residential community outside Park City, Utah. In supervising the development of Victory Ranch, Matt negotiated key debt and equity financing for the venture and established a modern, family-friendly, and well-appointed mountain retreat, which is nearly fully sold. Sterling Bay’s current portfolio consists of 55 properties owned and $4.7B assets under management.

Matt is also Managing Principal of Four Corners Tavern Group, Inc., which operates or invests in over 20 restaurants, bars, and hospitality ventures. He oversees the philanthropic arm of Four Corners, donating to over 50 charitable entities each year. Prior to joining Sterling Bay in 2012, Matt spent 17 years at William Blair, where he managed assets valued at $600 million for high-net-worth clients. Matt earned a BS in Business Finance from the University of Illinois at Champaign-Urbana.

Rodney Richerson

Managing Principal, Sterling Bay West

Rodney is Managing Principal of Sterling Bay | West where he is responsible for sourcing and closing new acquisitions and developments in the Western USA.  Prior to joining Sterling Bay | West, Rod oversaw the Western half of the United States on behalf of KBS Realty Advisors and its affiliate KBS Capital Advisors. Rod was responsible for all activity, including acquisitions, asset management and dispositions.  During his time at KBS, Rod oversaw the acquisitions and development of approximately $5 billion in acquisition and development deal volume.  Rod was also actively involved in capital raising efforts, including the $1.2B IPO of the Prime Office REIT (Singapore listing) roadshows throughout Asia and trips to the middle east.  Prior to KBS, Rod worked in the Mexico City office of Koll/Cushman Realty Mexico (KCRM) and was with Koll’s Southern California Development Group.  Rod serves on a variety of industry advisory groups and is a board member of the Southern California chapter of NAIOP.  He earned a BA in Business, with an emphasis in real estate finance from California State University, Fullerton.

Ron Frain

Principal, Industrial Division

Ron oversees the company’s national expansion of its industrial platform. A 50-year industry veteran, Ron was first introduced to the industrial market at Gottlieb/Beale, managing development activities for both office and industrial buildings. Over the course of his career, he founded Hawthorn Realty Group, where he served as Executive Vice President, Chief Administrative Officer and Director of Industrial Development, as well as Frain Camins & Swartchild and Bridge Development Partners. Ron is a graduate of the University of Wisconsin and an active member of the Association of Industrial Real Estate Brokers, Wisconsin Real Estate Alumni Association and the University of Wisconsin Club of Chicago.

Dr. Suzet McKinney

Principal, Director of Life Sciences

Dr. Suzet McKinney, a nationally recognized public health expert, serves as Principal and Director of Life Sciences. In her role, Dr. McKinney leads the strategy to expand Sterling Bay’s footprint in life sciences nationwide, pursue grant programs for laboratory incubation and graduation space and advance the work of various Sterling Bay life sciences initiatives including Prysm Institute. Prior to joining Sterling Bay, Dr. McKinney was CEO and Executive Director of the Illinois Medical District (IMD) where she managed medical research facilities, labs, a biotech business incubator, universities, four hospitals, and more than 40 healthcare-related facilities. Before IMD, Dr. McKinney served as Deputy Commissioner for the Bureau of Public Health Preparedness and Emergency Response at Chicago Department of Health.

Ryan Walsh

Principal, Acquisitions

As Principal of Acquisitions, Ryan oversees the sourcing, closing, and capital formation of the Sterling Bay’s investment and development opportunities across the country. Ryan is focused on mixed-use, life science, creative office, residential, and industrial opportunities in high-growth markets nationally. Ryan has contributed to Sterling Bay’s national portfolio growth through several high-profile acquisitions, including mixed-use opportunities in Atlanta, Charlotte, Dallas, and Nashville, and over $4B in life science portfolio investment. Prior to joining Sterling Bay in 2017, Ryan worked as an investment sale broker at Eastdil Secured, completing transactions totaling $14 billion, focusing on sales and recapitalizations of office and mixed-use assets in the Midwest. Ryan earned a BA in Economics from the University of Michigan and is an active member of the local non-profit, Open Heart Magic.