Noah Shlaes, CRE

President, Shlaes & Co.

Noah Shlaes, CRE, is President of Shlaes & Co.

Previously, Mr. Shlaes joined Newmark Grubb Knight Frank from Grubb & Ellis, where he led the Strategic Consulting group. Earlier, he worked at Arthur Andersen, culminating in his role as Director of Corporate Real Estate Services.

Mr. Shlaes has advised international banks, utilities, manufacturers, railroads, universities, health systems and governments. His work has evolved from early efforts in valuation and technology development, and his expertise draws on his decades of supporting corporate real estate decisions.

Prior to his work with NGKF Vision, he created the Grubb & Ellis proprietary Thinking Tool and Portfolio Pulse for portfolio planning, and has published articles on portfolio planning, real estate strategy, software selection, and the valuation of Brownfield properties. He has also taught real estate valuation at the graduate level and overseas, and served as a guest lecturer and instructor at DePaul University’s Kellstadt GSB, Boston College, the School of the Art Institute, and CoreNet Global.

Clients have included Dow, Cummins, Huawei, and Reed Elsevier. Past clients include Alcoa, Arden Realty, Inc., Arthur J. Gallagher & Company, City of San Diego, Conoco Phillips, Equity Office Properties Trust, Georgia-Pacific, Hewitt Associates, Kamehameha Schools, Microsoft, The Ohio State University, Port Authority of New York and New Jersey, Roosevelt University, Starwood Hospitality, Union Pacific Railroad, US Postal Service, US Sprint, Waste Management, and Vornado Realty Trust.


Mr. Shlaes has a Bachelor of Science in Economics from the University of Michigan.

Professional Affiliations

  • Counselors of Real Estate – Chair of the Board of Directors (2014)
  • Member, Lambda Alpha International
  • Advisory Board – CoRE Tech
  • Editorial Board – Area Development
  • Fellow, Royal Institution of Chartered Surveyors (FRICS)
  • Hoyt Fellow – Homer Hoyt Advanced Studies Institute
  • President, Realty Club of Chicago (2001)
  • Steering Committee Member – Department of Energy – Commercial Real Estate Alliance