Peter Gikas
Vice President | Real Estate Operations, First Commercial Realty & Development Co., Inc.
Southfield, MI 48034
Phone (248) 352-5000
Property Types
Retail
Markets
Detroit
Languages
English, Greek
Bio
Peter Gikas, Esq., is First Commercial’s Vice President of Real Estate Operations, and is responsible for managing a portfolio of approximately 2 million square feet of real estate. As a trained attorney, Peter also manages lease negotiations, insurance requirements, premises liability, property related contracts, tenant relations, tax valuation and mortgage financing. His extensive background makes him an integral part of the First Commercial Executive Leadership Team.
Peter has been overseeing First Commercial’s third party management operations since its infancy, and -in addition to managing the distinct needs of the various entities represented by First Commercial- he is also responsible for all aspects of the management of the portfolio, including due diligence, day to day administration, risk and crises management, employment, planning, tax and financial analyses, contract negotiations, lease compliance, tenant collections and retention, repair and maintenance, accounting and all legal matters serving as in-house counsel having negotiated in excess of 500 lease transactions.
He has been in the real estate management and investment business for over 30 years. He started his career at Schostak Brothers & Co. where he was actively involved in the management of Class A suburban office and retail space in excess of three million square feet. Prior to joining First Commercial in 1995, he worked as an investment broker at the Deitz Organization, specializing the sale of medical office buildings and shopping centers with transactions over ten million dollars.
Peter is a member of the State Bar of Michigan and the International Council of Shopping Centers. He has been an active member of a number of local Downtown Development Authorities, including the DDA’s of Royal Oak Township and Inkster. Peter graduated with a Bachelor’s Degree from the University of Michigan in 1979 and a Juris Doctor from the University of Detroit Mercy in 1984.
Education
