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Owen F. Wagener - President Emeritus
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Owen F. Wagener began his career in commercial real estate in 1960 as an associate of Arthur Rubloff & Co. At that time Rubloff was the preeminent leader in the commercial real estate industry. Mr. Wagener worked the city and burgeoning suburban industrial market that would become known as the O’Hare market.

In 1964 Mr. Wagener formed Owen Wagener & Co. His focus was the industrial parks surrounding the newly developed O’Hare International Airport. Realizing the opportunity for stability and growth, Mr. Wagener soon began syndicating groups of investors to purchase multi-tenant industrial properties near O’Hare. His success created a portfolio of investment properties that he diligently managed and leased.

During the 1970’s Mr. Wagener had a loyal following of passive investors seeking an opportunity to invest with him. In at least one instance, Mr. Wagener loaned a friend $5,000 to put in his newest investment property. Needless to say, that loan reaped massive benefits earning his friend hundreds of thousands of dollars over the next 30 + years. Mr. Wagener’s focus and conservative approach to investing have produced many passive investor millionaires throughout his career. 

In 1993, Mr. Wagener sold the company that bears his name and co-founded Wagener Equities Commercial Real Estate Services, Inc. Commercial Real Estate Services, Inc. Since then, he has focused his energies on building his real estate portfolio through new acquisitions. Additionally, Mr. Wagener has been instrumental in financing projects through private sources. Owen Wagener retired from daily business activities in 2006, but he continues to actively counsel the firm on all matters related to managed property finance and governance.

Mr. Wagener is a graduate of Northwestern University with a major in Business Administration. He is a veteran who served in the Navy during World War II. Additionally, Mr. Wagener is a founding member of the Association of Industrial Real Estate Brokers (AIRE).  He is married to his wife Lois for 55 years. Together, they have 6 children and 13 grandchildren. Mr. Wagener resides in Glenview, IL.

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