Illinois - Oakbrook Terrace
Mid-America Asset Management, Inc
Michelle Panovich is one of the Senior Partners with primary responsibility as one of the operating partners of Mid-America Asset Management, Inc. Michelle has over 35 years of real estate construction, development and management experience, with the last 33 years concentrated in the shopping center industry. Ms. Panovich is responsible for development services, client coordination, construction management, receivership services, property management and accounting for Mid-America Asset Management, Inc.
At Mid-America, she has successfully provided the management and redevelopment of several major properties, such as Streets of Woodfield in Schaumburg, Illinois and Brickyard Mall in Chicago, Illinois, Ford City Mall also in Chicago, Deerbrook in Deerfield, Illinois and the economic revitalization of downtown areas, such as the redevelopment of LaGrange, Illinois, as well as a mixed-use project in downtown Park Ridge. Her ability to develop excellent relationships with clients and tenants allow the implementation of meaningful action plans that result in bottom line success for the clients they serve.
In Ms. Panovich’s earlier tenure with Erie Development from 1988 through 1990, as Vice President of Management she was responsible for the management and redevelopment of shopping centers. Prior to that, Ms. Panovich held a position in the Equity Properties Construction Management Division, responsible for the redevelopment of major properties. Most notably, she managed the redevelopment of Ford City Mall.
Ms. Panovich holds a Bachelor’s Degree in Business from Davenport University; an Associate Degree in Art from Grand Rapids Junior College, is a member of the International Council of Shopping Centers (ICSC) and Women in Retail Leasing (WIRL). Ms. Panovich also serves on the Marshall Bennett Institute of Real Estate at Roosevelt University in Chicago, Illinois, the Marquette University Center for Real Estate Advisory Board, and was the past President of the College of DuPage Foundation Board. In 2013, Michelle was awarded the Lifetime Achievement Award from Roosevelt University.