GGA Logo space

page header

  Aaron N. Gruen, Esq.
Principal
dashed line separator
Aaron N. Gruen applies the analytical concepts and techniques of sociology and economics in conducting market research to estimate demands for a broad variety of land uses, real estate products, and business opportunities. He combines market and economic research with financial analysis to identify and evaluate land use and economic development policies and development and redevelopment alternatives. Mr. Gruen has led or played a key role in the completion of more than 485 assignments for public entities, universities, corporations, financial institutions, retailers, law firms, and publicly-traded and privately-held real estate investors and developers. Many of these assignments have involved pre-development market, financial, and impact evaluation, land use programming, marketing and development implementation strategy, negotiation or implementation support, and the formulation of economic or business development strategy. Mr. Gruen has led many fiscal impact and economic impact assessments of housing, industrial, office, retail, hotel, and auto center uses as well as airports, colleges, hospitals, sports facilities, and infrastructure facilities.

Mr. Gruen’s market research and investment analysis has contributed to the programming and implementation of the development and redevelopment of office, retail, industrial, and residential properties in Arizona, California, Colorado, Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Texas, and Wisconsin.

Mr. Gruen has assisted Metra and the Chicago Transit Authority with programming and implementing revenue-generating asset enhancement and joint development programs for their transit stations. He has contributed to the formulation of successful reuse and deposition strategies for real estate owned by the State of California and the San Francisco School District. He led the market research and financial analysis to program and estimate the value of the disposition and reuse of the now closed 75-acre Fed C. Nelles’ Youth Correctional Facility in Whittier, California. He assisted in the evaluation and negotiation of proposals for the sale of the property and contributed to the preparation and negotiation of the purchase and sale agreement and participation agreement with the selected buyer. He also led the evaluation of proposals and assisted in the negotiation of a long-term ground lease between the State of California and selected developer for the development of 3.1 million square feet of industrial and retail space on land at a prison in Chino. He contributed market research and analysis for the planning and disposition of the award-winning Agnews Developmental Center in Silicon Valley. He has assisted educational institutions such as San Jose Evergreen Community College District, San Francisco State University, Arizona State University, and The University of Chicago with evaluating housing needs and other campus real estate development opportunities.

Market, investment, and fiscal and economic impact analysis provided by Mr. Gruen has served as the inputs and framework for the preparation and adoption of comprehensive and specific land use plans, and making decisions about economic development and infrastructure programs, land use policies and real estate transactions for many California communities including Antioch, Brentwood, Carlsbad, Corte Madera, Daly City, El Cerrito, Elk Grove, Lincoln, Milpitas, Riverside, Roseville, Santa Rosa, San Diego, San Francisco, Salinas, Scotts Valley, Tracy, Vallejo, Visalia, Placer County, Solano County, and Sonoma County; the Illinois communities of Algonquin, Antioch, Aurora, Buffalo Grove, Clarendon Hills, Calumet Park, Des Plaines, Downers Grove, East Dundee, Flossmoor, Franklin Park, Glendale Heights, Glen Ellyn, Gurnee, Harvard, Hanover Park, Highland Park, Hinsdale, Huntley, Joliet, Lily Lake, Monee, Montgomery, Morton Grove, Northbrook, Northfield, Oak Lawn, Oak Park, Ottawa, Paris, Prospect Heights, Riverdale, Romeoville, Schiller Park, South Elgin, Sugar Grove, West Chicago, Wheaton, Wilmette, Winfield, Zion, Jackson County, and Kane County (IL) and the DuPage Airport Authority and Southern Illinois Airport Authority; Scottsdale, Surprise, and Tempe (AZ); Greeley, Wheat Ridge, Centennial, Thornton, and Woodland Park and La Plata County(CO); Logansport, Whiting, and Porter County (IN); Altoona, Bettendorf, and Des Moines (IA) and the Des Moines Area Metropolitan Planning Organization; Garden City, Overland Park, and Wichita (KS); Haverhill (MA), City of Crystal and Park Rapids (MN), Liberty (MO); Plattsmouth (NE); Hobbs and Lea County (NM); Reno (NV); Blue Ash (OH); Berks County (PA); and Bristol, Brookfield, Greendale, Kenosha, La Crosse, Menomonee Falls, Oak Creek, Waukesha, Waupaca, and West Allis (WI). He has led housing needs assessment studies for the Iowa Finance Authority and many local and regional governmental entities.

Mr. Gruen has performed market and economic research for antitrust, rent control, condemnation, and zoning-related litigation. He has given deposition and trial testimony.

His article, “Takings, Just Compensation and the Efficient Use of Land, Urban and Environmental Resources” was published in The Urban Lawyer. Articles on regulatory takings and eminent domain have been published in Illinois State Bar Association and California State Bar Association journals. Articles on demographic and cultural impacts on retailing, transit oriented development, industrial and office development, comprehensive planning law, and technology disruption have been published in Urban Land. Articles in real estate and economic development topics and the influence of demographic, economic and technology change have been published by the American Planning Association, International City Managers Association, and International Council of Economic Development. He is a contributing author to the Urban Land Institute's textbook; Real Estate Market Analysis: Methods and Case Studies. He has taught market and real estate economic analysis for the Urban Land Institute's Real Estate Development School and has guest lectured for graduate classes at the University of Notre Dame architectural department and the Walter E. Heller College of Business Administration at Roosevelt University.

Mr. Gruen earned a B.A. with honors from the University of Chicago and a J.D. from DePaul University College of Law. He is licensed as an attorney at law in the State of Illinois. He has served on Urban Land Institute’s Office and Industrial Park Council and Small Scale Development Council. He is a member of the International Council of Economic Development. He is a member of the Lambda Alpha Honorary Land Economics Society.

GRUEN GRUEN + ASSOCIATES
dashed line separator

Content Copyright © 2014 GRUEN GRUEN + ASSOCIATES. All Rights Reserved.
{ site map }