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CHICAGO—Global workspace consultant The Instant Group reports it has hired Nestor Eliadis as its Americas chief operating officer and chief financial officer.
Eliadis most recently served at Walgreen Co. for nine years in the real estate and finance divisions. His appointment follows the October 2019 hiring of CEO Joe Brady, who previously had served as divisional VP for real estate at Walgreen Co.
Eliadis will be based at The Instant Group’s new Chicago office and will be working alongside CEO Brady.
He will lead operations and finance for The Instant Group in the Americas, a fast-growing region for the global firm. In the past five years, Instant has opened five offices across the US and continues to expand to meet and anticipate client needs. Instant’s sales offices in Dallas, San Francisco and New York have doubled in size over the past two years. Globally, Instant has procured and managed offices in more than 2,280 cities and 153 countries.
Joe Brady, CEO Americas, says, “Nestor and I have a long history working together, and his real estate finance expertise and strategic operational oversight will be critically important to The Instant Group as we lead the way advising clients on workspace flexibility and agility in this new decade and continue to deliver on our consulting services, worldwide managed office solutions, and global data on the flexible workspace market.”
An accomplished real estate professional with more than 20 years of experience in corporate real estate and finance; Eliadis has led real estate operations for more than 3,500 operating assets; 1,000 idle dispositions; $2 billion in sale-leasebacks; multiple organizational transformations; the acquisition of nearly 2,000 properties; and scaled finance programs totaling more than $4 billion in operating expenses, $1 billion in capital expenses and $150 million in cost reductions annually.
London-based Instant currently employs 307 people in 13 cities around the world.