David R. Graff

David R. Graff

EVP & Managing Director Project Services


    During his 32 year career in real estate, David has completed more than $1 billion worth of development, redevelopment, tenant improvement, and acquisition and disposition projects. His vast experience extends across the commercial, healthcare, lab, and residential sectors, and includes development, project management, construction, brokerage, acquisition/disposition, facility management, and architecture.

    David has directed MBRE’s Project Services division since 2005 and has completed 350 projects valued at more than $1 billion. Of note, David oversaw the 440,000-square-foot LEED Gold development of Astellas Pharmaceutical’s North American headquarters in Glenview, IL, completed in 2012, and also implemented eleven lab and office build-out projects for the pharmaceutical company in locations including New York, California, Colorado, Seattle, São Paulo, Brazil, Bogota, Columbia and Toronto. David also managed construction for a 110,000-square-foot LEED Gold headquarters for the General Board of Pension & Health Benefits of the United Methodist Church, in addition to various healthcare developments, tenant improvement, and renovation projects. David and his team have been responsible for the development of more than $4 million worth of hospitals, medical office buildings, and ambulatory care facilities. Under David’s direction, the team is very active developing cannabis cultivation and processing centers in multiple states.

    His career highlights include overseeing the $2 million renovation of Toronto’s Skydome, completing more than $50 million in building and lobby renovations, managing more than 2 million square feet of commercial office construction projects, and leading the $165 million national roll-out development of 66 assisted-living projects.

    David was the founder of Keystone Real Estate Services, a firm specializing in owner representation and project management. The firm provided planning, design, entitlement, bidding, construction, move-in, and closeout services for commercial office tenants, residential/retail developers, lenders, private schools, and building owners.

    Prior to founding Keystone Real Estate Services, David held positions with The Walken Company as a senior vice president and Chicago design firm RMM, Inc. as a senior planner.


    • Bachelor of Environmental Design - Architecture/Environmental Design, University of Colorado at Boulder
    • Bachelor of Architectural Design, University of Illinois at Chicago

    • Licensed real estate broker in the state of Illinois
    • Certified as a LEED-accredited professional
    • Featured in Green Business Quarterly, GlobeSt., Wall Street Journal, Crain’s Chicago Business and Heartland Real Estate Business

    • The Cove School (Northbrook, Ill.)

    • Astellas HQ – 420,000 SF Headquarters
    • Medline Industries – 700,000 SF Headquarters
    • Coyote Logistics – 300,000 SF Multiple Projects including Headquarters
    • Astellas R&D – 130,000 SF Lab in NY
    • Astellas R&D - 55,000 SF Labs in San Diego, CA and Cambridge, MA
    • Astellas South American – 30,000 SF Office and QC Lab in Sao Paulo Brazil and Bogota Columbia
    • Astellas Lab & Manufacturing – 260,000 SF Lab and Manufacturing in Boston, MA Area
    • Universal Cells/ Astellas – 40K SF Design and Manufacture Facility for stem cell-based products
    • University of Colorado Health – 58,000 SF Micro-Hospital in Colorado Springs, CO
    • University of Chicago Ambulatory Care Center – 120,000 SF MOB
    • Chicago Jewish Day School – 62,000 SF Private School
    • Cove School – 50,000 SF Special Needs School
    • General Board Pension & Health Benefits – 110,000 SF Headquarters
    • Conyers Medical – 30,000 SF Medical Office Building in Atlanta, GA
    • RhinoDocs – 80,000 SF Record Storage & Distribution
    • Am Shalom – 60,000 SF Synagogue
    • Development of multiple cannabis cultivation and processing centers around the U.S.
    • Medline Industries – 260,000 SF Call Center in Dubuque, IA