Seasoned Real Estate Veteran Naumann Idrees Joins Bedrock as SVP of Leasing
April 29, 2021
Idrees will lead Bedrock’s overall leasing strategy as company looks to foster and grow relationships with local and external partners
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April 29, 2021 [DETROIT] – Bedrock, Detroit’s largest real estate developer, today announced that seasoned real estate executive Naumann Idrees will join the company as its Senior Vice President (SVP) of Leasing, effective immediately.
As SVP of Leasing, Idrees will identify strategic opportunities that continue to foster an environment that attracts a diverse mix of local and national businesses and retailers to downtown Detroit and Cleveland. Additionally, he will lead a team focused on cultivating, developing and fostering relationships to establish new opportunities for acquisitions and leasing to ensure that Detroit remains a place where people and companies want to live, work and play.
“Naumann brings a wealth of experience and knowledge to Bedrock from his time working in a variety of markets across the country,” said Ivy Greaner, COO of Bedrock. “As we focus on bringing our landmark assets and developments to fruition, I look forward to working with Naumann to create world-class destinations through a mix of retail, restaurant and office tenants.”
Idrees has more than 20 years of experience attracting and building relationships with dozens of retailers in major markets throughout the U.S. including New York City, Chicago, Los Angeles, San Francisco, and Dallas. He maintains an extensive background in development leasing, portfolio management and strategic planning.
Most recently, Idrees was the VP of Leasing for Starwood Retail Partners in Chicago, where he oversaw property merchandising, lease transactions and tenant allowance capital for over 15 million square feet of office and retail space. He additionally led the successful leasing of a $70 million development in Northern California, resulting in double-digit sales growth.
“I am excited to be a part of the team focused on celebrating local talent while continuing to attract the world’s most notable brands to our portfolio,” said Naumann Idrees. “This is the perfect opportunity to apply my years of experience as we work together to grow density downtown and create a memorable destination for residents and visitors.”
Bedrock, Detroit’s largest real estate company, is a full-service real estate firm specializing in acquiring, developing, leasing, financing and managing commercial and residential buildings. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties, including some of the most significant new developments that Detroit and Cleveland have seen in decades. Bedrock’s portfolio totals more than 18 million square feet of office, retail and residential space within new construction and adaptive reuse projects.
The majority of Bedrock’s hundreds of office, retail and restaurant tenants in Detroit’s technology-centric downtown are new to the market. Notable office tenants include Coyote Logistics, Microsoft, Quicken Loans, LinkedIn, StockX, Universal McCann, NPower and Ally Bank’s national headquarters. Notable retail tenants include H&M, The Lip Bar, 6 Salon, Nike, Shake Shack, Buddy’s Pizza, Eatori and countless others.
Bedrock is currently developing a number of landmark projects across downtown Detroit, including the Hudson’s Site, the Book Tower restoration and City Modern. Creating unique experiences through real estate is Bedrock’s mission and to make this a reality, Bedrock and its affiliates continuously invest in significant placemaking and public art initiatives throughout the city.
In 2020, Bedrock became one of the only landlords in the country to launch several initiatives designed to support small business and retail tenants during the COVID-19 pandemic, which continue today with heated outdoor dining experiences, free parking and a drive-in movie theater.
Partnering with Detroit-based Shinola, Bedrock developed the world’s first Shinola Hotel on Woodward Avenue, which opened in early 2019.
Click here to view a complete timeline of Bedrock and the Rock Family of Companies’ engagement within the Detroit community.