Frank Scherer  |  Broker IC, Office
Professional Profile
Client Relationships
Office Description
Career Summary:

Frank is a vice president in Grubb & Ellis’ Portfolio Restructure Group. He brings extensive expertise to clients seeking to right-size or decrease overhead costs to reinvest back into their businesses. Prior to joining Grubb & Ellis, Frank was a 35-year veteran of the restaurant industry. He held unit, field and executive-level positions in operations as well as executive positions in franchise operations and development. This experience, combined with 11 years as vice president of Real Estate and Development, has established Frank as a resident expert in all facets of the business. As a restaurant real estate professional and steward of asset portfolio oversight for VICORP Restaurants Incorporated, he efficiently managed long-term debt obligation while growing multiple brands in 27 states from coast to coast. In addition, by way of his portfolio restructure work, Frank was a key member of the team which effected VICORP's successful exit from Chapter 11 bankruptcy.


Specialties:
  • Office

Experience:
  • 2009 to Present: Vice President, Grubb & Ellis Company
  • 1994 to 2009: Vice President, VICORP Restaurants, Inc.
  • 1989 to 1994: Director, VICORP Restaurants, Inc.
  • 1983 to 1988: Regional Director, American Service Management, Enterprises
  • 1981 to 1983: Chi Chi's Mexican Restaurants, Service Manager
  • 1976 to 1981: Marriott Corporation, General Manager

Education:
  • Holy Family College
  • Pierce Junior College

Professional Recognitions / Affiliations:
  • International Council of Shopping Centers
  • Turnaround Management Association

Contact Information
Frank J Scherer

Broker IC, Office
303.748.7597

500 W Monroe St
Suite 2900
Chicago, IL 60661
USA

Licenses:
   IL - 475.145751
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