Graycor Construction Company Names Timothy F. Hanifin President

OAKBROOK TERRACE, IL – Graycor Construction Company Inc. (GCC), a subsidiary of Graycor Inc., a national leading provider of construction, maintenance, and facilities services, announced today that Timothy F. Hanifin has been promoted to President.

Tim is a strong leader who embraces the importance we have placed on our culture, our defining business objectives, our core values and ultimately our reputation,” said David L. Wing, President and COO of Graycor Inc. “Graycor recently celebrated our 100th anniversary, and we are excited to have Tim lead Graycor Construction Company as we embark on our next century in business.”

Hanifin began his career with Graycor as an intern in 1995 while attending Northwestern University. In 1998, he joined the company as an Engineer in Graycor’s Engineering Mentoring Program.  He holds a B.S. in Civil Engineering from Northwestern University and is a graduate of Graycor’s Leader of Leaders program. Most recently, Hanifin served as the company’s Senior Vice President.

With 25 years of construction industry experience, Hanifin has led the company’s expansion of its shopping center, retail, and entertainment client base and in recent years has played a key role in growing Graycor’s distribution center business nationally.

“I am privileged to lead our team of talented and dedicated construction professionals, and look I forward to the continued growth of our business through the ongoing commitment to the growth and development of our people,” Hanifin said.

He is a LEED Accredited Professional (LEED AP) and earned the distinction of a Certified Design, Development and Construction Professional (CDP) from the International Council of Shopping Centers. He is also a member of the Structural Engineers Association of Illinois.

Founded in 1921, Graycor is a leading provider of construction, maintenance and facilities services throughout the U.S., Canada, and Mexico. Graycor offers clients in a variety of industrial and commercial markets, the strength and experience needed to tackle the most sophisticated jobs and the flexibility to meet their toughest challenges. The Graycor group of companies is headquartered in Oakbrook Terrace, IL, with regional offices and project sites throughout North America. For more information, please visit www.graycor.com.

PHOTO: Timothy F. Hanifin, President, Graycor Construction Company Inc.




Industry veteran Dale Marr oversees change of leadership at Concord General Contracting

MESA, ARIZONA – Leadership is the legacy that defines Dale Marr, who in 2021 is celebrating 40 years in the construction industry, 28 of those helping guide the growth of Concord General Contacting, Inc.

“Being a part of the second generation of leadership at Concord has been a great privilege and wonderful experience. Jim and Gary Jackson founded this company on the principles of integrity and relationships. I have been honored to have the opportunity to continue growing Concord based on these guiding principles,” said Marr, a shareholder with the general contracting firm, which celebrates its 50th anniversary next year.

Marr, who will officially retire in 2022, has also been instrumental in building the foundation for the new leadership team. The transition began in 2018 when Marr handed the CEO reins to Grenee Martacho and named third-generation leaders including COO Jason Beaver and President JV Nyman.

“Concord was a smaller company when I started in 1993. Most of our work at the time was procured through the low bid system. I was hired as a project manager, and we had just opened the Tucson office, so we were poised for growth.”

In 2001, Arizona’s approval of alternate delivery methods played a key role in facilitating the next phase of growth, Marr said. This included design-build, construction manager at risk, and job order contracting. It allowed public owners to select and negotiate with construction firms based on qualifications, not just low bid.

“This necessitated creating a marketing and business development department, which became instrumental in obtaining work. I was able to help lead this process in the 2000s and help the company grow,” he said.

Concord specializes in serving the K-12 sector, religious facilities, municipal work, and higher education projects. It has expanded its portfolio in recent years to include auto dealerships, medical office buildings, municipality work, and historical renovations.

“Working with churches is one of the areas I am particularly passionate about,” Marr said. “We enjoy walking with them through the building process. To watch church members enter a new facility for which they made personal financial sacrifices is something to behold. It gives real purpose to why we do what we do.”

Since becoming a partner in 2002, Marr was instrumental in bringing to reality the transition of Concord to an ESOP (employee stock ownership plan).

“Years ago, I, along with my partners, had the vision to transition Concord to an ESOP. This became a reality just last year, but already it has had very positive effects on our company culture. This will make Concord an even more desirable firm to belong to for years to come,” Marr said.

During his career at Concord, Marr said there is one thing that hasn’t changed – the company takes pride in taking that extra step and always caring about the project, and caring about its employees.

“People don’t care how much you know until they know how much you care,” Marr said. “I take that to heart with clients and our people. That’s who I am. That’s how I am wired. We don’t get every project, but we get the ones we want.”

A native of Peoria, Illinois, Marr attended the U.S. Air Force Academy in Colorado Springs, Colo., and earned a bachelor’s degree in civil engineering from the University of Arizona. He also played football at the academy.

“I’m most proud of helping develop our people over the years and influencing the culture of Concord,” Marr said. “To the best of our ability, we’ve tried to hire people with solid character traits, knowing that, along the way, we will teach the technical skills and the unique Concord style that sets us apart from other companies.

“We want to be known not only as a great general contractor to work for, but also a place where a person can thrive and achieve their professional goals beyond just earning a paycheck.”




Larsen Baker sells Chuze Fitness as Single Tenant Net Lease Investment

Tucson, AZ. – Larsen Baker recently sold the Chuze Fitness located at 3693 South 16th Avenue in Tucson, Arizona. The building was sold as a net lease investment with 10 years remaining on the lease. The buyer was Dragoon Properties, LLC, an Arizona limited liability company. The property sold for $3.6 million ($183 PSF).

The affordable Tucson gym located in Sunset Villa includes hydro-massage, steam room, sauna, tanning & more. Memberships starting at only $9.99 as in Chuze Fitness Centers everywhere!

The seller, Ajo/I-19 Developers, LLC, an affiliate of Larsen Baker, was represented by Isaac Figueroa who handled the transaction.

For more information, Figueroa should be reached at 520.296.0200 x218.