The Instant Group has hired a senior member of the growing US team, Nestor Eliadis as CFO, COO, Americas.
The Instant Group is pleased to announce that Nestor Eliadis has joined the firm as its Americas Chief Operating Officer and Chief Financial Officer. He will be based in the firm’s new Chicago office, working alongside Instant’s newly appointed CEO Americas Joe Brady.
Eliadis 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 U.S. 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 largest set of data on the flexible office market, spanning 20 years and offering a sector-wide view from work with clients procuring and managing offices in more than 2,280 cities and 153 countries.
An accomplished real estate professional with more than 20 years of experience in corporate real estate and finance; real estate consulting and brokerage; project management and architecture, Eliadis most recently served at Walgreen Co. for nine years in the real estate and finance divisions. During his tenure there, he led real estate 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.
Joe Brady, CEO Americas, said, “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.”
Eliadis added, “I am excited to join The Instant Group. The real estate organization is driven by client solutions, grounded by fundamental economics, and differentiated by industry-leading flexible workspace data and value-creating delivery partnerships. Tenants seek flexibility, agility, and leverage in their real estate choices- more every day. The Instant Group’s information platform and aligned partnership model are world-class and optimal for clients.”
Instant currently employs 307 people in 13 cities around the world. The company has recently been ranked at No 25 on the ninth annual Sunday Times HSBC International Track 200.