Louis S. Kahnweiler

Louis S. Kahnweiler (October 14, 1919 – February 26, 2017) was a real estate investor who co-founded the firm Bennett & Kahnweiler.

Louis S. Kahnweiler
BornOctober 14, 1919
Chicago, Illinois
DiedFebruary 26, 2017(2017-02-26) (aged 97)
Lake Forest, Illinois
NationalityAmerican
EducationNorthwestern University
Spouse(s)Ruth Markus
Children3

Biography

Kahnweiler was born to a Jewish family[1] in Chicago and was raised in the Hyde Park neighborhood.[2] In 1937, he graduated from Hyde Park High School and in 1941 he graduated with a B.A. in business from Northwestern University.[2] He served in the U.S. Navy.[3] In 1947, he co-founded with Marshall Bennett the real estate development company Bennett & Kahnweiler.[4][5] He is known for the development of industrial parks, including Centex Industrial Park in Elk Grove Village, Illinois in 1957 located to the west of O'Hare airport.[6] Kahnweiler amassed a portfolio of 26 industrial parks around the country. In 1985, he added investment counseling, property management, office brokerage and development to a company better known as a broker of factories and developer of industrial parks.[2] Kahnweiler's firm is now known as Colliers International, after investments by a Toronto-based commercial real estate servicer.[5][7]

Among Kahnweiler's adages was, "Don't ever become a prisoner of your financial lifestyle"[3]

Philanthropy

Kahnweiler served as "Life Trustee" of Roosevelt University.[8] He served as President of District 108 School Board in Highland Park, Illinois.[9] He also served on the board of directors of Highland Park General Hospital, Exchange National Bank of Chicago and Roosevelt University.[9]

Personal life

In 1948, he married Ruth Markus; they had three children: Nancy Kahnweiler Randall; William Kahnweiler, and Kathy Kahnweiler.[9][1] He died on February 26, 2017 in Lake Forest, Illinois of natural causes.[3] Services were held at Mitzvah Memorial Funerals.[1]

References
  1. Jewish United Fund of Chicago: Obituary "KAHNWEILER, LOUIS S." March 8, 2017
  2. Ibata, David (October 13, 1985). "Self-renewal Kahnweiler's Motto". Chicago Tribune. Retrieved March 17, 2017.
  3. Strahler, Stephen (March 3, 2017). "Real Estate Pioneer Louis Kahnweiler Dies at 97". Crain's Chicago Business. Retrieved March 17, 2017.
  4. Ibata, David (March 15, 1988). "Bennett & Kahnweiler Appoints 6 Principals". Chicago Tribune. Retrieved March 15, 2017.
  5. "Our Local History: Creativity and Innovation in Chicago since 1947". Colliers International. Retrieved March 15, 2017.
  6. Crown, Judith (March 1, 1997). "It Takes an Elk Grove Village". Crain's Chicago Business. Retrieved March 15, 2017. Mr. Behm's company and its founder, Louis S. Kahnweiler, developed the park in 1957 with Chicago's Pritzker family and Texas tycoon Clint Murchison Jr., the original owner of the Dallas Cowboys. Named after Mr. Murchison's real estate company, Centex Industrial Park was the nation's largest industrial park at the time.
  7. Corfman, Thomas A. (April 19, 2010). "Colliers Bennett & Kahnweiler sells minority stake". Crain's Chicago Business. Retrieved March 15, 2017.
  8. "Board of Trustees: Life Trustees". Roosevelt University. Retrieved March 15, 2017.
  9. Mitzvah Funderals: "Obituary for Louis Kahnweiler" retrieved May 11, 2017
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