We are a commercial real estate firm specializing in retail and office properties in the Chicago metro area. The strength of our networking and quick response to clients is what sets us apart. The main office is located in the heart of the financial district of downtown Chicago.

SPERO P. ADAMIS Spero’s career in commercial real estate spans two decades with a heavy concentration in retail brokerage and property management. He started working for a developer after becoming a licensed broker in the State of Illinois where he learned the ins and outs of shopping center leasing and management. Although he enjoyed working with tenants to find the right location as well as negotiating mutually acceptable lease transactions, he also realized the importance of effective property management to the success of the firm.

He decided to join a national commercial brokerage company in the next phase of work in the late 90’s. The training and discipline offered there was something new and helpful with respect to sharpening his skills in the retail real estate world. There were opportunities to work in teams on larger projects to handle leasing assignments for new centers as well as older properties in need of capital investment.

Upon leaving this large organization, Spero joined a well respected boutique retail brokerage firm in downtown Chicago. Here he learned that a broker could work on a niche within retail brokerage and concentrated on becoming an expert in restaurant related transactions. Chicago is known for its variety and abundance of restaurants and has a scene that is closely watched by experts in the industry.

While working at this small firm he forged new friendships with colleagues that would become part of the fabric that makes Cornerstone Commercial Partners II, LLC a success. Spero is currently the President of the Chicagoland Restaurant Brokers Association and is active with the International Council of Shopping Centers. He continues to grow this firm from its inception in the suburbs to a leader in retail real estate brokerage as well as property management in Chicago and beyond.

MIKE BAUER joined the Cornerstone Team in 2010 and was previously with Commercial Realty Exchange in Naperville, Illinois where he was both a Partner and Managing Broker. Mike brings a wealth of experience to Cornerstone with over 25 years of work and ownership in the restaurant industry. While Mike specializes in the bar and restaurant commercial side of the business, he also has had significant experience with both independents as well as major operators including Restaurants of America and Ala Carte entertainment. Mike has gained a deserved reputation for working closely with clients and paying detailed attention to their needs and requirements.

JOSEPH GRODY, a 35+ year veteran in commercial real estate specializing in retail and restaurant transactions, joined Cornerstone Commercial Partners in 2016 as Senior Vice President. Joe's experience includes owner/operator of several restaurants as well as one of the largest national retail eyewear chains in the United States. Joe was the master broker representing Sears Holdings Corp. (SHC) during the national rollout of their Home and Appliance Showrooms and today represents Sears Hometown and Outlet Stores, spun off from SHC in 2012, with the continued rollout of the large format Sears Hometown and Outlet Stores. Joe represents retailers and restaurants throughout the Chicago metro market, regionally and nationally. Joe's achievements include his successes as a landlord representative. In February 2009, in the midst of the worst economic climate since The Great Depression, Hillside Town Center, a 350,000 square foot center anchored by Super Target, opened 70% leased. Joe then increased the leasing to 89% by the end of that year. Joe represents landlords and developers throughout Chicago and its suburban markets, and select markets throughout Illinois and the country. Joe has been honored with the top performing broker award nationally five times. Joe is a licensed Illinois Real Estate Managing Broker and a member of the International Council of Shopping Centers, Chicagoland Restaurant Brokers Association, Northern Illinois Franchising Association, and the Food Service Professionals Network.

PETER L. KARLIS, ESQ.’s practice is devoted to serving owners and lenders of investment propertiesthroughout northern Illinois with a unique combination of experience and expertise acquired from nearly 15 years in commercial real estate. Throughout his career prior to joining Cornerstone Commercial , he led initiatives in ground-up retail development, property management and investment properties brokerage and consulting. He holds degrees in risk management and economics, and is also a licensed attorney, previously in practice at a law firm where he focused on civil litigation and condominium association representation. After leaving the law practice, he joined the Multi-Housing Group at CBRE providing disposition and consulting services to multi-housing owners throughout the greater Chicagoland area. In 2014, Peter joined Cornerstone Commercial to head the Investment Property Advisory Services division.

MARIO PONCE Our Restaurant Consulting Services have been established based upon the expertise of our associate Mario Ponce. The Cornerstone team, with Mario at the helm, has the proven expertise in FOH and BOH operations to dramatically improve the operations of any restaurant. Cornerstone integrates knowledge, cutting-edge expertise and current analytical data to build a strategic and comprehensive business plan which will improve performance and profitability of any current restaurant operation. Mario specializes in working at the operating level to advance restaurants to the next level of performance and operating results.


International Council of Shopping Centers (ICSC)

Chicago Restaurant Brokers Association (CRBA)

Chicago Real Estate Council (CREC)

Northern Illinois Franchise Association (NIFA)

Food Service Professionals Network (FSPN)


Cornerstone Commercial Partners II, LLC Chicago, IL Tel 312.348.1000
Arlington Heights, IL Tel 847.392.6100
Rockford, IL Tel 815.739.6013