Five Decades of Real Estate Investment

Mr. Devine is a founding Principal of Newcastle Properties, LLC and President of NORCOR Investments, Inc., both full service real estate investment companies specializing in major commercial properties throughout the United States. 

Prior to the formation of Newcastle and NORCOR, Mr. Devine was President and co-founder of Superior Investment and Development Corporation (SIDCOR), and in such capacity supervised operation of a 3+ million sq. ft. real estate portfolio as well as acquisition and development, management or leasing activities on a variety of real estate projects with a gross leasable area in excess of 15 million square feet.

Prior to co-founding SIDCOR in 1980, Mr. Devine was employed by Arthur Rubloff & Company, where he served as Vice President of Real Estate Development, Vice President of the Retail Properties Group.  At Rubloff, he specialized in the acquisition, investment and development of commercial properties.  Mr. Devine has also served major corporations such as Wachovia Bank & Trust Co., U.S. Gypsum Co., and Carson Pirie Scott & Company in a consulting capacity with respect to major commercial real estate transactions.  Mr. Devine has been a lecturer and instructor at various trade association seminars and has served as an expert witness in several Federal Court cases in the area of commercial real estate practice He is also a former Lieutenant in the U.S. Navy, having served with distinction in the Atlantic, Pacific and Southeast Asia.  Mr. Devine is a Disabled Veteran from military service in the Makong Delta of Vietnam and received a Naval Commendation Medal and other awards for combat in the service of our country.

Mr. Devine is a former member of the Illinois Bar and was a licensed real estate broker in Illinois. He holds a Bachelor of Science Degree in Business Administration from Marquette University and Juris Doctorate Degree from Loyola University School of Law.  He is also a former member of the International Council of Shopping Centers (ICSC), the American, Illinois and Chicago Bar Associations, the National and Illinois Associations of Realtors, the Chicago Real Estate Board, and the Real Estate Securities and Syndication Institute.  Mr. Devine is also on the Real Estate Property/ Committee/Chicago Metro Division of The Salvation Army, and a Founding Member of The Center for Real Estate at Marquette University.  Mr. Devine received the “Alumni of the Year” award in 2010 from Marquette University School of Business for service to the University.