Great American Group, a provider of asset disposition, valuation and appraisal services, has relocated to new office space in downtown Chicago, located at 10 South LaSalle Street, Suite 2170.

Great American Group’s Chicago office has been located in the downtown area since 2009, but growth in its Advisory and Valuation Services business in the Midwest has prompted a move, recently promoted senior vice president, Bill Soncini said.

“The growth in activity necessitated bringing on additional resources, which involved the relocation of senior personnel to Chicago from other company offices, as well as the local hiring of new associates,” Soncini said. “We now have more in-market operational resources as it relates to our inventory, machinery and equipment, and intellectual property appraisal groups, as well as our corporate valuation services division.”

Lester Friedman, chief executive officer of the Advisory and Valuation Services division, adds that the expansion in office personnel also means Great American Group can maintain its standard of exemplary customer service.

“We’ve been a valuable resource for our Midwest clients, evidenced by our need for expansion. We sell on expertise, the ability to deliver what we promise, and accessibility. Bringing more personnel to the market equates to more attention for our clients,” Friedman said.

Although there is a change in the physical address of the Chicago office, all office phone and fax numbers remain unchanged.