Founders 3
Press Release

Founders 3 Names Industry Veteran President of Founders 3 Commercial Services, Inc.


By - Mar 20th, 2020 08:37 am
Kevin Armstrong. Photo courtesy of Founders 3.

Kevin Armstrong. Photo courtesy of Founders 3.

Founders 3 announced today it has named industry veteran, Kevin Armstrong, as President of Founders 3 Commercial Services, Inc.; the firm’s office, industrial and investment brokerage divisions. Armstrong was previously Managing Director of CBRE’s Wisconsin operations.

Armstrong brings more than 30 years of commercial real estate experience to Founders 3 and was named Commercial Realtor of the Year in 2018. As President, Armstrong will work closely with the firm’s partners, brokers and staff to serve clients and grow business by capitalizing on the group’s deep experience in this complex market segment.

“Founders 3’s local ownership and independence sets the company apart from its competitors,” Armstrong said. “I am excited to join such a talented and dedicated group of real estate professionals.”

“We’ve had our eye on Kevin for a long time,” said Ned Purtell, firm Partner. “Not only does he bring extensive knowledge of the brokerage business, strong relationships and the Milwaukee market, but he’s also known for an unwavering level of integrity.”

Armstrong is a board member of Commercial Association of Realtors Wisconsin (CARW). He is a graduate of the University of Wisconsin Milwaukee where he earned a Bachelor of Science and Master of Business Administration.

About Founders 3: Founders 3 is a full-service, market-leading commercial real estate company that is changing the way companies and clients can find, achieve, and maintain the greatest value in Wisconsin and beyond. We offer a comprehensive line of brokerage, management, and consulting services.  Our principals at Founders 3 grew up in Milwaukee and thoroughly understand the people and the market. The firm launched in June 2017 and is comprised of three divisions consisting of 12 principals and over 230 Milwaukee area employees. All divisions have deep local roots with a wealth of experience in the key areas of retail, office, industrial, and investment sales brokerage, along with property management.  For more information, visit

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