About Us

Ketone Partners (Ketone) is a full-service real estate development, management and advisory company with national experience in the acquisition, development and management of commercial & agricultural properties.

Ketone provides build-to-suit, project management and occupancy solutions to corporations and individuals throughout North America.

Ketone creates value by providing individual, professional and proven real estate development experience at a fraction of the cost of national firms.  Mindful of budgets and schedules, Ketone maximizes the financial returns of projects by actively managing the real estate planning, permitting, bidding, financing and construction process.

Ketone brings extensive commercial real estate planning and development experience to each project, and provides the services at a fraction of the cost a national firm provides.

Maximize the value of your real estate project while minimizing the cost with Ketone Partners.


Kyle Schuhmacher


Mr. Schuhmacher has participated in the structuring, financing, ownership, acquisition, development, management and disposition of more than $2.0 Billion of real estate projects located throughout North America. Mr. Schuhmacher has spearheaded the development of individual real estate projects ranging from $1 Million to $1 Billion in total market value.


He provides a structured environment for real estate development projects, maintains open lines of communication among all team members, promotes creative thinking and acts with the utmost integrity. Investment returns are maximized by utilizing creative financing and incentive programs such as Tax Incremental Financing Districts, Tax Exempt Bond programs and grants.

Mr. Schuhmacher earned degrees in Real Estate & Urban Land Economics and Business Management from the University of Wisconsin — School of Business. He is an active member of the Wisconsin Real Estate Alumni Association, Council of Supply Chain Professionals, Urban Land Institute, Warehousing Education and Research Council and the National Association of Industrial & Office Properties.


Jennifer Wagner

Vice President – Development Services

Ms. Wagner is Vice President of Development Services at Ketone Partners. Jennifer is responsible for managing Ketone’s real estate development projects and growing its third-party project management practice. Prior to joining Ketone Partners, Ms. Wagner was Senior Vice President at a privately traded REIT based in Chicago where she was responsible for the implementation, execution and management of its development platform in the Central United States.

Jennifer has over twelve years of experience in industrial real estate including acquisition, leasing, management, development, construction and disposition. Over the course of her career, Jennifer has underwritten and closed over 5 million square feet of acquisition and development projects along with 2,000 acres of land acquisition across North America. She was responsible for the project management of a 12-million square foot intermodal facility.

Ms. Wagner earned degrees in Real Estate & Urban Land Economics and Marketing from the University of Wisconsin – School of Business.


Kevin Carr

Real Estate Development Project Manager

Mr. Carr assists with Ketone’s growing project management practice and its real estate development projects.

As part of Ketone’s advisory services team, Mr. Carr helps manage commercial real estate development projects by assisting owners with budgeting and project financing, planning, construction, and occupancy and closeout. He also assists in the entitlement, permitting and bidding process.

For Ketone’s development projects, which concentrate primarily on the industrial market, Mr. Carr assists with property valuations, collecting and interpreting market and demographic data, and project underwriting.

Mr. Carr earned a finance degree in agribusiness with a minor in business administration from the University of Illinois Urbana-Champaign.