November 2010

NAIOP Award winners announced

NAI Hiffman took home two awards at the NAIOP Awards in Chicago last night.
The firm received the Property Management Firm of the Year and the Industrial Transaction of the Year for a deal between True Value Company and Mirvac Industrial Trust  in Harvey, Ill. The deal,  negotiated by John Cash and David Haigh, was for a 10-year lease renewal for the full 1,194,650-square-feet of space at  308 S. Division Street. e tenant with a transaction value of $26 million.  The deal was valued at $26 million.

The other multiple winner on the night was Hines. The developer received Office Development of the Year for 300 N. LaSalle and Green Development of the Year for the same project.

The complete list of winners:

Office Development of the Year
300 N. LaSalle, Chicago, IL
Developer: Hines

Industrial Build-to-Suit of the Year
3M Regional Distribution Center, Park 88 – 1250 Macom Drive, DeKalb, IL
Developer: Venture One Real Estate, LLC / Clayco Realty Group

Industrial Speculative Development of the Year
Crossroads 5, 801 N. Schmidt Road, Romeoville, IL
Developer: Duke Realty Corporation

Industrial Redevelopment of the Year
Alsip Distribution Center #1, 5100 W. 123rd Street, Alsip, IL
Developer: ProLogis

Office Redevelopment of the Year
Woodfield Pointe Office Center, 231 N. Martingale Road, Schaumburg, IL
Developer: Keystone Property Group

Green Development of the Year
300 N. LaSalle, Chicago, IL
Developer: Hines

Broker Transaction of the Year – Downtown Office
United Airlines, Inc. at Willis Tower at 233 S. Wacker Drive, Chicago, IL
Tenant/Buyer Brokers: Molly Carroll, David Matthews, Hugh Murphy, Meredith O’Connor, Steve Stratton, Jones Lang LaSalle
Landlord/Seller Broker: Mike Kaz, U.S. Equities Realty

Broker Transaction of the Year – Suburban Office
Career Education Corporation at Woodfield Pointe Office Center at 231 N. Martingale Road, Schaumburg, IL
Tenant/Buyer Brokers: Chad Freese, Mark Pasquella, David Saad, James Whalen, CB Richard Ellis, Inc.
Landlord/Seller Broker: Jack Reardon, formerly with CB Richard Ellis, Inc.

Broker Transaction of the Year – Industrial
True Value Company Distribution Center at 308 S. Division Street, Harvard, IL
Landlord/Seller Brokers: John Cash, David Haigh, NAI Hiffman

Broker Transaction of the Year – Office Investment
180 N. LaSalle, Chicago, IL
Brokers: Jeffrey Bramson, Jaime Fink, Kenneth Glomb, Holliday Fenoglio Fowler

Broker Transaction of the Year – Industrial Investment
IDI/JP Morgan Industrial Portfolio, 150 E. Crossroad Parkway/553 Joliet Road, Bolingbrook, IL and 1550 Central Avenue, Roselle, IL
Brokers: Jeffrey Devine, Steven Disse, Jeffrey Kahan, Colliers International

Architectural Firm of the Year
IA Interior Architects

General Contractor of the Year
McShane Construction Company

Industrial Developer of the Year
CenterPoint Properties

Property Management Firm of the Year
NAI Hiffman Asset Management, LLC

From: REJournals.com

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