2014 Chicago SIOR Chapter Transaction Award Winners
81 Cooperative Transactions from 40 members and 14 Platinum Sponsors totaling $688,475,832 and comprising of 5,915,140 SF and 360.4 acres of land.
Largest Number of Transactions – Intra Chapter (with members of our chapter or a Platinum Sponsor)
Dave Bercu, SIOR, Colliers International (with 17 transactions)
Largest Dollar Volume Transaction – Industrial Build to Suit for Lease with two Platinum Sponsors
Duke Realty, Platinum Sponsor was the developer and Keely Construction was the contractor for the 757,120 sf lease valued at $44,000,000 to Weber Grill.
Largest Dollar Volume Tranaction – Industrial Building with a Platinum Sponsor
Brendan Kelly, SIOR represented Platinum Sponsor, DP Dermody Properties, Platinum Sponsor for the 662,700 SF spec building valued at $48,000,000. The site was originally a brownfield site in McCook, IL
Largest Dollar Volume Transaction – Office
Gregg Witt, SIOR, represented the seller, American College of Chest Physicians, and Michael Flynn, SIOR, represented the buyer, International Sanitary Supply Association for the sale of a 25,677 sf office building valued at $$3,250,000.
Largest Dollar Volume Transaction – Investment Sale with a Platinum Sponsor
John Huguenard, SIOR and Trevor Ragsdale, SIOR represented Platinum Sponsor, Northern Builders, in the 1,373,973 SF Portfolio sale totaling $90,900,000
Largest Dollar Volume Transaction – Redevelopment with a Platinum Sponsor
George Cibula, SIOR, represented the buyer/new lessor, Viorgo, LLC, George Maragos, SIOR, represented Pactiv/new lessee, and Vern Schultz, SIOR, represented Ivex Corp, the past tenant for the 120,000 sf building in Bridgeview. Platinum Sponsor Peak Construction handled the design and construction of this 45 year old building up to a food grade manufacturing facility.
Largest Dollar Volume Transaction – International with a Platinum Sponsor
John Huguenard, SIOR, represented IDI Gazeley, in the Atlanta, GA office for the 35 building portfolio valued at $301,721,476 in 4 cities in Mexico.
Largest Dollar Volume Land Transaction - with a Platinum Sponsor
Elise Couston, SIOR represented the Platinum Sponsor Liberty Property Trust for the 53 acre sale in valued at $10,635,000 in Minooka, IL.
Most transactions completed by a platinum sponsor with Chicago SIOR members
ProLogis with 51 transactions (totaling $165,527,496 with 25 members)