The Inland name and logo are registered trademarks being used under license. “Inland” refers to some or all of the entities that are part of The Inland Real Estate Group of Companies, Inc. which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by subsidiaries of Inland Real Estate Investment Corporation. 2901 Butterfield Road, Oak Brook, Illinois 60523 | www.inlandgroup.com | (630) 218-8000 | @inlandgroup Acquisitions | Brokerage | Development | Commercial Lending | C-PACE Financing REITs | Public & Private Limited Partnerships | DST & 1031 Exchange Programs
MULTIFAMILY
ENGINEERING FIRM OF THE YEAR
EMERGING LEADER OF THE YEAR - FEMALE
MEDICAL PROPERTY
SOCIAL MEDIA INFLUENCER
LENDER OF THE YEAR
INTERIOR DESIGN, SUBURBAN
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION
ARCHITECTURE FIRM OF THE YEAR
AFFORDABLE HOUSING
PROPERTY MANAGER OF THE YEAR
STUDENT HOUSING
GENERAL CONTRACTOR OF THE YEARMULTIFAMILY
SENIOR HOUSING
BUILDING SERVICE COMPANY
BROKER TEAM, RETAIL
EMERGING LEADER OF THE YEAR -MALE
CITY / MUNICIPALITY OF THE YEAR
MOST SIGNIFICANT LEASE TRANSACTION
INTERIOR DESIGN, URBAN
INDUSTRIAL, EDUCATION/TRAINING CENTER
BROKER TEAM OFFICE
ARCHITECT OF THE YEAR
RETAIL/RESTAURANT
OFFICE
REAL ESTATE LAW FIRM OF THE YEAR
BROKERAGE FIRM OF THE YEAR
REAL ESTATE LAWYER OF THE YEAR
PROJECT MANAGER
GENERAL CONTRACTOR OF THE YEAR - HEALTH/ EDUCATION
INDUSTRIAL, CLEAN ENERGY FOCUS
LIFETIME
PROPERTY MANAGEMENT COMPANY OF THE YEAR
BROKER OF THE YEAR, INVESTMENT SALES
INDUSTRIAL, WAREHOUSE/LOGISTICS
REDEVELOPMENT/REUSE/HISTORIC
VOLUNTEER OF THE YEAR
GENERAL CONTRACT OF THE YEAR - OFFICE
BROKER TEAM, MULTIFAMILY
BROKER OF THE YEAR, TENANT REP/LEASING
SUB CONTRACTOR OF THE YEAR
INDUSTRIAL HQ
CHAMPION OF DIVERSITY
PROFESSIONAL SERVICE COMPANY
BROKER OF THE YEAR, GENERAL BROKEAGE
EXECUTIVE OF THE YEAR
GOVERNMENT/COMMUNITY FACILITY
UNION/TRADE MEMBER
BROKER TEAM OF THE YEAR, INDUSTRIAL WOMAN OF THE YEAR
GENERAL CONTRACTOR OF THE YEARINDUSTRIAL
DEVELOPER OF THE YEAR
PEOPLES CHOICE PROJECT
PEOPLE CHOICE PERSON
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JUDGES
ALISSA ADLER CHICAGO|OFFICE CAPITAL MARKETS TEAM
Alissa is in her 19th year volunteering at Save a Pet with over 3,500 hours of her time dedicated to saving animals and giving a voice to animals in need. Save a Pet is one of Lake County’s largest no-kill animal shelters and they celebrated it’s 50th Anniversary in 2022. Last year she chaired the 7th Annual Real Estate to the Rescue Golf Outing, bringing real estate professionals and golf together to raise funds and awareness.
TAMMY PEARCE GRAEF
Tammy M. Pearce is a structural engineer and Associate in the Chicago branch office of GRāEF, a full-service consulting firm. She also serves as the Chair of the Diversity, Equity and Inclusion Council for GRāEF Corporate and does business development. She has designed several acclaimed structures including Chicago’s MetroSquash Center, the renovated United Nations Headquarters, and the Franklin D. Roosevelt Four Freedoms Memorial Park in New York, which was recognized as the “Best Public Space” by Travel + Leisure magazine in 2013. A proud alumna of Chicago Public Schools, Mrs. Pearce earned the B.S. in Civil Engineering and M.Eng. in Structural Engineering from Cornell University. Mrs. Pearce also currently serves on the boards of Habitat for Humanity Chicago and ACE Mentor Chicago.
JOHN CASSIDY, SIOR LEE & ASSOCIATES
In 2002, John co-founded Lee & Associates of Illinois where he focuses on working with local and national clients to establish real estate programs, including the acquisition, disposition and leasing of industrial/office facilities and vacant land. Since its inception, John and his partners have grown Lee & Associates to a 60+ person, full service real estate firm.
RICK SINKULAR DEPAUL UNIVERSITY
Rick serves as the Douglas and Cynthia Crocker Endowed Senior Managing Director of DePaul’s Real Estate Center. He is responsible for providing strategic leadership and direction to build and advance the brand, reputation, and stature of DePaul’s Real Estate program. Rick oversees the development, marketing and execution of Institute’s real estate graduate and undergraduate academic program(s) and acts as the subject matter expert, providing input to real estate teaching, curriculum, and career placement throughout the University.
SARAH WARE WARE REALTY GROUP
Sarah Ware is no stranger to real estate. Having worked in corporate America for almost 20 years at various real estate related firms, she decided to concentrate on real estate full-time in 2007. Since then, she opened her own boutique brokerage in 2014. In addition to her brokerage, Ware started her consulting firm, Ware Consulting Solutions, where she helps businesses grow by leading with diversity. Ware currently serves on several real estate committees on the local, state and national level, and is currently the President for the Chicago Association of REALTORS®.
4 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
Title THANK YOU
Silver
Bronze
MULTIFAMILY ONE CHICAGO
One Chicago is a full-block development of approximately 2.2M square feet of new residences (812), offices (55,000 sf), retail space (188,000 sf), and four levels of below-grade parking. A 76-story main tower anchors the development at State and Superior Streets. The second 49-story tower is located at the northwest corner of Chicago Avenue and Dearborn Street. These towers rise above a 10-story podium base. The four-level below-grade parking and loading dock levels were constructed utilizing a topdown construction method to support an aggressive schedule.
Developer: JDL Development
Contractor: Power Construction
Lead Architect: Goettsch Partners; Hartshorne Plunkard
Architecture
MULTIFAMILY CASCADE
Located where the Chicago River meets Lake Michigan on one of the last developable parcels of the Lakeshore East master plan community in downtown Chicago, Cascade brought to the neighborhood 503 luxury apartments and a new publicly accessible green space, the 0.8-acre Cascade Park, which significantly improves the connection between the neighborhood and Lake Michigan. Developed in tandem with Cirrus, an adjacent condominium tower, the 37-story Cascade offers residents nearly 50,000 square feet of amenities, including state-of-the-art health and wellness facilities, various creative spaces and a biophilic conservatory, among others. The building reached stabilization within a year of opening.
Developer: Lendlease, partner Magellan Development Group
Contractor: Lendlease
Lead Architect: bKL
6 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
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MULTIFAMILY TRIANGLE SQUARE
Triangle Square creates a neighborhood and community where neither existed. The development – part of a larger planned development –occupies a formerly vacant site in Chicago’s Bucktown neighborhood. Now open, it’s a centerpiece of this new community with 21,000 SF of ground-floor retail and 298 apartments. The uniquely shaped property demanded a unique design solution. The building’s massing, including a sloped south-facing roofline with private terraces, provides 75% of the residential units with downtown Chicago views. The building is situated comfortably in its industrial surroundings due to its scale and materiality, embracing brick, fiber cement board, and standing seam metal roofing.
Developer: Quarterra
Contractor: Power Construction
Lead Architect: Lamar Johnson Collaborative
MULTIFAMILY QUINCY STATION
Quincy Station is a 5-story, transit-oriented, mixed-use development located at 1 West Quincy Street in Westmont, IL. It includes 94 luxury residential apartments offering a variety of living spaces suitable for a broad spectrum of residents including Millennials and “empty nesters.” Beyond its residential offerings, Quincy Station features immediate access to the Westmont train station with express service to the city of Chicago, enclosed temperaturecontrolled parking, an on-site restaurant destination, hotel-style lobby with concierge and business center, clubhouse, fitness facility, electric vehicle charging stations, pet run & pet spa.
Developer: Holladay Properties
Contractor: Holladay Construction Group
Lead Architect: Tandem Architecture
8 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
INVESTS DEVELOPS MANAGES
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Chicago is known for its diverse neighborhoods and towering skyscrapers. Situated just two miles from the city’s center, the Illinois Medical District (IMD) is a neighborhood that provides resources and accessibility few neighborhoods in the state can offer. The IMD is a hub for medical education, research, and patient care. The district includes four major hospitals as well as numerous research facilities and healthcare institutions. With its world-class healthcare facilities and focus on medical innovation, the Illinois Medical District is a vital part of Chicago’s thriving economy and community.
Developer: Marquette Companies
Contractor: Power
Lead Architect: Brininstool + Lynch
MULTIFAMILY THE SEASONS OF ROMEOVILLE APARTMENTS
The Seasons of Romeoville is a 240 unit development with premiere features like a pool, dog park, fitness area, and 4,300 square foot clubhouse that was completed in late 2021. Its construction added roughly 500 people to Romeoville. Later that year, it was sold to a new company, JVM Realty Corp. for $72 million, highlighting the value of new apartment construction. The development was renamed The Bluffs.
Developer: Fiduciary Real Estate Development, Milwaukee, WI
Contractor: Builtech Services, Schaumburg, Illinois
Lead Architect: AG Architecture, Wauwatosa, Wisconsin
People’s Choice Awards Scan the Code and Vote!
10 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
MULTIFAMILY THE LYDIAN
Winner Announced at End of Show PROJECT ONE CHICAGO RAUNER FAMILY VETERAN STUDIOS DOM’S KITCHEN & MARKET CHICAGO PUBLIC SAFETY TRAINING CENTER 320 SOUTH CANAL
ENGINEERING FIRM OF THE YEAR CAGE
CAGE Civil Engineering is a full-service consulting civil engineering firm, offering comprehensive professional services. CAGE is a licensed and registered professional engineering firm in Arizona, Illinois, Colorado, and North Carolina with staff consisting of professional engineers, construction managers, and surveyors. Our current client base covers mixed use, industrial, residential, institutional, health care and commercial market sectors. We offer engineering, surveying and development solutions for a wide variety of projects with services ranging from planning and conceptual design through final engineering design and construction management.
ENGINEERING FIRM OF THE YEAR MILHOUSE ENGINEERING AND CONSTRUCTION, INC.
Milhouse Engineering and Construction, Inc. is a full-service engineering firm offering expertise in civil, mechanical, electrical, structural and environmental engineering, as well as construction and program management. We deliver creative solutions to complex problems around the globe. Driven by our diverse perspectives, we challenge the status quo to pursue a brighter future for the communities we serve. Milhouse has been named a ‘Best & Brightest Companies to Work For’ for 17 years in a row and is ranked as an ‘ENR Top 500 Design Firm’.
People’s Choice Awards
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PERSON
Scan the Code and Vote! Winner Announced at End of Show JESSICA SIVELS RICHIE HANDS SARA DISNEY HAUFE ALISON MITCHELL BOB SIX
ENGINEERING FIRM OF THE YEAR V3 COMPANIES
V3 Companies is an employee-owned firm offering environmental, civil engineering, contracting, planning, landscape architecture, and surveying services. V3 is celebrating its 40th year of providing a broad range of services addressing project needs from the initial spark of a planning concept to boots-on-the-ground construction services. From visualization through implementation, V3 helps to transform your visions into reality. Markets served include transportation, local government, education, healthcare, office and industrial, residential, retail, parks, recreation, and conservation, utility and energy, and international development. V3 has a team of 340 employees from offices in the Charlotte, Chicago, Columbus, Edmonton, and Indianapolis markets
EMERGING LEADER OF THE YEAR, FEMALE CAITLIN CRAWFORD SVN CHICAGO COMMERCIAL
In the 2022 calendar year, Caitlin leased 374,000 SF of industrial and office spaces within the Chicagoland Market. In one such transaction, she co-represented Akers Packaging Service Group, one of the largest independent corrugated manufacturing companies in the Midwest, facilitating the signing of a 15-year lease in University Park. Caitlin also worked with SF Express to increase their warehouse footprint. SF Express was located in a 13,630 SF unit, part of a large multi-tenant building. She was able to secure a 50,000 SF single-tenant facility for the client and subleased their 13,630 SF space above market rate for the remaining term. After a successful two years working and learning as an Associate Advisor, Caitlin was promoted to Advisor. She currently has over 100,000 SF on the market for sale and for lease. Caitlin received the Centurion Club Award for surpassing $100,000 in gross collected income for 2022. She also received the Most Improved Broker for SVN Chicago in 2022 out of fifty eligible advisors, for showing the most improvement to her brokerage practice.
EMERGING LEADER OF THE YEAR, FEMALE ELIZABETH FALLON HKS, INC.
Engagement in local and national CRE industry in 2022: Winner of Building Design + Construction Magazine 40 Under 40 Class of 2022Winner of the CoreNet REAL Awards, Young Leader of the Year 2022CoreNet Chicago Programs Committee member since 2020Licensed Architect and AIA member since 2013Growing commitment to continue to learn more about DEI, wellbeing, sustainability, and organizational development to enhance workplace design and strategy expertise.Actively pursuing professional development with CoreNet Global DEI Certificate Program, WELL AP accreditation, and Certificate in Organizational Development. As Vice President and Studio Practice Leader of HKS, Elizabeth drives the development of HKS’ global workplace thought leadership. She is not only an architect, workplace expert, thought leader, and researcher but a champion with the integration of research into workplace practice, bringing cutting-edge thinking and problem-solving to clients of all scales.
EMERGING LEADER OF THE YEAR, FEMALE YOLANDA JEFFRIES COLDWELL BANKER REALTY
Currently a managing broker in 3 states, Illinois, Indiana and Georgia. Founder of the Iota Phi Lambda Sorority, Inc Zeta Pi 2022 new chapter, which is the first black professional women in business Greek organization. Currently a licensed general contractor of a new luxury development company Lux Life Construction with a land development opportunity to produce 70 new luxury homes in the Chicago South Suburban community. Selected by the Atlanta Agent Magazine as the #7 broker in the Atlanta real estate community to know. 2022 Top Producer for the Chicago Association of realtors for 3 years in a row.
12 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
EMERGING LEADER OF THE YEAR, FEMALE PRESLEY NORBY CUSHMAN & WAKEFIELD
Presley Norby’s skills on the ice translate to the board room and winning new clients for her Cushman & Wakefield office tenant representation team. After a successful championship ice hockey career at the University of Wisconsin and with a degree in real estate in hand, she joined Cushman & Wakefield in 2020. She is an integral member of one of Chicago’s leading office tenant rep teams lead by Vice Chairman Steve Schneider and Managing Director Andy Heymann. In just her second year in the industry, Norby was named Senior Associate in 2022, a title achieved based upon significant revenue generation. Additionally, she served as Co-Chair of Cushman & Wakefield Future Leaders, an employeeresource group for those with under seven years’ industry experience that fosters community and connectivity across the firm’s global platform. Norby also has represented Cushman & Wakefield as a speaker at industry forums and was also recently named one of BisNow’s rising stars in Chicago CRE. Norby’s colleagues and clients recognize her tremendous work ethic as well as the long-term perspective that young brokers -– all brokers -– need to be successful.
EMERGING LEADER OF THE YEAR, FEMALE MELANIE JEFFERIES MILHOUSE DEVELOPMENT
Melanie is leading and managing a new $40 million commercial real estate development project in the Bronzeville community that will create over 400 jobs, which has recently gotten development commission and zoning approval. In addition to my commitment to Chicago and our neighborhoods, in February, Melanie was recently recognized by Bisnow Chicago as one of the Women Leading Real Estate. Melanie finds time to volunteer her leadership skills on the Commercial Real Estate Executive Women of Chicago’s (CREW) membership committee and earlier this year was accepted as a fellow for the Chicago Urban League Impact Fellowship. Melanie was promoted to the Chief Regional Officer of Milhouse Engineering and Construction managing the P&L of $50+M in revenue across multiple states, with oversight of roughly 300 individuals.
EMERGING LEADER OF THE YEAR, FEMALE SARA DISNEY HAUFE SAM SCHWARTZ
As the Director of Traffic Engineering at Sam Schwartz, a leading national engineering, planning, and real estate development consulting firm, I am deeply embedded in the critical role transportation plays in the development of real estate. Transportation connects people to opportunity and to each other, providing a critical foundation for economic development and enabling vibrant communities. My leadership and advocacy for safe, functional, and equitable transportation in Chicagoland and throughout the US has resulted in the following accomplishments in the last year: I shepherded The Salt Shed through review and approval by the Chicago Department of Transportation (CDOT), overcoming substantial access constraints presented by the Chicago River and the Kennedy Expressway. The project involves a $50 million investment in reactivating a Chicago landmark building for use as prominent concert and event venue.
EMERGING LEADER OF THE YEAR, FEMALE KAITLIN (KAITY) VEENSTRA RYAN COMPANIES US, INC.
Kaity Veenstra is a licensed architect and Associate Director of Architecture
-– Sustainability at Ryan Companies, Inc.
At Ryan, she is responsible for leading Architecture and Engineering (A+E) sustainability efforts and acting as an expert in client meetings and on projects. She holds NCARB, LEED Green Associate, and WELL AP certifications and is valued as a key sustainability resource throughout the organization. In 2022, Kaity transitioned from her role as one of the Great Lakes Region’s leading architects to becoming A+E’s national sustainability resource. Described by her coworkers as -“relentlessly committed,-ù -“passionate-ù and a -“grassroots powerhouse,-ù Kaity has been an integral leader in the sustainability journey of Ryan and has now committed her fulltime focus to improving Ryan A+E’s sustainability vision and services. As one of the first female architects at Ryan directly focusing on sustainability, Kaity inspires other women architects and is a role model for other team members pursuing a career in architecture.
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EMERGING LEADER OF THE YEAR, FEMALE ALLI MALLORY HED
As market sector leadership at HED, Alli leads and works collaboratively with all team members through each phase of the design and construction process. Alli’s experience is all encompassing, allowing her to understand the challenges of multidisciplinary teams, bring simplicity and efficiency to the project, and guide the project through the technical and creative aspects. Alli Mallory is a skilled leader in the practice of architecture with experience across North America. In her 17+ years in the A/E industry her career has ranged from assisting with the technical details of higher education STEM projects, to leading executive and facilities teams through visioning sessions for hundreds of millions in design work. Over her career she has developed a strong reputation for leadership, research, and advocacy for the advancement of architecture as a discipline, valuing sustainable, responsible solutions that respect client needs and the environment.
EMERGING LEADER OF THE YEAR, FEMALE CHAUNCEY KINGSBURY HED
As a reputable Project Manager at HED, Chauncey manages and works collaboratively with all team members through each phase of the design and construction process. Chauncey’s experience is all encompassing, allowing her to understand the challenges of multidisciplinary teams, bring simplicity and efficiency to the project, and guide the project through the technical and creative aspects. Chauncey Kingsbury is a skilled leader in the practice of architecture with experience across North America. In her 20+ years in the A/E industry her career has ranged from assisting with the technical details of high-rise workplace and senior housing projects, to assisting executive and facilities teams through visioning sessions for hundreds of millions in design work.
14 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
CONGRATULATIONS TO OUR FINALISTS! 312.361.3140 | 350 N. Clark Street, Suite 500, Chicago, IL 60654 | interrarealty.com | info@interrarealty.com INTERRA REALTY BROKERAGE FIRM OF THE YEAR JOE
HARRISON
PATRICK KENNELLY & PAUL WATERLOO BROKER TEAM OF THE YEAR, MULTIFAMILY KENWOOD PORTFOLIO TED STRATMAN, LUCAS FRYMAN, SAMUEL GUTIERREZ MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022
SMAZAL BROKER OF THE YEAR, INVESTMENT SALES
PINKUS EMERGING LEADER OF THE YEAR
MEDICAL PROPERTY ADVOCATE MEDICAL GROUP - DREYER NAPERVILLE CLINIC
The Advocate Medical Group “ Dreyer Naperville Clinic was an extensive renovation project completed in January 2022. This $10 million, single-story, 30,420 SF facility included fortytwo exam rooms, x-ray, and staff support areas. The facility was constructed using two building models – 30% modular and prefabrication construction and 70% traditional construction. The Dreyer Naperville Clinic project is part of an Integrated Project Delivery (IPD) program that is a partnership between Boldt, HDR and Advocate Aurora Health. The Advocate Aurora Outpatient Collaborative Program was developed to design and create an outpatient healthcare environment that included a standardized approach to providing extraordinary patient care.
Contractor: The Boldt Company
Lead Architect: HDR
MEDICAL PROPERTY UI HEALTH SPECIALTY CARE BUILDING
UI Health Specialty Care Building was a public-private partnership (P3) project. Pepper and minority joint venture partner Brown & Momen teamed with healthcare developer Ankura to present a complete portfolio of expertise. The clinical building houses six floors of outpatient care with eight operating and procedure rooms, 48 pre- and post-surgery bays, clinic space, MRI and PET/CT imaging departments and a pharmacy. UI Health saw an opportunity to leverage project goals and build connections with local xBE partners. Outreach events connected smaller xBE partners with main subcontractors allowing them to participate and develop relationships that will continue beyond this project.
Developer: Ankura
Contractor: Pepper Construction
Lead Architect: Shive Hattery
For the things that keep you up at night, the complications, the conundrums and frustrations. To elevate, innovate, inspire and execute. For the sure things and the long shots, the complexities and the red tape. In boom markets and in rebuilding years. For the insight and the expertise.
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HIFFMAN.COM HIFFMAN.COM | 630 932 1234
With you every step of the way.
MEDICAL PROPERTY NORTHSHORE ORTHOPAEDIC & SPINE INSTITUTE
Skokie Hospital has reinvented itself as an Orthopaedic and Spine Institute for those needing specialized treatment or surgery within NorthShore University HealthSystem. Designed for outpatient and inpatient procedures, including joint replacement, fracture care, and complex spine surgeries, this expansion includes eight operating rooms, a 10-bay PACU, 24 prep/recovery bays, and an expansion of the existing waiting room, locker rooms, and Sterile Processing Department. The 26,000 sf addition was built on the existing hospital’s roof, requiring reinforcement of foundations. The horizontal expression of the glass facade replicates the existing curtain walls and bridge enclosures connecting the precast concrete-enclosed buildings on campus.
Developer: NorthShore University HealthSystem
Contractor: Pepper Construction
Lead Architect: Eckenhoff Saunders
SOCIAL MEDIA INFLUENCER OF THE YEAR REID BENNET, CCIM SVN CHICAGO COMMERCIAL
Reid Bennett, CCIM serves as National Council Chair of Multifamily Properties for SVN® International & a Senior Vice President for SVN|Chicago Commercial. As a licensed managing broker, he focuses primarily on the sale of apartment communities across the Midwest & engages with members of his council to serve clients across the country in 150+ markets. Reid prides himself on understanding the nuances & analysis of multiple-unit apartment dwellings & low-income Section 8 & 42 communities. In 2016, 2018, 2021 & 2022 Reid received the Partners Circle Award, the highest honor from SVN® where he was ranked in the top .02% among all 2,000+ SVN® Advisors globally.
16 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
Carrie McCormick, a leader in the Chicago Real Estate market, has more than 20 years of real estate sales expertise along with an unsurpassed reputation for quality and results-oriented service and support. Carrie constantly stays on top of sophisticated technology which has made her a forerunner in the marketing and selling of real estate, she has it down to a science. Her talents and on-target recommendations are always based on facts, reliable market analysis, and her vast knowledge of real estate and the market. Patient yet persistent, she is also highly detail oriented and a very determined negotiator.
SOCIAL MEDIA INFLUENCER OF THE YEAR
Kevin “K-Roc” Rocio is probably the most recognized and well-known Commercial Real Estate Broker in Chicago’s Commercial Real Estate. This 2019 Chicago Association of Realtors & National Association of Realtors - Commercial Achievement Award winner is known for his broker advocacy, teaching residential agents how to grow their business which in turns help grow his business. The awards and accolades he has achieved since first joining Marcus & Millichap in 2009 is the envy of most. Production Awards, Leadership Awards, Popularity Awards are plenty and yet he is one of the most humble people you’ll meet.
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CARRIE MCCORMICK @PROPERTIES CHRISTIE’S INTERNATIONAL
SOCIAL MEDIA INFLUENCER OF THE YEAR
KEVIN
ROCIO @PROPERTIES
“K-ROC”
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LENDER OF THE YEAR ALLIANT CREDIT UNION
Headquartered in Chicago and founded in 1935, Alliant Credit Union is one of the 10 largest credit unions in the U.S. with more than 750,000 members and over $17 billion in assets and is a national, digital credit union. Alliant’s commercial lending team closed more than $1.1 billion in loans in 2022 in sectors including multifamily, student housing, manufactured housing communities and industrial. Alliant also offers the Amplify employee benefit financial wellness program to employers for talent attraction and retention. Find out more at alliantcreditunion. org. Insured by NCUA. Equal housing opportunity lender.
INTERIOR DESIGN, SUBURBAN AG GROWTH INTERNATIONAL
Ag Growth International looked to Naperville for their new North American Headquarters. AGI’s objective was to achieve a state-ofthe-art workspace that provided an exciting, healthy, and inviting environment for the recruitment and retention of a new workforce within 7 months. The team worked closely to provide creative solutions that address scheduling conflicts and minimize scheduling risks. The team assembled quickly and began to strategize the design process around procurement and supply chain restraints. The team value-engineered while maintaining the quality of material and aesthetics. The team completed the project on schedule without sacrificing quality or aesthetics, thus exceeding client’s expectations.
Developer: Avison & Young PM, Broker
Contractor: Power Construction
Lead Architect: HKS, Inc.
INTERIOR DESIGN, SUBURBAN HERITAGE CRYSTAL CLEAN
Heritage Crystal Clean (HCC), a national leader in the environmental services market, desired a modern and lively office space that reflected its company culture. Having worked in the same building for 20 years, the team was eager to move to a new location that could accommodate its current employees as well as attract and retain new talent. The HCC team tapped NELSON Worldwide to design a new office that was suitable for employees, investors, board members, vendors, and customers alike.
Developer: Bell Works Chicagoland
Contractor: CDI Construction
Lead Architect: NELSON Worldwide
INTERIOR DESIGN, SUBURBAN SUSTAINABLE FURNITURE DECOMMISSIONING PROJECT
MAC Relocations, a division of Wurkwel Ventures, was contracted to complete the furniture decommissioning for all assets at the corporate complex at 2775 Sanders Rd in Northbrook IL. Starting in February of 2022 and continuing until September of 2022, the team removed over 33,500 furniture items from the complex and reallocated them for resale, reuse, donation or recycling. This sustainable and eco-friendly disposition strategy kept over 96% of the assets from ending up in a landfill.
18 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 ORRINGTON AND CLARK, EVANSTON
CONLON Commercial secured this transaction for a 21,000 square foot, two parcel site located on the corner of Orrington Avenue and Clark Street, Evanston at the doorway to Northwestern University campus. Major developments on the site are currently underway by developer Trammell Crow with plans to construct a 10-story, 150,000 square foot laboratory sciences building. Plans call for a lower-level parking garage with 35 spaces, first-floor lobby with space for retail or restaurant, eight levels of business-use space, 10th-floor indoor and rooftop amenities, and rooftop penthouse for mechanicals. The new development replaces a Burger King site and a residential building.
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 1315 N. NORTH BRANCH
Cushman & Wakefield’s Cody Hundertmark and Tom Sitz represented Chicago-based R2 Companies in its $47 million ($402 psf) sale of 1315 N North Branch to Hines Global Income Trust. 1315 N North Branch is an exceptionally unique, horizontal creative office campus located on Chicago’s Goose Island, a rapidly developing submarket near Downtown Chicago. The transaction closed in February 2022 and represents one of the few institutional investors to have acquired multi-tenant office product in the Midwest in 2022.
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 INTERRA REALTY - KENWOOD PORTFOLIO
Interra Realty brokered the $27 million sale of a six-building, 204-unit portfolio in Chicago’s Kenwood neighborhood. The price per unit was $132,353. Interra Managing Partners Lucas Fryman and Ted Stratman and Associate Sam Gutierrez represented the seller, New York-based investment group Raskin Riders as well as the buyer, Atlas Asset Management. Stratman and Fryman were part of the Interra team that brokered Raskin Risers’ $17.9 million acquisition of the portfolio in 2020, who then re-engaged Interra to sell the property in 2022.
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 ROTTER PORTFOLIO
Danny Logarakis joined Kiser Group in 2016 and has since brokered more than $200 million in multifamily transactions on behalf of his clients. With an emphasis on far north side neighborhoods, specializing in Rogers Park and Edgewater, he assists investors, developers, and property owners on the acquisition and disposition of multifamily properties. Danny’s network of qualified, active investors and expert market insight allows Danny to navigate challenging transactions and maximize goals for each client.
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MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 CLEAR HEIGHT PROPERTIES / ROTHBART TRANSACTION
A joint venture between Clear Height Properties and Harbert US Real Estate purchased 31 assets and two land sites in an investment strategy sponsored by Harbert Management Corporation. The portfolio, totaling more than 1.4 million square feet of space in the Chicago industrial market, primarily includes properties in the highly desirable Central DuPage submarket, with some located in Cook, Kane and Lake Counties. Purchased for more than $125 million, the portfolio was 98% leased to more than 130 businesses at the time of acquisition. CBRE Capital Markets facilitated financing.
MOST SIGNIFICANT INVESTMENT SALE TRANSACTION IN 2022 HALLSTATE SALE, COLLIERS
ARCHITECTURE FIRM OF THE YEAR LAMAR JOHNSON COLLABORATIVE
Lamar Johnson Collaborative (LJC) is a pioneering full-service architecture and design practice. Our firm offers a deep bench of world-class talent, with over 275 employees in five offices across the US. We are committed to enhancing the quality of the human experience and improving how design and architecture can impact each individual’s emotional being. LJC achieves its clients’ goals and aspirations by harnessing the power of integrated design through architecture, interior design, landscape architecture, urban design and planning, and engineering.
ARCHITECTURE FIRM OF THE YEAR ECKENHOFF SAUNDERS
Eckenhoff Saunders is a Chicago-based architecture and interior design firm built on the principle of client-centered design. This ideal is realized through close collaboration with clients to develop meaningful solutions that enhance the lives of those who experience our buildings. We enjoy problem-solving and consider our work effort to include not just project delivery but beyond the total lifespan of the building. Since our founding 40 years ago, we have built a diverse and balanced architecture practice. This approach has resulted in rich and enduring relationships. We have earned a reputation for distinguished design and excellent service.
ARCHITECTURE FIRM OF THE YEAR OKW ARCHITECTS
OKW is in the business of reimagining, reinventing, and repositioning our clients’ assets. Founded in 1959, our firm has evolved to serve a multitude of markets, including multifamily, mixed-use, retail, hospitality, office, country club, and institutional. As we celebrate our 64th year of successful project design, OKW continues to enhance and celebrate the integration of architectural, interior design, and land planning expertise within a diverse group of market types.
20 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
Colliers arranges the sale of Allstate’s headquarters campus in 2022
AFFORDABLE HOUSING SCHILLER PLACE APARTMENTS
Schiller Place Apartments is a new three-building, 48-unit mixedincome rental community at 711, 731, and 749 W. Schiller St. on Chicago’s Near North Side. Completed in fall 2022, it is fully leased and provides much-needed, inclusionary housing in a sought-after, walkable neighborhood. Located immediately south of Structured’s NEWCITY development, on land that was formerly home of the Isham YMCA, Schiller Place is helping preserve housing affordability by offering attainably priced rental housing for a mix of residents including veterans, families, and seniors in the Clybourn Corridor. It comprises three four-story elevator buildings, each with eight one-bedroom and eight two-bedroom apartments.
Developer: Evergreen Real Estate Group & Structured Development
Contractor: GMA
Lead Architect: Bailey Edward
AFFORDABLE HOUSING THE 801
The 801 (801 S. Oak Park Ave, Oak Park, IL) is a four story, equitable, mixed-use transit-oriented development consisting of 37 high quality affordable apartments including two ground-floor live-work units and approximately 900 square feet of commercial retail space. It provides high quality housing affordable to the workforce earning up to approximately. The significance of The 801 is in its contribution to both the activation of community and the advancement of affordable housing by delivering a replicable model for equitable transit-oriented development.
Developer: The Community Builders
Contractor: JJ Duffy
Lead Architect: DesignBridge, Ltd.
AFFORDABLE HOUSING THE HUB AT PRAIRIE SHORES
New construction of a two-story clubhouse at Prairie Shores - a fivetower, 1,675-unit apartment community - which has been a fixture on Chicago’s Southside since the late 1950s. The focal element of the building is a design-build 20’ high, one-of-a-kind, curved curtainwall which provides an inviting community setting with natural diffused sunlight and views of nature. In addition to housing the leasing and management offices, the building is also home to a cafe area, lounge seating, fireplace and TVs; a game room, bar, and high-top seating, as well as a co-working lounge with seating for groups or individuals; and private work/conference rooms.
Developer: Farpoint Development, Golub & Company, Goldman Sachs Urban Investment Group
Contractor: Leopardo Companies Inc.
Lead Architect: Gensler Architects
AFFORDABLE HOUSING TORRENCE PLACE
Torrence Place is a three-story, mixed-use affordable housing and health clinic development at 2320 Thornton-Lansing Road in Lansing, Ill. Developed by Full Circle Communities in 2022, this project provides 48 accessible and adaptable units with a focus on veterans and people with disabilities. The finished building includes a 3,600-square-foot health clinic and pharmacy on the ground floor operated by Christian Community Health Center.
Developer: Full Circle Communities
Contractor: Skender and Ashlaur Construction (Joint Venture)
Lead Architect: Cordogan, Clark & Associates
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AFFORDABLE HOUSING 23RD PLACE AT SOUTHBRIDGE
Located on Chicago’s Near South Side, 23rd Place at Southbridge strives to create an inclusive and welcoming environment that celebrates diversity. The community features 206 mixed-income apartment units and 17,000 square feet of ground-floor retail space across two buildings. 40% of units are affordable at 60% of Area Median Income, making the development an option for lowincome households. Retail units bring convenience and commerce to the surrounding community while providing jobs for community members. The transit-oriented development is located near the ‘L’ Green and Red Lines, making the property accessible for individuals without cars and lowering the area’s carbon footprint.
Developer: The Community Builders & McCaffery Interests
Contractor: McShane Construction Company and Powers & Sons Construction
Lead Architect: Nia Architects
AFFORDABLE HOUSING RAUNER FAMILY VETERAN STUDIOS
This building was created to address the veteran homelessness issue in Chicago. In 2017 A Safe Haven Foundation was afforded 75 VASH Vouchers. This was the beginning of a partnership with the Veterans Affairs and A Safe Haven Foundation. With the combined resources of both organizations, fully furnished affordable housing is provided for the vulnerable homeless veterans of Chicago.
Developer: KMA
Contractor: GMA
Lead Architect: UrbanWorks
22 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
PROPERTY MANAGER OF THE YEAR LAUREN EVETT DMG
As property manager, over the last year I managed a growing portfolio of 20+ buildings for multiple different owners/ investors. Over the last year, I have completed multiple successful building takeovers from previous management companies. I collaborated with my DMG team to reach 100% occupancy across all portfolios. As part of this process, we evaluate and recommend changes in rental pricing strategies and renewal offers to remain competitive. In my role I work closely with residents to ensure a superior rental experience. Developing lasting relationships with residents has decreased turnover. Additionally, I am highly attentive to afterhours calls and emergencies to improve resident satisfaction. I also focused my efforts on improving the financial performance of properties within portfolios by controlling expenses while maintaining company standards.
PROPERTY MANAGER OF THE YEAR MICHAEL “MICKY” CICCHINELLI SVN CHICAGO PROPERTY MANAGEMENT
SVN Chicago PM saw growth in 2022 that included the addition of +1MM SF of commercial management accounts & the establishment of a second office in the Quad Cities Market, which in one year grew to 400 multifamily units under management. With this growth, which was done organically through existing clients and referrals, doubled its staff count to better serve the clients. SVN Chicago PM now manages properties from Waukegan to Chicago Heights and as far west as the Quad Cities, with the main property core being in Chicago’s West Loop market, specializing in loft office properties.
PROPERTY MANAGER OF THE YEAR MARTHA GAITAN-MANNING DRAPER & KRAMER
There is quite a bit from the last year that I am proud of professionally in my role as property manager of North 680, a rental community in Schaumburg, Ill. First and foremost is the strong retention rate we achieved at the property, which is one of the best indications of satisfied residents. Our renewal percentage averaged at 59.2% for the year with a monthly high of 81.8% in July 2022. Overall, occupancy averaged 94.95% while increasing market rents YOY. In addition to doing a great job retaining residents, my team also did a great job attracting new renters to North 680. For example, in April, we set a goal of securing 14 new leases in that month, which converts to 7.84 percentage points for our occupancy. Together with my team, we received 19 application and achieved our goal with the net rentals. It was especially exciting to hit this milestone since we are a smaller site without the support of a dedicated leasing agent -– leasing is just one of many responsibilities our property management staff handles.
PROPERTY MANAGER OF THE YEAR LORI OLSON ZELLER
Lori Olson, Vice President at 401 North Michigan Avenue (401 NMA), has played a key role in positioning the building as a premier Class A office tower in Chicago. Lori oversees the management of the 737,000 SF building, located along Chicago’s famous Magnificent Mile and Riverwalk. Over the years, she has championed efforts leading the property to receive numerous awards and certifications. To date, the building received an International TOBY Award, BOMA 360 Designation, LEED Platinum Certification, WiredScore Gold Certification and the Kingsley Associates Tenant Excellence Award. Lori’s ability to lead the team at 401 NMA and provide an environment where the over 1,500 building occupants can thrive, has remained strong, despite the ever-changing atmosphere downtown Chicago has experienced in the past couple years. She and the 401 NMA team have acknowledged the importance of wellness and sustainability and have worked hard to ensure the property reflects those values.
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STUDENT HOUSING AURORA UNIVERSITY DON AND BETTY TUCKER HALL
The Don and Betty Tucker Hall is a five-story residence hall and academic space designed for students with Autism Spectrum Disorder (ASD). This new residence hall is the University’s first in almost a decade and reinforces the campus master plan by improving circulation, adding greenspace, and providing a new identity that blends campus tradition with a modern aesthetic. Tucker Hall’s design creates a place to help autistic students fulfill their potential. Spaces in the building are sensory-friendly and support the diverse needs of students. It also houses the Pathways program for college-capable students with ASD and incorporates the Neurodiversity program.
Contractor: The Boldt Company
Lead Architect: Cordogan Clark & Associates
GENERAL CONTRACTOR OF THE YEAR, MULTIFAMILY MCSHANE CONSTRUCTION COMPANY
For nearly 40 years, McShane Construction Company has served clients on a national, regional, and local basis. Headquartered in Rosemont, Illinois, the firm offers an accomplished track record and project portfolio spanning a variety of markets, including the industrial, multi-family, commercial and institutional sectors. Today, the firm is recognized as one of the Chicago area’s most diversified and active contracting organizations with a reputation built on honesty, integrity, and dependability. Its leadership in the construction industry is evidenced by its dedication to its employees, industry associates and, most importantly, its clients.
24 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
DEVELOPMENT ARCHITECTURE + ENGINEERING CONSTRUCTION REAL ESTATE MANAGEMENT CAPITAL MARKETS RYANCOMPANIES.COM GET TO KNOW RYAN COMPANIES
GENERAL CONTRACTOR OF THE YEAR, MULTIFAMILY MCHUGH CONSTRUCTION
Since its founding in 1897, McHugh Construction has earned its reputation as a builder of landmark, one-of-a-kind structures. The Chicago-based company specializes in managing multimillion-dollar construction projects, from ground-up new structures to complex renovations and high-end interiors. As a multi-faceted general contractor, McHugh Construction delivers high-rise concrete towers; steel structures; and buildings using alternative materials. Every day, the company focuses on promoting a seamless and positive project experience, driven by a dedication to the success of McHugh’s clients, team members, communities, and the McHugh heritage.
SENIOR HOUSING TRULEE EVANSTON
Trulee Evanston is a 9-story, LEED silver, senior community that offers independent, assisted, and memory care living units. The design, programming and amenities focus on the relationship between interior and exterior spaces and between its residents and the community. Built on a tight triangular site, the “L” shaped residential floors sit above a 2-story base providing landscaped, secure outdoor spaces for living and dining. The exterior is a streamlined modern composition of masonry, designed to hold its own on the busy urban site and emit a feeling of permanence, strength, and hospitality.
Developer: Condor Partners LLC
Contractor: Valenti Builders
Lead Architect: Hirsch MPG LLC
SENIOR HOUSING AMERICAN HOUSE OAK PARK
American House Oak Park, located at 703 Madison St., is a seven-story senior housing community in the Village of Oak Park, IL, that features private apartments with modern design and comfortable, inviting spaces, including 76 independent living, 66 assisted living, and 35 memory care units offering a full continuum of care. The senior-centered community provides state-of-the-art programming and abundant amenities, including a beautiful sky bar on the seventh floor, offering views of downtown Chicago combined with casual dining and craft cocktails.
Developer: REDICO
Contractor: Clark Construction
Lead Architect: Myefski Architects
SENIOR HOUSING THE OAKS AT ALGONQUIN
The Oaks at Algonquin is a 166-unit senior living residence in Algonquin. The building accommodates independent living, assisted living, and memory care units. Each independent living unit features a full kitchen and assisted living units incorporate a kitchenette with a refrigerator and microwave. The property offers a vast array of amenities for tenants, including three restaurants, a pub, salon, media lounge, theater, health club, doctor and therapist offices, and a community center with a demo kitchen. Tenants can also enjoy outdoor living space including a rooftop deck and fire pit, grill area, dining patio, memory care garden, and well-landscaped courtyards.
Developer: Spectrum Retirement Communities
Contractor: McShane Construction Company
Lead Architect: Vessel Architects
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SECURITY GROUP
BUILDING SERVICE COMPANY OF THE YEAR TITAN SECURITY GROUP
Titan Security Group is a leading, privately-held Midwest security solutions provider that delivers results for our clients through flexible, customized security solutions, and superior customer service. Our approach combines traditional security staffing with electronic security systems to provide integrated and efficient, customized security solutions from a single source. Titan launched in 1994 with a vision for a better way to provide security services to Midwest communities. We schedule approximately 130,000 hours per week, employ more than 3,600 security staff, and have enjoyed over twenty-nine consecutive years of successfully serving our clients across a wide range of industries.
BROKER TEAM OF THE YEAR, RETAIL DANNY SPITZ, JASON ST. JOHN, PAUL TESDAL, BREWSTER HAGUE GREENSTONE PARTNERS
The team of Jason St. John, Danny Spitz, Paul Tesdal, and Brewster Hague at Greenstone Partners posted another stellar year of Illinois commercial real estate investment sales. Together, they completed 37 transactions across numerous product types, totaling $104M in volume spread across 682,021 square feet in Illinois alone. The teams transactions encompassed mixed-use, multi-family, office, retail, and industrial property sales.
EMERGING LEADER OF THE YEAR, MALE DAN POLITO
Dan Polito is a highly accomplished professional who has achieved impressive results in a short span of time. In under five years, Dan has jumped from Project Engineer to Director of Operations by executing the firm’s strategic vision in a challenging market and engaging multinational clients on some of the Bay Area and Chicagoland’s most complex projects. Over the past few years, Dan has managed over 1.8 million square feet of build outs for well-known clients such as Capital One, Google, Panasonic, Nixon Peabody, JPMorgan Chase, Motorola, and many more. Dan launched his career in Chicago with a large general contractor who soon asked him to relocate to lead their expansion into the California market. At just 28, Dan grew their office to $30 million in revenue in under two years, reaching $100 million five years later. Under his direction, the firm was recognized as one of the -“Best and Brightest-ù companies, demonstrating his ability to deliver results even in unfamiliar territory.
EMERGING LEADER OF THE YEAR, MALE DOUG PRYOR WILL COUNTY CENTER FOR ECONOMIC DEVELOPMENT
I took over as President and CEO at the Will County Center for Economic Development following five years as Vice President, Economic Development. I am proud to lead this 41-year-old organization in a region with a strong record of development success. Notable accomplishments in the last year include: Attraction and development of Lion Electric manufacturing facility to Joliet in Will County. Lion Electric is an all-electric bus and medium-duty truck manufacturing facility. This 900,000 square foot facility will be the largest of its kind in North America, capable of producing more than 20,000 units and employing more than 1,000 people. Lion is a true automotive OEM in Illinois, supporting clean transportation and innovation in the new energy economy. Jackson Generation, a multiyear attraction project to Elwood in Will County, achieved commercial operation in the last year.
26 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
EMERGING LEADER OF THE YEAR, MALE MATT HICKEY LINCOLN PROPERTY COMPANY
Matt joined LPC in 2015 and has since emerged as a market leader in the Chicagoland office leasing landscape. As Vice President and Head of Leasing (Midwest) at Lincoln Property Company, Matt is responsible for the development and execution of property business plans for a 5.5 MM square foot leasing portfolio that includes many of Chicagoland’s premier properties. Matt’s leasing portfolio of trophy assets is headlined by Kemper Lakes Business Center (1.1 M Square feet), 100/150 S Wacker Drive (1.1 M Square Feet), Corporate 500 (700,0000 square feet), Central Park of Lisle (700,000 square feet), and Greenspoint Office Park (500,000 square feet). Matt is the lead contact for a client list that features Apollo Global Management, Blackstone/Link Logistics, Barings Real Estate Advisers, Opal Holdings, Red River Asset Management, and the Teachers Retirement System of Illinois.
EMERGING LEADER OF THE YEAR, MALE MAXWELL JACOBSON S.R. JACOBSON DEVELOPMENT
Max Jacobson is the Illinois Owner’s Representative and Development manager for SR Jacobson Development. Dealing as a middleman between the Michigan office, property management, construction team and sub-contractors, Max has made a strong push in finishing the company’s 294 rental units in their Orland Ridge project in Orland Park. As well as working on their Orland Ridge project, Max has sold over $5+ million in single family home lots around the Chicago suburbs. Max and the company have two exciting Illinois projects slated for the end of 2023/ early 2024 start.
EMERGING LEADER OF THE YEAR, MALE CHRIS LANDIS CALAMOS REAL ESTATE
Chris Landis joined Calamos Real Estate in 2019 as an analyst and, driven by curiosity and a quest for knowledge, quickly assumed a leadership role. In February 2023 Landis, who holds an Illinois managing broker’s license, was named vice president. He is engaged in development and investment sales, and leads property leasing for the firm. Among his achievements, Landis brokered Naperville’s largest office lease of 2022 when M/I Homes relocated its Midwest headquarters to Calamos Real Estate’s flagship development, CityGate Centre; he brought to market -“CityGate Flex-ù, a solution for early-stage businesses on a growth path which has maintained more than 90 percent occupancy since its 2020 launch, and contributes to the 85.6 percent overall office occupancy at CityGate Centre, well above average in the post-pandemic market.
EMERGING LEADER OF THE YEAR, MALE KEVIN KRAMER VILLAGE OF HOFFMAN ESTATES
I’ve had the pleasure of working on a variety of projects in the commercial real estate and economic development markets in 2022. As the Director of Economic Development for the Village of Hoffman Estates there are many commercial real estate projects to highlight: New office campus reinventions, data centers, and new retail and restaurant openings. Bell Works Chicagoland, a -“Metroburb-ù concept that is reinvigorating the massive former AT&T campus, welcomed several new tenants this year. FitLab fitness center opened in the building mid-year, and construction began on Fairgrounds, an urban-style food hall that will cater to the suburban campus. Bell Works plans to lease out an additional 15,000 square feet of Ready-to-Wear office space this year to accommodate small businesses and professionals. Bell Works management leased up all -“Ready-To-Wear-ù spec office suites that were available this past year.
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EMERGING LEADER OF THE YEAR, MALE TOM LEARY ARCO MURRAY
Over the last year, Tom Leary has embodied the role of an Emerging Leader and has encouraged his colleagues to follow his lead to take that next step in their careers.
Tom’s accomplishments in 2022 include taking the lead of the Emerging Leaders Program at the Association of Industrial Real Estate Brokers (AIRE), advancing his career with a promotion to Director of Accounts and continuously maintaining client relations that have since expanded ARCO/Murray’s industrial tenant improvements division. Tom is an active member of AIRE, an organization created to connect active commercial industrial real estate brokers with related industry professionals. Tom has taken over the Emerging Leaders Program, which was designed to allow Emerging Leaders in the industrial brokerage community and Project Managers at ARCO/Murray to connect with one another and allow for mutual synergies and alignment.
EMERGING LEADER OF THE YEAR, MALE HARRISON PINKUS INTERRA REALTY
Harrison Pinkus, Director at Interra Realty, has consistently grown his sales numbers and achieved a personal best year in 2022 with 12 transactions encompassing 100 units worth over $27,000,000. Pinkus took advantage of prior sales experience upon joining Interra in 2018, making a smooth transition to multifamily investment sales and emerging as a go-to broker in many submarkets across the city, including West Town, Logan Square, Humboldt Park, Lincoln Park and Lakeview. Despite the pandemic and challenging economic conditions, Pinkus continued to successfully broker deals in 2022. Pinkus’ largest transaction of 2022 was the sale of 851 W. Grand in River West. The 36-unit building sold for $11,050,000 -– a price per unit of $306,944. Pinkus took advantage of the building’s proximity to the future Bally’s Casino site to procure 15 tours and seven offers. He successfully negotiated the deal from contract to close in under 30 days. Pinkus also has taken creative approaches when marketing portfolios.
EMERGING LEADER OF THE YEAR, MALE ADAM FRIEDBERG MAVREK DEVELOPMENT
As CEO of Mavrek Development I led the firm to our most successful year in company history. I attracted exceptionally talented new team members from Sterling Bay, AJ Capital, Walsh Construction, and Walgreens to join our dynamic team. In 2022, we embarked on several groundbreaking projects that further propelled our development operations to the next level. Below is a quick snapshot of the new projects we began or progressed-on in 2022.In January Mavrek broke ground on Portrait, a 59-unit, mixed-use project located at 4501 N. Sheridan in Uptown. This project started construction right on the heels of the successful sale of The Mondrian, a 30-unit class-A project a few blocks north on Sheridan. In February Mavrek successfully acquired a distressed land site in Portage Park (4029-4055 N. Milwaukee Ave.), developed design plans and sold it to a local builder in April.In May Mavrek acquired 1016 W. Jackson in the West Loop as a covered land play.
CITY / COUNTY / MUNICIPALITY OF THE YEAR SCHAUMBURG
In 2014 the Village of Schaumburg established the North Schaumburg TIF District which is also known as 90 North .90 North is bounded by I-90, Roselle Road, Algonquin Road, and Arbor Drive. The North Schaumburg TIF District was created to finance the construction of the new I-90 Tollway Ramps at Meacham and Roselle Roads, incorporate local rapid transit services that encourage pedestrian circulation, promote the redevelopment of underutilized nearby properties, and enhance the general infrastructure and utility quality in the project area.
28 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
CITY / COUNTY / MUNICIPALITY OF THE YEAR VILLAGE OF ROMEOVILLE
2022 was a record year of development and construction activity in Romeoville. Almost 3 million square feet of new construction started. $259 million dollars of value was added to the Village with construction projects. The Village collected over $5 million dollars in permit fees that will be used to fund many Village initiatives and improvements. Also, many significant projects were completed, including Wayfair, Republic National Distributing Company, Clean Energy Alternative Energy Fueling Station, Scene75 Entertainment Center and the Seasons of Romeoville, Village Place Apartments and Renwick Place residential communities.
CITY / COUNTY / MUNICIPALITY OF THE YEAR CITY OF WEST CHICAGO
The City of West Chicago’s standing as a premier business location continues with the $95 million in new construction investment for 2022 and an additional $48 million in 2023 thus far. With West Chicago home to the coveted DuPage Business Center, there are limited industrial sites available for development in DuPage County due to this increased activity. The City also boasts the amenities that contribute to a great quality of life for businesses and residents alike, which is why the community was recently ranked as the 9th Best Place to Raise a Family in the U.S. by Fortune Magazine.
CITY / COUNTY / MUNICIPALITY OF THE YEAR VILLAGE OF HOFFMAN ESTATES
The Village of Hoffman Estates is located along I-90, 45 minutes northwest of Downtown Chicago and 20 minutes from O‰ÛªHare with a diverse population, a great business climate, a deep workforce pool and a convenient transportation network. Over 26,000 people are employed by the more than 800 businesses operating in Hoffman Estates. The Village provides comprehensive development services from site selection to the ribbon cutting on opening day all while maintaining professionalism and confidentiality. With over 1,100 acres of land, there are great sites available in the I-90 Corridor with potential incentives.
2022 425 CROSSING DRIVE UNIVERSITY PARK IL
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MOST SIGNIFICANT LEASE TRANSACTION IN
John Joyce CCIM, SIOR, Managing Director of SVN Chicago Industrial, represented Akers Packaging Service Group “APSG” in its 15-year lease transaction of a 283,942 SF cross-dock located at 425 Crossing Drive in University Park, Illinois, owned and operated by Link Industrial.
MOST SIGNIFICANT LEASE TRANSACTION IN 2022 CLUB COLORS AT BELL WORKS CHICAGOLAND
The team of Inspired by Somerset Development, Colliers International, and CBRE leased 52,056 square feet of Class A office space to Club Colors in Hoffman Estates, Illinois. The space will become home to Club Colors’ national headquarters as well as their production facility for brand operations. As a result, Club Colors will have all 125 of their employees spanning both sales and business operations operating all under one roof, enabling their culture to flourish. The firm is also a high-growth company, and the lease supports this business need with the flexibility to scale.
MOST SIGNIFICANT LEASE TRANSACTION IN 2022 LE SELECT
Steve Horvath, Principal of CONLON Commercial, represented the landlord in this 12,000 square foot lease at 504 N Wells, located in the heart of Chicago’s River North neighborhood. The lease secured French brasserie, Le Select, as tenant in this retail transaction, of Chicago’s newest hot restaurant.
MOST SIGNIFICANT LEASE TRANSACTION IN 2022 NAPERVILLE CITYGATE CENTRE
Calamos Real Estate LLC VP Chris Landis brokered a 2022 lease with M/I Homes as it expanded its regional headquarters to 26,699 sf of Class A office at 2135 CityGate Ln. in Naperville’s CityGate Centre. Naperville city officials indicate the transaction represents the largest office-only lease in the west-suburban city last year. The M/I Homes new office also was recognized among The Smartest, Sleekest & Healthiest Workplaces in DuPage: 2022, by Choose DuPage, the county’s economic development alliance. In a postpandemic market, CityGate Centre office is currently 85.4% occupied.
MOST SIGNIFICANT LEASE TRANSACTION IN 2022 BOSTON CONSULTING GROUP, 360 N GREEN
In 2022, Sterling Bay celebrated a groundbreaking deal with global professional services firm Boston Consulting Group (BCG), signaling that companies that had been previously synonymous with the Loop are excited about Fulton Market. Signing a 250,000-squarefoot, 15-year lease, BCG will relocate about 1,000 employees and anchor Sterling Bay’s next-generation creative office development, 360 N Green. Brad Martens, BCG’s Chicago office leader, said the “vibrant neighborhood will be a magnet for our recruits, and the state-of-the-art office will enable new forms of collaboration between our teams and our clients.” 360 N Green will feature sweeping views, outdoor space, and in-demand amenities.
30 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
MOST SIGNIFICANT LEASE TRANSACTION IN 2022 RJW LEASE - ROMEOVILLE
RJW, a growing and leading provider of retail logistics solutions, now operates five facilities in Romeoville and leased their biggest warehouse space yet: 814,848 square feet in Q4 of 2022. It was one of the area’s largest lease transactions in 2022.
INTERIOR DESIGN, URBAN EY@WORK OFFICE RENOVATION
This two-floor transformation for EY, was designed to reflect the changing workplace. Increased collaboration, social spaces, variety, and a residential atmosphere inspires employees to return to the office. Organic-shaped spaces called “The Clouds” enhance employee experience through abundant natural light and skyline views. Hospitality spaces include a market with fresh, locally sourced food, and an indoor terrace that mimics outdoor work and play areas. A work lounge where colleagues can curl up with a laptop or collaborate with their team enhances work-setting variety. An interconnecting stair, privacy rooms, and recycled materials reflect a focus on well-being, sustainability, and inclusion.
Developer: Ernst & Young
Contractor: Clune Construction
Lead Architect: Perkins&Will
INTERIOR DESIGN, URBAN WILLIS TOWER 8TH LEVEL SPEC SUITES
The design team, tasked with the development of a new spec suite design to anchor the historic Willis campus, created a solution of a new flexible office suite designed to enhance the tenant experience, while adapting as needs and work modes change. The new suite occupies a full-floor of the tower and features a ‘kit-of-parts’ design, integrating conferencing, collaboration, open office, focus and social environments. Eliminating internal corridors, focus/huddle rooms were shifted to the interior, opening the floor-plate, maximizing views and natural light. An activated workplace environment was created through a unique juxtaposition of the suites conferencing/collaborative and social areas.
Developer: EQ Office
Contractor: Accend Construction
Lead Architect: HED
INTERIOR DESIGN, URBAN VIVID SEATS
Vivid Seats, a leading online ticket marketplace, relocated their corporate headquarters at 24 E. Washington Street in the historic Marshall Field’s building now occupied by Macy’s. The company wanted to create a new identity for the organization, celebrate the brand, and bring employees back into the office. LJC designed a lively 48,000 SF social space that balances amenity comforts with open and closed workspaces.
Contractor: BIG Construction
Lead Architect: Lamar Johnson Collaborative
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INTERIOR DESIGN, URBAN PERKINS COIE
To accommodate international law firm Perkins Coie’s Chicagobased attorneys and staff, the firm engaged the legal design expertise of world-class architecture, design, and strategy firm NELSON Worldwide for its new office at 110 N Wacker. NELSON’s designers collaborated with the firm’s local leadership to align on key design objectives for the all-new workplace that spans three-and-a-half floors. The space reflects Perkins Coie’s commitment to strong company culture and their clients through timeless and hospitality-driven design. The office allows for both collaboration and necessary individuality among employees while curated artwork and environmental graphics showcase Perkins Coie’s connection to the local community.
Developer: Riverside Investment and Development
Contractor: Clune Construction
Lead Architect: NELSON Worldwide
INTERIOR DESIGN, URBAN THE MART SPEC SUITE
The concept for this space was to celebrate the history of the Mart and existing architecture while layering in new clean, sophisticated design elements. The contrast between the building’s Art Deco features and the modern office aesthetic comes together in urban eclectic design. The furniture was sourced and installed by BOS.
Developer: Vornado Realty Trust | THE MART
Contractor: Skender
Lead Architect: Eastlake Studio
INTERIOR DESIGN, URBAN 345 N MORGAN
345 N Morgan is a 230,000 sf ground-up office building in the heart of Chicago’s Fulton Market. The timeless arched windows saturate the 10th floor with natural light. Efficient 23,000 squarefoot office floors feature 13’ ceilings and are entirely cast-in-place concrete, providing maximum flexibility. Each level has one large private outdoor terrace. Floor-to-ceiling windows clad on all sides of every level provide exceptional city views. Unparalleled amenities include 34 heated parking spaces, a fitness center, a top-floor conservatory, a lounge with conferencing, a double-sided indooroutdoor fireplace, a 5,000 sf outdoor deck, and a co-working library.
Developer: Sterling Bay
Contractor: Skender
Lead Architect: Eckenhoff Saunders
INTERIOR DESIGN, URBAN 401 N MICHIGAN
A 16-week, 23,000-SF very high-end office build-out for a confidential financial services and wealth management solutions provider. Located at 401 N Michigan Ave, the space includes private offices, phone rooms, workstations, collaboration and huddle areas, meeting and conference rooms, a high-end executive board room, a hospitality and kitchen area, and two executive restrooms. The space was designed with high-end finishes. The deep, moody color palette (charcoal blue, iron ore, sawdust and snowbound) was offset by a lot of rich wood paneling, 4x4 ceramic tile throughout and brass lighting and faucet fixtures.
Contractor: Leopardo Companies
Lead Architect: Charles Vincent George Architects
32 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
INDUSTRIAL / MANUFACTURING / SCIENCEEDUCATION/TRAINING/CULTURAL PRITZKER MILITARY ARCHIVES CENTER
The Pritzker Military Archives Center was created out of a need for additional space to house the archival collections of the museum and library in Chicago. The state-of-the-art, institutional archives and research center will provide space to restore, preserve and store collections of books, artifacts, and other historical materials. The location is between two major cities and airports, making it very accessible for visitors and researchers. It is about an hour drive from the PMML in Chicago, which makes transporting items easier. The location is also accessible to active military members and near the Great Lakes Naval base.
Developer: Pritzker Military Museum & Library
Contractor: PepperRiley LLC
Lead Architect: JAHN
BROKER TEAM OF THE YEAR, OFFICE
2022 proved to be another challenging year for office leasing especially in the Chicago suburbs. Despite the continued headwinds, Colliers‰Ûª market leading office agency team of Jonathon Connor, Francis Prock, Darryl Silverman, Brent Jacob, Dave Florent and Steve Kling closed 68 transactions valued at more than $176 million. Of those, 51 were new deals representing 572,398 square feet of leasing
INDUSTRIAL / MANUFACTURING / SCIENCEEDUCATION/TRAINING/CULTURAL I-CAR CHICAGO TECHNICAL CENTER
An approx. 41,550-SF renovation of an existing space for the InterIndustry Conference on Auto Collision Repair (I-CAR), an international non-profit organization dedicated to innovative training of the collision repair industry. Included an approx. 35,300-SF re-purposing of a training, classroom, and warehouse facility as well as a 6,250-SF office renovation. Scope included new partitions, ceilings, millwork, finishes, plumbing, HVAC, and electrical for the office and training center. The welcome center includes a reception, media wall and informational hub about careers in the collision repair industry.
Contractor: Leopardo Companies Inc.
Lead Architect: Ware Malcomb
BROKER TEAM OF THE YEAR, OFFICE
CUSHMAN & WAKEFIELD
Paul Lundstedt, Dan Deuter, Cody Hundertmark and Tom Sitz form Cushman & Wakefield’s Midwest Office Investment Sales team based in Chicago, Illinois. This dynamic team is known for leveraging their depth of knowledge of market dynamics and deep and long-standing relationships throughout the market to not only reach, but exceed, their clients’ goals
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JONATHON CONNOR, DAVID FLORENT, BRENT JACOB, STEVE KLING, FRANCIS PROCK, DARRYL SILVERMAN COLLIERS
DAN DEUTER, CODY HUNDERTMARK, PAUL LUNDSTEDT, THOMAS SITZ
BROKER TEAM OF THE YEAR, OFFICE
AUSTIN LUSSON, DANIELLA HEMSLEY, DAVE GLOOR, JESS BROWN, RUSS CORA STERLING BAY
Adding on to their portfolio of notable accomplishments, in 2022, the Sterling Bay leasing team successfully leased nearly 600,000 SF of space. Some especially notable tenants Boston Consulting Group (BCG), Echo Global Logistics, Chime, Intelsat, and Wellington Management
ARCHITECT OF THE YEAR LESLEY ROTH LESLEY ROTH
Lesley has been engaged with projects that offer solutions to pandemic related challenges, create opportunity, and foster innovation. One of these accomplishments was management of the City of Chicago Citywide plan -– first of its type to be completed in 40 years which engaged thousands of Chicagoans over 2 years and was recently adopted by the City’s Plan Commission. Lesley was a featured speaker and subject matter expert on post-pandemic urban design best practices at that American Planning Association State Conference as well as Build Expo, Passive House US, and AIA Spokane Chapter. She has been recognized as one of Crain’s Chicago Community Development Leaders and Notable Women in Construction and Design, is a City of Chicago Committee on Design Member, and was a juror for the ASLA National Awards.
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RETAIL / RESTAURANT
DOM’S KITCHEN & MARKET
Dom’s Kitchen & Market was developed in 1225 Old Town, a 250unit apartment building in Old Town in 2022 at 1233 N. Wells Street. Dom’s is a combination grocery store and restaurant in 27,500 square feet. Dom’s is redefining the neighborhood market from a place for convenient staples into a place that inspires meal discovery. It combines carefully curated food and wine for everyday dining with a kitchen providing globally inspired meal solutions. Dom’s worked closely with Alderman Hopkins and our landlord, Heitman to redevelop this property and to bring Dom’s Kitchen & Market to the Old Town Neighborhood.
Developer: Camburas & Theodore
Contractor: J. Divita & Associates, John Divita
Lead Architect: Peter Theodore, Camburas & Theodore, LTD
34 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
RETAIL / RESTAURANT ESME RESTAURANT
Located in the Lincoln Park Neighborhood of North Chicago, ESME is a renovated restaurant space boasting 3,700 SF of dining and kitchen space. The framework of ESME’s branding is based on a “love letter to Chicago”, a personality, tribute to the historical neighborhood the restaurant resides in. To counterbalance the deep history of the neighborhood, ESME’s interior is bright and airy, with carefully chosen art pieces serving as focal points throughout the perimeter of the space. The variety of furnishings throughout the space welcome patrons from bar stool to traditional dining settings.
Developer: ESME Chicago, LLC.
Contractor: LG Construction Group
Lead Architect: HED
RETAIL / RESTAURANT 1111 WEST ADDISON
The facade of this 4-story building is composed of a brick folded ‘ribbon’ floating above a glass retail level, infilled by a combination of textured, colored brick panels, inspired by granite formations in nature, and glass. The ribbon is pushed and pulled to create outdoor terraces with views to the iconic Wrigley Field Marquee, a protected entrance for the bouldering gym, and to step the building down to the residential scale of the adjacent neighborhood . The 3-story bouldering gym has a central atrium with floating stair, allowing the climbing walls and activities to be seen throughout the space.
Developer: West Addison Development LLC
Contractor: Summit Design Build
Lead Architect: Hirsch MPG LLC
RETAIL / RESTAURANT VUORI
The Vuori Clothing store at 1003 N. Rush was a 5,600 square feet two story tenant improvement build out with a partial storefront replacement. This space was the old Starbucks Reserve building and an iconic building in the Gold Coast neighborhood of Chicago. Vuori is a California based clothing brand that is currently putting flag ship stores around all major cities in the U.S.
Developer: Anthony DiMaggio- Vuori
Contractor: Capitol Construction Solutions
Lead Architect: HEIDRUN HOPPE ASSOCIATES
RETAIL / RESTAURANT SPECIALIZED (NATIONWIDE)
In late 2020, Specialized reached out to OKW to ask for something they’d never done before: design their own retail store for their wellknown brand of bikes and cycling accessories in Lincoln Park. It was the first of its kind outside of California. After designing their first store to much acclaim, we were asked to do the same for their new retail concept in Austin, followed by stores in Bentonville, Atlanta, New York City, and Miami. As of March of 2022, we have finished the first three, with the remaining stores still in design or construction phases.
Developer: Specialized Bicycle Components
Contractor: LG Construction Group
Lead Architect: OKW Architects
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OFFICE 345 N MORGAN
345 N Morgan is a 230,000 sf ground-up office building in the heart of Chicago’s Fulton Market. The timeless arched windows saturate the 10th floor with natural light. Efficient 23,000 squarefoot office floors feature 13’ ceilings and are entirely cast-in-place concrete, providing maximum flexibility. Each level has one large private outdoor terrace. Floor-to-ceiling windows clad on all sides of every level provide exceptional views. Unparalleled amenities include 34 heated parking spaces, a fitness center, a top-floor conservatory, a lounge with conferencing, a double-sided indooroutdoor fireplace, a 5,000 sf outdoor deck, and a co-working library.
Developer: Sterling Bay
Contractor: Skender
Lead Architect: Eckenhoff Saunders
OFFICE 320 SOUTH CANAL
320 South Canal is a 50-story Class A trophy office tower delivered in late 2021, comprised of 1.5M rentable square feet and a 1.5acre privately-owned public park. Designed by award-winning architect Goettsch Partners, 320 South Canal Street features innovative health and wellness design, excellent light and air with 360 views of the city and Lake Michigan, and the largest privately-owned outdoor park in the West Loop. Design features include 29K-32K RSF efficient floor plates, 9’6” finished ceiling heights (12’ on select floors), private terraces on select floors, and the well-appointed amenities today’s workforce expects.
Developer: Riverside Investment & Development and Convexity
Contractor: Clark Construction
Lead Architect: Goettsch Partners
REAL ESTATE LAW FIRM OF THE YEAR QUARLES & BRADY LLP
Quarles & Brady LLP is a full-service Am Law 200 firm with approximately 520 attorneys offering legal services to clients ranging from Fortune 100 companies to entrepreneurial businesses and professionals. The firm has offices coast-to-coast in Chicago, Denver, Indianapolis, Madison, Milwaukee, Minneapolis, Naples, Phoenix, San Diego, Tampa, Tucson and Washington, D.C. Quarles attorney practice in more than 30 areas such as Real Estate and Land Use; Bankruptcy, Restructuring and Creditor’s Rights; Corporate Law; Energy and Environmental; Health and Life Sciences; Intellectual Property; Labor & Employment; Litigation; Product Liability; Public Finance and Commercial Finance; and Estate Planning and Wealth Preservation.
REAL ESTATE LAW FIRM OF THE YEAR POLSINELLI
Polsinelli is an Am Law 100 firm with more than 1,000 attorneys in 22 offices nationwide. Polsinelli’s Illinois real estate team is a cornerstone of the firm and a recognized leader in the industry. Developers, lenders, investment managers, family enterprises, debt funds, private equity funds, REITs, owners/operators, joint ventures, sovereign wealth funds, international developers, and private owners look to us for diversified and broad legal services. Our deep bench of attorneys offers top-class capabilities throughout Illinois and the US and include some of Polsinelli’s top real estate lawyers who have experience that cuts across all segments of the industry.
36 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
BROKERAGE FIRM OF THE YEAR CONLON COMMERCIAL
CONLON Commercial provides the highest quality CRE services throughout Chicagoland in the areas of development, sales/ purchase, and product or tenant representation for retail, office and industrial space. As a specialized boutique brokerage, we are Chicago’s leader in procuring off-market opportunities and our unique approach has helped us complete over two billion dollars in brokerage and advisory service transactions over the past 10 years. We consistently execute over 200 transactions per year for companies ranging from start-ups to Fortune 500 companies (CVS, Walgreens, Ralph Lauren). Our goal is to provide our clients with a dedicated team and an integrated service approach.
BROKERAGE FIRM OF THE YEAR THE APARTMENT SOURCE
The Apartment Source embraces a comprehensive approach to Real Estate: Leasing, Sales, Property Management and Development all under one roof. We are 70 plus real estate professionals, 100’s of years of combined experience and 1000’s of 5 star reviews - all with one goal: To exceed your expectations!
BROKERAGE FIRM OF THE YEAR NAI HIFFMAN
NAI Hiffman is one of the largest independent commercial real estate services firms in the US, with a primary focus on metropolitan Chicago, and part of the NAI Global network. We provide institutional and private leasing, property management, tenant representation, capital markets, project services, research, and marketing services for owners and occupiers of commercial real estate. To meet our clients’ growing needs outside of our exclusive NAI Hiffman territory, we launched Hiffman National, our dedicated property solutions division, which provides property management, project services, and property accounting services across the country.
BROKERAGE FIRM OF THE YEAR KISER GROUP
Kiser Group is Chicagoland’s leading commercial real estate brokerage firm specializing in the disposition of multifamily, mixeduse and development parcels. Founded in 2005, Kiser Group works with diverse owners and investors to value, market and close commercial properties successfully. The firm’s unmatched combination of experience, market intelligence and track record makes Kiser Group the go-to broker for the Chicago metropolitan area.
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BROKERAGE FIRM OF THE YEAR TENANT ADVISORY GROUP LLC
Tenant Advisory Group, LLC is a tenant and buy/sell-side boutique commercial real estate firm dedicated to helping businesses get the most out of their space while spending the least. With only 3 active brokers on the team, last year alone TAG completed $75 Million in transaction volume, including $15 Million in client savings. TAG’s professional standards are evidenced by 55 all five-star reviews on Google and 115+ website testimonials. TAG’s clientele includes office, medical, and industrial users. TAG provides the same attention to detail and competence to all clients, focusing on responsiveness, follow-through, and putting the client’s best interests first.
BROKERAGE FIRM OF THE YEAR LUXURY LIVING
Luxury Living is an award-winning multifamily consulting, marketing, branding, and strategy real estate brokerage based in Chicago. Founded in 2007, the brokerage firm has unparalleled experience marketing and leasing luxury multifamily properties in Chicago providing best-in-class customer service with a seamless showing and leasing process. With extensive knowledge of the Chicago real estate market, Luxury Living’s team of 75+ professionals provide invaluable insight and understand renters’ needs and priorities. The firm is passionate about empowering people - and their own employees - to live their best lives.
BROKERAGE FIRM OF THE YEAR QUANTUM REAL ESTATE ADVISORS, INC.
Quantum Real Estate Advisors, Inc. is a nationally recognized commercial real estate brokerage firm. The team at Quantum has been involved in nearly every facet of a commercial real estate transaction. Whether it is acquisitions, dispositions, tenant or landlord representation, the team is uniquely equipped to advise our clients. The team’s depth of knowledge ranges from capital markets, geographical markets, industry trends, and property fundamentals. With access to best-in-class tools and a proprietary platform, our team strives to identify opportunities that exceed client expectations and deliver superior results.
BROKERAGE FIRM OF THE YEAR COLLIERS
Colliers is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people.
38 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
BROKERAGE FIRM OF THE YEAR INTERRA REALTY
Founded in 2010, Interra Realty is a Chicago-based commercial real estate services firm that delivers integrated, tailored solutions through its boutique, client-focused approach and team of experienced professionals. Since its inception, the growing firm has closed thousands of transactions valued far in excess of $2 billion spanning the multifamily, office and retail sectors, as well as loan sales. Interra’s clients range from private investors and high-networth individuals to large financial institutions, private equity groups and hedge funds. For more information, visit www.interrarealty.com.
BROKERAGE FIRM OF THE YEAR LEE & ASSOCIATES OF ILLINOIS
Lee & Associates of Illinois specializes in providing world class commercial brokerage services to the industrial, retail, multi-family, office, land and investment sectors of the Chicagoland commercial real estate market. The Chicago office was established in 2002 and is now recognized as one of the most successful commercial brokerage firms in the state. Each of our nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.
REAL ESTATE LAWYER OF THE YEAR JOE MARZO GOULD + RATNER
As chair of the firm’s Real Estate Practice, Joe Marzo focuses his practice on commercial real estate and general business counseling matters related to acquisitions, sales, construction contracts, land use and financing matters. A large portion of Joe’s 17-year-career has been focused on office, industrial and retail leasing, advising REITS, middle market real estate lenders, developers and investors on transactions over one-million-square-feet. Joe’s recent matter highlights have included: Representing a client in the acquisition and financing of a $60 million multifamily propertyRepresenting a client in the acquisition and financing of a $35 million student housing complex Representing a lender in permanent financing of a newly developed multi-family project in the Chicago suburbs. Acting as local counsel for a lender related to the refinancing of the Old Chicago Post Office permanent loan.
REAL ESTATE LAWYER OF THE YEAR JESSICA SIMONS STERLING BAY
Jessica leads in-house legal efforts for Sterling Bay’s high-profile Lincoln Yards 53-acre mixed-use development. Located along the North Branch of the Chicago River, Lincoln Yards will transform a former industrial corridor into a vibrant, active community that will serve the City of Chicago and its residents as an important economic driver. When complete, Lincoln Yards will deliver an historic amount of affordable housing, create 23,000+ permanent on-site jobs, as well as 10,000+ full-time equivalent construction jobs with significant minority- and women-owned business participation and generate $4.1B in economic output for the City of Chicago. In the past year, Jessica has worked with internal teams, financial partners, and City of Chicago officials to further the progress of the development. She has pushed forward critical activities to allow infrastructure work to commence, which will catalyze future phases of vertical development on the site.
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REAL ESTATE LAWYER OF THE YEAR LIZ BUTLER TAFT
Aldermanic prerogative has long been a thorn in the side of Chicago’s zoning and development communities. Through tireless advocacy and organizing in 2021 and 2022, I helped to mobilize a coalition of community groups, activists, and concerned citizens to secure approval of an important zoning matter over the objection of the local elected official. My efforts culminated in a landmark decision that usurped the longstanding tradition of aldermanic prerogative. The approval of the GlenStar zoning matter in Chicago was a historic moment because it signaled a major shift in the city’s approach to zoning and development. For years, the city had operated under a system of “aldermanic prerogative,” which gave local aldermen significant power over land use decisions in their wards. But in this case, the city council voted to approve the GlenStar development despite opposition from the local alderman, breaking with tradition and upending the long-standing practice of deferring to aldermanic prerogative. This decision was seen as a victory for proponents of more equitable and transparent land use policies.
REAL ESTATE LAWYER OF THE YEAR ERIC GREENFIELD POLSINELLI
REAL ESTATE LAWYER OF THE YEAR BRIAN LISTON LISTON & TSANTILIS
Developed. zoned and provided incentives for Logistics’ LLC 1.8 million sq. ft $180,000,000 Distribution Center called Logi Park 5780 in Country Club Hills. This major development was placed into this area of Cook County that was experiencing no new development ,displacement of disenfranchise minorities, one for the highest tax rates in the County and significantly high unemployment.
REAL ESTATE LAWYER OF THE YEAR ALISON MITCHELL DLA PIPER
While the past several years have been a challenging and uncertain time for lenders, Alison Mitchell has consistently been able to overcome obstacles for her clients and ensure that their goals are met. She is a go-to adviser upon whom lenders rely to complete deals in today’s swiftly evolving environment. Alison has the distinctive ability to work collaboratively with the opposing side of a transaction while at the same time not sacrificing any of the points that are important to her clients. She is highly strategic and draws upon her extensive and wideranging experience to drive transactions across the finish line. Alison served for almost seven years as co-location head of DLA’s Chicago Real Estate practice. Representative transactions from the past year include: Closed a US$515 million mortgage loan and US$355 million mortgage loan, each on behalf of a lender to the same sponsor group.
inducting him into the 2022 Commercial Real Estate Hall of Fame
As chair of Polsinelli’s nationally recognized Real Estate Division, Eric Greenfield continues to shape the real estate landscape through his client work, leadership and community involvement. This past year, he focused on strengthening the firm’s existing client relationships as well as broadening its client base, building the practice’s book of business, and growing the Polsinelli Miami and Nashville office’s real estate presence. REJournal Midwest recently recognized Eric’s impact on the industry by
In addition to his work strengthening client relationships, Eric has played a central role in major global projects for Polsinelli. Overall, as lead attorney, he successfully closed 201 land purchase deals in North America, Latin America and Europe last year, up from 172 in 2021. Under his leadership, the Real Estate Division has seen substantial growth: transactions have grown 40-60% year over year over the past three.
REAL ESTATE LAWYER OF THE YEAR CHAD POZANSKY CLARK HILL
Under Chad Poznansky’s leadership, Clark Hill’s Chicago-based Real Estate group represents major real estate companies and financial institutions on deals from coast to coast. Chad’s tenacity, dedication and commitment to his clients sets him apart from other real estate attorneys. His strong business sense combined with financial acumen has helped countless clients find nuanced solutions to problems that would otherwise prohibit a deal from moving forward. His business and legal guidance has played a fundamental role in clients’ success, and he has assisted numerous real estate companies in growing from small, local players, to well-known national companies. Chad used his experience and skills to assist a client on becoming the successful bidder of a 5-property portfolio in the suburbs of Chicago, resulting in a deal with one of Chicago’s prominent families, notorious for contentious negotiations.
40 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
PROJECT MANAGER OF THE YEAR JANE HAAG MCSHANE CONSTRUCTION COMPANY
As Senior Project Manager, Jane led project management efforts for two multi-family projects in 2022. In the Illinois Medical District of Chicago, she completed preconstruction and launched the construction of The Foglia Residences at The Chicago Lighthouse. The community will incorporate 76 units for residents who are blind, visually impaired, disabled, and veterans. The development is the first Low-Income Housing Tax Credit (LIHTC) building in the nation for the blind community. A challenge of the project was finalizing pricing in order for the owner and City of Chicago to close on the financing. Jane provided value engineering options for the owner and design team to evaluate to keep the project within budget. After the contract was signed, she awarded all major subcontracts within 30 days in an effort to avoid cost escalations and materials delays resulting from the unpredictable market conditions.
PROJECT MANAGER OF THE YEAR BRIAN BEZANIS STERLING BAY
In 2022, Brian and the development services team worked with multiple partners to expanded Sterling Bay’s residential portfolio and broke ground on 160 N Morgan and 225 N Elizabeth, two residential towers in Fulton Market. Conveniently located, 160 N Morgan will create 282 units catering to the neighborhood’s growing workforce. 225 N Elizabeth will create 350 units, 9,000 square feet of curated retail, and extensive indoor and outdoor tenant amenities, including a deck with a pool and dog run.In August, Sterling Bay also announced plans to build Chicago’s tallest timber tower since the Great Chicago Fire at 2100 N Southport. At ninestories, this residential development marks an exciting moment in Chicago’s history, bringing sustainable wood frame development back to a city once famously destroyed by flames. The team also revealed design concepts to City Council for 2031 N Kingsbury, a 15-story residential tower near Lincoln Yards. In October, Brian’s team completed 300 N Michigan, a mixed-use development consisting of residential, hotel, and retail components.
PROJECT MANAGER OF THE YEAR LACEY MCKENZIE TW CHICAGO
Lacey is an outstanding Project Manager, she has gone above and beyond for TW Chicago and her clients. She is always working hard to make all involved parties happy and to make everyone’s jobs easier. Lacey has developed commendable skills and qualities that make her a true asset to the team. Her ambitious attitude has shined light on how we do things at TW Chicago, she is a pleasure to work with and her energy is contagious. She has developed a leadership role within TW Chicago, assisting with the employee on-boarding program, internship programs, and holds monthly training sessions for staff on up-to-date accounting and submittal processes and procedures. Lacey’s dependability ensures trust from her clients, and each would say they request her to be involved on their projects for her -“get it done-ù attitude. Because of this, she has established a growing list of repeat clients! She is great at adapting in stressful situations, and in a fastpaced environment she always meets demanding construction deadlines while making her clients feel at ease.
GENERAL CONTRACTOR OF THE YEAR, HEALTHCARE/EDUCATION PEPPER CONSTRUCTION
Pepper intends to see Tomorrow Transformed through new ideas and bold action. Founded in Chicago in 1927 by Stanley F. Pepper, we are now in our fourth generation of family leadership. We were part of the generation that helped build one of the world’s most iconic cities with projects such as The Merchandise Mart, Marshall Fields and the Shedd Oceanarium. Today, we are also maintaining it with major renovations at the Shedd, Wrigley Field and the Art Institute. We remain on the forefront of new markets and methods, leading the construction industry in high performance, sustainability and virtual construction technologies.
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GENERAL CONTRACTOR OF THE YEAR, HEALTHCARE/EDUCATION LEOPARDO COMPANIES INC.
Leopardo is recognized as an industry leader in construction with the resources to build award-winning projects across every major sector. Founded in 1977, we’ve grown continuously and today employ hundreds of industry professionals in our offices and job sites across the nation. Our extensive construction experience coupled with our outstanding safety record and highly-specialized team of experts means we know how to skillfully manage all types of projects. Our portfolio includes healthcare and senior living, multifamily and affordable housing, community and municipal, lab and life sciences, retail and hospitality, manufacturing, aviation and tenant interiors. Learn more at leopardo.com
GENERAL CONTRACTOR OF THE YEAR, HEALTHCARE/EDUCATION MORTENSON
A family-owned business established in 1954, Mortenson is a top20 builder/developer fully invested in our customers’ success. From cutting-edge data centers and sports facilities, to world-class healthcare and education facilities, and renewable energy projects, Mortenson is redefining what’s possible. Our team members are valued not only for the work they do but for their entrepreneurial spirit. These qualities aren’t new to Mortenson’s culture. In fact, they were established by Mort, Jr. himself as he grew Mortenson into the company it remains today, equipped with a team who excel in the values of trust, teamwork, responsibility, service, safety, and stewardship.
INDUSTRIAL / MANUFACTURING / SCIENCE - CLEAN ENERGY FOCUS CLEAN ENERGY ALTERNATIVE ENERGY FUELING STATIONROMEOVILLE
The Clean Energy Fueling Station dispenses renewable natural gas (RNG) for trucks and personal vehicles as an alternative to gasoline and diesel. The project has 300+ dispensers that allow for vehicles to be filled over an extended period of time. Opened in December 2022, Amazon currently uses the station to fuel its fleet.
Developer: CT Realty, Newport Beach, California
Contractor: Cissell Mueller Construction, St. Peters, Missouri
Lead Architect: Matthew Loser, Newport Beach, California
INDUSTRIAL / MANUFACTURING / SCIENCE - CLEAN ENERGY FOCUS CLARIUS PARK JOLIET BUILDING 2
This 906,517 SF speculative industrial building, located in Joliet, IL was developed by Clarius Partners, LLC and constructed by Meridian Design Build. The new facility is located on a 45.45 acre site within Clarius Park Joliet with easy access to I55 and I80 Interchanges. Architectural services were provided by Heitman Architects. Civil engineering work was completed by Spaceco, Inc. The building was fully leased during construction to a full building user that will manufacture all-electric school buses and medium/heavy duty commercial trucks. JLL marketed the building for Clarius Partners, LLC.
Developer: Clarius Partners, LLC
Contractor: Meridian Design Build
Lead Architect: Heitman Architects
42 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
PROPERTY MANAGEMENT COMPANY OF THE YEAR COLLIERS
Colliers is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients.For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people.
PROPERTY MANAGEMENT COMPANY OF THE YEAR
DMG
Daniel Management Group (DMG) is a Chicago-based real estate firm focused on multifamily investment and management. DMG combines the personal touch and creative solutions of a boutique management company with institutional-level experience, protocols, and technology. DMG takes a long-range view to create value for our residents and clients. DMG also works closely with DMG Leasing to help clients navigate the dynamic world of multifamily leasing. DMG Leasing provides dependability, flexibility, and stability. Whether a client’s goals are to maintain occupancy or increase it on an existing property or a new development, DMG Leasing offers a detail-oriented and service-minded approach.
PROPERTY MANAGEMENT COMPANY OF THE YEAR SVN CHICAGO PROPERTY MANAGEMENT
SVN Chicago PM is a licensed property management company with experience managing properties nationwide since 1987. Our team has been built to focus on assets in the greater Chicago area with the ability to manage cross-country properties alongside our national property management platform. SVN Chicago PM now manages properties from Waukegan to Chicago Heights and as far west as the Quad Cities, with the main property core in Chicago’s West Loop market, specializing in loft office properties.
PROPERTY MANAGEMENT COMPANY OF THE YEAR HIFFMAN NATIONAL
Hiffman National is one of the US’s largest independent commercial real estate property management firms, providing institutional and private clients exceptional customized solutions for property management, project management, property accounting, lease administration, marketing, and research. The firm’s comprehensive property management platform and attentive approach to service contribute to successful life-long relationships and client satisfaction. As a nationally bestowed Top Workplace, and recognized CRE award winner, Hiffman National is headquartered in suburban Chicago, with more than 250 employees nationally and an additional six hub locations and 25 satellite offices across North America.
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LIFETIME ACHIEVEMENT
DANIEL L. GOODWIN
Principal & Chairman
The Inland Real Estate Group, LLC
Current Responsibilities
Daniel L. Goodwin is Chairman and CEO of The Inland Real Estate Group of Companies, Inc., headquartered on a 28-acre campus in Oak Brook, Illinois. The Inland Real Estate Group of Companies specializes in creating, developing and supporting separate real estate investment and financial companies. Inland has owned and managed hundreds of millions of square feet of commercial property in all real estate sectors, including Retail, Office, Industrial and Apartments, in 49 states. With 50 years of experience in real estate investing, commercial real estate brokerage, real estate securities, land development, construction and mortgage banking and commercial lending, Inland is one of the nation’s largest commercial real estate and finance groups.
Mr. Goodwin is the former Chairman of the Board of Inland Real Estate Corporation (IRC), a public company that was listed on the NYSE. In addition, he is the founder of the Retail Properties of America REIT, which is also listed on the NYSE as RPAI. Two other Inland sponsored corporations have merged with publicly traded companies. He is also Chairman of the National Association of Real Estate Trusts (NAREIT) Non-traded REIT Council. In addition, Mr. Goodwin is Chairman of the Board of Inland Bancorp, a multi-bank holding company, and is past Vice Chairman of the Chicago Better Government Association.
Career Summary
Housing & Real Estate Development
Mr. Goodwin has been in the real estate industry for 50 years, and has demonstrated a lifelong interest in housing-related issues. He is a member of the National Association of REALTORS® President’s Circle, the National Association of REALTORS® Hall of Fame, the Illinois Association of REALTORS® Hall of Fame and The Chicago Association of REALTORS® Hall of Fame. He has developed thousands of housing units in the Midwest, New England, Florida and the Southwest. He is also the author of two nationally recognized real estate reference books for the management of multi-family
residential properties. Mr. Goodwin served for 10 years on the Board of the Illinois Housing Development Authority (IHDA) Trust Fund. He was an advisor for the Office of Housing Coordination Services of the State of Illinois and was a founding member of the Illinois State Affordable Housing Conference. He also completed the definitive DuPage County Affordable Housing Study as Chairman of the DuPage County Affordable Housing Task Force. In 1994, Mr. Goodwin founded New Directions Housing Corporation, a not-forprofit developer of affordable housing for low income residents throughout Illinois.
44 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
LIFETIME ACHIEVEMENT
ROBERT H. BAUM
Executive Vice President, General Counsel, & Vice Chairman
The Inland Real Estate Group, LLC
Current Responsibilities
Robert H. Baum has been with The Inland Real Estate Group, LLC and its affiliates since their inception and is one of the four original principals. He is a Vice Chairman and is Executive Vice President and General Counsel of The Inland Real Estate Group, LLC. In his capacity as General Counsel, Mr. Baum is responsible for the supervision of the legal activities of The Inland Real Estate Group, LLC and its affiliates. This responsibility includes the supervision of the Inland Law Department and serving as liaison with outside counsel.
Career Summary
Following his graduation from Northwestern University School of Law in 1967, and while awaiting his bar examination results, Mr. Baum took a teaching position in the Chicago Public School System where he met three other teaching associates who together with him became the founding principals of Inland. In 1968, he began his practice of law with a private law firm in Chicago where he practiced labor and real estate law and served as Inland’s outside counsel. In January 1973, Mr. Baum joined Inland on a full-time basis as its General Counsel, a position he has held since that time.
Mr. Baum has been admitted to practice before the Supreme Court of the United States, as well as the bars of several federal courts of appeals and federal district courts and the State of Illinois. He is also an Illinois licensed real estate broker. He has served as a director of American National Bank of DuPage and Inland Bank & Trust, and currently serves as a director of Inland Bancorp, Inc., a bank holding company.
Mr. Baum has served as a member of the North American Securities Administrators Association Real Estate Advisory Committee and as a member of the Securities Advisory Committee to the Secretary of
State of Illinois. He is a member of the American Corporation Counsel Association and The Private Company General Counsel Group. He has also been a guest lecturer for the Illinois State Bar Association and the Northwestern University School of Law.
In 2019, Crain’s Chicago Business honored and recognized Mr. Baum in the publication’s first annual listing of Notable General Counsels.
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LIFETIME ACHIEVEMENT
G. JOSEPH COSENZA
Vice Chairman
The Inland Real Estate Group, LLC
Principal
The Inland Real Estate Group, LLC
Current Responsibilities
G. Joseph Cosenza is a Vice Chairman, Director and one of the four original principals of The Inland Real Estate Group, LLC, which celebrated its 50th anniversary in 2018. Joe has held his real estate broker’s license since 1968, the year Inland incorporated. As Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC, he currently supervises an extensive staff engaged in property acquisitions and due diligence. Also a consultant to other real estate entities and lending institutions, Joe has personally overseen, and/or negotiated, the purchase of more than $54 billion of income-producing real estate, in over 3,900 individual deals, of which over 700 are in the Greater Chicagoland Area.
Career Summary
Joe’s one-of-a-kind, high-volume deal making has received many awards in the industry. Most recently he was inducted in the Chicago Association of REALTORS® (CAR) Hall of Fame at the organization’s 128th Inaugural Gala and the Midwest Real Estate News 2015 Hall of Fame. The Inland Real Estate Group of Companies, Inc. was equally honored by the Chicago Association of REALTORS® as the first Corporate Hall of Fame award inductee at CAR’s 131st Inaugural Gala.
In addition to real estate, Joe has been prominent in the banking industry. Starting in 1982, while still operating Inland, Joe was Director of Continental Bank’s branch in Oakbrook Terrace, then Chairman of the Board of American National Bank of DuPage, owned by Inland’s principals. He served as a Director on the Board of Inland Bancorp, Inc. and Chairman and a Director of Inland Bank & Trust, which has multiple Chicagoland locations.
Joe earned his bachelor’s degree from Northeastern Illinois University and master’s degree from Northern Illinois University. Initially, he was a teacher and an assistant principal in the LaGrange
and Wheeling school districts while operating Inland on a part-time basis with Messrs. Dan Goodwin, Bob Baum and Bob Parks. As a Director and member of the management committee of Inland Real Estate Corporation (NYSE: IRC), he helped to ring the New York Stock Exchange bell instead of a school bell. Joe’s career also spans activity with the Chicago Association of REALTORS®, Illinois Association of REALTORS® and National Association of REALTORS®. His charity of choice is Saint Vincent de Paul Society, taking care of those in need.
46 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
LIFETIME ACHIEVEMENT
ROBERT D. PARKS
Director
The Inland Real Estate Group, LLC
Current Responsibilities
Robert D. Parks is a Director of The Inland Real Estate Group, LLC and one of its four original principals. Mr. Parks is also a Director of Inland Real Estate Investment Corporation and a Director of Inland Private Capital Corporation.
Career Summary
He served as chairman of Inland Real Estate Investment Corporation from November 1984 to December 2016. He was a Director of Inland Investment Advisors, Inc. from June 1995 to May 2013 and a Director of Inland Securities Corporation from August 1984 until June 2009. He was a Director of Inland Real Estate Corporation from 1994 through June 2008 and served as chairman of the board from May 1994 to May 2004 and its President and Chief Executive Officer from 1994 to April 2008. He was a Director and chairman of the board of Inland Retail Real Estate Trust, Inc. from its inception in September 1998 to March 2006, and as chief executive officer until December 2004, and as the chairman of the board and a Director of Retail Properties of America, Inc. (formerly, Inland Western Retail Real Estate Trust, Inc.) from its inception in March 2003 to October 2010. Mr. Parks also served as the chairman of the board and a Director of Inland Diversified Real Estate Trust, Inc. from its inception in June 2008 through July 2014, and InvenTrust Properties Corp. (formerly, Inland American Real Estate Trust, Inc.) from October 2004 through February 2015. He was also a Director of Inland Institutional Capital Partners Corporation from May 2006 until August 2012.
Prior to joining Inland, Mr. Parks taught in Chicago’s public schools. He received his B.A. Degree from Northeastern Illinois University and his M.A. Degree from the University of Chicago. He is a member of the National Association of Real Estate Investment Trusts (NAREIT).
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PREVIOUS LIFETIME ACHIEVEMENT AWARDS
2022 BOB CLARK
In 1984, Bob Clark founded Clayco as a start-up construction company. In that first year, Clayco’s revenue reached $1 million. Since then, Clark has grown Clayco into one of America’s top 20 building companies with revenues near $5 billion for 2021 with 2,500 employees.
Clayco specializes in real estate development, engineering, architecture and construction in Industrial, Corporate, Institutional and Residential markets in communities across North America. As Executive Chairman, Clark spearheads the company’s strategy, vision and recruiting.
Joel Carlins, founder of Magellan Development Group LLC, has been instrumental in the company’s growth and continuing success. Carlins experience includes supervising the overall activities of the development group, from acquisition of raw land through financing, property development, design and construction. Carlins attended the Chicago Academy of Fine Arts and holds a bachelor’s degree in journalism from the University of Illinois and a Juris Doctor of Law degree from DePaul University. He is a member of the Sigma Delta Chi professional journalism society. He is licensed to practice law in Illinois and the Virgin Islands, and has practiced law throughout the United States as well as several foreign countries.
2020 JIM MCSHANE
James (“Jim”) McShane is the Founder and Chief Executive Officer of The McShane Companies, an integrated real estate development and construction firm that he established in 1984. Over the course of the company’s history, Jim’s leadership, creativity and intuitive knowledge of development and design/build construction propelled the McShane organization to achieve recognition and success on a local, regional and national basis. Headquartered in Rosemont, Illinois, the firm currently operates offices in Auburn, Alabama; Irvine, California; Phoenix, Arizona; and Austin, Dallas, Houston and San Antonio, Texas.
48 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
2021 JOEL CARLINS
BROKER OF THE YEAR, INVESTMENT SALES DANNY LOGARAKIS KISER GROUP
Danny’s network of qualified, active investors and expert market insight allows Danny to navigate challenging transactions and maximize goals for each client. Notable closings include the $23 million portfolio sale in Chicago’s north side at the end of 2022 and $9.8 million sale in East Rogers Park. Danny has also been named a CRE Future Leader by REJournals and a finalist for the Greater Chicago Food Depository awards’ Private Capital Markets Investment Broker of the Year of 2022 award. He is a member of Rogers Park Builders Group and an Associate Board Member of A Safe Haven Foundation.
BROKER OF THE YEAR, INVESTMENT SALES JOE SMAZAL INTERRA REALTY
Interra Realty Senior Managing Partner Joe Smazal has emerged as Chicago’s leading middle-market multifamily investment sales broker. In 2022, Smazal completed 18 deals (encompassing 25 buildings) for a total of $170,468,000, establishing himself as a market maker. In addition, Smazal is a soughtafter industry expert and appeared on several podcasts in 2022 to discuss multifamily investing and the Chicago market. In 2022, Smazal brokered deals throughout the Chicago area, including many submarkets in the city as well as the suburbs. Smazal’s largest transaction in the city last year was the $28 million sale of 944-54 W. Grace St., an 80unit rental community in Chicago’s Lakeview neighborhood. According to CoStar data, this was the largest multifamily transaction in over a year for the submarket.
BROKER OF THE YEAR, INVESTMENT SALES PETER BLOCK, COLLIERS COLLIERS
Colliers Executive Vice President Peter Block is the leader of the firm’s four person NNN investment practice based in Chicago. A consistent top producer, he has negotiated record setting sales in Chicago as well as Washington, D.C. and Philadelphia over the years. Despite headwinds facing every asset class in the industry, he completed 19 transactions across the Midwest valued at $96.6 million in 2022. Most notable was the disposition of a multi-tenant retail portfolio consisting of seven properties in Indianapolis and Atlanta for $32.0 million. He also negotiated the sale of a nine-property portfolio on behalf of Dayton Appliances in Dayton, OH for $7.4 million.
At FCL, we understand every project is unique. Whether it is new construction, brownfield improvements, or a tenant build out, our Build-to-Suit services combine innovation, collaboration and know-how to deliver highlyvalued results. Our experienced pre-constrution teams keep a project’s “buildability” in mind throughout the entire design-build process — following a custom execution plan every step of the way. It’s all a part of the FCL Experience and why 97% of our customers come back for more.
97 %
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customer retention
rate
Let’s schedule
delivery date. FCLBUILDERS.COM
a
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS 4300 N. BRANDON RD., JOLIET, IL
In July ‘21, CenterPoint announced the construction of two facilities totaling more than 2 MSF on 120 acres adjacent to the UP Intermodal in Joliet. Construction commenced on the first of these facilities, 4300 N. Brandon Rd., weeks later. In Q1 ‘22, it was preleased long-term to an e-commerce giant and underwent upgrades to meet the tenant’s unique specifications. The building will be LEED-certified, lead to the creation of thousands of jobs over the duration of the lease, and was indisputably one of the finest facilities of its kind in the Midwest when the tenant took occupancy in 2022.
Developer: Brian McKiernan, SVP of Development, Central Region, CenterPoint Properties
Contractor: FCL
Lead Architect: Cornerstone
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS PROLOGIS LOCKPORT BUILDING 6
This 205,970 SF speculative logistics facility, located in Lockport, IL, was developed by Prologis and constructed by Meridian Design Build. The new facility is located at 16310 W. Prologis Parkway in Prologis Park 355 just off the I-355 interchange. This 36’ clear state of the art industrial warehouse features 277/480v power, ample parking, 24 loading docks (expandable to 45) and 2 grade level doors. Architectural services were provided by Ware Malcomb. Civil engineering work was completed by Kimley-Horn. CBRE is marketing the building for Prologis.
Developer: Prologis
Contractor: Meridian Design Build
Lead Architect: Ware Malcomb
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS FEDEX GROUND DECATUR, IL
This 317,518 SF FedEx Ground automated package sorting and distribution center was constructed by Meridian Design Build in Decatur, IL for developer Scannell Properties. The new building includes 10,920 SF of office space, 174 interior van loading positions, and 78 loading docks. The building is constructed on a 36-acre site featuring a 607 car employee parking lot, 121 trailer storage positions, 80 van parking spaces and 23 tractor stalls. The project was completed on a design/ build basis. Architectural services were provided by Cornerstone Architects. Civil engineering work was completed by Spaceco, Inc.
Developer: Scannell Properties
Contractor: Meridian Design Build
Lead Architect: Cornerstone Architects
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS FEDEX GROUND DANVILLE, IL
This 217,323 SF FedEx Ground package sorting and distribution center was constructed by Meridian Design Build in Danville, IL for Jones Development. The building is constructed on a 42-acre site featuring a 390 car employee parking lot, 68 trailer storage positions, 48 van parking spaces, and 11 tractor stalls. The project was completed on a design/build basis. Architectural services were provided by Ware Malcomb. Civil engineering work was completed by Farnsworth Group.
Developer: Jones Development Co.
Contractor: Meridian Design Build
Lead Architect: Ware Malcomb
50 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS ALGONQUIN CORPORATE CENTER BY NORTHPOINT DEVELOPMENT
NorthPoint Development’s “Algonquin Corporate Campus” is a brand new 1.6-million square foot industrial corporate campus located in the Village of Algonquin. The campus will feature as many as 5 “Class A” industrial buildings in the 147-acre campus at the southwest corner of Randall Road and Longmeadow Parkway. The first campus of its kind in the Village of Algonquin, the project quadruples the amount of industrial squarefootage overnight while creating 1,000 new jobs in the region.
Developer: NorthPoint Development
Contractor: FCL Builders
Lead Architect: Studio North Architecture
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS ATKORE EXPANSION
Atkore International, a leading provider of electrical, safety and infrastructure solutions, chose Becknell Industrial to construct its new facility in Hobart, Indiana. Becknell was selected as the developer of choice given its previous experience with similar manufacturing clients and its ability to provide a well-located Class A facility. This facility allows Atkore to consolidate a portion of its Midwest operations, while also allowing for future expansion capability. Shortly after signing the Phase 1 lease to consolidate three Midwestern facilities into a 300,000 SF facility, Becknell and Atkore began discussions for Phase 2 which required an additional 300,000 SF.
Developer: Becknell Industrial
Contractor: Becknell Industrial
Lead Architect: Becknell Industrial
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS BRIDGE POINT SKOKIE - UPS LEASE
Bridge Point Skokie is a 171,746-square-foot Class A industrial facility on twelve acres in Skokie, Illinois. Bridge acquired the land for development in November 2020 with a plan to fully remediate the environmentally hazardous site — previously used as an old foundry — and deliver a state-of-the-art destination to attract a top-tier tenant and fuel economic development. Demolition of the existing structure began immediately upon acquisition, and intensive site remediation was carried out before construction commenced. The building was successfully preleased in its entirety to its current tenant, UPS, in October 2021 before its completion in June 2022.
Developer: Bridge Industrial
Contractor: Premier Design & Build Group
Lead Architect: Cornerstone Architects Ltd.
INDUSTRIAL / MANUFACTURING / SCIENCE - WAREHOUSE /LOGISTICS MEDLINE GRAYSLAKE
Estimated to be the largest medical distribution center in the United States, Ware Malcomb provided full-service architecture, interior design and branding services for Medline’s new facility located in Grayslake, Illinois. The 1,426,800 square foot LEED certified facility will help Medline maintain a prominent presence in the Centrally located Northern Illinois Region. Medline’s new location will add numerous new jobs to the area and allow for the distribution of thousands of products and devices to healthcare providers nationwide.
Developer: Medline
Contractor: Alston Construction Company
Lead Architect: Ware Malcomb
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REDEVELOPMENT / REUSE / HISTORIC PILSEN OFFICE BUILDING
Chicago’s Pilsen neighborhood interweaves vibrant threads of community, industry, and creativity. Celebrating the neighborhood’s past, the Pilsen Office Building redevelopment revitalized an abandoned turn-of-the-century warehouse into a modern 104,000sf office, creating a Class A destination workplace. The renovation included a total overhaul of the existing core and shell, including new mechanical, electrical and technology systems as well as a full interior renovation and finishes build out featuring a mix of modern finishes accented by Corten steel and industrial flourishes. The revitalization and conversion of the heavy timber warehouse into modern office space brings an approximate 8-million-dollar value to the community.
Developer: Condor Partners
Contractor: O’Malley Construction Company
Lead Architect: zpd+a architects
REDEVELOPMENT / REUSE / HISTORIC FORMER ROMEOVILLE SAM’S CLUB TO SCENE75 ENTERTAINMENT CENTER
Scene75, an indoor family amusement center, purchased a vacant Sam’s Club building and built out the 135,000 square foot space. Scene75 operates five facilities, with the Romeoville facility being the first outside of Ohio. Scene75 is a regional draw, expected to attract over 400,000 visitors annually and is the largest indoor entertainment center in Illinois. They opened in September 2022 and, in the first three months of being open, have attracted approximately 118,000 visitors and has become one of the busiest attractions in the Chicago area.
Developer: Scene75 Entertainment Center, Dayton, Ohio
Contractor: CMK Contractors Inc., Crestwood, Illinois
Lead Architect: Richard Kasemsarn Architects, Chicago, Illinois
REDEVELOPMENT / REUSE / HISTORIC ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT HOUSING PHASES 1-3
Gilbane|DDA partnered with IIT on the multi-phased restoration of three historic residence halls. The renovation project included the exterior facade replacement of Mies Van der Rohe-designed facilities. The new halls incorporate 570 modified pod-style beds with common spaces for Kacek and Cunningham Halls and feature 200 apartment-style dorms for Carman Hall. The LEED Silverdesigned facilities were completed ahead of schedule despite challenges due to COVID, yielding substantial savings. Recordbreaking diverse and local participation results were achieved. The program re-established the buildings’ visual presence on campus and demonstrated how historic modernist structures can adapt to today’s needs, technologies, and environmental standards.
Contractor: Gilbane Building Company
Lead Architect: Dirk Denison Architects
REDEVELOPMENT / REUSE / HISTORIC THE TERMINAL
The Terminal is a 250,000 SF, three-building science and research campus for firms in need of high-end, growth-ready lab and office space. Renovated and repositioned by IBT Group, Mansueto Office, RATIO Architects, and ARCO/Murray, the facility spans six acres in Chicago’s Humboldt Park. The Terminal is listed on the National Register of Historic Places and currently serves as headquarters to two pioneering R&D firms. The project was recently named NAIOP Chicago’s 2022 Office Redevelopment of the Year.
Developer: IBT Group + Mansueto Office
Contractor: ARCO/Murray
Lead Architect: Ratio Architects
52 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
REDEVELOPMENT / REUSE / HISTORIC MAYWOOD SUPPORTIVE LIVING
A massive historic renovation 10 miles west of downtown Chicago. This 133,000-SF, five-story historic redevelopment of a 92-year-old building was revitalized to provide 100 units of affordable, supportive living housing with healthcare and nursing amenities. After just 14 months of construction, the historic property was transformed into an environmentally friendly, all-inclusive assisted living facility for low-income seniors. While taking great care to preserve and restore the building’s natural architectural beauty, the team stripped it down to add modern amenities for the new residents, keeping the character and charm from when it was built in 1929.
Developer: Celadon Partners
Contractor: Skender
Lead Architect: Gleason Architects
VOLUNTEER OF THE YEAR ALISSA ADLER COLLIERS
Alissa is in her 19th year volunteering at Save a Pet with over 3,500 hours of her time dedicated to saving animals and giving a voice to animals in need. Save a Pet is one of Lake County’s largest no-kill animal shelters and they celebrated it’s 50th Anniversary in 2022. Last year she chaired the 7th Annual Real Estate to the Rescue Golf Outing, bringing real estate professionals and golf together to raise funds and awareness. In 2022, fundraising reached an all time high for the event of $90,000 from over 60 sponsors. The event has raised $350,000 for Save A Pet, since it’s inception. In 2023, Alissa hopes to raise over $100,000 at the event. Alissa is also assisting Save a Pet as a committee co-chair with a new TopGolf fundraiser and also participates in volunteer training and animal socialization.
Upcoming Events
JUNE EVENTS
20th Annual CIP Industrial Summit
June 20, 2023
Cleveland Commercial Real Estate Summit
June 21, 2023
Madison Commercial Real Estate Outlook Summit
June 22, 2023
Kansas City MID-YEAR Forecast Summit
June 28, 2023
Des Moines Commercial Real Estate Summit
June 29, 2023
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VOLUNTEER OF THE YEAR SHEILA SIPES HKS,
INC.
Volunteer Roles 2022 .CoreNet Chicago Chapter President 2022 volunteer role. Responsibilities include managing the affairs and overall welfare of the Chapter and 400+ members. Focus on enhancing diversity, racial and gender equity in program topics and speakers. Support 15 annual events including Sue Duncan Coat Drive and Laptop Drive, provided 2 scholarships for local university students, host city for annual summit, and Speed Mentoring events with young leaders and local mentors. Greater Chicago Food Depository Commercial Real Estate Award Committee member for 9+ years, event raises over $1Million for the organization. Coordinated company volunteer repack and annual (9+ years) participation with family repack.
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GENERAL CONTRACTOR OF THE YEAR, OFFICE CLUNE CONSTRUCTION
Clune Construction is a national, employee-owned general contractor, with over 700 talented professionals in seven offices across the U.S. The firm manages over $1.6 billion in construction projects annually nationwide. The company’s national presence continues to grow with its newest office in Phoenix. Clune’s dedicated project teams and the relationships they continue to build with clients makes this growth possible. The company prides itself on mutual respect between the organization and its employees. Clune ensures its values and behaviors are being lived out within the organization, helping define “The Clune Way.”
GENERAL CONTRACTOR OF THE YEAR, OFFICE SKENDER
Skender is a full-service building contractor and one of the nation’s top 100 construction firms, according to Building Design & Construction. We combine Lean process with high-performing teams to deliver unmatched results and maximum value. Headquartered in Chicago with a satellite office in Indianapolis, Skender serves its clients in the Midwest and across the country. For more information on Skender, visit www.skender.com.
GENERAL CONTRACTOR OF THE YEAR, OFFICE EXECUTIVE CONSTRUCTION INC.
Executive Construction is a general contractor in the Chicagoland area whose work is underscored by a highly principled approach to business. At the core of each Executive Construction project is an unwavering integrity that champions clear process, operational excellence, and collaborative teams committed to shared success. Team members lead construction on projects sized from $50,000 to $100M within the new construction, interiors, and mission critical markets. For nearly 50 years, we have established ourselves as a trusted partner to nationally-recognized architects and engineers, creating unique spaces for notable clients and Fortune 500 companies.
BROKER TEAM OF THE YEAR, MULTIFAMILY PATRICK KENNELLY, PAUL WATERLOO INTERRA REALTY
Interra Managing Partners Patrick Kennelly and Director Paul Waterloo had the best year of their careers in 2022 with 20 transactions comprising 800 units worth over $138 million. This represents a significant jump from the team‰Ûªs 2021 numbers. Friends since high school, Kennelly brought on Waterloo in 2017 and the pair have parlayed their long-standing friendship into a successful broker team. In addition, the team brought on an associate in 2022 and actively mentors young professionals at the firm to help guide their careers.
54 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
BROKER TEAM OF THE YEAR, MULTIFAMILY NOAH BIRK, AARON SKLAR KISER
Noah Birk and Aaron Sklar have set a new record for commercial property transactions in Chicago’s South Side, with an impressive 72 completed deals in 2021 and 66 in 2022. The Birk | Sklar team at Kiser Group has maintained their position as the top-selling individual or team in the city across all asset types. In 2022, the team continued to see strong demand in popular neighborhoods like Bronzeville, South Shore, Chatham, and Washington Park. Despite a high interest rate environment, the area’s pricing has made it an attractive option for multifamily investors looking to expand their portfolios. As their success continues to grow, the team has expanded to include additional associates.
BROKER TEAM OF THE YEAR, MULTIFAMILY REID BENNETT, CCIM, CODY DORAN SVN CHICAGO COMMERCIAL
Reid Bennett, CCIM and Cody Doran showcased their client-focused approach and posted a record year in 2022. In late 2022, while most contracted properties were being re-negotiated (retraded) to lower prices due to rising interest rates, Bennett and Doran were able to successfully transact at contracted prices
BROKER OF THE YEAR, TENANT REP/LEASING DAN LEAHY NAI HIFFMAN
Dan Leahy, Executive Vice President and Partner at NAI Hiffman, concluded yet another banner year as one of the top industrial brokers, not just in Illinois, but across the globe. Proven by his selection an NAI Global Top Producer, an award given to individuals who are handling the highest volume of multimarket business within NAI, Leahy added to his already impressive list of accomplishments. In 2022, Leahy completed 5.7 million square feet of industrial lease and sale transactions in worth a total of $47.1 million. His largest warehouse/ distribution transactions included a 1,035,034 square foot speculative facility in Joliet, IL, a 657,540 square foot facility in Romeoville, IL, and a 543,638 square foot facility in North Aurora, IL. Dan represented Ownership in each of these transactions.
BROKER OF THE YEAR, TENANT REP/LEASING KELLY DISSER NAI HIFFMAN
Regardless of market conditions, NAI Hiffman Executive Vice President Kelly Disser’s primary focus is always to create and maximize value for his clients and provide the highest levels of service. This year was no different in that regard as Kelly was able to assist his clients to opportunistically navigate the dynamic market conditions through 2022. In multiple projects representing both institutional and private landlords and developers, the values of his client’s assets were maximized. Many successful lease and sale negotiations resulted in cases of record-breaking industrial asset values and multiple leases achieved record net rents in various buildings. As a result of skillful site selection and creativity, Kelly was able to complete and negotiate a number of build to suit transactions with excellent and loyal occupier & tenant clients.
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BROKER OF THE YEAR, TENANT REP/LEASING FRED ISHLER AVISON YOUNG
Fred Ishler is a well-known name in the Chicago real estate industry, and for good reason. He is one of the most creative brokers in the city, with a long track record of success in the Chicago suburbs. In 2023, he completed more than 20 successful transactions in an extremely tough suburban office market. His ability to structure compelling economic deals for his clients is unparalleled, making him a go-to broker for both tenants and landlords. One of Ishler’s most notable achievements was representing the landlord, Bradford Allen, in the Airline Pilots Association (ALPA) transaction. ALPA was the largest existing tenant at Pointe O’Hare and was seeking to rework its space as well as expand. The tenant explored relocating to other buildings in the O’Hare office market, which were aggressive in a softening market.
BROKER OF THE YEAR, TENANT REP/LEASING GARY FAZZIO CBRE, INC.
Gary is a Vice Chairman with CBRE, specializing in tenant representation. Gary views real estate decisions in the context of the client’s overall strategic objectives and seeks to understand how real estate impacts each company’s productivity and profitability. He utilizes his financial and analytical skills as well as market knowledge to fulfill the client’s real estate requirements.
BROKER OF THE YEAR, TENANT REP/LEASING FRED REGNERY COLLIERS
Frederick Regnery is once again Colliers’ top producing real estate professional companywide (across all service lines), a position he has held since 2019. He had another record-breaking year in 2022, completing 91 transactions totaling 13.0 million square feet and 32.82 acres and valued in excess of $830 million.
BROKER OF THE YEAR, TENANT REP/LEASING JOHN JOYCE, CCIM, SIOR SVN CHICAGO INDUSTRIAL
John Joyce, CCIM, SIOR and AIRE member completed 36 transactions in 2022 all of which were sourced on his own with an aggregated leasing and sale volume of more than $45 million. Joyce collaborated with a number of SVN Advisors on 34 of his total 36 transactions. Joyce, a firm believer in continuing education and collaboration enjoys training his team on the fundamentals of commercial real estate brokerage. In 2022, Joyce was awarded the SVN Chicago Commercial -“Top Dog-ù Advisor- an accolade reserved for the highestperforming Advisor within the Chicago-based firm. In 2019, when Joyce helped to establish SVN Chicago Industrial, his goal was to curate an industrial real estate team eager to improve their commercial real estate practice, collaborate and close deals!
BROKER OF THE YEAR, TENANT REP/LEASING JON SPRINGER CBRE, INC.
Jonathan Springer is currently an Vice Chairman with CBRE, Inc., joining the firm following its merger with Insignia/ESG. Specializing in tenant representation, Jon focuses on business development and strategic planning including developing comprehensive real estate plans (structuring and negotiating commercial leases) and implementing creative real estate solutions.
BROKER OF THE YEAR, TENANT REP/LEASING WILLIAM “BILL” HIMMELSTEIN TENANT ADVISORY GROUP
When I started Tenant Advisory Group back in 2008, my vision was to start a firm where we could truly partner with our clients, where we would spend just as much time supporting the growth of our clients’ businesses as we did negotiating their real estate transactions.
Fifteen years later, I am thrilled to say I’ve done just that. The approach I take is bigger than just completing transactions. It’s about a -“giver’s gain-ù philosophy, whereby I seek to bring value to my clients and partners through strategic introductions to potential new clients, as well as to other professionals who can assist them with various aspects of their real estate or their business.
56 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
SUB-CONTRACTOR OF THE YEAR GI STONE
Founded in 1995, GI Stone is a commercial stone provider specializing in sourcing, fabrication and installation of interior and exterior custom stone to clients nationwide. Based in Chicago’s Hubbard Street industrial district, with clients throughout the country, the company sustains strong relationships with local and international stone providers to source the highest-quality raw materials available. GI Stone provides fabricated stone products to developers and contractors for upscale commercial developments, consulting with architects, engineers and interior designers to shape the stone into elegant finishes and execute the owner’s vision. To learn more, visit www.gistone.com.
SUB-CONTRACTOR OF THE YEAR VDA ELEVATOR CONSULTING
VDA Elevator Consulting provides many services to help your property save money and insure they get what they pay for in the elevator industry, we assist with writing Full Maintenance Agreements custom made for the individual property and there needs, provide modernization specifications, bidding, construction services, maintenance monitoring to insure your properties vertical transportation systems are running properly, tested per code, insure proper maintenance is being done, AIC inspections and much more.
INDUSTRIAL / MANUFACTURING / SCIENCE, HQ WEHRLI CUSTOM FABRICATION - NEW HEADQUARTERS
New headquarters for Wehrli Custom Fabrication, a family business that specializes in high-performance diesel upgrades and custom metal fabrication. Built on 11-acres in DeKalb, Illinois, the 112,000-sf, state-of-the-art facility features 12,000 sf of office space with a two-story element and elevator for future expansion, a spacious breakroom and reception area with retail space. The warehouse features (5) drive-in doors, shipping/ receiving area, (6) docks, (1) UPS dock, (1) trash compactor, a temperature-controlled storage room for specialty parts and equipment to support performance, manufacturing, welding and powder coating operations. The strategically placed windows provide natural lighting and nice sceneries throughout the facility.
Developer: Wehrli Custom Fabrication, Inc.
Contractor: Krusinski Construction Company
Lead Architect: Archideas, Inc.
INDUSTRIAL / MANUFACTURING / SCIENCE, HQ K.R. KOMAREK
A 7,279-SF addition and building remodel to maximize the size of the building and parking lot to keep up with substantial growth. Site work was needed to meet the city’s zoning requirements, a 1.7 acer detention pond was cut in to direct runoff for added parking using permeable pavers. Making room for the new precast addition a ComEd vault was relocated on the property and the existing structure underwent upgrades to the Facade. The interior space is filled with high-end finishes, exposed ceilings, glass partitions, decorative feature walls, accent lighting, as well as new locker rooms and washrooms.
Contractor: TW Chicago
Lead Architect: IDG
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INDUSTRIAL / MANUFACTURING / SCIENCE, HQ ERA VALDIVIA
Our design team transformed an outdated, deserted soccer facility into a modern, dynamic headquarters for Era Valdivia Contractors (EVC), a family-owned general contractor with operations throughout the Midwest. From the inside out, the original structure underwent a substantial makeover from its dilapidated original state. EVC’s goal for the new space was to establish an atmosphere that served as a gathering place for both employees and the community, leaving a legacy for generations to come. The new site replaced their previous one, which burned down in a fire, and was located next door, allowing them to stay in the community.
Contractor: BEAR Construction
Lead Architect: Ware Malcomb
INDUSTRIAL / MANUFACTURING / SCIENCE, HQ ELECTRICAL INSURANCE TRUSTEES FUND OFFICE (EIT)
New Administrative offices, combined with Health & vision clinic for the Electrical Insurance Trustees.
Developer: EIT
Contractor: Berglund Construction
Lead Architect: Jensen & Halstead, Ltd.
INDUSTRIAL / MANUFACTURING / SCIENCE, HQ HAZEL TECHNOLOGIES
Skender served as general contractor on the interior build-out of the two-story, 54,000-square-foot lab and headquarters office space for Hazel Technologies, a USDA-funded technology company developing solutions to extend the shelf life of fresh produce. Hazel was one of the first tenants to move into 320 N. Sangamon Street, the new 13-story Fulton Market office building developed by Tishman Speyer and Mark Goodman & Associates. Hazel selected the property— which was built as an office building with ground-floor restaurant and retail— because of the location, building amenities and lack of ready-to-go lab space. A conversion to lab use was necessary.
Developer: Hazel Technologies (tenant); Tishman Speyer and Mark Goodman Associates (building developer)
Contractor: Skender
Lead Architect: Perkins & Will
JUNE EVENTS
20th Annual CIP Industrial Summit
June 20, 2023
Cleveland Commercial Real Estate Summit
June 21, 2023
Madison Commercial Real Estate Outlook Summit
June 22, 2023
Kansas City MID-YEAR Forecast Summit
June 28, 2023
Des Moines Commercial Real Estate Summit
June 29, 2023
www.rejournals.com
58 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
CHAMPION OF DIVERSITY JESSICA SIVELS COMMUNITY INVESTMENT CORPORATION
Jessica Sivels, the Director of Property Management Education and Community Engagement for Community Investment Corporation, had a remarkable year filled with noteworthy accomplishments. Her dedication to promoting fair housing practices and improving landlord-tenant relations has resulted in her involvement in several initiatives and organizations that have made a substantial impact.
Jessica Sivels served as the Co-Chair of the Rents Right Committee for the City of Chicago Department of Housing. She played a crucial role in promoting initiatives that fostered fair housing practices and enhanced the city’s rental housing quality. Her engagement with organizations like NHS Chicago, NBOA Chicago, and the Chicago Housing Authority has also equipped her with valuable insights into improving landlord-tenant relations, positioning her as a reputable expert in the industry.
CHAMPION OF DIVERSITY SHEILA URBAN SHECON
Completed $7M Lobby Redevelopment at 525 W Monroe as a Diversity Manager for the project team, currently building $14M office build-out in the West Loop at 167 N Green as a Diversity Manager for the project team, Created DEI programming for a STEM tour of a construction site for high school girls who identify as refugees and immigrants, Created DEI programming for a small Latina owned business to partner with construction trades on a jobsite in Chicago, consulted with Clune Construction on their corporate DEI initiatives
CHAMPION OF DIVERSITY BRADLEY BOROWIEC ZELLER
Zeller is committed to fostering and preserving a culture of inclusion and helping build communities that protect, serve and support all citizens equally. Diversity, equity and inclusion are key elements in the blueprint of Zeller’s culture. Zeller’s diversity, equity and inclusion program, ZDIC, was established in July 2020 due to the continual social unrest in wake of the events that unfolded in summer of 2020. Bradley Borowiec, Vice President, was instrumental in developing this program, serving as co-chair of ZDIC for the first two years and a current committee member. The primary goal of ZDIC is to promote engagement among Zeller’s inclusive cultures and perspectives, free of judgement, to elevate our business strategies and strategize the best practices to provide a diverse and inclusive culture at Zeller that have the greatest impact on our employees, clients, investors, and tenants.
CHAMPION OF DIVERSITY RICHIE HANDS LAMAR JOHNSON COLLABORATIVE
Richie Hands is a Senior Associate at Lamar Johnson Collaborative (LJC), Associate Director on the AIA Chicago Board of Directors, and the National Chair of NOMA (National Organization of Minority Architects) Project Pipeline. Richie also serves on a task force for youth-based architectural programming with AIA Chicago, I-NOMA, NOMA, and CAC (Chicago Architecture Center). Focusing on bringing underrepresented people into the profession, Richie has a long history of advocating for diversity within the field of Architecture. His achievements lead to Richie being awarded the UW Milwaukee Alumni Graduate of the Last Decade (GOLD) award. Specifically, Richie’s role as National Chair of NOMA’s Project Pipeline, he has committed countless hours to increasing the number of Black and brown designers at every level of the industry, from the introduction of architecture and design in schools, to supporting licensure once in the workforce, and though leadership within the industry. Richie creates the curricula for NOMA sponsored student summer camps, coordinating with Project Pipeline directors across all NOMA chapters.
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PROFESSIONAL SERVICE COMPANY OF THE YEAR LUXURY LIVING
Luxury Living is an award-winning multifamily consulting, marketing, branding, and strategy real estate brokerage based in Chicago. Founded in 2007, the brokerage firm has unparalleled experience marketing and leasing luxury multifamily properties in Chicago providing best-in-class customer service with a seamless showing and leasing process.
PROFESSIONAL SERVICE COMPANY OF THE YEAR CRESCENT CLEANING COMPANY
Crescent Cleaning Company provides commercial janitorial services to office buildings, public venues, life science, medical and educational facilities in addition to a full line of special services including carpet cleaning, hard floor maintenance, construction cleaning, event cleaning, and disinfection services. Crescent services such notable partners as CBRE, Cushman & Wakefield, Avison Young, Shedd Aquarium, Chicago History Museum and Lyric Opera House. In 2021, Crescent earned the coveted CIMS Certification with Honors through ISSA. The extensive certification process is designed to ensure that Crescent’s management system ensures quality efficiency and overall customer satisfaction.
BROKER OF THE YEAR, GENERAL BROKERAGE JOE BRONSON NAI HIFFMAN
In the last year, Joe Bronson has once again cemented his place among the most trustworthy brokers in the industrial sector of commercial real estate servicing the O’Hare submarket. With approximately 50 deals closed through the year 2022, Joe Bronson has no shortage of impressive numbers to list his accomplishments. Bronson accumulated a grand total of 1.9 million square feet of transactions adding up to $91.1 million in sales and leasing during the 2022 year. Proving his versatility, no deal was too large or too small for Joe with deals ranging from a 2,299 square foot space in Lisle all the way to his largest transaction of the year by space -– a 365,814 square foot transaction in Bolingbrook. In 2022, Joe closed 11 total deals with square footage of larger than 50,000 including four deals of more than 110,000 SF.
BROKER OF THE YEAR, GENERAL BROKERAGE STEVE HORVATH CONLON COMMERCIAL
Horvath is an owner of one of Chicago’s premier boutique commercial brokerage firms, CONLON Commercial. In 2022 Steve Horvath was successful in executing over 70 transactions. His completed transactions include office, industrial, retail, net lease sale investments and development sites in commercial real estate throughout the Chicagoland area for projects totaling over $250 million dollars. Notable transactions include the sale of 21,000 square foot redevelopment site for 10-story, 150,000 square foot laboratory sciences building in Evanston at the doorway to Northwestern University campus. The transaction was one of the largest of 2022 in the Evanston area.
60 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
EXECUTIVE OF THE YEAR TRICIA TRESTER CRESA
Tricia consistently seeks ways to create a competitive edge for her team and clients. Most recently, she oversaw the acquisition of a workforce analytics company committed to helping employers better understand the behaviors and preferences of their employees. Tricia is also working closely with her team and clients to undertake Digital Transformation efforts. Knowing her clients’ need for information is immediate, Tricia is passionate about leveraging tools that provide realtime, actionable insights which minimize the need for costly, time-intensive consulting engagements. Most recently, Tricia and her team have launched a -“Change the Conversation-ù campaign which encourages occupiers to see their real estate portfolio as a strategic asset -– not a cost center. This campaign highlights creative financing and ownership strategies that help position occupiers for success in this new era of work. Tricia has undertaken several large-scale initiatives to solve familiar and emerging challenges including sustainability, corporate responsibility, and enterprise engagement.
EXECUTIVE OF THE YEAR BOB SIX ZELLER
For over 20 years, Bob Six, CEO, has played a key role in shaping Zeller’s portfolio and spearheading the rapid expansion of the firm’s platform into Atlanta, Dallas, Denver, Indianapolis, Minneapolis, and Portland. Bob has championed efforts that have led to advancements in innovation, sustainability, and diversity throughout the platform. Bob’s leadership has provided award-winning years for Zeller over the past 3 years. 401 North Michigan Avenue and The Wrigley Building have received BOMA International TOBY Awards, Fifth Street Towers and LaSalle Plaza in Minneapolis, and Resurgens Plaza in Atlanta were the recipients of Regional TOBY awards. Capital Center, in Indianapolis, and 100 Peachtree in Atlanta have received Local TOBY Awards. Zeller was also recognized as the Top Property Management Firm in both Illinois and Minnesota by RE Journals in 2022. Under Bob’s leadership, Zeller has also been recognized as a Best Places to work by Crain’s Chicago.
EXECUTIVE OF THE YEAR CHARLES KRAWITZ ALLIANT CREDIT UNION
Charles Krawitz is Senior Vice President, Chief Capital
Markets
Officer and Head of Commercial Lending at Alliant Credit Union. In 2022, he was promoted to this C-Suite position after leading the commercial real estate lending team and several related groups since 2017. He is a recognized innovator and a member of the Midwest Real Estate News Hall of Fame. Charles and his team have made their mark by challenging market perceptions about the role credit unions play in commercial real estate finance. Charles has led Alliant to chart a new course for itself and other credit unions, as recognized by the Credit Union National Association (CUNA) with the 2018 Excellence in Lending Award, which cited his commercial real estate lending strategy and leadership. 2022 was a banner year; the Alliant team provided $1.1 billion in commercial real estate loans even amongst rising interest rates and a myriad of economic challenges.
EXECUTIVE OF THE YEAR MASON AWTRY WURKWEL VENTURES
Mason has founded, owned, and led over 16 successful companies, employing over 2,000 individuals since starting his first business at the age of 12. He currently serves on the Board of Directors of YPO and is an active member of Hyde Park Angels (HPA), a leading early stage investor providing financial & organizational support to startup entrepreneurs preparing for funding rounds. This past year, beginning in Feb. 2022, Wurkwel portfolio companies, MAC Relocations and Office Furniture Center began what would be an 8 month furniture removal and decommissioning of a 1.8M sq. ft. insurance company HQ campus in Northbrook. Leveraging their eco-friendly decommissioning process, sustainable practices, and commitment to a circular economy, they removed 33,748 items from 62 floors spanning 15 office buildings, and were able to reuse 67% of those items, recycle 28%, donate another 2% with less than 3% of those items ever reaching a landfill! In 2022, as part of their annual Corporate Social Responsibility (CSR) program, Awtry and Wurkwel put out a call to action for non-profits and charitable organizations to apply for an office redesign complete with new furniture.
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GOVERNMENT / COMMUNITY FACILITY CHICAGO PUBLIC SAFETY TRAINING CENTER
The new Joint Public Safety Training Campus for Chicago’s first responders was conceived using transparency as a metaphorical and physical device that promotes interaction between the community and the public safety departments. Inspired by the checkerboard hatband synonymous with Chicago Police, the public facade is an abstraction of that Sillitoe tartan flickering to create openings that allow the community to see inside. The 180,000sf /32-acre academy facilitates the training of recruits and continuing education for public safety officers from both the police and fire departments.
Developer: City of Chicago represented by the Department of Assets Information and Services
Contractor: Public Safety Community Builders Joint Venture
Lead Architect: AECOM
UNION/TRADE ASSOCIATION MEMBER DAN ALLEN, CISCO CONSTRUCTION INDUSTRY SERVICE CORPORATION
Dan Allen has worked on behalf of the construction industry and the union trades for over 30 years serving Chicago’s real estate community. As an IBEW, Local 134 electrician, Allen took at job in the Chicago Department of Buildings and worked as an inspector for thirty years, serving the last decade as the Chief Electrical Inspector for the City. Dan Allen’s family has a long history in the Chicago building trades. Dan’s grandfather Thomas Allen and his father, another Thomas Allen, were both bricklayers for Local 21. Dan’s brother Jim is currently President of the Bricklayers District Council, and another brother Terry was a Business Manager for IBEW Local 134 in Chicago. Dan, himself a member of Local 134 since 1982, is also affiliated with the Electrical Contractors Association. So it was only natural after retiring from the City to take on a role of representing all the union trades as the Executive Director of the Construction Industry Service Corporation (CISCO) in 2013.
UNION/TRADE ASSOCIATION MEMBER JOSE MIRAMONTES ADMINISTRATIVE DISTRICT COUNCIL #1 OF ILLINOIS TRAINING CENTER
Jose Miramontes is the Apprentice coordinator for Pointer, Cleaner, Caulkers local 21 for the past 5 years. Jose is responsible for all the training required by the Department of Labor for 280 apprenticeships. Jose is also responsible for coordinating the required training for approximately 1200 other local 21 P.C.C. members. Additionally, he spends a lot of his time reaching out to various High Schools, Job fairs and community groups and explaining the value and rewarding careers in the masonry restoration trade. He often invites these organizations to come to the training center for “hands on” at the training center to experience what type of work that P.C.C. trade offers.
BROKER TEAM OF THE YEAR, INDUSTRIAL JEFF DEVINE, STEVE DISSE, TYLER ZIEBEL COLLIERS
In 2022, Colliers’ Jeff Devine, Steve Disse and Tyler Ziebel closed 20 transactions totaling 10.7 million square feet and valued at $1.1 billion. In one of the more notable deals in the market last year, the team represented Stockbridge in its sale of an infill, multi-tenant industrial portfolio consisting of 21 small bay, low clear height industrial buildings in Elk Grove to TA Realty.
62 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
BROKER TEAM OF THE YEAR, INDUSTRIAL ADAM HAEFNER, ZEKE ROWAN, MARTY MIKAITIS AVISON YOUNG
Adam Haefner, Zeke Rowan, and Marty Mikaitis are three incredibly talented brokers who have excelled in the Chicago industrial real estate market in recent years. With more than 30 transactions across the Chicagoland MSA completed in 2022 comprising nearly 20 million square feet of land and built properties and approximately $143,000,000 in total consideration, this team has proven that they are dedicated to their clients and committed to finding creative solutions to their real estate needs. Their expertise in developing strong partnerships, both with landlords and tenants, has led to repeat transactions and an extensive network of satisfied clients.
BROKER TEAM OF THE YEAR, INDUSTRIAL DAN LEAHY, ADAM ROTH NAI HIFFMAN
It takes an extraordinary team to navigate through obstacles presented to the commercial real estate market in 2022 and Dan Leahy (Executive Vice President and Partner) and Adam Roth (Executive Vice President) of NAI Hiffman are that team. The dynamic duo spent their year providing users, owners and institutional REITs with pragmatic real estate strategies, solutions, and implementation, none more impressive than a project at CenterPoint Intermodal Center in Joliet, Ill.
WOMAN OF THE YEAR
KAREN KULCZYCKI, CCIM SVN CHICAGO COMMERCIAL
Karen Kulczycki, CCIM is a Vice President with SVN Chicago Commercial, specializing in Industrial and Office investment properties. Karen’s experience ranges from small leasing space to property acquisition and new development throughout the Chicagoland suburban markets. Karen has been successful due to her thorough research and analysis, creating opportunities that maximize profits for her clients. Her focus is on acting in an advisory capacity by developing client relationships through face-to-face communication, measurable results, follow up, and helping owners stay on top of their marketplace.
WOMAN OF THE YEAR JESSICA SIVELS COMMUNITY INVESTMENT CORPORATION
Jessica Sivels, Director of Education and Community Engagement at Community Investment Corporation, has had an incredibly productive year, marked by a range of notable achievements and highlights. One of the most impressive accomplishments of Ms. Sivels’ tenure has been her work in developing and implementing a comprehensive community outreach and engagement strategy. Her efforts have resulted in increased participation in CIC’s educational programs, as well as greater awareness and support for the organization’s mission and goals. Ms. Sivels has also been instrumental in expanding the reach of CIC’s educational initiatives, both in terms of geography and impact. Through her leadership, the organization has launched a number of new programs and initiatives, including a series of virtual workshops and webinars aimed at educating the public about the importance of affordable housing and community development.
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WOMAN OF THE YEAR LINA CHIU LAMAR JOHNSON COLLABORATIVE
Lina Chiu is a Principal with Lamar Johnson Collaborative (LJC) who entered the architecture and design field over 20 years ago. As architecture studio director with LJC, Lina co-leads a team of over 65 industry professionals and works actively to recruit top talent for and provide mentorship within the firm. As a cancer survivor, mother, and wife Lina brings her full life experience to everything she accomplishes and every problem she sets out to solve. Lina’s achievements are far-reaching and her commitment to impacting communities extends beyond her daily work in the studio. For four years, Lina has served as a team leader for the Habitat for Humanity Women Build event in Chicago. As team leader, she spends a quarter of the year leading a fundraiser alongside other women, culminating in building a home at a Habitat site specifically for a woman in need.
WOMAN OF THE YEAR TRICIA TRESTER CRESA
Tricia consistently seeks ways to create a competitive edge for her team and clients. Most recently, she oversaw the acquisition of a workforce analytics company committed to helping employers better understand the behaviors and preferences of their employees. Tricia is also working closely with her team and clients to undertake Digital Transformation efforts. Knowing her clients’ need for information is immediate, Tricia is passionate about leveraging tools that provide realtime, actionable insights which minimize the need for costly, time-intensive consulting engagements. Most recently, Tricia and her team have launched a -“Change the Conversation-ù campaign which encourages occupiers to see their real estate portfolio as a strategic asset -– not a cost center. This campaign highlights creative financing and ownership strategies that help position occupiers for success in this new era of work.
WOMAN OF THE YEAR SARA DISNEY HAUFE SAM SCHWARTZ
As the Director of Traffic Engineering at Sam Schwartz, a leading national engineering, planning, and real estate development consulting firm, I am deeply embedded in the critical role transportation plays in the development of real estate. Transportation connects people to opportunity and to each other, providing a critical foundation for economic development and enabling vibrant communities. My leadership and advocacy for safe, functional, and equitable transportation in Chicagoland and throughout the US has resulted in the following accomplishments in the last year: I shepherded The Salt Shed through review and approval by the Chicago Department of Transportation (CDOT), overcoming substantial access constraints presented by the Chicago River and the Kennedy Expressway. The project involves a $50 million investment in reactivating a Chicago landmark building for use as prominent concert and event venue.
WOMAN OF THE YEAR LEONORA GEORGEOGLOU HED
Leonora Georgeoglou is a skilled leader in the practice of architecture with experience across North America. In her 20+ years in the A/E industry her career has ranged from overseeing the technical details of multi-floor office high rises to leading executive and facilities teams through visioning sessions for hundreds of millions in design work. Over her career she has developed a strong reputation for leadership, research, and advocacy for the advancement of architecture as a discipline, valuing sustainable, responsible solutions that respect client needs and the environment. Leonora’s passion for integrated design stems from her varied experience with demanding projects, where minor details can result in massive savings to schedule, cost, space performance, and on the user collaboration that is paramount to innovation.
64 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
WOMAN OF THE YEAR SUZANNE SERINO COLLIERS
Colliers’ Suzanne Serino is one of the most formidable industrial brokers in the Chicago area. In 2022, she closed 14 transactions totaling 3.3 million square feet and valued at $542 million. One transaction that exemplifies her dealmaking skills is the sale of Allstate’s suburban Glenview campus: The global pandemic and the accompanying shift to remote work impacted companies large and small, urban and suburban. Allstate Corporation was no different. In 2020, the Fortune 100 company found itself with an empty property in Unincorporated Cook County, its corporate headquarters home since 1967. In 2021, Allstate made the decision to sell 3075 Sanders Road and surrounding land and engaged with existing partners, Colliers’ Suzanne Serino, to market the site. Given the obvious sensitivity of such a project, marketing was required to be conducted in a confidential manner.
WOMAN OF THE YEAR JESSICA LINGERTAT GOULD + RATNER
As a managing partner and former chair of the firm’s Real Estate Practice, Jessica serves as a leader at the firm and a mentor for both associates and partners. Her 25year career includes significant experience in mortgage and construction loans, assetbased lending, operating lines of credit and other commercial loans, including those involving complex distressed assets. Over the past several years, matter highlights have included: Representing a rapidly growing owner, developer and manager of high-end single family rental homes in the acquisition and development of properties and startup related contracts. Representing a $33 million refinance loan on a portfolio of nine office and industrial properties. Representing a client on a loan acquisition and subsequent data move for an operating rehabilitation facility. Representing a client in portfolio loans for several apartment properties,
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL RYAN COMPANIES
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager with a focus on creating places for people to thrive. Ryan work spans a wide range of sectors and product types including healthcare, hospitality, industrial, mixeduse, multifamily, office, retail, and senior living. Built on the foundation of integrity, honesty and community, Ryan has grown to nearly 2,000 team members in 17 offices and has completed projects in nearly every state. For more information, visit ryancompanies.com.
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL FCL BUILDERS
FCL Builders is a national general contractor and designbuilder primarily focused on e-commerce, warehousing, cold storage, food production and manufacturing facilities. FCL excels at collaboration and communication, bringing teams together that reflect our industry expertise and local experience, to translate the most challenging projects and far-reaching goals into highly valued facilities that perform at every level.
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GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL MERIDIAN DESIGN BUILD
Meridian Design Build is a Chicago-based, full-service construction/ general contracting firm with extensive experience coordinating the design and construction of warehouse/distribution, cold storage manufacturing, and food processing facilities. We are committed to understanding our client’s needs and objectives and working diligently to ensure that their interests are protected with respect to cost control, schedule, and quality control every step along the way. Our clients value our technical expertise, our problem solving abilities, and our attention to their needs. As a result of this, more than 90% of our work is the result of repeat business or direct referrals from past clients.
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL KRUSINSKI CONSTRUCTION COMPANY
Founded by Joe Krusinski in 1973, our company’s legacy is built on trust, family values, and exceptional performance in the workplace. Krusinski Construction Company is a leader in providing comprehensive construction services by creating longlasting partnerships with clients throughout the entire design and construction process. We deliver solutions to complex building projects in the Chicago metropolitan area with a national reach in a wide range of industries. We provide creative solutions to project challenges. Our team works closely with each client throughout the entire process, enabling us to identify issues early and assist owners in making informed and cost-effective decisions.
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL PEAK CONSTRUCTION CORPORATION
Peak Construction Corporation is a privately held, well-capitalized design-build firm, headquartered in Rosemont, IL. For 26 years, Peak has provided clients with award-winning projects spanning multiple market segments – industrial/manufacturing, office, healthcare, hospitality, multi-family, construction management, land entitlement/ development and specialty construction. With a network of alliances, Peak brings in experts and partners from a wide spectrum of fields and roles, subsequently establishing long-term relationships rooted in service. Ultimately, Peak helps clients navigate the big and small decisions that turn their businesses’ needs and goals into tangible results by providing measurable analytics and project solutions designed and constructed for maximum long-term value.
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL MORGAN HARBOUR CONSTRUCTION
Morgan Harbour Construction has provided design-build construction solutions to our clients for over 20 years. Our company was built on the foundation of quality, service and professional accountability as we expertly navigate each project from conceptual design to completion. Based in Willowbrook, Illinois with offices in Kenosha, WI and Hamilton Township, NJ, our clients span the nation from the Midwest to the mid-Atlantic. Our project teams are proficient in addressing the unique needs of our evolving client base across the U.S. We pride ourselves in partnering with our clients in industrial, logistics/distribution, cold storage, office, medical and business aviation markets.
66 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
GENERAL CONTRACTOR OF THE YEAR, INDUSTRIAL CLAYCO
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely and sustainably delivers the highest quality solutions to clients across North America on time, on budget, and above and beyond expectations. With $5.2 billion in revenue for 2022, Clayco specializes in the “art and science of building,â€ù providing fast track, efficient solutions for industrial, commercial, institutional and residential-related building projects. For more information, visit www.claycorp.com.
DEVELOPER OF THE YEAR RYAN COMPANIES
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager with a focus on creating places for people to thrive. Ryan work spans a wide range of sectors and product types including healthcare, hospitality, industrial, mixeduse, multifamily, office, retail, and senior living. Built on the foundation of integrity, honesty and community, Ryan has grown to nearly 2,000 team members in 17 offices and has completed projects in nearly every state. For more information, visit ryancompanies.com.
DEVELOPER OF THE YEAR RIVERSIDE INVESTMENT & DEVELOPMENT INC.
Riverside Investment and Development Company is a multi-faceted real estate firm based in Chicago, Illinois. Founded in 2010 by John O’Donnell, a longtime Chicago real estate veteran, Riverside focuses on the pursuit of complex high, caliber development and redevelopment, with expansions occurring in Denver and Charlotte. Riverside is dedicated to creating value for our investors and delivering advanced, tenant-user-focused buildings. Above all, the development team brings a high degree of integrity as we seek to create unrivaled places and spaces across all commercial product types.
DEVELOPER OF THE YEAR BECKNELL INDUSTRIAL
Becknell Industrial specializes in the development, investment and management of industrial properties across the United States. The company currently owns interests in 189 properties totaling more than 35 million square feet. Vertically integrated, Becknell is responsible for every aspect of the project providing the decisionmaking authority and expertise to meet client expectations for a high-performance facility delivered on time and on budget.
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DEVELOPER OF THE YEAR MAVREK DEVELOPMENT
Mavrek Development is a full-service developer and general contractor firm based in Chicago. We specialize in commercial and large residential developments that breathe life back into local neighborhoods. We take pride in overseeing the development process from the perspective of the owner and builder. This passion results in premier builds that connect communities and leaves a lasting impression in cities across the United States.
DEVELOPER OF THE YEAR STERLING BAY
Sterling Bay is a national real estate company that boldly transform spaces, industries, and communities, sparking growth and opportunity at every turn. Known for creating innovative, connected, and collaborative spaces for companies such as Google, McDonald’s, WPP, Pinterest, Dyson, and Tyson Foods, Sterling Bay is consistently recognized for award-winning projects that enhance communities and strengthen a company’s culture. Sterling Bay’s team of more than 185 professionals is responsible for a portfolio exceeding $5 billion and a development pipeline of more than $20 billion. For more information, visit www.sterlingbay.com.
DEVELOPER OF THE YEAR CENTERPOINT PROPERTIES
CenterPoint is an innovator in the investment, development, and management of industrial real estate and multimodal transportation infrastructure. The firm is privately owned by CalPERS – the California Public Employees Retirement System – the largest public pension fund in the U.S. In 2023, CenterPoint will celebrate its 30th anniversary, though our roots can be traced back to 1984. CenterPoint has grown into one of the nation’s largest industrial real estate firms. CenterPoint has 134 employees working in our corporate headquarters in Oak Brook, Illinois, and regional offices in Saddle Brook, New Jersey, South Florida, Houston, Los Angeles, and Oakland.
DEVELOPER OF THE YEAR CRG
CRG is a privately held national real estate development and investment firm that has developed more than 10,000 acres of land and delivered over 210 million square feet of commercial, industrial, institutional, and multifamily assets exceeding $13 billion in value. CRG leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, Indianapolis, Seattle, Southern California, St. Louis, Philadelphia, and Phoenix. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next-generation users led to the creation of its industrial brand, The Cubes, and its multifamily brand, Chapter. Visit www.realcrg.com for more info.
68 2023 Illinois Real Estate Journal | Commercial Real Estate Awards | REjournals.com
COMPANY PROFILES
CALAMOS REAL ESTATE LLC
It takes know-how to help owners stand out and tenants navigate the volume of inventory in today’s high-vacancy market.
At Calamos Real Estate, we’re not just brokers. We’re developers & owners of several properties—including CityGate Centre in Naperville with more than 86 percent Class-A Office occupancy—and we’re tenants, too, in offices across the country. This gives us a unique understanding of the needs & wants of all key stakeholders in real estate transactions.
A boutique firm providing brokerage, property management and construction management services throughout Greater Chicagoland, we’re also involved in acquisitions, development opportunities and joint ventures. Calamos Real Estate was named among The Best of The Best Developers by Midwest Real Estate News in 2022.
Our flagship development, CityGate Centre in Naperville, is an inviting, mixed-use community that offers superior opportunities and high-caliber property management for corporate and commercial tenants. Beyond the 86 percent occupancy of its Class A office, its retail more than 89 percent leased and the 256-unit Domain CityGate luxury apartment building – a joint venture with Lincoln Property Group that opened fall 2022 – is more than 50 percent leased.
As space in the buildings at CityGate Centre approach capacity, the community has room to grow: Three in-fill opportunities ranging from 2.23 acres to 3.99 acres are available, including a high-visibility lot along I-59.
Calamos Real Estate’s brokers represent both owners and
tenants in lease and sales transactions. Our commercial property management team takes care of both properties and people, addressing the full cycle of owner and tenant needs: marketing, accounting, lease negotiation and tenant retention, along with building and land maintenance, construction and project management. And our commercial property management portfolio of 1.5 million square feet includes a number of special use properties – from a suburban school and a Chicago museum to a hangar at DuPage airport – and hospitality properties such as Hotel Arista, the only Forbes-recommended hotel in Illinois outside of Chicago, and several food and beverage establishments.
In Q3 2023, Calamos Real Estate will be launching RPM, a residential property management product providing fullcycle management services for single-family and small, multiunit settings.
CENTERPOINT
CenterPoint acquires, develops, redevelops, manages, leases and sells state-of-the-art warehouse, distribution and manufacturing facilities near major transportation nodes. Our experts focus on large rail, port and trucking infrastructure assets.
CenterPoint continuously reimagines what’s possible in order to provide our customers with a competitive edge and ensure their success. Our experts are empowered to navigate the complex on behalf of our brokers and tenants, through the
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Calamos Real estate is a subsidiary of Calamos Property Holdings LLC.
COMPANY PROFILES
creative use of proprietary technology, innovative financing techniques, advanced brownfield remediation techniques, public-private partnerships and other methods.
CLARK HILL
At Clark Hill, our value proposition is simple. We offer our clients an exceptional team, dedicated to the delivery of outstanding service. We recruit and develop talented individuals and empower them to contribute to our rich diversity of legal and industry experience. With locations spanning across the United States, Ireland, and Mexico, we work in agile, collaborative teams, partnering with our clients to help them reach and exceed their business goals. Our nearly 700 attorneys worldwide offer innovative, full-service legal and business solutions to our clients across a wide range of industries.
Partnership with the right commercial real estate counsel provides significant value at every step of a real estate transaction from the early planning stages through completion and operation. Clark Hill’s real estate team provides tailored services to each client so they achieve their goals. Clients rely on our team as they invest in, acquire, finance, develop, construct, operate, lease, and dispose of real estate assets. Services often include responsibility for site selection, deal structure, and negotiation. When needed, we also advocate for clients in real estate-related litigation including enforcement actions, bankruptcy, construction defect, homeowner association disputes, and more.
CRG
CRG is a privately owned North American real estate development and investment firm founded in 1993 with deep expertise in delivering and owning industrial, office, multifamily, student housing and mixed-use assets. The firm serves clients and investors from eight regional offices benefiting from local expertise in Chicago, St. Louis, Seattle, SoCal, Phoenix, Philadelphia and Atlanta. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.
FCL BUILDERS
FCL Builders has been a genuine industry leader in the design and construction of food production, cold storage, warehousing and manufacturing facilities. We distinguish ourselves through a cultural commitment to serving as an advocate for our customers.
We are a professional service provider focused on safety, quality and the best practices in construction. Deeper, still, is a commitment to service. We are proud of our work, and we want our customers to be proud of their new facility. When it
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COMPANY PROFILES
has to be right, owners choose FCL because of our personal commitment to customer satisfaction. Our past performance demonstrates our ability to deliver quality projects for a diverse clientele in locations throughout the country. FCL Builders is currently building, recently completed or soon starting projects in Illinois, Wisconsin, Indiana, Minnesota, Kentucky, Ohio, Missouri, Kansas, Alabama, Georgia, Tennessee, Mississippi, Florida, South Carolina, North Carolina, Maryland, Pennsylvania, Virginia, Connecticut, New Jersey, Delaware, Texas, Colorado, New Mexico, Arizona, Nevada and California.
FINISHING CHICAGO
PAINTING (Commercial, Industrial and High-End Residential), WALLCOVERING, DRYWALL FINISHING, GLASS SYSTEMS and SIGNAGE
Top GC’s and Property Managers rely on Finishing Chicago’s contractors for the latest techniques and professional results on Chicago’s most demanding high-profile projects: museums, stadiums, hospitality and iconic office suites.
We have the industry’s best trained finishing contractors in: Commercial and Industrial Painting, Wallcovering, Drywall Finishing, Glass Systems, Signage and Wood, Metal and Marble Finishing.
FinishingChicago.com is your FREE resource to the most safety-focused finishing contractors. We incentivize our contractors to continue safety and technical training throughout their careers like no one else!
Select your specific job needs at our website and receive an instant-match-list of pre-qualified, licensed and bonded contractors who work tirelessly until you’re completely satisfied.
THE INLAND REAL ESTATE GROUP OF COMPANIES, INC.
The Inland Real Estate Group of Companies, Inc. (“Inland”) is headquartered in Oak Brook, Illinois, and is one of the nation’s largest and most successful commercial real estate and finance groups.
Since the founding of its first entity in 1968, Inland specializes in creating and incubating member companies that sponsor real estate-related investment products, including limited partnerships, DSTs and 1031 exchanges, as well as non-listed and listed REITs. Additionally, other Inland entities provide professional real estate services for both third parties and Inland member companies, including acquisitions, brokerage, development, commercial lending, C-PACE financing, property tax and property management.
Combined, Inland entities have raised over $26 billion in capital, acquired over $55 billion in commercial real estate, conducted over $80 billion in commercial real estate transactions, sponsored over 784 investment programs, and have owned and managed hundreds of millions of square feet of commercial property and over 96,000 apartment units in 49 U.S. states.
Currently, Inland has over $13 billion in real estate assets under management and approximately 1,000 employees
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COMPANY PROFILES
nationwide. Inland is the proud recipient of numerous prestigious local and national awards, including the Chicago Association of REALTORS® Hall of Fame Award, the National Association of REALTORS® Good Neighbor Award and the Better Business Bureau’s Torch Award for Marketplace Ethics in 2007, 2009 and 2014.
To learn more, visit www.inlandgroup.com.
INTERRA REALTY
Founded in 2010, Interra Realty is a Chicago-based commercial real estate services firm that delivers integrated, tailored solutions through its boutique, client-focused approach and team of experienced professionals. Since its inception, the firm has closed thousands of multifamily transactions valued in excess of $2 billion. Interra’s clients range from private investors and high-net-worth individuals to large financial institutions, private equity groups and hedge funds. Interra brings hyperlocal, block-by-block knowledge to each transaction. Our experienced professionals are relentless advocates for clients and we have the expertise, local market knowledge and industry connections that get results. As true partners, we advocate for our clients’ longterm success. Our team of real estate experts can guide you through your next multifamily, commercial, land and development investment in the Chicagoland area.
NAI HIFFMAN
NAI Hiffman is one of the largest independent commercial real estate services firms in the midwest, with a primary focus on metropolitan Chicago, and part of the NAI Global network. We provide institutional and private leasing, property management, tenant representation, capital markets, project services, research, and marketing services for owners and occupiers of commercial real estate. To meet our client’s growing needs outside of our exclusive NAI Hiffman territory, we launched Hiffman National, our dedicated property solutions division.
Hiffman National is one of the US’s largest independent commercial real estate property management firms, providing institutional and private clients exceptional customized solutions for property management, construction management, project services, space planning, interior design, furniture procurement, BOMA calculations, property accounting, lease administration, marketing, and research. The firm’s comprehensive property management platform and attentive approach to service contribute to successful life-long relationships and client satisfaction.
As a nationally recognized Top Workplace, and long standing CRE award winner, NAI Hiffman and Hiffman National are headquartered in suburban Chicago, with more than 250 employees and six hub locations, and 25 satellite offices strategically located across North America. For all your commercial real estate needs, we’re with you every step of the way. Visit hiffman.com for more information.
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COMPANY PROFILES
Romulus Corporate Park Building C, Bristol Building 1, site improvements and two buildings in Third Coast Logistics Park, Bristol Building Park site improvements along with Bristol Buildings 4 and 8, two full-building TIs for Uline, Gateway Romeoville TI and various other TIs in Chicagoland.
PEAK CONSTRUCTION
Peak Construction Corporation is a privately held, wellcapitalized design-build firm, headquartered in Rosemont, IL. For 26 years, Peak has provided clients with award-winning projects spanning multiple market segments – industrial/ manufacturing, office, healthcare, hospitality, multi-family, construction management, land entitlement/development and specialty construction. With a network of alliances, Peak brings in experts and partners from a wide spectrum of fields and roles, subsequently establishing long-term relationships rooted in service. Ultimately, Peak helps clients navigate the big and small decisions that turn their businesses’ needs and goals into tangible results by providing measurable analytics and project solutions designed and constructed for maximum long-term value.
In early 2022, Peak Construction Corporation reached their 25-year corporate milestone anniversary and continued to prove itself as one of the premier design-build general contractors not only in the Chicagoland market, but also in Southeast Wisconsin, Ohio, Indiana, Missouri, Michigan, the New Jersey metro, Pennsylvania and Charleston, South Carolina markets. Peak’s hard work, dedication and clientcentric approach allowed them to surpass both previous revenue and operations growth records, all while navigating another year through post-pandemic supply chain and material shortage issues.
Peak’s 2022 sales revenue hit a record $553M. Peak has continued to grow sales, revenue, and their overall organization year over year. Peak constructed 10M square feet of projects nationally with approximately 6M square feet in the Midwest, including such projects as DuPage Business Center Phase II with additional TI, Elgin Distribution Center, Strongsville Commerce Center with additional TI,
Peak’s continued success was due in part to their creative and forward-thinking strategies regarding the continued material shortages and cost escalations impacting construction across the board. Peak worked with subcontractor partners to understand and facilitate timelines, sourced available alternative materials and equipment, and collaborated with developers to mitigate potential delays, providing thorough and transparent communication along the way. This approach delivered projects on time and under/or within budgets.
Peak not only exceeded goals in sales and revenue, but also with schedules, safety, equality and diversity, profit, owner satisfaction, philanthropy and employee enrichment as a result of the diligence and perseverance of their 65 national professional employees committed to Peak’s collaborative culture and “Do the Right Thing” mantra which differentiates their services from industry competitors.
RYAN
At Ryan, we believe in the value of the buildings we design, develop, manage and construct. Not just for their dollar value, but the value they bring to the people who use them and the communities that surround them. For more than 80 years, this belief has driven us to take a holistic approach to every project, focusing first on the “why” behind a client’s needs so we can achieve a better outcome in the end.
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COMPANY PROFILES
Three generations of Ryans have led our business, carrying on the principles we were built upon—integrity, honesty, civic pride and a sincere regard for people—while honing our skills and capabilities to stay ahead of today’s fast-paced world. We specialize in development, architecture & engineering, construction, real estate management and capital markets, collaborating at every step of the process to streamline operations and applying our experience to gain important insights into client needs. And because we plan, design, build, own and sell buildings, we have a profound understanding of the intricate balance between beauty, function and cost.
We operate across the country with offices that represent much of the United States. With localized service, we have well-established connections within the community and relationships with the best trades and suppliers, plus we understand the particular rules and regulations within each area. But most importantly, because your community is our community, too, we are passionate about finding the right solutions.
We know that a commercial real estate project is a long-lasting endeavor, both for our clients and the communities in which they operate. Being a part of this work is not something we take lightly. It is our responsibility to go beyond simply fulfilling a request. We bring our expertise and passion to create buildings that will add value to the people who encounter them, from clients to building patrons to the community. Project size is not what matters to us. What does matter is finding effective, timely solutions that are as successful today as they are in the future.
As a national leader in commercial real estate, we know that our clients are as unique as their projects. That’s why, day after day, we’re driven to uncover their stories. To be inspired by what inspires them. To bring the right people to the table
so we can collaborate on a deeper, more engaging level. Together, we build something far more profound than the physical presence of a building. We build the backdrops to life’s stories.
SVN
THE SVN® ORGANIZATION is comprised of 2,000+ commercial real estate Advisors and staff. SVN® has more offices in the U.S. than any other CRE firm, with continuing expansion across the globe. We believe in the power of COLLECTIVE STRENGTH to accelerate growth in commercial real estate. Our global coverage and amplified outreach to traditional, cross-market, and emerging buyers and tenants allow us to drive outsized success for our clients, our colleagues, and our communities. Our unique and progressive business model is built on the power of collaboration and transparency, and supported by an open and inclusive culture. We proactively promote properties and share fees with the entire industry, allowing us to build lasting connections, create superior wealth for our clients, and prosper together.
SVN® is a full-service commercial real estate franchisor of the SVN® brand and is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. With
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COMPANY PROFILES
nearly 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. SVN Advisors also represent clients in auction services, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, self-storage and single-tenant investments. All SVN® offices are independently owned and operated.
TUCKPOINTERS
Administrative District Council 1 of Illinois of the International Union of Bricklayers and Allied Craftworkers was formed in January of 2009 when Illinois BAC Locals 20, 21, 56, and 74 were merged to form the District Council. We represent approximately 6,400 Union trowel trades members in the Chicagoland area, including Bricklayers, Pointer - CleanerCaulker, Tile Layers and Tile Finishers, Marble Masons and Marble Finishers, Terrazzo Mechanics and Terrazzo Finishers, Plasterers, Precast Workers, Welders, Mosaic Workers and Foam Insulators. Our jurisdiction is the following 9 counties in northeast Illinois: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will.
Our Services include restoration, replacement and repair of
Terracotta, Limestone & ALL masonry units, buildings and structures, pointing, cleaning & caulking, lintel replacement.
The Bricklayers and Allied Craftworkers ADC1 provides the best trained workforce in the country with professionals having the “Best Hands in The Business” while safety is top priority.
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