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NAIOP Award winners announced

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

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

The complete list of winners:

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

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

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

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

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

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

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

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

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

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

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

Architectural Firm of the Year IA Interior Architects

General Contractor of the Year McShane Construction Company

Industrial Developer of the Year CenterPoint Properties

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

From: REJournals.com

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NAI Hiffman leases 341k s.f. industrial facility