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NAIOP 2012 Award Winners

The winners of NAIOP Chicago’s 2012 Awards for Excellence were announced last night in Chicago. The awards recognize outstanding achievement in industrial and office real estate in the Chicago area. NAI Hiffman's Dan Leahy and Adam Roth were awarded Industrial Broker Transaction of the Year for The Home Depot Distribution Center at CenterPoint Intermodal Center in Joliet.

Transaction Value: $86,000,000

Square Footage: 1,618,048 SF

In May 2012, Home Depot signed a lease for 1.6 million s.f. at CenterPoint Intermodal Center, making it their second distribution center at the intermodal development in Joliet, Will County, IL. This build-to-suit facility will serve as Home Depot's Stocking Distribution Center (SDC) and, upon completion in June 2013, will be the largest building ever constructed in Joliet, IL. Home Depot has chosen this site due to the transportation savings and proximity to intermodal operations.

Developer: CenterPoint Properties; Architect: MacGregor and Associates Architects; General Contractor: FCL Builders.

The 2012 winners are:

2012 Award for Excellence Honoree Ann & Robert H. Lurie Children’s Hospital of Chicago

Office Redevelopment of the Year Sara Lee Corporation & Hillshire Brands Headquarters, 400 S. Jefferson St., Chicago Developer: Sterling Bay Companies

Industrial Development of the Year The Home Depot Stocking Distribution Center, 2550 CenterPoint Way, Joliet Developer: CenterPoint Properties

Industrial Redevelopment of the Year Prologis Internationale Distribution Centre #10, 2401 Internationale Parkway, Woodridge Developer: Prologis, Inc.

Innovative Deal of the Year Chicago Naperville Marriott Hotel, 1801 N. Naper Boulevard, Naperville Developer: Janko Group

Broker Transaction of the Year – Downtown Office Sara Lee Corporation & Hillshire Brands Headquarters at 400 S. Jefferson, Chicago Tenant/Buyer Brokers: Bob Chodos, Steve Levitas, Colliers International Landlord/Seller Brokers: Christopher Cassata, Chloe Reaumond, CBRE, Inc.

Broker Transaction of the Year – Suburban Office ACCO Brands at Kemper Lakes Business Center, Long Grove Tenant/Buyer Broker: Lou Hall, Cushman & Wakefield Landlord/Seller Brokers: David Florent, Steven Kling, Francis Prock, Colliers International

Broker Transaction of the Year – Industrial The Home Depot Stocking Distribution Center at CenterPoint Intermodal Center, 2550 CenterPoint Way, Joliet Tenant/Buyer Brokers: Jeffrey Kahan (posthumously), Steven Kohn, Colliers International Landlord/Seller Brokers: Daniel Leahy, Adam Roth, NAI Hiffman

Broker Transaction of the Year – Office Investment Chicago Board of Trade Complex, 141 W. Jackson Boulevard, Chicago Brokers: Nooshin Felsenthal, Bruce Miller, Jim Postweiler, Jones Lang LaSalle

Broker Transaction of the Year – Industrial Investment  Panattoni Chicago Portfolio, Romeoville/Bolingbrook Brokers: Jeffrey Devine, Steven Disse, Jeffrey Kahan (posthumously), Colliers International Architectural/Engineering Firm of the Year Ware Malcomb

General Contractor of the Year Peak Construction Corporation

Developer of the Year CenterPoint Properties

Sources: REJournals, NAIOP

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