CHICAGO - Roy L. Splansky, SIOR and Mark B. Goode, SIOR, CCIM, both Principals of Lincolnshire, IL-based Venture One Real Estate, LLC, won the award for completing the largest dollar-volume transaction in investment sale of 2011 between broker members of the Society of Industrial and Office Realtors* (SIOR). The award was presented by SIOR's National President, David Zimmer, SIOR, at the society's 2011 Spring Convention in Scottsdale, AZ.
More than 400 SIORs reported Cooperative Transactions in 2010, with a total dollar volume in excess of $1,217,952,000 for all reported transactions. That sum is just a fraction of the total business done by SIOR members around the world. Seventeen cooperating SIOR members were honored individually for their accomplishments in the following eight different cooperative transactions award categories: Largest Dollar Volume Transaction (Industrial, International, Investment, Office, Other (Land/Retail/Flex), Associate and Rookie of the Year) and Largest Number of Transactions. Venture One Real Estate principals have won the SIOR award for the largest investment transaction nine times since 1994 which included over 19 million square feet of real estate totaling over $870 million of transaction value.
This year's award was presented to Splansky, Goode and cooperating SIOR member John DeGrinis, Executive Vice President of Colliers International's Encino office. The brokerage team represented St. Louis based Clayco in the disposition of a 351,723 SF building in the Tejon Industrial Complex north of Los Angeles, CA which Clayco developed and leased to the Brown Shoe Company. Splansky and Goode represented Clayco in the 801,711 SF building sale Clayco developed and leased for Payless near Dayton, OH. The total transaction value of the two building portfolio was $68,773,000.
Venture One Real Estate, LLC, is a Chicago-based national commercial real estate company that acquires, develops, leases, and manages industrial and office properties on its own behalf and on behalf of investment partners. Venture One also provides real estate advisory services to buyers and sellers of investment properties and portfolios on a national basis.
SIOR is a global professional organization that certifies commercial real estate service providers with the exclusive SIOR designation, based on achievement, knowledge, accountability and ethical standards. Only the industry's top professionals qualify for SIOR. Today, there are more than 3,000 member designees in 580 cities in 28 countries. For more information, visit www.sior.com