It’s award season, in the entertainment industry as well as in commercial real estate.
While it didn’t have the same celebrity panache as the Academy Awards or the Golden Globes, Newmark Grubb Knight Frank recently gave out its annual broker awards for 2012.
According to John Coleman who leads the Rosemont office and industrial practice group for the firm, just about everyone in industrial real estate made money in 2012. Newmark Grubb Knight Frank saw its industrial revenues rise by 30 percent last year, bolstered by blockbuster deals and production by its newer, younger brokers.
Broker of the Year honors went to David Friedland who was named the firm’s top producer. Jeff Locascio orchestrated one of the largest deals in the Chicago metropolitan area in representing M. Block in a lease for 915,000 square feet along I-80. Other awards included Tom Boyle who was named Game Changer (he secured three high-profile BTS assignments and further penetrated the Lake County market). Second-year player Joe Karmin is Newmark Grubb’s Rising Star for his accomplishments in Du Page and along I-88. Each year the firm also gives the Scott Nelson Character Award to honor a former principal who died tragically a decade ago. The winner for 2012 was Jeff Locascio.
