For the fifth time in six years and for the fourth year in a row, Steven H. Podolsky, SIOR, a principal with Podolsky|Circle CORFAC International, has been recognized for the largest intermarket cooperative industrial transaction by size within the CORFAC International network.
In this same time span, Podolsky also won CORFAC’s largest intermarket land transaction award by both size and transaction value and SIOR’s largest cooperative investment transaction award.
The industrial awards were completed on behalf of Podolsky’s longtime client XPO Logistics, a North Carolina based third party logistics company, and ranged from 400,000 square-feet to 500,000 square feet in Memphis, Tenn. and Olive Branch, Mississippi. Treat Macdonald, SIOR, CCIM, a principal with Crump Commercial, LLC CORFAC International in Memphis Tennessee represented XPO’s local interest in all five transactions.
The 2013 land transaction was the acquisition of a 104-acre site by Chicago-based McMaster-Carr Supply Company. Assisting Mr. Podolsky in the transaction were Al McConkey and Sim Doughtie, SIOR of King Industrial CORFAC International, Atlanta, Georgia. The investment transaction was a one million square foot, $51 million portfolio acquisition by Boston-based STAG Industrial, Inc. in Belvidere, Illinois. Podolsky worked on this transaction with John Folvig and Shane Van Sickle, SIOR of Landmark Development.
In the last 12 months he has also received two additional significant awards in and outside of the Chicago real estate community.
In December 2015, the Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) presented the Richard G. Levy Presidents’ Award to Mr. Podolsky. The award is presented annually by SIOR’s Chicago Chapter Executive Board to a member they feel exemplifies outstanding achievements both in and out of the commercial real estate industry.
The award’s namesake, Richard G. Levy, was a highly-revered leader within the real estate community who typified the elements of professionalism, business acumen and strong personal and business ethics that represent the goals of each Chicago Chapter SIOR member.
Receiving the award was especially meaningful to Podolsky as the two worked alongside each other for 32 years. They were not only partners in the firm the last 13 years but also very close friends.
Finally, Podolsky characterizes as his greatest recognition and accomplishment outside of the industry is the time he was the special Honoree at the Jewish Council for Youth Services’ annual Gala in May 2015, acknowledging his 40 years of involvement there, first as a board member for seven years, and for the next 33 years as an active alum.
