This year marks the 25th anniversary of the presentation of the first Frank Mahoney Award of Excellence by the Association of Industrial Real Estate Brokers (AIRE). The award will be presented at AIRE’s October regular monthly membership luncheon at Café la Cave in Rosemont, Illinois.
The Frank Mahoney Award recognizes outstanding leadership, community service and real estate brokerage success among young industrial real estate professionals—those with five to seven years of experience. The award was established as an annual award to recognize a young industrial real estate professional who embodies the character traits displayed by Frank Mahoney.
The award recognizes the positive impact s/he has had in the industry and the community in seven years or less in the industry. The winner is a respected and productive member of the real estate community, and truly embodies for the pillars AIRE stands for, including collaboration, community and conducting business in a manner that is above reproach. The award considers transaction volume, but has been rededicated to focus on giving back to the community, supporting the industry and serving the needs of clients.
Of the previous Frank Mahoney Award winners, three currently serve on AIRE’s Board of Directors, two are past presidents and many are regularly named as finalists or winners in various annual industrial broker of the year and related awards sponsored by the National Association of Industrial and Office Parks and the Greater Chicago Food Depository CRE Awards.
Frank Mahoney began his industrial real estate career in the early 1970’s after serving as a clergyman in South America. He started his career with Van Vlissingen & Company before ultimately beginning his own firm, Frank Mahoney & Associates, in the early 1980s. Throughout his career, until his death in the late 1980s, Mahoney was an active member of the Association of Industrial Real Estate Brokers serving as a member, committee chairman, director and an officer of the organization.
He added that to commemorate the 25th anniversary of the presentation of the first Frank Mahoney Award of Excellence the association plans an awareness campaign that will provide a regular “where are they now and what have they been doing” look at past award winners leading up to this year’s presentation in October.
