IDI, a full-service industrial real estate company, had its strongest year in 2013 since 2000.
The year saw IDI close more than 15 million total square feet in leases, a portfolio increase from 84 to 187 buildings, 6.6 million square feet in development starts and seven buildings receiving LEED certification. The news comes on the heels of IDI’s acquisition by Brookfield Property Partners and merger with Verde Realty.
“The success of 2013 is truly a testament to the hard work of our team members,” said Tim Gunter, IDI’s president and chief executive officer. “While last year was historic, I am excited about what our future has in store. Our new ownership provides us the opportunity to further expand our presence, while strengthening our asset base and balance sheet.”
