john greene Real Estate’s “Transformational” Hyundai Translead Project named Broker Industrial Transaction of the Year

john greene Real Estate has won the Commercial Real Estate Development Association (CREDA) Award of Excellence Broker Transaction of the Year – Industrial for their representation of Hyundai Translead in two Will County manufacturing leases. Shamus Conneely, Senior Vice President, Commercial and Cory Ramey, Vice President, Industrial for john greene were the tenant brokers. Awards are chosen by a jury of CREDA members and emeritus board members. The Hyundai Translead project has been called ‘transformational’ for Will County by community leaders and Governor JB Pritzker.

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Over the nearly four-year site selection process, Hyundai Translead’s requirement grew from less than 100,000 S.F. to over 2.2 million S.F., requiring the team to continually adapt its strategy – from existing facilities to ground-up build-to-suit options and ultimately a two-building solution at 2200 Channahon Drive and 3835 Youngs Road in Joliet.

“I think the reason we were successful is due to the relationships we forge. We value clearly understanding our client’s needs and being flexible as those needs evolve, “ said Conneely. “We had a strong rapport with Sean Kenney, CEO of Hyndaia Translead. It was his vision that defined the scope of the project over time. Thanks to our relationship with the Will County Center for Economic Development, we were able to provide data showing that Joliet is a vital intermodal hub with a strong workforce near the largest inland port in the country,” Conneely said.

“john greene has always been a creative, entrepreneurial enterprise, and that background helps us scale by collaborating with a wide range of professional colleagues and economic development officials. We might have surprised some people in the market, but we don’t surprise ourselves.”

 

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Last month, Governor JB Pritzker and Hyundai Translead announced an expanded $600 million manufacturing investment in Will County, Illinois, creating 3,750 new full-time jobs. A subsidiary of Hyundai Motor Company, Hyundai Translead, manufactures transportation equipment, including dry and refrigerated van trailers, flatbeds, truck bodies, and dollies. The company’s new facilities in Illinois will focus on expanding its manufacturing footprint.