CHICAGO—After posting year-over-year revenue growth of 6%, SVN | Chicago Commercial was named the second-highest-grossing office in the SVN network for 2015 at its recent national conference in San Diego. In addition, the average size of the firm's transactions grew by 21% in 2015. This marks the third consecutive year that the network has ranked the Chicago office in the top three among its 200 international franchises. Last year, after posting revenue growth of more than 40%, the office was named the network's top producer. "We are thrilled to again be recognized as a top-producing office within the SVN network," says Michael Thanasouras , managing director at SVN | Chicago Commercial. "We take pride in fostering an environment that encourages individual and collective success, and this award is a testament to the tireless efforts of the talented professionals who comprise our entrepreneurial team." Contributing to strong performance in 2015 were a rising number of middle-market transactions, particularly in secondary and tertiary markets across the country where prices have been slower to appreciate, fueling investment activity. In addition to transactions throughout the Chicago area, the firm executed deals in cities like Denver, St. Louis, Cincinnati, Omaha, Phoenix and Miami. "Across all markets, we are seeing an uptick in deals between $2 million and $10 million, with most Chicago-area activity focused on the multifamily sector," adds Thanasouras. "We're also seeing some growth in office and industrial – including velocity in the suburbs – as well as the return of land deals in the city as transit-oriented developments heat up." In the past few years, the firm has both expanded into new geographic markets and added new services. Last year, for example, the Chicago office partnered with two existing SVN franchises in Denver and Fort Collins to form SVN | Denver Commercial . This followed the earlier launches of an auction platform, property management division and restaurant business/real estate brokerage group. CHICAGO—After posting year-over-year revenue growth of 6%, SVN | Chicago Commercial was named the second-highest-grossing office in the SVN network for 2015 at its recent national conference in San Diego. In addition, the average size of the firm's transactions grew by 21% in 2015. This marks the third consecutive year that the network has ranked the Chicago office in the top three among its 200 international franchises. Last year, after posting revenue growth of more than 40%, the office was named the network's top producer. "We are thrilled to again be recognized as a top-producing office within the SVN network," says Michael Thanasouras , managing director at SVN | Chicago Commercial. "We take pride in fostering an environment that encourages individual and collective success, and this award is a testament to the tireless efforts of the talented professionals who comprise our entrepreneurial team." Contributing to strong performance in 2015 were a rising number of middle-market transactions, particularly in secondary and tertiary markets across the country where prices have been slower to appreciate, fueling investment activity. In addition to transactions throughout the Chicago area, the firm executed deals in cities like Denver, St. Louis, Cincinnati, Omaha, Phoenix and Miami. "Across all markets, we are seeing an uptick in deals between $2 million and $10 million, with most Chicago-area activity focused on the multifamily sector," adds Thanasouras. "We're also seeing some growth in office and industrial – including velocity in the suburbs – as well as the return of land deals in the city as transit-oriented developments heat up." In the past few years, the firm has both expanded into new geographic markets and added new services. Last year, for example, the Chicago office partnered with two existing SVN franchises in Denver and Fort Collins to form SVN | Denver Commercial . This followed the earlier launches of an auction platform, property management division and restaurant business/real estate brokerage group.

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SVN | Chicago Gets Top Ranking for 2015

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