May 2014                                                                  







Krusinski Construction Company is a design/build general contractor and professional manager of construction services.

 The 41 year-old Company is experienced in a wide range of construction projects including manufacturing, distribution, corporate office, healthcare, hospitality and mission critical. 


What differentiates us in the marketplace is our award-winning team of professionals.  Our combined experience exceeds more than 500 years in the construction industry! 


Krusinski Construction recently completed the high-end commercial tile showroom for Virginia Tile at 161 W. Kinzie in Chicago (pictured). The space was awarded the 2014 Retail Store of the Year, showroom category from Chain Store Age.


Associated Bank Logo
Associated Bank Logo


Associated Banc-Corp (NASDAQ: ASBC), with total assets of $25 billion, is one of the top 50 financial services holding companies operating in the United States. The Commercial Real Estate Division is committed to providing clients with high quality, professional real estate financing. Construction and term loan services include origination, underwriting, closing and servicing of owner-occupied businesses. Associated is actively lending on industrial properties to both users and investors and also has an SBA lending program. Associated welcomes lending inquiries on all types of industrial properties, including high-velocity distribution warehouses, manufacturing buildings, air cargo facilities and crane buildings.


The Commercial Real Estate Group has offices in Chicago, St. Louis, Minneapolis, Madison, Green Bay, Milwaukee, Indianapolis, Cincinnati and suburban Detroit. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at







KTR Capital Partners ("KTR") acquired 1660 Wall Street, a 108,732 square foot, Class "A" facility located in Mount Prospect, Illinois, within the O'Hare submarket of Chicago. The high-image asset is well-located on the West side of the O'Hare Airport at the primary interchange of I-90 at Elmhurst Road in a corporate park setting. Featuring 30' clear height, 19 loading docks, 168 parking spaces, 130' truck courts as well as ESFR, the building divides down to 20,000 square foot tenant sizes. 


KTR is a real estate investment, development and operating company focused exclusively on the industrial property sector. KTR manages a series of discretionary value-add investment funds that target a wide range of investment opportunities throughout major markets in North America. KTR funds currently provide nearly $7.0 billion of investment capacity and own a portfolio of approximately 60 million square feet across North America and 10 million square feet in Chicago. 





Dear Members:

For those of you who didn't attend the Spring Conference in Vegas, it was outstanding. The attendance was 600+, and a great time was had by all!  The sessions were both educational and informative.  The topics included: Tenant Rep; Land Acquisition; Investment Trends and Opportunities; Digital Media and Communications; Investment Property Marketplace; Industrial Real Estate Recycling: New Approaches for Creating Opportunities on Contaminated Sites; U.S Industrial Land Development: Where the Deals Are; and, SIOR Global Session: Doing Business Internationally with SIORs.  


This Tuesday, SIOR is sponsoring a joint meeting with AIRE featuring gubernatorial candidate Bruce Rauner as the speaker.  The event is sold out.
No walk ins allowed!!!.

The SIOR Trunk Scholarship fund-raising has commenced, and you have already received the information for making a donation.  We appreciate your consideration, and please let me know if you have any questions about the Ada S. McKinley Trunk Scholarship Program.


The 2014 golf outing will be held on Thursday, July 24th at Cantigny, and it is always one of the best golf outings of the season! Hole sponsorships and registration information will be out the beginning of June. 


The five states in the midwest region (IL, WI, MI, IN, OH/KY) are planning a First Annual Midwest Regional event in Grand Rapids, MI.  It will begin at Noon on Thursday, 9/25 and end on Friday, 9/26 at 11:30 a.m.  The conference will feature brewery tours, the Grand Rapids Art Prize venue, great networking, and a comprehensive update on each of the markets in the region.


It's almost time to put on your cowboy boots and head to SIOR's Fall Conference in Nashville, TN!

The dates are 10/23-25. Nashville is the heart and soul of country music with plenty of amazing attractions and restaurants.  It's less than an hour by plane from both airports, and guaranteed to be a fun time you don't want to miss!


A special Thank You to all of our Platinum Sponsors for their generous support of the SIOR Chicago chapter membership! 


Looking forward to seeing you on Tuesday, and have a happy and safe Memorial Day weekend!


Best regards,





Elise A. Couston, SIOR

Paine/Wetzel TCN Worldwide


Tuesday, May 27th

Event sold out!  


Rosewood Restaurant | Rosemont, IL

11:00am Registration - 12:00pm Lunch
Bruce Rauner, Illinois candidate for Governor

Thursday, July 24th 
Annual Golf Outing
Cantigny Golf
Wheaton, IL
Watch for hole sponsorships and registratioin forms soon! 

SIOR Midwest Regional Seminar
Grand Rapids, MI
September 25 - 26





Geoffrey Kasselman, SIOR, LEED AP, Executive Managing Director of Newmark Grubb Knight Frank in Chicago, IL, was recently elected Vice President of the Society of Industrial and Office Realtors® (SIOR).  The election took place during the SIOR Spring World Conference in Las Vegas, NV in late April.  Kasselman will be installed as Vice President during the SIOR Fall World Conference in Nashville this October.  After serving a one-year term as Vice President, he will rise to President-Elect for one year, and then will become President of SIOR in the fall of 2016.



"It is an exciting opportunity to be elected by my peers to join SIOR's ultimate leadership team.  I look forward to pursuing an array of important initiatives and working closely with SIOR's executive committee and Board of Directors," said Kasselman.


Kasselman is the first "LEED AP" accredited professional in the history of SIOR to hold these positions. He plans to help lead SIOR's sustainability efforts during his leadership tenure.








David Liebman, SIOR, JD, LEED Green Associate, Managing Broker at Merit Partners, LLC, in Chicago, IL, was recently elected to begin a two-year term as the Council of Chapter Presidents Speaker-Elect for the SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® (SIOR) Board of Directors. The induction will take place during the SIOR Fall World Conference in Nashville, TN, in late October.  


"I'm honored by this election as SIOR's Council of Chapter Presidents Speaker-Elect. I look forward to passionately pursuing initatives to raise all SIOR Chapters' membership, values and benefits, the core purpose of our Council of Presidents, as well as working with the Executive Committee and the Board of Directors," said Liebman.  

Steve Podolsky, SIOR Receives Award at SIOR Spring Conference


Steve Podolsky, SIOR of Podolsky|Circle CORFAC International received national recognition with a "Member-to-Member Transaction Award For the Largest Dollar Volume for a Transaction with an Associate Member" at the recent SIOR Spring Conference in Las Vegas.  


2014 Trunk Scholarship Campaign is Underway!


Please help achieve the SIOR Chicago Chapter's 2014 of underwriting 20 Trunk Scholarships to support the needs of first-year, inner-city college students who will embark on the start of their college education in the Fall term.  This valuable program, sponsored by the Ada S. McKinley Community Services organization, provides a "trunk" of college room necessities to outfit a college student for what is likely their first experience living away from home.  Without our support, these students and families would not be able to provide this essential platform to start college life on equal footing with their peers.    


We've been reaching out to membership over the past month and now we're in the home stretch - striving to meet our 2014 goal of underwriting 20 Trunk Scholarships.  Each year, our support has grown beginning with our initial campaign in 2011 that resulted in the donation of 5 Trunks; a huge jump to 15 Trunks in 2012 followed by 16 Trunks in 2013. 


Please consider your corporate and/or personal donations to help support SIOR Chicago Chapter in this charitable endeavor.   Kindly submit your Pledge Form by Friday, May 30, 2014 for a Full Trunk Scholarship at $500 or a partial contribution to help achieve our goals.  Payments can be submitted up to June 15th.   


To all who have supported us this year and in the past, we thank you for your generosity and for recognizing that SIOR members contribute more than just professional business expertise - our members impact the educational opportunities that bring forward successful members of our future society. 


Watch your Inbox for more detailed updates, Pledge Forms and the status of the achievement of our 2014 goals.



Elise Couston, SIOR
Roy Splansky, SIOR
Vice President
Larry Johnson, SIOR
Adam Roth, SIOR, CCIM
Dan Smolensky, SIOR
Director at Large
David Liebman, SIOR
Past President
Joanne Works
Executive Director

SIOR Chicago Chapter | | |
214 N. Hale Street
Wheaton, IL 60187

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