CRE N Illinois

Bob Chodos: Making a big impact on Midwest's commercial real estate industry

How much of an impact has Bob Chodos had on the Midwest commercial real estate industry? One number spells it out: 13 million.

[caption id="attachment_10296" align="alignleft" width="224" caption="Bob Chodos"] Bob Chodos Principal Colliers International Chicago

How much of an impact has Bob Chodos had on the Midwest commercial real estate industry? One number spells it out: 13 million.

As in, during his 30-year career, Chodos has completed tenant representation assignments totaling more than 13 million square feet. And if that number isn't impressive enough, consider this one: 7 billion. Those career transactions have been valued in excess of $7 billion.

It's little wonder, then, that Chodos, principal with the Chicago office of Colliers International, is considered such a valuable member of the area's commercial real estate profession by both his peers and his loyal clients.

A quick look at Chodos' career spells out just how significant his deals have been. Chodos, for instance, once closed a 411,000-square-foot lease for Jenner & Block LP, a 400,000-square-foot headquarters relocation for Sara Lee Corporation and a 217,000-square-foot lease restructure for Schiff Hardin.

Thanks in part to these big deals, Chodos has been an Office Broker of the Year nine  times at the Chicago Commercial Real Estate Awards event. He was also the 2005 winner of the NAIOP Suburban Office Transaction of the Year award, an honor he won thanks to his big Sara Lee headquarters relocation deal.

Chodos' peers point to his tenacious negotiation style and market knowledge as two reasons for his success. They also credit his devotion to his clients; Chodos isn't satisfied until he's landed the best deal terms for his clients.

Outside of his career, Chodos hasn't hesitated to support his community. He is a member of the board of directors and executive committee for Junior Achievement of Chicago. He also sits on the board of directors for the Chicago Central Area Committee and The American Red Cross.

Chodos supports his industry, too. He is a member of Colliers' Executive Committee and a member of both SIOR and COLBA, the Chicago Office Leasing Brokers Association. He's active, too, with the Executives Club of Chicago and the Economic Club of Chicago.