IDI Brings Home Multiple TIAA CREF Awards

Company Recognized for Excellence in Property Management, Two Properties Receive Four Diamond Award

ATLANTA, May 16, 2014 – Industrial Developments International (IDI), a leading full-service industrial real estate company, announced today two of its properties were awarded the prestigious Four Diamond Award for excellence in property management performance as a service provider. Additionally, IDI received the Consistent Property Management Excellence Award and the IDI Services Group received the Property Management Excellence Award.

The two properties that received the Four Diamond Award are:
•    Weston Business Center in Weston, FL
•    Pinnacle Industrial Center in Dallas, TX

The award ceremony was held on May 13 at the Newport Beach Balboa Bay Resort in California. The Four Diamond Award recognizes the highest level of consistent performance throughout the national TIAA-CREF properties during 2013. The Award implements a sophisticated methodology and scorecard developed by TIAA-CREF in collaboration with its property management service providers to measure performance across their portfolio. Properties are graded on a quarterly basis across a number of metrics that include financial, accounting and operational aspects of property management. The purpose of the initiative is to increase property performance, while standardizing property management best practices throughout TIAA-CREF’s portfolio.

Tony Moonen, Vice President, Real Estate Management for IDI’s Florida Market Office accepted the awards on behalf of Kelli Delozier, Vice President, Real Estate Management for IDI’s Dallas Market Office and the company.

About IDI
With nearly 7 million square feet currently under development, IDI is one of the leading full-service real estate companies in North America focused exclusively on industrial property. The company, headquartered in Atlanta, Georgia, provides development, investments, property management and leasing services to corporations, property owners, investors, financial institutions and real estate service providers. IDI has ownership or interests in 49 million square feet of investment grade assets, with $2 billion in company-owned and joint venture assets.

Since the company’s founding in 1989, IDI has built a reputation for delivering superior quality properties and service. To date, IDI has developed and acquired 177 million square feet of industrial space and completed more than 700 industrial facilities in the U.S., Canada and Mexico.