The Society of Industrial and Office Realtors has released its list of top transactions completed by its members. Jim Kerrigan, Managing Principal of North American Data Centers in Chicago, was recognized as the number-one industrial and industrial investment transaction for a $278 million portfolio transaction in Northern Virginia.

In 2023, Kerrigan completed a portfolio of five complicated single-tenant net-lease transactions in power-based buildings that involved a Fortune 50 firm. The building sizes averaged more than 200,000 square feet and totaled 1.1 million square feet of building area in power base shells.

Kerrigan has focused exclusively on helping companies solve their data center challenges for more than 25 years. He provides a comprehensive suite of services that encompass his clients’ operational and financial needs with the goal of improving the overall economics of each transaction.

Over the past five years, Kerrigan has represented buyers and sellers in transactions totaling more than 4 million square feet of data center space and sales of more than $1.2 BN NNN single tenant properties. His position as a specialist and trusted advisor within the cloud-based, data center space is further demonstrated by being recognized by SIOR as completing the largest dollar volume transaction in the Industrial and investment sectors in 2016 and 2019. In 2022 he was the runner up in both those categories. He believes that success is unprecedented.