Michael Havdala, senior vice president with the Retail Services Division, was recognized as a 2011 Power Broker by the CoStar Group. The CoStar Power Brokers Awards are given annually to the most active dealmakers in a geographic market that demonstrate elite levels of real estate transaction volume.

In 2011, Havdala completed numerous real estate deals throughout the Midwest on behalf of clients including Darden Restaurants, PNC Bank, The University of Chicago, Blue Vista Capital Management, and Accelerated Rehabilitation Centers.

“I am truly grateful to all of my clients that helped make 2011 such a successful year,” said Michael Havdala. “I look forward to continuing to serve them and to contributing to their success in the years to come.”

Mr. Havdala is retail real estate veteran that has represented the following national retail tenants in multiple transactions: National City Bank (now PNC Bank), T.G.I. Friday’s, Darden (Olive Garden, Red Lobster, Longhorn, and Seasons 52), Golden Corral, Yum Brands, Denny’s, SuperValu, UPS Store, Charter One, GNC, Public Storage, Eddie Bauer, LA Boxing, and Accelerated Rehabilitation Centers. Michael has also represented the following developers / owners in multiple transactions: SuperValu, PNC Bank, The University of Chicago, Burger King, IBT Group, Sedes Corp., T.G.I. Friday’s, Darden, Location Finders International, and National Shopping Plazas.

CoStar Group (Nasdaq: CSGP) is commercial real estate’s leading provider of information and analytic services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information.