Following a 15-year career of leading both design/build construction projects and managing the development operations in Milwaukee and Chicago for Rauenhorst (now Opus), Jim McShane establishes his initial company in July 1984, McShane Construction Corp., a design/build construction firm headquartered in suburban Chicago, Illinois.
McShane Construction Corp. is awarded its first project – a large build-to-suit food processing plant – for Mullins Food Products in Broadview, Illinois.
Jim McShane forms McShane Corporation, the firm’s real estate development company with an initial focus on industrial and office properties.
The boom times of the late 1980’s comes to a close as the commercial real estate market abruptly crashes. The country’s Savings & Loan (S&L) crisis begins with the collapse of 747 out of the country’s 3,234 S&Ls. The Resolution Trust Corporation (RTC) is formed and charged with liquidating assets that are declared insolvent as a consequence of the S&L crisis.
Following a pivotal strategic planning session to develop the operational and growth plans for the firm, Jim McShane selects Texas as the ‘new frontier’ and begins acquiring failed properties in 1993 within the Austin, Texas, through the RTC.
Determining that growth comes not only from market diversity, but from geographical expansion, Jim McShane embarks on a quest to purchase a construction company with headquarters in Texas, one of the nation’s anticipated growth areas for the future.
After a lengthy search process, Jim McShane acquires the assets of The Cadence Group, headquartered in Dallas with offices in Houston and Austin, thereby establishing Cadence McShane Construction Corporation.
In partnership with two other investment entities, McShane Corporation wins the prestigious “Industrial Development of the Year” award from the NAIOP Chicago Chapter for Enterprise Point of Lake Bluff, a 256,000 square foot multi-tenant industrial speculative development.
Jim McShane begins the new millennium by establishing a McShane southwestern regional office in Phoenix, Arizona.
McShane Development Company and MetLife Real Estate Investors announce an industrial development alliance that would acquire land, develop industrial properties and sell the value-added investments on a national basis.
The Chicago Chapter of NAIOP presents Jim McShane with its most prestigious award – the Award of Excellence – recognizing his growing achievements within the development and construction industries.
The McShane Companies establishes a western regional office in southern California to provide development and construction services within this booming industrial region.
Looking to expand into the growing southeastern market, Jim McShane forms a new regional office in Auburn, Alabama, aptly positioned to provide comprehensive construction services within this highly-populated and growing Sunbelt region.
McShane Development Company, in association with Helmholdt Real Estate received the prestigious Talk of the Town Award representing the Phoenix market’s Best Overall Development of the Year from the Phoenix Business Journal for the Thunderbird Office Park @ 101 in Peoria, Arizona.
Jim McShane is the first recipient of the prestigious Richard G. Levy President’s Award from the SIOR Chicago Chapter for his service and leadership within the commercial real estate industry.
McShane Construction Company is honored as the NAIOP Chicago Chapter’s “2007 General Contractor of the Year” for excellence in construction practices.
The McShane/MetLife co-development of the 1.1 million square foot McShane Westside Business Park is named “Industrial Development of the Year” by the Arizona Commercial Real Estate magazine.
The Chicago Chapter of NAIOP names McShane Construction Company as the “2008 General Contractor of the Year” for a second consecutive year.
McShane Development Company achieves a second Talk of the Town Award from the Phoenix Business Journal for its development of the 4600 East Washington office complex in Phoenix, Arizona.
For the third straight year, McShane Construction Company is selected as the “General Contractor of the Year” at the NAIOP Chicago Chapter Awards of Excellence in 2009.
The Phoenix office of McShane Construction Company is awarded the “Build-to-Suit of the Year – Office” by the NAIOP Phoenix Chapter for the 82,000 square foot Orbital Sciences Corporation build-to-suit.
For the fourth consecutive year, McShane Construction Company is named the “General Contractor of the Year” by the Chicago Chapter of NAIOP.
The Phoenix Chapter of NAIOP names McShane Development Company’s 80,000 square foot, four-story 101 Medical Office Center as the “Medical Office Development of the Year.”
McShane Development Company is named the “#1 Commercial Real Estate Development Firm in Austin, Texas” by the Austin Business Journal for its continued excellence in delivering office, office/flex and industrial facilities to the Austin real estate market.
The Construction Industry Service Corporation (CISCO) names Park Douglas in Chicago, Illinois the Residential Construction Project of the Year for 2012.
The Hispanic American Construction Industry Association (HACIA) selects McShane Construction Company as its 2012 General Contractor of the Year.
The renovation of the historic Hairpin Lofts and Logan Square Community Art Center in Chicago, Illinois receives the 2012 Good Neighbor Award from the Chicago Association of Realtors.
The McShane Companies launches Conor Commercial Real Estate, a full-service commercial development services firm.
The development of Northwest Pointe, a Class A speculative industrial facility, is launched by Conor Commercial and Globe Corporation in Elgin, Illinois.
Conor Commercial Real Estate’s Cherry Logistics Center in Newark, California is named a finalist for the 2013 Structures Award in the Best Green Project category by the Silicon Valley Business Journal.
Conor Commercial secures the development of a sizable build-to-suit headquarters for Orbus Exhibit & Display Group within its Union Pointe industrial/office park in Woodridge, Illinois.
Conor Commercial Real Estate expands its national presence with the launch of a new office location in Houston, Texas, and the appointment of 17-year industry veteran, Jeff Stringer, as Vice President.
A preview party for the 60,000 U.S.F. U.S. Department of Veterans Affairs Southeast VA Clinic in Gilbert, Arizona is hosted by Conor Commercial Real Estate.
The Chicago Chapter of the NAIOP Commercial Real Estate Development Association names Conor Commercial Real Estate a Developer of the Year Finalist.
The Edward Don & Company build-to-suit is named a finalist for the Merit Award – Industrial Construction Project of the Year by the Chicago Building Congress.
David Friedman, a 30-year industry veteran, is appointed President of Conor Commercial Real Estate to provide operational leadership and strategic direction for the firm’s real estate operations and portfolio on a national basis.
Conor Commercial Real Estate and American Realty Advisors announce the completion and full-building lease of Cherry Logistics Center, a LEED-Silver, 575,000 square foot industrial facility located in Newark, California.
The Instituto Health Sciences Career Academy is named the 2014 Merit Award Winner for Rehab Construction Project of the Year by the Chicago Building Congress (CBC).
Huntington 90, a co-development of McShane Development Company and MetLife Real EstateInvestors, is awarded the Best of Hoffman Estates Office Park Award by the Village of Hoffman Estates for its marketing success within the community.
The McShane Companies commemorated its 30th anniversary on July 19, 2014 of delivering comprehensive construction and real estate development services. Founded by Jim McShane in 1984, the firm has grown from a single-office construction operation in suburban Chicago into a national multi-office organization. The McShane Companies is now comprised of McShane Construction Company, Cadence McShane Construction Company, Conor Commercial Real Estate and McShane Development Company.
NAIOP (Commercial Real Estate Development Association) – Chicago Chapter recognizes Conor Commercial Real Estate as a finalist for the Developer of the Year Award and McShane Construction Company as a finalist for the Contractor of the Year Award at its annual Awards for Excellence.