Red Rock Developments Secures SIOR’s Top Deal Recognition

Deal News | Apr 24, 2025 | Red Rock Developments LLC

Red Rock Developments has been awarded the SIOR's Top Industrial Deal of the Month title for securing a significant $57 million lease agreement involving a 946,400-square-foot industrial facility in Columbus, Ohio. Among those instrumental to the success were John Barker, Jr., SIOR and Leah B. Bailey, SIOR, who demonstrated exceptional leadership throughout the process. Recognized for strategic collaboration, the Colliers Columbus Industrial Team played a vital role by introducing a promising prospect and diligently facilitating the transaction. The announcement reflects Ohio's expanding industrial sector and the power of effective partnerships.

Sectors

Real Estate
Private Equity

Geography

United States – The transaction and recognition took place in Columbus, Ohio, which is part of the broader United States industrial real estate market.

Industry

Real Estate – The article centers around a significant industrial lease, highlighting the activity within real estate, particularly industrial space.
Private Equity – Red Rock Developments, a private equity firm, is the central figure in the acquisition and development of industrial property.

Financials

$57 million – The value of the industrial lease transaction recognized by SIOR.

Participants

Name	Role	Type	Description
Red Rock Developments LLC	Bidding Company	Company	A private equity firm focused on real estate development.
SIOR	Awarding Organization	Company	A professional association recognizing significant achievements in industrial real estate.
John Barker, Jr., SIOR	Key Leader	Person	Instrumental in the success of Red Rock’s milestone deal.
Leah B. Bailey, SIOR	Key Leader	Person	Contributed to the crucial leadership in the industrial lease transaction.
Colliers Columbus Industrial Team	Broker/Advisor	Company	Introduced a promising prospect and facilitated the completion of the deal.