Leila Zammatta, president of Magellan Realty, was one of only five Chicago-area Realtors, and the lone woman, to receive the highest award for 2010 production from the Chicago Assn. of Realtors. There are about 12,000 Realtors in the association.
The five Realtors reached the Platinum level in both unit and sales volume based on sales of more than 160 units and dollar volume of more than $50 million.
Magellan Realty LLC is an affiliate of Magellan Development Group, a leading Chicago real estate developer.
“As much as it recognizes individual achievement, we feel that this honor is a confirmation of the effort and experience that have made Magellan Realty LLC, Magellan’s sales team, a leader in the Chicagoland real estate market with a productive network of client contacts and strong affiliations with the brokerage community,” said Zammatta.
Focal point of the group’s current sales activity is Lakeshore East, the award-winning $4 billion mixed-use development in the rapidly growing New Eastside.
Rising in the heart of downtown Chicago, steps from world-class attractions Michigan Avenue and Millennium Park, Lakeshore East spans 28 acres, believed to be the largest parcel of downtown land under development in a major U.S. city. The blossoming neighborhood in the rapidly growing New Eastside incorporates all the elements of a traditional city community, a lifestyle center that includes homes, retail, recreational opportunities and amenities such as a lush award-winning 6-acre public park and even a preschool scheduled to open this summer.