Company News 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5b030baf352f535500ad5d14 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/xlDaJ9oO3aY/21-2 Press Release Medical Office Edgerton, Johnson assist in five medical office leases <img class="thumb-image" alt="IMG_9356.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b030c0c03ce64928f45f787/1526926370105/IMG_9356.JPG" data-image-dimensions="2500x1667" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5b030c0c03ce64928f45f787" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b030c0c03ce64928f45f787/1526926370105/IMG_9356.JPG?format=1000w" /> <p>In the first transaction, The Oak Lawn Medical Center located at 10837 S Cicero Avenue in Oak Lawn secured a lease extension with Advocate Health Care. Advocate Healthcare currently occupies 12,195 square feet. Brian Edgerton represented Healthcare Trust Inc. and CBRE's Gary Fazzio &amp; Alli Fazzio represented Advocate Health Care. Oak Lawn Medical Center is currently 100% leased, but will have two medical suites coming available later this year ranging between 3,300 to 4,100 square feet.</p><p>Next, Edgerton represented Oak Brook Allergists in the relocation of two medical offices. The first is 2,432 square-feet at 360 W Butterfield Rd in Elmhurst, IL and the second is 1,594 square-feet at 6800 Main Street in Downers Grove, IL. James Hopkins of Real Estate Consultants of Illinois, LLC and Rawly Lantz of Cawley Chicago Commercial Real Estate represented ownership in the transactions.</p><p>Finally, Edgerton in partnership with Vice President Adam Johnson represented MedProperties Group in two new leases at 907 N Elm Street in Hinsdale. Rogers Behavioral Health will lease the entire 3rd Floor of the building, &nbsp;11,110 square feet in total. Advanced Pediatrics will occupy 1,739 square feet. Jones Lang LaSalle's Sylvia VanLoveren represented Rogers Behavioral Health and Bespoke Commercial's Bill Lussow represented Advanced Pediatrics. Located within the Salt Creek Medical Campus, 907 N Elm Street is currently 60% leased with medical offices available ranging from 2,000 to 9,500 SF.</p><p><strong>&nbsp;About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=xlDaJ9oO3aY:x5p2ZcpVtL8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Mon, 21 May 2018 18:12:52 Z NAI Hiffman Edgerton, Johnson assist in five medical office leases https://www.hiffmanblog.com/blog/2018/5/21-2 2018-05-21 18:12 +00:00 2018-05-21 13:12 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5b02f216562fa7bfe30c22b9 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/dnQxWNFEau0/21-1 Office Press Release Flynn, Wurtz represent Orren Pickell Building Group in office building purchase <p><strong>WILMETTE, IL (May 21, 2018) –</strong> NAI Hiffman is proud to announce that Orren Pickell Building Group has acquired an 18,150 square foot office property located at 444 Skokie Boulevard in Wilmette. This property was previously owned by H &amp; S Realty, LLC.</p> <img class="thumb-image" alt="444 Skokie.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b02f2552b6a2868277301f6/1526919776903/444+Skokie.jpg" data-image-dimensions="2500x1674" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5b02f2552b6a2868277301f6" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b02f2552b6a2868277301f6/1526919776903/444+Skokie.jpg?format=1000w" /> <p>Represented by NAI Hiffman’s Executive Vice President, Michael Flynn, CCIM, SIOR, and Senior Vice President Jason Wurtz, this transaction marks the arrival of a new entity, Black Dog Affiliates, LLC. Orren Pickell and team create award-winning luxury custom homes, additions, remodels and renovations throughout the Chicago area and beyond. No stranger to renovation, Orren Pickell has planned extensive changes. This space will then serve as both its corporate offices and its designer showroom, leaving 3,000 square feet of available space for lease.</p><p> </p><p><strong>About Orren Pickell Building Group</strong></p><p>With nearly four decades of homebuilding experience, Orren Pickell continues to lead the industry in design, innovation and unparalleled customer service. Orren Pickell Building Group’s custom homes, extraordinary remodels and unrivaled reputation are echoed by the hundreds of awards they have received. Capabilities extend to all facets of design and building, including Architectural Design, Custom Home Building, Remodeling, Vacation Homes, Home Maintenance, and CabinetWerks. For more information, please call 847-305-3445 or visit pickellbuilders.com.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=dnQxWNFEau0:oX2eKlxcb0g:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Mon, 21 May 2018 16:23:21 Z NAI Hiffman Flynn, Wurtz represent Orren Pickell Building Group in office building purchase https://www.hiffmanblog.com/blog/2018/5/21-1 2018-05-21 16:23 +00:00 2018-05-21 11:23 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5b02e0808a922d27418bdd88 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/wNWTvfJofsU/21 Office Press Release Van Zandt and Edgerton represent ownership at One Oakbrook Terrace <img class="thumb-image" alt="1 OBT.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b02e2e9352f53e374e78e77/1526915829219/1+OBT.jpg" data-image-dimensions="2500x3235" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5b02e2e9352f53e374e78e77" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5b02e2e9352f53e374e78e77/1526915829219/1+OBT.jpg?format=1000w" /> <p><strong>OAKBROOK TERRACE, IL (May 21, 2018) –</strong> NAI Hiffman is proud to announce that the office brokerage team of Executive Vice President Mike Van Zandt and Vice President Brian Edgerton has completed three leases at One Oakbrook Terrace in Oakbrook Terrace, IL on behalf of private ownership.</p><p>In the first transaction, Alliant Insurance Services has renewed its existing lease and currently occupies 5,170 square-feet at the building. Alliant provides commercial insurance brokerage, risk management, and employee benefits solutions. Colliers International's Tom Berarducci represented Alliant Insurance Services in the transaction.</p><p>Next, Lutheran Child &amp; Family Services, a charity providing child welfare services, plans to occupy 6,947 square-feet at the building. Cushman &amp; Wakefield's Eric Sorensen represented Lutheran Child &amp; Family Services.</p><p>Finally, Debra J. Braselton, P.C., a family law attorney, has also renewed its longstanding lease and currently occupies 1,244 square feet at the building. Sequoia Realty Group's Mark Levy represented Debra J. Braselton, P.C..</p><p>Located in East-West Corridor submarket, One Oakbrook Terrace features a café, conference center, and a covered parking garage. The property is currently 88% leased with available office suites between 1,969 and 4,227 square-feet. &nbsp;NAI Hiffman handles both the leasing and management services at One Oakbrook Terrace.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><p>Featured In: <a target="_blank" href="http://www.dhbusinessledger.com/business/20180521/oakbrook-terrace-leases-signed">Daily Herald Business Ledger</a></p><p> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=wNWTvfJofsU:fZN28r_t58o:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Mon, 21 May 2018 15:17:29 Z NAI Hiffman Van Zandt and Edgerton represent ownership at One Oakbrook Terrace https://www.hiffmanblog.com/blog/2018/5/21 2018-05-21 15:17 +00:00 2018-05-21 10:17 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5afc581f562fa76042fd0153 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/4OFTYrPki2o/16-1 Office Press Release Perry Higa represents tenant in new HQ lease in Oak Brook <img class="thumb-image" alt="higa-perry-portrait.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5afc5862562fa76042fd15cf/1526487150426/higa-perry-portrait.jpg" data-image-dimensions="1680x2240" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5afc5862562fa76042fd15cf" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5afc5862562fa76042fd15cf/1526487150426/higa-perry-portrait.jpg?format=1000w" /> <p>OAK BROOK, IL (May 16, 2018) – NAI Hiffman is proud to announce that SLAS (Society for Laboratory Automation and Screening) has signed a new 2,713-square-foot lease at 1301 W. 22nd Street in Oak Brook, IL.</p><p>NAI Hiffman Senior Vice President, Perry Higa, represented SLAS in the transaction. SLAS is a provider of a wide array of relevant education, information, innovation and access to the world’s largest network of professionals focused on leveraging technology for scientific advancement. Previously headquartered in Saint Charles, IL, SLAS looked in both the O’Hare and East-West Corridor office submarkets for its new HQ location.</p><p>“SLAS relocated to Oak Brook due to its central location in metro Chicago, easy access to both airports, downtown Chicago and up-to-date office space options for their staff and the Association’s members. In addition, the Oak Brook area provides a strong workforce for a global association like SLAS. I am excited about what the new location will do for this organization,” said Senior Vice President Perry Higa.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a href="http://www.naihiffman.com">www.naihiffman.com</a>.</p><p>Featured in the <a target="_blank" href="http://www.dailyherald.com/business/20180521/slas-moves-from-st-charles-to-oak-brook">Daily Herald</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=4OFTYrPki2o:ctrGzYutOL4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Wed, 16 May 2018 16:12:49 Z NAI Hiffman Perry Higa represents tenant in new HQ lease in Oak Brook https://www.hiffmanblog.com/blog/2018/5/16-1 2018-05-16 16:12 +00:00 2018-05-16 11:12 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5afc4dab575d1f1ace3f2d73 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/zq2XpDX6MGU/16 Industrial Press Release Connolly, Moran, and Tomfohrde represent ownership in 259,744-square-foot lease renewal <img class="thumb-image" alt="365 Crossing Main Pic3.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5afc4e782b6a28e917070759/1526484608210/365+Crossing+Main+Pic3.jpg" data-image-dimensions="2500x1116" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5afc4e782b6a28e917070759" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5afc4e782b6a28e917070759/1526484608210/365+Crossing+Main+Pic3.jpg?format=1000w" /> <p><strong>BOLINGBROOK, IL (May, 16 2018)</strong> – NAI Hiffman is proud to announce that Sun Life Assurance Company of Canada (U.S.) has completed a lease renewal at 365 Crossing Road in Bolingbrook, IL. NAI Hiffman Executive Vice Presidents Stephen Connolly and Mark Moran and Associate Brett Tomfohrde represented Sun Life Assurance Company of Canada (U.S.) in the lease transaction, and Colliers International's Douglas Biggs represented the tenant Westrock Converting Company.</p><p>Westrock Converting Company, a manufacturer of paperboard and folding cartons, occupies 259,744 square feet at the building. Located in I-55 Corridor, 365 Crossing Road features 22 docks, 127 parking spaces, and 6,688 square feet of office space. The property is currently 100% leased to WestRock and continues to serve as a strategic location for them as it has for the past several years.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/nai-hiffman-represents-ownership-in-259,744-square-foot-lease-renewal-20180516">RE Journals</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=zq2XpDX6MGU:r4CqzZ3EMug:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Wed, 16 May 2018 15:30:36 Z NAI Hiffman Connolly, Moran, and Tomfohrde represent ownership in 259,744-square-foot lease renewal https://www.hiffmanblog.com/blog/2018/5/16 2018-05-16 15:30 +00:00 2018-05-16 10:30 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5af9b58caa4a99f5fa1b9df3 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/TKPeqhswqsQ/14 Article Feature Industrial Joe Bronson facilitates Midwest Industrial portfolio sale <img class="thumb-image" alt="bronson-joe.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af9b650aa4a99f5fa1bcf45/1526314593173/bronson-joe.jpg" data-image-dimensions="1680x2240" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5af9b650aa4a99f5fa1bcf45" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af9b650aa4a99f5fa1bcf45/1526314593173/bronson-joe.jpg?format=1000w" /> <p>NAI Hiffman is proud to announce that Midwest Industrial Funds recently closed on the first phase of a three‐building, $21 million sale to Plymouth Industrial REIT.</p><p>The first phase included over 280,000 square-feet between the two locations; 3 W. College Drive in Arlington Heights and 1600 Fleetwood in Elgin. 3 W. College was leased to Arrows‐Up, a provider of specialized delivery solutions for the oil and fracking industries, and 1600 Fleetwood was leased to Stamar Packaging, a leading distributor of packaging, shipping and industrial supplies.</p><p>NAI Hiffman Executive Vice President Joe Bronson and Lee &amp; Associate's Michael Androwich, Jr.&nbsp;were the local leasing specialists on 1600 Fleetwood and 3 W. College, respectively, who helped facilitate the sale with CBRE and Midwest Industrial. Mike Caprile and his CBRE national partners investment team represented Midwest Industrial on the sale.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/getdoc/88641d71-1e31-4167-be5b-9e746469c3b6/midwest-industrial-sells-part-of-portfolio-for-$21">RE Journals</a><br /><br /> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=TKPeqhswqsQ:x4lOeYrn6sk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Mon, 14 May 2018 16:27:57 Z NAI Hiffman Joe Bronson facilitates Midwest Industrial portfolio sale https://www.hiffmanblog.com/blog/2018/5/14 2018-05-14 16:27 +00:00 2018-05-14 11:27 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5af4af9aaa4a99e2a1ddc4ec http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/YYBEV5m8N-M/10 #HiffmanHighlight Industrial Brian Colson and Brandon Waters represent Prologis in lease transaction <img class="thumb-image" alt="Industrial-Transaction.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af4afa42b6a289bcc173ba5/1525985199063/Industrial-Transaction.jpg" data-image-dimensions="2500x1635" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5af4afa42b6a289bcc173ba5" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af4afa42b6a289bcc173ba5/1525985199063/Industrial-Transaction.jpg?format=1000w" /><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=YYBEV5m8N-M:yz3D51y1zVY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Thu, 10 May 2018 20:47:58 Z NAI Hiffman Brian Colson and Brandon Waters represent Prologis in lease transaction https://www.hiffmanblog.com/blog/2018/5/10 2018-05-10 20:47 +00:00 2018-05-10 15:47 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5af4a280aa4a99ac4c6800c1 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/-31OXv2Pg60/22-1-xgb36 REmark Research Chicagoland Industrial Development & Developers <p>Demand in the Chicago market has been tremendous over the last five years. So much so, that more than 53.15 million square feet of industrial speculative development has delivered to the area since 2013. The top 20 developers alone delivered 41.79 million square feet to the market! As developers continue to manage new inventory to align with current deal velocity, future deliveries may begin to taper off. That said, 8.45 million square feet of additional speculative development was in progress at the end of the first quarter of 2018, signaling a robust pipeline for the remainder of the year.</p> <a href="https://www.hiffmanblog.com/s/REmark-Ind-051017.pdf" target="_blank"> <img class="thumb-image" alt="REmark-Industrial-051018.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af4a2b403ce648bbd5e3dde/1525981938038/REmark-Industrial-051018.jpg" data-image-dimensions="1530x1673" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5af4a2b403ce648bbd5e3dde" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af4a2b403ce648bbd5e3dde/1525981938038/REmark-Industrial-051018.jpg?format=1000w" /> </a> <hr /><h3 class="text-align-center">Want to know more? Contact:</h3><p class="text-align-center"><strong>Amanda Ortiz</strong><br />Director of Research<br /><a href="mailto:aortiz@hiffman.com">aortiz@hiffman.com</a><br />630 693 0645</p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=-31OXv2Pg60:uqEL8yXx_n0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Thu, 10 May 2018 19:52:49 Z NAI Hiffman Chicagoland Industrial Development & Developers https://www.hiffmanblog.com/blog/2018/3/22-1-xgb36 2018-05-10 19:52 +00:00 2018-05-10 14:52 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5af1c0d31ae6cf60836d823b http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/15P44AFrpfQ/8 Article Feature Packy Doyle: Future Leader in Commercial Real Estate <p>Packy Doyle, a Senior Associate on the Industrial Services team, sat down last week with RE Journal's Matt Baker to discuss his role with NAI Hiffman, his background, and why he loves working in Commercial Real Estate.</p><p><a target="_blank" href="http://www.rejournals.com/cre-future-leaders-packy-doyle-20180503">Read the full interview here</a></p> <img class="thumb-image" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af1c21970a6ad9035510c05/1525793344282/" data-image-dimensions="2500x3750" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5af1c21970a6ad9035510c05" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5af1c21970a6ad9035510c05/1525793344282/?format=1000w" /><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=15P44AFrpfQ:yJgq3iDnLJ8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 08 May 2018 15:30:38 Z NAI Hiffman Packy Doyle: Future Leader in Commercial Real Estate https://www.hiffmanblog.com/blog/2018/5/8 2018-05-08 15:30 +00:00 2018-05-08 10:30 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae8aa95575d1f4e67678b01 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/2GpfBC4dRUc/1-2 Events Industrial Over 300 industry professionals attended the 15th annual CIP Industrial Summit <p><a href="http://www.rejournals.com/home">REjournals</a>&nbsp;hosted the 15th annual CIP Industrial Summit on April 26, 2018. More than 300 commercial real estate professionals went out to Hamburger University, on the McDonald’s Oak Brook, Illinois campus, to hear experts in their field discuss the state of industrial development and investment in the Chicago region.</p><p>Opening remarks were provided by Brendan Green, senior vice president in the Rosemont office of <a href="https://www2.colliers.com/en/United-States/Cities/Chicago">Colliers International</a>&nbsp;as well as the 2018 president of the <a href="http://www.aire-brokers.org/">Association of Industrial Real Estate Brokers</a>&nbsp;(AIRE). If there were any doubts in the room about the health of the industrial sector, they were quelled by the stats that he provided showing higher asking rents, lower vacancy and increased demand. "In Chicago, the fundamentals for industrial remain strong," Green said.</p><p>The first panel, moderated by Ivan Baker, president and CEO of the <a href="http://www.northcentralillinois.org/">North Central Illinois Economic Development Corporation</a>, looked at the state of the industrial market. Chris Gary, SIOR executive vice president, industrial services at <a href="http://www.naihiffman.com/">NAI Hiffman</a>; John McDermott executive director industrial practice at <a href="https://svnchicago.com/">SVN Chicago Commercial</a>; Brian McKiernan senior vice president at <a href="https://centerpoint.com/">Centerpoint Properties</a>&nbsp;and Roy Splansky, principal at <a href="http://www.ventureonere.com/">Venture One Real Estate</a>&nbsp;joined him for the discussion.</p><p>Part of the panel’s time was spent evaluating the highs that industrial has reached, and whether or not the asset class will peak any time soon. "A few years ago, we were talking about what inning we were in,” Splansky said. “If we do that now, we'd be in extra innings."</p><p>The State of the Market panel also discussed the factors that a company considers when choosing were to locate, including the local labor pool, building quality and muncipal incentives. The latter, according to Gary, is often an afterthought. "By the time incentives get discussed, the client has probably already decided where they want to go,” he said. “I hope I'm not revealing a secret that I shouldn't be."</p><p>The second panel focused on financing, investing, management and construction trends. Peter Tsantilis, Esq., partner with <a href="https://ltlawchicago.com/">Liston &amp; Tsantilis, P.C.</a>moderated the discussion and he was joined by Reggie Greenwood, deputy director at <a href="http://ssmma.org/economic-development-6/">Chicago Southland Economic Development Corporation</a>; Peter Maros, Vice President at <a href="https://solect.com/">Solect Energy</a>; Art Rendak, president at <a href="http://www.inlandmtg.com/">Inland Mortgage Capital, LLC</a>&nbsp;and Howard Green, executive vice president at <a href="https://www.meridiandb.com/">Meridian Design Build, LLC</a>.</p> <img class="thumb-image" alt="chris-panel.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab46aa4a996174a45bd9/1525197641289/chris-panel.jpg" data-image-dimensions="1000x600" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8ab46aa4a996174a45bd9" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab46aa4a996174a45bd9/1525197641289/chris-panel.jpg?format=1000w" /><br> <img class="thumb-image" alt="6ea553661db041198b0118ac4a99468d.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab46758d465f1129a41b/1525197640787/6ea553661db041198b0118ac4a99468d.jpg" data-image-dimensions="1000x599" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8ab46758d465f1129a41b" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab46758d465f1129a41b/1525197640787/6ea553661db041198b0118ac4a99468d.jpg?format=1000w" /><br> <img class="thumb-image" alt="32f9417d3c1247d1a349c24e3ebfca5f.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab48562fa76910c608b8/1525197641907/32f9417d3c1247d1a349c24e3ebfca5f.jpg" data-image-dimensions="1000x600" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8ab48562fa76910c608b8" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab48562fa76910c608b8/1525197641907/32f9417d3c1247d1a349c24e3ebfca5f.jpg?format=1000w" /><br> <img class="thumb-image" alt="b48f29c0c4cc47c19488f2b4a9f3d0ac.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab48758d465f1129a447/1525197643237/b48f29c0c4cc47c19488f2b4a9f3d0ac.jpg" data-image-dimensions="1000x599" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8ab48758d465f1129a447" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae8ab460e2e7259c75b3288/5ae8ab48758d465f1129a447/1525197643237/b48f29c0c4cc47c19488f2b4a9f3d0ac.jpg?format=1000w" /><br> <a href="#" class="previous"></a> <a href="#" class="next"></a> <p>Source: <a target="_blank" href="http://www.rejournals.com/over-300-industry-professionals-attended-the-15th-annual-cip-industrial-summit-20180430">RE Journals</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=2GpfBC4dRUc:cODdRAuKBFI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 01 May 2018 18:07:41 Z NAI Hiffman Over 300 industry professionals attended the 15th annual CIP Industrial Summit https://www.hiffmanblog.com/blog/2018/5/1-2 2018-05-01 18:07 +00:00 2018-05-01 13:07 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae8a7b703ce6450c6c1085d http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/yeCb43eM95w/1-1 Press Release Industrial Brian Colson brokers Cornerstone Business Park sale <p>BENSENVILLE, IL (May 1, 2018) – NAI Hiffman is pleased to announce the recent sale of Cornerstone Business Park in Bensenville.</p> <img class="thumb-image" alt="17895.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae8a802f950b7399164a6c0/1525196806104/17895.jpg" data-image-dimensions="937x704" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8a802f950b7399164a6c0" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae8a802f950b7399164a6c0/1525196806104/17895.jpg?format=1000w" /> <p>Cornerstone Business Park is located at 1088-1130 W. Thorndale Avenue. The property features 171,250 of industrial space across 12.11 acres. LBA Realty purchased the project from Zilber Property Group due to its ideal size and location at the corner of I-83 and the new I-390. The property was 90% leased at the time of the sale.</p><p>NAI Hiffman Executive Vice President Brian Colson represented the seller, Zilber Property Group and was the sole broker involved in the transaction. NAI Hiffman currently handles both the leasing and the management of this property.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/nai-hiffman-brokers-sale-of-bensenville-business-park-20180502">RE Journals</a>,&nbsp;<a target="_blank" href="http://www.dhbusinessledger.com/business/20180504/cornerstone-business-park-in-bensenville-sold">Daily Herald Business Ledger</a>, and<a target="_blank" href="https://www.bisnow.com/chicago/news/deal-sheet/this-weeks-chicago-deal-sheet-88195"> BisNow</a></p><p> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=yeCb43eM95w:HQnAzevDer8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 01 May 2018 17:47:08 Z NAI Hiffman Brian Colson brokers Cornerstone Business Park sale https://www.hiffmanblog.com/blog/2018/5/1-1 2018-05-01 17:47 +00:00 2018-05-01 12:47 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae78350758d463ff664efd8 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/BuqoovQHyNs/30 Awards & Honors Culture NAI Hiffman Recognized as One of Chicago’s Best Places to Work by Crain’s Chicago Business <img class="thumb-image" alt="2018 Crains Best Places to Work.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae78e2a758d46cd21081927/1525196472926/2018+Crains+Best+Places+to+Work.JPG" data-image-dimensions="1596x1948" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae78e2a758d46cd21081927" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae78e2a758d46cd21081927/1525196472926/2018+Crains+Best+Places+to+Work.JPG?format=1000w" /> <p>NAI Hiffman has been named one of Crain's Chicago Business's <a target="_blank" href="http://www.chicagobusiness.com/section/best-places-to-work-list">Best Places to Work in 2018</a>. On the 10th anniversary of the program, Crains partnered with Best Companies Group to survey 8,800 employees at Chicago-area companies to identify, recognize and honor the top 100 to work for. After evaluating companies' workplace policies, practices, and demographics, employees were surveyed to gain feedback on their experiences and feelings in regard to their workplace. The combined scores determine the best companies and the final ranking.&nbsp;</p><p>On April 12, top organizations that made the list were recognized by Crains during a luncheon in Chicago; NAI Hiffman celebrated the achievement at our HQ this past week.&nbsp;Thank you to our employees and clients for being a part of what makes this company so wonderful -&nbsp; we are honored to be a part of this amazing group of companies!&nbsp;</p> <a href="http://www.chicagobusiness.com/section/best-places-to-work-list" class="sqs-block-button-element--medium sqs-block-button-element" target="_blank">See the full list</a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="crains1.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913a758d46cd2108c43f/1525196472953/crains1.jpg" data-image-dimensions="652x652" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7913a758d46cd2108c43f" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913a758d46cd2108c43f/1525196472953/crains1.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="6.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79134562fa7cbc4385de7/1525196472948/6.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae79134562fa7cbc4385de7" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79134562fa7cbc4385de7/1525196472948/6.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="IMG_1473.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79141562fa7cbc4386135/1525196472963/IMG_1473.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.46938775510204084,0.4831081081081081" data-load="false" data-image-id="5ae79141562fa7cbc4386135" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79141562fa7cbc4386135/1525196472963/IMG_1473.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="1.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79125758d46cd2108be47/1525196472929/1.jpg" data-image-dimensions="2500x3333" data-image-focal-point="0.5192849099099099,0.4217687074829932" data-load="false" data-image-id="5ae79125758d46cd2108be47" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79125758d46cd2108be47/1525196472929/1.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="IMG_1471.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b03ce64c8332ad2cd/1525196472959/IMG_1471.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.46258503401360546,0.4831081081081081" data-load="false" data-image-id="5ae7913b03ce64c8332ad2cd" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b03ce64c8332ad2cd/1525196472959/IMG_1471.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="3.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912c575d1fcb77a5c73e/1525196472939/3.jpg" data-image-dimensions="1256x1256" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7912c575d1fcb77a5c73e" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912c575d1fcb77a5c73e/1525196472939/3.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="2.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912b8a922dd5660abda1/1525196472936/2.jpg" data-image-dimensions="2500x3333" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7912b8a922dd5660abda1" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912b8a922dd5660abda1/1525196472936/2.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="IMG_1474.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912503ce64c8332acc5d/1525196472933/IMG_1474.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.46808510638297873,0.48928571428571427" data-load="false" data-image-id="5ae7912503ce64c8332acc5d" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7912503ce64c8332acc5d/1525196472933/IMG_1474.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="crains.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913af950b7c96e50eacf/1525196472951/crains.jpg" data-image-dimensions="654x656" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7913af950b7c96e50eacf" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913af950b7c96e50eacf/1525196472951/crains.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="4.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae791300e2e72d034ab2686/1525196472944/4.jpg" data-image-dimensions="2500x3333" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae791300e2e72d034ab2686" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae791300e2e72d034ab2686/1525196472944/4.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="5.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79130758d46cd2108c131/1525196472941/5.jpg" data-image-dimensions="1537x1537" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae79130758d46cd2108c131" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79130758d46cd2108c131/1525196472941/5.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="crains3.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b352f53dbb9586ac0/1525196472956/crains3.jpg" data-image-dimensions="649x655" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7913b352f53dbb9586ac0" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b352f53dbb9586ac0/1525196472956/crains3.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="8.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79134aa4a99de334a0348/1525196472946/8.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae79134aa4a99de334a0348" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae79134aa4a99de334a0348/1525196472946/8.jpg?format=1000w" /><br> </a> <a class="image-slide-anchor content-fill" > <img class="thumb-image" alt="IMG_1472.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b575d1fcb77a5cbf1/1525196472961/IMG_1472.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7913b575d1fcb77a5cbf1" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae79125aa4a99de3349fded/5ae7913b575d1fcb77a5cbf1/1525196472961/IMG_1472.jpg?format=1000w" /><br> </a><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=BuqoovQHyNs:BaORABvg8bM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 01 May 2018 17:40:08 Z NAI Hiffman NAI Hiffman Recognized as One of Chicago’s Best Places to Work by Crain’s Chicago Business https://www.hiffmanblog.com/blog/2018/4/30 2018-05-01 17:40 +00:00 2018-05-01 12:40 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae8a0ca8a922d27fef5995c http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/ZdHvpnG-a0s/1 Press Release Industrial Leahy and Cremer assist in 150,364-square-foot I-55 industrial lease <img class="thumb-image" alt="RBC 2017-16.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae8a15203ce6415eee63e62/1525195115024/RBC+2017-16.jpg" data-image-dimensions="2500x1667" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae8a15203ce6415eee63e62" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae8a15203ce6415eee63e62/1525195115024/RBC+2017-16.jpg?format=1000w" /> <p><strong>ROMEOVILLE, IL (May 1, 2018) –</strong> NAI Hiffman is proud to announce that Seefried Properties in joint venture with Clarion Partners, has completed a new lease at 1100-1150 W Airport Road in Romeoville, IL. JB Hunt, a largescale trucking and transportation company, plans to occupy more than half of the property, 150,364 square feet in total.</p><p>Located in the I-55 Corridor submarket, the Romeoville Business Center features 50 exterior loading docks, 120 trailer parking stalls, and close proximity to several major highways, including I-55, I-80, I-355. The property is 283,000 square feet in total; 133,000 square feet remain available for lease.</p><p>NAI Hiffman Executive Vice President, Daniel Leahy, SIOR, Senior Vice President Benjamin Cremer represented Seefried Properties and Clarion Partners in the lease transaction; Ron Behm of Colliers and David Lane of Burr &amp; Temkin represented JB Hunt.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="https://protect-us.mimecast.com/s/zY6nCjROnltjg96zhx6J2g">www.naihiffman.com</a>.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/nai-hiffman-assists-with-150k-sf-lease-in-i-55-industrial-corridor-20180501">RE Journals</a></p><p> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=ZdHvpnG-a0s:eUyRdNikNjE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 01 May 2018 17:18:36 Z NAI Hiffman Leahy and Cremer assist in 150,364-square-foot I-55 industrial lease https://www.hiffmanblog.com/blog/2018/5/1 2018-05-01 17:18 +00:00 2018-05-01 12:18 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae78fbc8a922dd5660a6b03 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/xVOjbqbCWQk/30-1 Industrial Press Release Larry Much represents CN Development in sale of Romeoville industrial building <p><strong>ROMEOVILLE, IL (April 30, 2018) –</strong> NAI Hiffman is pleased to announce it has represented the seller in the recent sale of 525 Anderson Drive in Romeoville. Estes Construction purchased the 32,291-square-foot property from CN Development.</p> <img class="thumb-image" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae7903e70a6adc240f67905/1525125188046/" data-image-dimensions="2500x1455" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae7903e70a6adc240f67905" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ae7903e70a6adc240f67905/1525125188046/?format=1000w" /> <p>The building features 5,598 square feet of office space, 17 exterior docks, and 3,328 square feet of truck maintenance space. “The concept of this building is unique as it creates an opportunity for transportation and logistics companies to be able to do maintenance work on their own tractors versus outsourcing the repairs. This change can greatly affect the organization’s bottom line.” said NAI Hiffman’s Larry Much SIOR, who brokered the transaction.&nbsp;</p><p>NAI Hiffman Executive Vice President Larry Much, SIOR and former Vice President Adam Naparsteck represented CN Development in its sale to Estes Construction.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a href="http://www.naihiffman.com">www.naihiffman.com</a>.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/nai-hiffman-represents-cn-development-in-sale-of-romeoville-industrial-building-20180501">RE Journals</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=xVOjbqbCWQk:HusrJRHoezU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Mon, 30 Apr 2018 21:53:34 Z NAI Hiffman Larry Much represents CN Development in sale of Romeoville industrial building https://www.hiffmanblog.com/blog/2018/4/30-1 2018-04-30 21:53 +00:00 2018-04-30 16:53 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ae0f6256d2a7385d433a925 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/Jxn5n84j4-A/25 Culture Article Feature Industrial Bruce Granger's Distinguished Visitor Navy Embark Trip <p>We are always delighted to see our employees doing incredible things and pursuing hobbies outside of the office. Earlier this month, NAI Hiffman Industrial Broker, pilot and aviation enthusiast, Bruce Granger, was lucky enough to be involved in the United States Navy’s Distinguished Visitor Program.</p><p>Every year, the Navy invites a select number of individuals to attend a rare, first-hand experience to witness life aboard a Navy aircraft carrier. The program invites people who are active leaders in their local, civic, education, or business community to embark and share their experience with others. Some of the people they invite to participate include legislative representatives, city council members, corporate executives, educators, and leaders of broad-based organizations who have not previously experienced aircraft carrier operations. The incredible opportunity to see the flight operations on the flight deck of an aircraft carrier provide unique opportunities to foster awareness and understanding of the role of carrier aviation, as well as demonstrate the high-level training required to keep our Sailors ready to meet the nation’s needs.</p><p><a target="_blank" href="http://www.brucegranger.com/uploads_library/Navy%20Embark%20Feature.pdf">Click here</a> to read Bruce’s full recap of the memorable experience</p> <img class="thumb-image" alt="2018-04-08 13.47.16.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d11758d461b0afc3deb/1524773468305/2018-04-08+13.47.16.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d11758d461b0afc3deb" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d11758d461b0afc3deb/1524773468305/2018-04-08+13.47.16.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-08 15.42.03.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d18f950b7ba7dd0a40b/1524773468310/2018-04-08+15.42.03.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d18f950b7ba7dd0a40b" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d18f950b7ba7dd0a40b/1524773468310/2018-04-08+15.42.03.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-08 16.33.20.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d1e1ae6cf0e08818896/1524773468315/2018-04-08+16.33.20.jpg" data-image-dimensions="2500x1875" 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data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d4403ce64919b051f7c/1524773468346/2018-04-08+16.56.20.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d4403ce64919b051f7c" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d4403ce64919b051f7c/1524773468346/2018-04-08+16.56.20.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-08 17.04.13.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d4903ce64919b052089/1524773468348/2018-04-08+17.04.13.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d4903ce64919b052089" data-type="image" 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data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d5d88251bad98e06f77" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d5d88251bad98e06f77/1524773468355/2018-04-08+20.55.55.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-09 07.58.09-1.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d68aa4a99e79f979858/1524773468372/2018-04-09+07.58.09-1.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d68aa4a99e79f979858" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d68aa4a99e79f979858/1524773468372/2018-04-09+07.58.09-1.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-09 12.02.10.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d73758d461b0afc5641/1524773468375/2018-04-09+12.02.10.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d73758d461b0afc5641" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d73758d461b0afc5641/1524773468375/2018-04-09+12.02.10.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-09 12.24.09.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d7e758d461b0afc592f/1524773468383/2018-04-09+12.24.09.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d7e758d461b0afc592f" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d7e758d461b0afc592f/1524773468383/2018-04-09+12.24.09.jpg?format=1000w" /><br> <img class="thumb-image" alt="2018-04-09 15.04.35.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d83f950b7ba7dd0c0a6/1524773468391/2018-04-09+15.04.35.jpg" data-image-dimensions="2500x1875" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d83f950b7ba7dd0c0a6" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d83f950b7ba7dd0c0a6/1524773468391/2018-04-09+15.04.35.jpg?format=1000w" /><br> <img class="thumb-image" alt="110830-N-ZZ999-303.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d8d88251bad98e07cf6/1524773468406/110830-N-ZZ999-303.JPG" data-image-dimensions="2100x1390" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d8d88251bad98e07cf6" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d8d88251bad98e07cf6/1524773468406/110830-N-ZZ999-303.JPG?format=1000w" /><br> <img class="thumb-image" alt="160130-N-GZ947-083.jpg" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d90575d1f5a7ab15468/1524773468419/160130-N-GZ947-083.jpg" data-image-dimensions="2500x1668" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22d90575d1f5a7ab15468" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22d90575d1f5a7ab15468/1524773468419/160130-N-GZ947-083.jpg?format=1000w" /><br> <img class="thumb-image" alt="160204-N-MY174-020.JPG" 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class="thumb-image" alt="PIC02.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22da21ae6cf0e0881acb5/1524773468431/PIC02.JPG" data-image-dimensions="2100x1079" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22da21ae6cf0e0881acb5" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22da21ae6cf0e0881acb5/1524773468431/PIC02.JPG?format=1000w" /><br> <img class="thumb-image" alt="PIC15.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22dab2b6a283d1a802106/1524773468434/PIC15.JPG" data-image-dimensions="2500x1964" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ae22dab2b6a283d1a802106" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/5ae22d11758d461b0afc3ddb/5ae22dab2b6a283d1a802106/1524773468434/PIC15.JPG?format=1000w" /><br> <a href="#" class="previous"></a> <a href="#" class="next"></a> <p>Learn more about the Distinguished Visitor Program - <a href="http://www.public.navy.mil/airfor/Pages/DVEmbarkProgram.aspx">http://www.public.navy.mil/airfor/Pages/DVEmbarkProgram.aspx</a></p><p> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=Jxn5n84j4-A:TvBJjt4e3xE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Thu, 26 Apr 2018 20:06:15 Z NAI Hiffman Bruce Granger's Distinguished Visitor Navy Embark Trip https://www.hiffmanblog.com/blog/2018/4/25 2018-04-26 20:06 +00:00 2018-04-26 15:06 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5adf54690e2e72470d9b9bc0 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/2zHesRR25Yc/24 Industrial Press Release NAI Hiffman represents Stockbridge Capital Group in lease renewal <p><strong>BLOOMINGDALE, IL (April 24, 2018) –</strong> NAI Hiffman is proud to announce that its Industrial Services team recently completed a lease renewal at 355-259 Longview Drive in Bloomingdale, IL on behalf of Stockbridge Capital Group.</p> <img class="thumb-image" alt=" Source: Costar " data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5adf54ea8a922db1ae0079c1/1524585714182/CoStar+Exterior+PS.jpg" data-image-dimensions="1024x666" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5adf54ea8a922db1ae0079c1" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5adf54ea8a922db1ae0079c1/1524585714182/CoStar+Exterior+PS.jpg?format=1000w" /> <p>Source: Costar</p> <p>Christian Art Gifts, a manufacturer of religious books and gifts, currently occupies the entire property, 74,678 square feet in total. The property has operated as their national distribution center since 2012.</p><p>Located in Central DuPage, 355-359 Longview Drive features 20 exterior docks, 30’ clear height, ESFR sprinklers, and quick access to I-355 via Army Trail Road. The property is currently 100% leased.</p><p>NAI Hiffman Executive Vice Presidents Steve Connolly and Mark Moran and Senior Associate Brett Tomfohrde represented Stockbridge Capital Group in the lease transaction, and Cushman &amp; Wakefield's Sean Henrick represented the tenant Christian Art Gifts.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><p>Featured in <a target="_blank" href="http://www.rejournals.com/nai-hiffman-represents-stockbridge-capital-group-in-lease-renewal-20180424">RE Journals</a>, <a target="_blank" href="https://www.cpexecutive.com/post/nai-hiffman-brokers-industrial-lease-in-chicagos-central-dupage/">Commercial Property Executive</a></p><p> </p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=2zHesRR25Yc:HtwWh3aE7co:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 24 Apr 2018 16:02:15 Z Carlie Wysocke NAI Hiffman represents Stockbridge Capital Group in lease renewal https://www.hiffmanblog.com/blog/2018/4/24 2018-04-24 16:02 +00:00 2018-04-24 11:02 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ad612168a922d2f5f4f280a http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/sia4Ma_Am7c/17 Industrial Article Feature Adam Roth discusses the ELD mandate and impacts to industrial real estate <p>NAI Global Logistics Director and NAI HIffman Executive Vice President Adam Roth sat down at the TPM Conference this month to discuss the electronic logging device mandate and it's effect on industrial real estate.&nbsp;</p><p><a target="_blank" href="https://www.joc.com/video/sponsored-eld-mandate-impacts-industrial-real-estate">Watch the interview</a></p> <img class="thumb-image" alt="Capture.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad613b7575d1f452d09c44c/1523979236734/Capture.JPG" data-image-dimensions="725x405" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ad613b7575d1f452d09c44c" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad613b7575d1f452d09c44c/1523979236734/Capture.JPG?format=1000w" /><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=sia4Ma_Am7c:1C4OaUwu_Gk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Tue, 17 Apr 2018 15:34:07 Z NAI Hiffman Adam Roth discusses the ELD mandate and impacts to industrial real estate https://www.hiffmanblog.com/blog/2018/4/17 2018-04-17 15:34 +00:00 2018-04-17 10:34 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ad106e870a6ad118a46b30b http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/jI_Rv9RjWuA/13-2 Awards & Honors Property Management Naperville Woods and Edens Corporate Center win Midwest Regional TOBY Awards <p><strong>OAKBROOK TERRACE, IL (April 13, 2018) –</strong> NAI Hiffman is proud to announce that BOMA Midwest has awarded two properties with TOBY (Outstanding Building of the Year) Awards.&nbsp; The TOBY award recognizes property management teams for their outstanding performance and building standards. While both buildings have received the BOMA Chicago TOBY award in this year’s competition and years past, this is the first time NAI Hiffman’s property management teams will be recognized at the Midwest regional level. Both properties now move on to the BOMA International TOBY competition taking place this June in San Antonio.</p><p>These awards recognize the hard work of these buildings’ property management teams, but also the property owners’ commitment to providing the tools and support to remain successful. Naperville Woods located at 1000-1100 E. Warrenville Road Naperville, IL &nbsp;is owned by Agellan Commercial REIT and the Edens Corporate Center located at 650 Dundee Road in Northbrook, IL is owned by KBS Realty Advisors.</p> <img class="thumb-image" alt=" Edens Property Management Team (from left to right): Elizabeth O'Connor, Tom Murphy, Lynn Zbierski, Rudy Ricardo " data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad108f2aa4a990467c2c08a/1523648767176/Edens+BOMA+team+sign.jpg" data-image-dimensions="2500x1667" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ad108f2aa4a990467c2c08a" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad108f2aa4a990467c2c08a/1523648767176/Edens+BOMA+team+sign.jpg?format=1000w" /> <p>Edens Property Management Team (from left to right): Elizabeth O'Connor, Tom Murphy, Lynn Zbierski, Rudy Ricardo</p> <img class="thumb-image" alt=" Naperville Woods Property Management Team (from left to right): Scott Wilson, Julie Lee, Jennifer Lewand, John Willis, Tom Murphy&amp;nbsp; " data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad109380e2e7224def73f95/1523648832662/NW+BOMA+Team.jpg" data-image-dimensions="1500x1000" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ad109380e2e7224def73f95" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad109380e2e7224def73f95/1523648832662/NW+BOMA+Team.jpg?format=1000w" /> <p>Naperville Woods Property Management Team (from left to right): Scott Wilson, Julie Lee, Jennifer Lewand, John Willis, Tom Murphy&nbsp;</p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=jI_Rv9RjWuA:0TEpNEYuFko:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Fri, 13 Apr 2018 19:50:27 Z NAI Hiffman Naperville Woods and Edens Corporate Center win Midwest Regional TOBY Awards https://www.hiffmanblog.com/blog/2018/4/13-2 2018-04-13 19:50 +00:00 2018-04-13 14:50 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5ad0b7a28a922de8df7f4775 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/9BxdPVJihgs/13 Office New Business Lakeview Realty breaks ground on Romeoville spec office <img class="thumb-image" alt="lakeview rendering 2.JPG" data-image="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad0b916562fa7b8c91189a3/1523628331539/lakeview+rendering+2.JPG" data-image-dimensions="1161x582" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="5ad0b916562fa7b8c91189a3" data-type="image" src="https://static1.squarespace.com/static/50b4f61de4b0699441ebf315/t/5ad0b916562fa7b8c91189a3/1523628331539/lakeview+rendering+2.JPG?format=1000w" /> <p><strong>ROMEOVILLE, IL (April 12, 2018) –</strong> NAI Hiffman is proud to announce that Lakeview Realty has broken ground on a new speculative office development in Romeoville, IL. NAI Hiffman Executive Vice President Jim Adler will be representing Lakeview on the leasing of the property once construction is complete.</p><p>Principle Construction Corporation is handling the build and anticipates completion of the project by October 2018. &nbsp;Lakeview’s new office complex will have suites for up to ten tenants and will feature 10’ ceilings, 205 parking spaces, and five building entrances, plus potential individual suite entrances. Located in the I-55 corridor, this property is one of only a few office construction projects happening in the current suburbs market.</p><p><strong>About NAI Hiffman</strong></p><p>Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit <a target="_top" href="http://www.naihiffman.com/">www.naihiffman.com</a>.</p><p>Featured in <a href="http://www.globest.com/2018/04/11/spec-office-construction-coming-to-the-suburbs/?kw=Spec%20Office%20Construction%20Coming%20to%20the%20Suburbs&amp;et=editorial&amp;bu=REM&amp;cn=20180411&amp;src=EMC-Email&amp;pt=Chicago">GlobeSt.com</a> and <a href="http://www.rejournals.com/principle-construction-breaks-ground-on-spec-office-building-in-southwest-suburbs-20180409">RE Journals</a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?a=9BxdPVJihgs:MnESDlANP8w:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/NaiHiffmanBlog?d=yIl2AUoC8zA" border="0"></img></a> </div> Fri, 13 Apr 2018 14:05:58 Z NAI Hiffman Lakeview Realty breaks ground on Romeoville spec office https://www.hiffmanblog.com/blog/2018/4/13 2018-04-13 14:05 +00:00 2018-04-13 09:05 -05:00 50b4f61de4b0699441ebf315:51754a18e4b0280270e59fdd:5acf6b958a922debac079556 http://feedproxy.google.com/~r/NaiHiffmanBlog/~3/PGEF7GcGteU/11 Research Market Peek Industrial Office First Quarter 2018 Market Peek <html><head><title>First Quarter 2018 Market Peek</title></head><br /> <body rightmargin="0" leftmargin="0" topmargin="0"><meta name="x-apple-disable-message-reformatting"/>A First Look at Chicagoland Real Estate Statistics <table border="0" cellpadding="0" width="100%" cellspacing="0"><tr><td><img alt="" width="1" height="5" hspace="0" vspace="0" border="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"/></td><td width="600" valign="top" align="center"><table border="0" cellpadding="0" width="100%" cellspacing="0"><tr><td valign="top" align="center"><font face="verdana,arial" size="1" color="#000000"><center><table bgcolor="#ffffff" width="595" id="VWPLINK"><tr><td colspan="1" rowspan="1" width="100%">Having trouble viewing this email? <a track="off" shape="rect" href="http://campaign.r20.constantcontact.com/render?m=1110957924043&amp;ca=ddd63f03-3112-4ca2-8ede-d028418b6d34" target="_blank">Click here </a></td></tr></table></center></font></td></tr></table></td><td><img alt="" width="1" height="5" hspace="0" vspace="0" border="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"/></td></tr></table> <table border="0" bgcolor="#F1EDEE" cellpadding="0" width="100%" cellspacing="0" class="OuterBGColor"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Body"> <table border="0" cellpadding="0" width="100%" cellspacing="0" class="TopMarginBGColor"> <tr> <td colspan="1" rowspan="1" width="100%" valign="top" align="center"> <table border="0" cellpadding="0" width="1" cellspacing="0" class="TopMarginWidth"> <tr> <td colspan="1" rowspan="1" width="100%" valign="top" align="center" class="TopMargin"> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" width="1" cellspacing="0" class="MainWidth"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="OuterBorderBGColor OuterBorder"> <table border="0" bgcolor="#FFFFFF" cellpadding="0" width="100%" cellspacing="0" class="InnerBGColor"> <tr> <td colspan="1" rowspan="1" valign="top" align="center"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" width="100%" valign="top" align="center" class="Top"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table></td> </tr> </table> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" width="100%" valign="top" align="center" class="TopFullColumn"> <table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK3"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> First Quarter 2018 Market Peek &nbsp; </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK4"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> <span>NAI Hiffman is pleased to present the First Quarter 2018 Market Peek, a first look at the market statistics for the Chicago metropolitan office and industrial real estate markets.</span> </td></tr></table> <table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK5"><tr><td colspan="1" rowspan="1" valign="top" class="MainText Image"><br/> <a class="imgCaptionAnchor" track="on" shape="rect" href="http://www.hiffman.net/CC/marketpeek/1Q2018/ticker1Q2018.gif" alt="http://www.hiffman.net/CC/marketpeek/1Q2018/ticker1Q2018.gif" target="_blank"><img height="74" vspace="0" border="0" hspace="0" width="575" class="cc-image-resize" src="http://www.hiffman.net/CC/marketpeek/1Q2018/ticker1Q2018.gif"/></a></td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK7"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> Industrial: New Deliveries Slow, but Construction Pipeline Remains Solid </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK8"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> <span> <ul><li><span>Developers continue to manage new inventory to align with deal velocity and completions as construction deliveries totaled 2.5 million square feet (msf) during the first quarter of 2018, just over half of the 4.4 msf completed this time last year. This marks the lowest number of completions since third quarter 2014, where deliveries totaled 2.3 msf. The largest delivery was the RidgePort Logistics Center - an 810,000-square-foot (sf) speculative warehouse/distribution facility located in Wilmington that delivered vacant first quarter.</span></li><br/><li><span>A total of 12.6 msf is under development, with 73.9 percent of those projects under construction on a speculative basis. Build-to-suit projects under construction include the 1.3-msf facility for IKEA in Joliet that is nearing completion, and a 381,000-sf facility for CRRC Sifang America located on the south side of Chicago.</span></li><br/><li><span>Net absorption totaled 3.7 msf first quarter with companies including Kenco Group in Monee (701,000 sf), Central American Group in Romeoville (500,000 sf),The Clorox Company in Monee (402,000 sf) and Ozburn-Hessey Logistics in Bolingbrook (270,000 sf) all taking occupancy during the first three months of the year.</span></li></ul> </span> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK9"><tr><td colspan="1" rowspan="1" valign="top" align="center" class="MainText Image"><br/> <a class="imgCaptionAnchor" track="on" href="http://www.hiffman.net/CC/marketpeek/1Q2018/Industrial-1Q2018.gif" shape="rect" alt="http://www.hiffman.net/CC/marketpeek/1Q2018/Industrial-1Q2018.gif" target="_blank"><img height="257" vspace="0" border="0" hspace="0" width="372" class="cc-image-resize" src="http://www.hiffman.net/CC/marketpeek/1Q2018/Industrial-1Q2018.gif"/></a></td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK11"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="SubtitleText Subtitle"> <table cellpadding="3" cellspacing="0" align="center"><tr><td colspan="1" rowspan="1" class="mceSelected"><br/></td><td colspan="1" rowspan="1" class="mceSelected"> <strong><a track="on" href="http://www.hiffman.net/CC/marketpeek/1Q2018/NAI-Hiffman-Industrial-1Q18.pdf" shape="rect" linktype="1" alt="http://www.hiffman.net/CC/marketpeek/1Q2018/NAI-Hiffman-Industrial-1Q18.pdf" target="_blank">DOWNLOAD INDUSTRIAL MARKET PEEK</a>&nbsp;</strong> </td><td colspan="1" rowspan="1"/></tr></table> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" class="ContentDividerPadding"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" bgcolor="#BDBDBD" rowspan="1" align="center" class="ContentDivider ContentDividerColor" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table> </td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK14"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> <span>Office: Suburban and Downtown Vacancy Continues to Tighten; Leasing Activity Increases</span> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK38"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="TitleText Title"> <b>SUBURBS</b> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK16"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> <span> <ul><li><span> <span> <span>The suburban office market continued to improve during the first quarter in 2018. Positive absorption, albeit slight, occurred in consecutive quarters for the first time since 2015, driving down vacancy rates 36 basis points to 19.29 percent. Absent the previously announced departure of GE from a Barrington asset, the net absorption figures would have brought vacancy rates to a flat 19.0 percent. With 10 percent growth in new leasing activity over fourth quarter 2017, the encouraging velocity could suggest positive absorption is set to continue in 2018.</span> &nbsp;</span> </span></li><li> <span> <p><span>While agreements were structured for additional high value transactions, such as the $148 M Presidents Plaza purchase in O'Hare by Angelo Gordon, the largest deal to be closed in the first quarter was the sale of Windy Point II in Schaumburg for $43.9 M.&nbsp; It was acquired by Bridge Commercial Real Estate as part of a 13-property portfolio sale which also included Windy Point I for $27.5 M and 2300 Cabot Drive in Lisle for $20 M.</span></p> </span> </li></ul> </span> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK17"><tr><td colspan="1" rowspan="1" valign="top" align="center" class="MainText Image"><br/> <a class="imgCaptionAnchor" track="on" shape="rect" href="http://www.hiffman.net/CC/marketpeek/1Q2018/Suburbs-1Q2018.gif" alt="http://www.hiffman.net/CC/marketpeek/1Q2018/Suburbs-1Q2018.gif" target="_blank"><img height="257" vspace="0" border="0" hspace="0" width="372" class="cc-image-resize" src="http://www.hiffman.net/CC/marketpeek/1Q2018/Suburbs-1Q2018.gif"/></a></td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK39"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="TitleText Title"> <b>CBD</b> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK19"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> <span> <ul><li> <span> <span>In the CBD, market conditions also continued to steadily improve during the first quarter. The vacancy rate improved by 28 basis points to 12.0 percent as the market absorbed over 550,000 square feet. Overall leasing activity was also strong, as it increased by 18 percent over 2017 Q4, propelled by some large leases like Morgan Stanley's 122,256 square feet in the West Loop.</span> &nbsp;</span> </li><li> <span>With the Sterling Bay purchase of Prudential Plaza occurring just after the close of the first quarter, the largest acquisition to occur was made by the same company at 600 West Chicago for $510 M.</span> </li></ul> </span> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK20"><tr><td colspan="1" rowspan="1" valign="top" align="center" class="MainText Image"><br/> <a class="imgCaptionAnchor" track="on" href="http://www.hiffman.net/CC/marketpeek/1Q2018/CBD-1Q2018.gif" shape="rect" alt="http://www.hiffman.net/CC/marketpeek/1Q2018/CBD-1Q2018.gif" target="_blank"><img height="257" vspace="0" border="0" hspace="0" width="372" class="cc-image-resize" src="http://www.hiffman.net/CC/marketpeek/1Q2018/CBD-1Q2018.gif"/></a></td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK22"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="SubtitleText Subtitle"> <table cellpadding="3" cellspacing="0" align="center"><tr><td colspan="1" rowspan="1"><br/></td><td colspan="1" rowspan="1"> <strong><a track="on" href="http://www.Hiffman.net/CC/marketpeek/1Q2018/NAI-Hiffman-Office-1Q18.pdf" shape="rect" linktype="1" alt="http://www.Hiffman.net/CC/marketpeek/1Q2018/NAI-Hiffman-Office-1Q18.pdf" target="_blank">DOWNLOAD OFFICE MARKET PEEK&nbsp;</a></strong> </td><td colspan="1" rowspan="1"/></tr></table> </td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="center" class="Spacer" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" class="ContentDividerPadding"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" bgcolor="#BDBDBD" rowspan="1" align="center" class="ContentDivider ContentDividerColor" height="1"><img height="1" vspace="0" border="0" hspace="0" width="5" alt="" src="http://img.constantcontact.com/letters/images/sys/S.gif"/></td> </tr> </table> </td> </tr> </table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK16"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="MainText Content"> Learn More <br/></td></tr></table><table border="0" cellpadding="0" width="100%" cellspacing="0" id="content_LETTER.BLOCK26"><tr><td colspan="1" rowspan="1" valign="top" align="left" class="Content"> <table cellpadding="3" cellspacing="0" align="none"><tr><td colspan="1" rowspan="1"> <span>For further information regarding the content of this market peek or if you are interested in attending a custom market overview presentation, please contact:</span> <br/> <strong>AMANDA ORTIZ&nbsp;</strong><br/> Director of Research 630-693-0645 aortiz@hiffman.com </td></tr></table> </td></tr></table></td> </tr> </table> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" rowspan="1" valign="top" align="left" class="Middle"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> <tr> <td colspan="1" bgcolor="#F1EDEE" rowspan="1" valign="top" align="center" class="SideColumnBGColor"> <table border="0" cellpadding="0" width="100%" cellspacing="0"> 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