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IllinoisIndustrial

NAI Hiffman brokers $36 million sale-leaseback of 251,909-square-foot warehouse near O’Hare International Airport

August 24, 2022
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NAI Hiffman recently brokered the sale-leaseback of a 251,909-square-foot warehouse located at 1455 W. Thorndale Ave. in Itasca, a few miles from O’Hare International Airport.

Executive Vice President of Capital Markets Patrick Sullivan and Executive Vice President of Industrial Services Eric Tresslar, represented Top-Line Furniture in the $36 million sale of its facility to High Street Logistics Properties, headquartered in Woburn, Massachusetts. Top-Line Furniture subsequently entered into a long-term lease for the property.

1455 W. Thorndale Ave. is located in the O’Hare submarket, where the current vacancy rate is 2.09%, according to NAI Hiffman.

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