NAI Hiffman

Newmark Knight Frank industrial team completes five transactions in Illinois

Newmark Knight Frank (NKF) announced that senior managing director Elise Couston, SIOR and associate Jimena Sayavedra have completed three industrial lease transactions and two acquisitions…

Clear Height Properties/Buligo Capital Partners joint venture acquires Oak Brook office building

A joint venture between Clear Height Properties and Buligo Capital Partners has acquired and plans to reposition 814 Commerce Drive in Oak Brook, Illinois. The…

Former Wrigley Gum factory site getting a new lease on life with 250K spec warehouse development

NAI Hiffman has been retained by Karis Industrial and Stonemont Financial Group to lease South Branch Commerce Center at 3535 S. Ashland Avenue in Chicago's…

For the East-West corridor, vacancy is an opportunity not a liability

Between the 3rd and 4th quarters of 2019, per NAI Hiffman data, Chicago's overall suburban vacancy rate rose slightly—up 13 basis points to 18.68 percent.…

Chicago chapter of SIOR appoints 2020 executive board officers

The Chicago chapter of the Society of Industrial & Office Realtors (SIOR) recently named their new executive board officers for the year 2020. Tom Boyle,…

NAI Hiffman completes 145,000-SF industrial lease for CPG.IO in Addison

NAI Hiffman represented CPG.IO in a 144,614-square-foot lease at 1150 N. Swift Road in Addison, Illinois. Cushman & Wakefield represented Lincoln Property Company, which leases…

Vienna Beef moving to new headquarters on Chicago’s West Side

Chicago-based Dayton Street Partners has leased 2501 West Fulton in Chicago to Vienna Beef. The company will take the whole building when it moves its…

Clear Height Properties inks four new office leases in western suburbs

Clear Height Properties has recently signed four new leases in buildings it owns and manages in Chicago's western suburbs.

The nonprofit niche: A world of low rents and high concessions

A nonprofit organization is an office user unlike any other, one that usually commands the lowest rents in a property or that is able to…

Spec suites and shared office program kicked off at Concourse Chicago

Berger Asset Management and NAI Hiffman have just launched a spec suites and shared office program at the newly renovated Concourse Chicago, the 12-building, 165,000-square-foot…