NAI Hiffman

NAI Hiffman report: Suburban Chicago office sector still working through challenges

Rocky. That's the word that NAI Hiffman used to describe the Chicago suburban office market in its second-quarter metropolitan Chicago office report.

Checking the pulse of Illinois’ healthcare sector

Unlike more cyclical sectors such as office or retail, healthcare and medical office development through Illinois hasn’t experienced a significant downturn, largely because of its…

Chicago industrial vacancy up, market fundamentals remain strong

The Chicago industrial real estate market, once on a blistering pace, is experiencing a period of recalibration in 2024. While vacancy rates have ticked up…

Reimagining workspaces: Office-to-warehouse conversions address Chicago’s industrial space crunch

A scarcity of industrial space in the Chicago area is driving a growing trend: the conversion of aging office buildings into warehouses. This shift reflects…

Meeting the soaring demand: Karis project in Bridgeport to provide some relief to end users seeking coveted cold-storage space

Demolition is now underway at 3815 S. Ashland Ave. in Chicago's Bridgeport neighborhood, construction work that will soon result in the development of a nearly…

NAI Hiffman celebrates completion of 42,000-square-foot medical office building in Orland Park

NAI Hiffman recently joined representatives from Silver Cross Hospital and Premier Suburban Medical Group (PSMG) to celebrate the completion of the Orland Park Medical Pavilion, a…

IllinoisHealthcare

NAI Hiffman represents pediatric therapy provider in its expansion in Chicago’s west suburbs

NAI Hiffman represented Hummingbird Pediatric Therapies in its expansion to a third location in Chicago’s west suburbs. Hummingbird signed a lease for 10,523 square feet within…

IllinoisMidwestCRE

Commercial Real Estate Hall of Fame: NAI Hiffman’s Adam Roth

Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. Here's a look at one of…

IllinoisIndustrial

2024? NAI Hiffman expert predicts a strong new normal in Chicago’s industrial sector

Reshoring. The rising demand for cold storage. And Chicago’s status as the hub of the country’s warehousing and distribution network. These are all reasons why…

IllinoisIndustrial

The future remains bright. But NAI Hiffman report details challenges, too, for Chicago industrial market

Demand for industrial space in the Chicago market might be down from the historic highs reached in 2021 and 2022, but that doesn't mean that…