February 2016
NAI Hiffman grows Chicago office management presence; awarded assignment of 100 N LaSalle
CHICAGO (February 9, 2015) – NAI Hiffman is pleased to announce that it has been awarded the management of 100 North LaSalle Street in Chicago by Sun Life Investment Management. The 160,000-square-foot, 25-story office tower is located at the northwest corner of LaSalle Street and Washington Street. The assignment represents NAI Hiffman’s fourth office management assignment in downtown Chicago. Sun Life has been a long-term client of NAI Hiffman, who currently manages its Chicago portfolio.
“Actively growing our downtown office management portfolio has been a top priority for NAI Hiffman. We are proud of the four new assets we’ve recently been hired to manage in the CBD and are excited to keep growing our presence,” said Bob Assoian, Managing Director with NAI Hiffman’s Management Services group. “We have the experience, tools and personnel equipped to service our clients no matter their geographic location.”
“NAI Hiffman has proven to be a top management firm in Chicago,” said Chuck Andes, Managing Director with Sun Life Investment Management. “We’ve been successful repositioning 29 North Wacker and I have confidence we will demonstrate the same success together at 100 North LaSalle.”
Sun Life has been strategic in entering the Chicago CBD, with its first downtown acquisition of 29 North Wacker Drive in 2010 where NAI Hiffman played a major role in its $9 million, multi-phase renovation, helping transform the asset to reposition its identity as a premiere boutique office building. 29 North Wacker Drive also achieved LEED Gold certification under NAI Hiffman’s management. Sun Life aims to tell a similar success story at 100 North LaSalle with plans to invest additional capital into building systems and tenant amenities.
About NAI Hiffman
Comprised of over 150 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 47+ million SF portfolio of over 500 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property.