January 2016
NAI Hiffman represents Heller Industrial Parks in 254,425 SF Lease Renewal in Bridgeview
BRIDGEVIEW, IL (January 29, 2016) – NAI Hiffman represented Heller Industrial Parks in its lease renewal with Oak Creek Distribution (HOBO) for 254, 425 square feet of industrial space in Bridgeview, Illinois. Oak Creek Distribution (HOBO) is known as the Home Owners Bargain Outlet and operates 6 locations throughout Chicagoland and southeast Wisconsin. The building is located at 7557-7575 South 78th Avenue near the intersection of I-55 and I-294 and is a primary distribution hub for the company.
Heller Industrial Parks and NAI Hiffman have a long history of success explains Fred Kurtz, “Steve Connolly and Larry Much from NAI Hiffman have represented Heller for the past 10 years and in our most recent lease extension with HOBO; we value our relationship with NAI Hiffman in helping to keep our Chicago asset 100% leased.”
Steve Connolly, SIOR, and Larry Much, SIOR, both Executive Vice Presidents with NAI Hiffman’s Industrial Services group, represented Heller Industrial Parks in the transaction.
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.
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