NAI Hiffman completes several retail and office leases in Western Suburbs
As seen in RE Journals
NAI Hiffman has recently completed a slew of retail and office leases in the western suburbs, totaling more than 84,000 square feet.
Lifestyle retail center Oak Brook Promenade has seen a recent flurry of leases signed, including an office transaction, totaling 34,896 square feet, bringing a wide range of new merchants to the western suburbs. Most recently, Select Comfort , known for their Sleep Number beds, signed a lease for 3,570 square feet and will open their doors at the center in the fourth quarter. Thomasville Furniture , which will open in the next few weeks, took the largest space in the center, consummating a long-term lease for 12,406 square feet next door to Italian steakhouse, Grotto Oak Brook, overlooking the public fountain and walkways.
Totopo Mexican grill also recently opened a 3,314-square-foot restaurant next door neighbor Kona Grill.
Packaging design firm TricorBraun has taken 9,038 square feet of office space above Thomasville, and will open its doors in the fourth quarter.
Claire Bitautas and Anne Callard of NAI Hiffman handle the retail leasing for the Promenade, while Brian Edgerton, also with NAI Hffiman, represents the center for office tenants.
In a separate transaction, NAI Hiffman’s office leasing team recently reported that it completed more than 50,000 square feet in leases on behalf of The Hayman Company, court appointed receiver for Roosevelt Glen Corporate Center in Glen Ellen, Illinois. The property, a 233,000-square-foot, seven-building complex which went into receivership just over a year ago, is located at the southwest corner of Route 53 and Route 38 in Glen Ellyn, Illinois, just west of I-355. Since being awarded the assignment, NAI Hiffman’s team has brought the complex to sixty percent occupancy through renewals, expansions, and new tenant signings.