fbpx
July 2017

NAI Hiffman’s Bronson and Will represent Nidec Shimpo America Corporation in building sale

ITASCA, IL (July 5, 2017) –  NAI Hiffman is pleased to announce that it has represented Nidec Shimpo America Corporation in its sale of 1701 Glenlake Avenue in Itasca, Illinois.

Executive Vice President, Joe Bronson and Associate, Josh Will, represented Nidec Shimpo, the leading supplier of drive technology and gearing solutions in the industrial marketplace, in the sale of the 24,428-square-foot building to The Finer Line. Nick Eboli of Lee & Associates represented the buyer. 

With close proximity to I-290, 1701 Glenlake Avenue features 6,167 square feet of office space, 2 interior docks with levelers, 1 drive-in door, 19’ clear height and parking to accommodate 51 cars.

“This listing saw a good amount of activity due to the size and location,” said Will. “There were little to no other options near Itasca at the time that had high office ratio and high ceilings in that size range. Steve Kirby from Growth Corp was key in securing financing for the transaction.”

Featured in Chicago Daily Herald; Chicago Property Executive; REjournals

 

Recent Blog Posts

News
Research
Hiffman Releases Year End Construction Pipeline Report
February 2024

Hiffman Releases Year End Construction Pipeline Report

Advisory Services
Capital Markets
News
Commercial Foreclosures Are Steadily Rising
February 2024

Commercial Foreclosures Are Steadily Rising

Brokerage
News
Research
NAI Hiffman expert predicts a strong new normal in Chicago’s industrial sector
February 2024

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