April 2018
Larry Much represents CN Development in sale of Romeoville industrial building
ROMEOVILLE, IL (April 30, 2018) – NAI Hiffman is pleased to announce it has represented the seller in the recent sale of 525 Anderson Drive in Romeoville. Estes Construction purchased the 32,291-square-foot property from CN Development.
The building features 5,598 square feet of office space, 17 exterior docks, and 3,328 square feet of truck maintenance space. “The concept of this building is unique as it creates an opportunity for transportation and logistics companies to be able to do maintenance work on their own tractors versus outsourcing the repairs. This change can greatly affect the organization’s bottom line.” said NAI Hiffman’s Larry Much SIOR, who brokered the transaction.
NAI Hiffman Executive Vice President Larry Much, SIOR and former Vice President Adam Naparsteck represented CN Development in its sale to Estes Construction.
About NAI Hiffman
Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit www.naihiffman.com.
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