May 2013

Principal Real Estate Investors sells 171,935-square-foot building in Naperville

NAI Hiffman represented seller, Principal Real Estate Investors, and buyer, Reebie Moving and Storage, in a transaction for a 171,935-square-foot building in Naperville.

Reebie Moving & Storage purchased the two-tenant property to supplement its existing location for moving services. 61,000 square feet remains available for lease within the building, located at 720 Frontenac Road. The facility offers 24-foot clear ceiling height, excellent distribution space, access to I-88 and on-site trailer parking.

Mark Moran, executive vice president, and John Whitehead, vice president, with NAI Hiffman’s industrial services group, represented Principal Real Estate Investors in the transaction. Kelly Disser, vice president, also with NAI Hiffman, and Brian Carroll with Newmark Grubb Knight Frank both represented Reebie Moving and Storage.

Source: RE Journals

Also mentioned in the Daily Herald Business Ledger

Also mentioned in REBusinessOnline

Also mentioned in Real Estate Bisnow

Recent Blog Posts

Brokerage
News
Thought Leadership
CPE Executive Council: Tenant Expectation Trends
July 2025

CPE Executive Council: Tenant Expectation Trends

News
Property Management
Research
Thought Leadership
Managing The Modern Class CBD Building: Costs, Challenges and the Role of Property Managers
July 2025

Managing The Modern Class CBD Building: Costs, Challenges and the Role of Property Mana...

Brokerage
Capital Markets
News
Thought Leadership
CRE Debt Distress Lingers as Office Delinquency Rate Hits New Record
July 2025

CRE Debt Distress Lingers as Office Delinquency Rate Hits New Record