Industrial activity continues; NAI Hiffman completes 4 transactions in O’Hare and South Cook submarkets

OAKBROOK TERRACE, IL (June 22, 2016) – NAI Hiffman’s Joe Bronson recently completed 4 industrial transactions totaling nearly 170,000 square feet. In the largest transaction, Neill Leasing Company purchased 7424 South Mason Avenue, an 86,250-square-foot building in Bedford Park, from Chicago Title Land Trust Company.

At 1100 Pratt Boulevard in Elk Grove Village, Phoenix Binding, a full service trade bindery and print finishing company, renewed its 39,500-square-footlease with Prologis. Also in Elk Grove Village, Midland IRA sold an 8,000-square-foot building located at 645 Lunt Avenue to Basic Holdings, Inc.

Lastly, MJ Celco, Inc. purchased 3759 North Willow Road, a 36,000-square-foot industrial building, from Willow 3759 LLC in Schiller Park.

Joe Bronson, Executive Vice President with NAI Hiffman’s Industrial Services group, represented Neill Leasing Company, Phoenix Binding, Midland IRA, Willow 3759 LLC and MK Celco, Inc. in the separate transactions. Jonathan Kohn with Colliers represented Basic Holdings, Inc.

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 54+ million SF portfolio of over 600 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.

Mentioned in The Daily Herald