January 2025
NAI Hiffman brokers sale of 4-acre industrial outdoor storage property in West Chicago
NAI Hiffman brokered the sale of a 4-acre industrial outdoor storage property at 2351 Powis Road in West Chicago, Illinois, for $4.225 million.
The property includes 11,000 square feet of shop/fabrication space in two buildings, a paved, fenced concrete yard, and mobile office trailer. A truck scale is also on-site.
The brokerage team, including NAI Hiffman Executive Vice Presidents Kelly Disser and Michael Freitag, Senior Associate Bill Byrne and Associate Broker TJ Feeney, represented the seller, a private investor group the Disser/Freitag team also represented in the original September 2023 acquisition, when the property traded for $2.4 million.
Constructed in 1993, 2351 Powis Road is zoned for office, research and light industrial uses with a planned unit development overlaid that permitted certain outdoor storage uses.
About Hiffman National:
Based in the Chicago area, with an additional five regional hubs and 30 satellite offices, Hiffman National provides superior property management, project services and accounting services to a diverse portfolio including office, medical office, retail and industrial properties nationally. The firm’s comprehensive property management platform and attentive approach to service contributes to client NOI and has helped the firm to more than double in size in five years. Hiffman National is an award-winning company with more than 250 employees strategically located throughout North America.
About NAI Hiffman:
NAI Hiffman is one of the largest independent commercial real estate services firms in the US, with a primary focus on metropolitan Chicago, and part of the NAI Global network. We provide institutional and private leasing, property management, tenant representation, capital markets, project services, research, and marketing services for owners and occupiers of commercial real estate. To meet our clients’ growing needs outside of our exclusive NAI Hiffman territory, we launched Hiffman National, our dedicated property solutions division, which provides property management, project services, and property accounting services across the country. NAI Hiffman | Hiffman National is and award winning company headquartered in suburban Chicago, with more than 250 employees strategically located throughout North America.
