From “Cawley Commercial closes three new leases at Chicago manufacturing campus” – RE Journals

March 3, 2026

Cawley Commercial closes three new leases at Chicago manufacturing campus

Cawley Commercial Real Estate executed three new leases at 4800 & 4850 S. Kilbourn Ave. in Chicago, Illinois, a 237,694-square-foot industrial manufacturing campus owned by AIC Industrial.

Together, these transactions bring the campus to 42% occupancy, reflecting continued leasing momentum and strong market demand for functional industrial space within Chicago’s infill locations.

Cawley CRE’s Frank Melchert, Stevan Arandjelovic, and Simon Porras secured a 34,836-square-foot lease at 4800 S. Kilbourn Avenue with Chicago Metal Fabricators for a 36-month term. At 4850 S. Kilbourn Avenue, the Cawley team completed a 22,148 square‑foot lease with Chicago Moonwalks Inc. for a 60‑month term and concurrently finalized an 84-month lease for the property’s 6,198-square-foot garage building with The Experts 1 HVAC Inc. Chicago Moonwalks Inc. was represented by Adam Roth and Wilson Starr of NAI Hiffman, while Alex Sutterer and Patrick Clifford represented Chicago Metal Fabricators, also NAI Hiffman.

Currently offered for sale and for lease, 4800 & 4850 S. Kilbourn Avenue presents a compelling opportunity for both owner-users and investors. As the exclusive brokerage representative, Cawley CRE is actively marketing the remaining 138,898 square feet across the two-building complex. Situated on 8.58 acres and located within one mile of two I-55 interchanges, the property offers a rare combination of scale and flexibility for industrial and manufacturing users. Notable features include four overhead bridge cranes, substantial power capacity, and adaptable layouts capable of supporting a wide range of operational requirements.

The campus also benefits from exceptional transportation access, including proximity to Chicago Midway International Airport, immediate connectivity to I-55, nearby CTA transit options, and multiple intermodal rail yards, all supported by a deep and established labor pool.

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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 an award winning company headquartered in suburban Chicago, with more than 275 employees strategically located throughout North America.

About Hiffman National:

Hiffman National is one of the US’s largest independent commercial real estate property management firms, providing institutional and private clients exceptional customized solutions for property management, project management, property accounting, lease administration, marketing, and research. The firm’s comprehensive property management platform and attentive approach to service contribute to successful life-long relationships and client satisfaction. As a nationally bestowed Top Workplace, and recognized CRE award winner, Hiffman National is headquartered in suburban Chicago, with more than 275 employees nationally and an additional six hub locations and 25 satellite offices across North America.