August 2024
CLOOS North America Opens New HQ with Help from Hiffman
CLOOS Robotic Welding, Inc. recently celebrated the grand opening of their new North American headquarters in Schaumburg with Hiffman heavily involved in the real estate process from start to finish.
Hiffman Executive Vice President – Industrial Services, Joe Bronson, began discussions with CLOOS in June, 2021 when the company began the search for a North American headquarters location.
Through their search, Bronson and CLOOS narrowed the search down to three possibilities with a shell building in Schaumburg winning out because of the location, size, image and highway visibility.
After the site selection process, Bronson helped guide the welding automation supplier through the purchase to building out a state-of-the-art facility, bringing in the expertise of Hiffman’s Project Services team.
Scope of Work
- Perform property inspections to identify construction deficiencies prior to sale closing
- Work on behalf of CLOOS to enforce warranties from new construction to correct certain work
- Created project timeline that outlined anticipated design, bidding, permitting, construction and FFE installation
- Created competitive bidding process which ensured the best value for the client with respect to project professionals and contractors
- Created exit strategy for existing asset occupied by CLOOS prior to moving
- Ensured schedule enforcement, administered all contract documentation through closeout
Strategy
- Maximize the available capital to deliver CLOOS a new North American headquarters facility that showcases the company’s innovative products and services, while managing the timeline established during the building acquisition process.
Results
- Completed the project in 12 months from the start date, allowing the client to celebrate their grand opening as outlined by the original timeline set by Hiffman Project Services.
- Collaboration between Brokerage and Project Services teams delivered seamless service to CLOOS throughout entire project including the negotiated purchase of the new facility, the disposition of the previous building, and coordination and management of the construction process.
- CLOOS North America opened a spectacular new facility that demonstrates the company’s innovation and product sophistication; the building design includes large exterior windows, a clean, modern appearance, and prominent signage that takes full advantage of the increased visibility that comes with the location’s excellent I-90 exposure.
For more information on Hiffman’s project services team, please contact:
Tom Murphy
Managing Director, Head of Project Services
847-272-7063
tmurphy@hiffman.com
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 250 employees strategically located throughout North America.
About Hiffman National:
Hiffman National is one of the US’s largest independent commercial real estate property management and advisory firms, providing institutional and private clients exceptional customized solutions for property management, facility management, advisory services, accounting, lease administration, lender services, project management, 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 recognized Top Workplace, and perennial CRE award winner, Hiffman National is headquartered in suburban Chicago, with more than 275 employees nationally and an additional four hub locations and 15 satellite offices across North America.