Hiffman Deals Rank Among Top Third Quarter Transactions

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As published in CoStar’s Quarterly List of Market-Leading-Deals and Dealmakers

CoStar Research released its quarterly recap of significant industrial lease transactions. Third quarter 2022 winners of the CoStar Power Broker Quarterly Deal Awards included:

310 Overland Drive, North Aurora, IL 

Space Leased: 543,638 SF
Deal Type: New Lease
Tenant: Midwest Warehouse
Brokers: Daniel Leahy and Kevin Cooney of NAI Hiffman represented the landlord; Brian Kling and Reed Adler of Colliers represented the tenant
Deal Commentary: The Opus Group scored a tenant in July for the speculative warehouse it completed earlier this year within the Tollway Corporate Center in North Aurora. Midwest Warehouse leased the entire 543,638 square-foot complex, also known as Building B, and took occupancy in September.

760 E North Avenue, Glendale Heights, IL 

Space Leased: 115,924 SF
Deal Type: New Lease
Tenant: OMG
Brokers: Eric Tresslar, Mike Freitag and Kelly Disser of NAI Hiffman represented the landlord
Deal Commentary: OMG Inc., a manufacturer and global supplier of high-performance products for the commercial roofing industry, signed a lease to take over 760 E North Ave. in Glendale Heights. Building owner ML Realty Partners developed the distribution on speculation in 2020 near Interstate 355. OMG is the first tenant to occupy the building.