May 2023
Paddy Dwyer Brokers 10,000 SF Lease in Bensenville
Brown Commercial Group negotiated three industrial transactions, including a 46,500-square-foot sublease in the O’Hare submarket that will allow one business to reduce its excess space and another to secure below market rent.
Broker Candace Scurto represented the tenant, Boom Country Tire in subleasing the space at 2450 Lunt Ave. in Elk Grove Village, Illinois. The business recently merged with another company and no longer needs the space. Brown Commercial Group Vice President of Sales Mason Hezner represented Safeway Transportation in subleasing the space for its school bus transportation business.
Scurto also negotiated:
- A 10,000-square-foot lease at 532-534 N. York Road in Bensenville, Illinois. Meikem Supply is expanding its detergent supply business from a 6,000-square-foot space in Elk Grove Village. Paddy Dwyer of NAI Hiffman represented the landlord.
- A 3,168-square-foot lease at 1508 E. Algonquin Road in Arlington Heights, Illinois. Scurto represented the landlord in leasing space to Fritz Konstruction.
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 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 250 employees nationally and an additional six hub locations and 25 satellite offices across North America.