John Whitehead, Jack Brennan represent TradeLane in North Aurora Lease
NAI Hiffman Executive Vice Presidents – Industrial Services, John Whitehead and Jack Brennan represented the landlord, TradeLane Properties on a lease agreement for Nova Medical Products at 410 Smoke Tree Plaza in North Aurora, a development slated for a Q2 2024 delivery.
“It was a pleasure to represent TradeLane Properties and Phelan Development in its lease negotiation with Nova Medical Products,” said Brennan. “TradeLane and Phelan have been long-time clients of the firm and it’s been great to strengthen our relationship with them, while kicking off this exciting project with a lead Tenant such as Nova. Nova is exactly the type of operator NAI Hiffman and TradeLane envisioned occupying space when planning this development in 2021. We’d like to thank cooperating brokers John Cassidy and Ken Franzese with Lee & Associates for their efforts in getting this done. We are excited to welcome Nova to Park 88, the Village of North Aurora, and we look forward to continued pre-leasing momentum in the park.”
“Park 88 is a best-in-class logistics park that was designed with tenants like Nova Medical Products in mind,” said TradeLane Vice President, leasing and acquisitions, Brendan Sheahan. “We are happy to welcome Nova as our newest customer and look forward to building our relationship at Park 88. TradeLane Properties and Phelan Development would like to thank John Cassidy and Ken Franzese for entrusting us with their long-time client as well as Jack Brennan and John Whitehead for their ongoing efforts in leasing at the park.”
The 91,956 square foot space is part of a 165,928 square foot building located in the Park 88 Logistics Center with immediate access to I-88 via Route 31.
TradeLane Properties is a privately held industrial real estate company operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, San Antonio, Houston and Dallas-Fort Worth.
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.