February 2014

First Industrial sells 160,000 SF building in Elk Grove Village

  Source: CoStar

Source: CoStar

NAI Hiffman represented First Industrial Realty Trust, Inc. in the sale of 1850 Touhy Ave. to BK Equities. The 169,000-square-foot industrial property is located southeast of the Route 83 and Landmeier Road intersection in Elk Grove Village. Rather than building new construction, BK Equities plans to keep the building and lease it to tenants in the O’Hare submarket. Eric Tresslar, executive vice president, Joe Bronson, SIOR, vice president, and Kyle Barrett, Associate, with NAI Hiffman’s industrial services group, represented First Industrial in the transaction. Matthew Stauber of Colliers represented the buyer, BK Equities.  

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Also mentioned in the Daily Herald Business Ledger

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