fbpx
October 2008

NAI HIFFMAN BROKERS SALE OF 111,355-SQUARE-FOOT INDUSTRIAL FACILITY

naihiff_algonquinindust_webARLINGTON HEIGHTS, ILL. — Chicago-based NAI Hiffman has brokered the sale of a flex building located at 545 Algonquin in Arlington Heights. The 111,355-square-foot facility was 80 percent leased at the time of closing, which reflected a recent expansion by anchor tenant Intertek. A private Chicago/Minneapolis-based investor has acquired the industrial property from ACG Management for an undisclosed amount. Art Burrows and John Bullen of NAI Hiffman’s Investment Services Group represented the seller in the transaction. The buyer negotiated the acquisition in-house.
Source: REBusinessOnline.com

Recent Blog Posts

Brokerage
News
Research
Examining Chicagoland’s Single-Story Office Market
August 2020

Examining Chicagoland’s Single-Story Office Market

News
Research
Second Quarter 2020 Market Peek
July 2020

Second Quarter 2020 Market Peek

Culture
NAI Hiffman
June 2020

#happytohelp Last Stop Delivering Local Treats to First Responders