June 2016

NAI Hiffman completes 3 industrial leases totaling over 300,000 SF

OAKBROOK TERRACE (June 1, 2016) – Whit Heitman, Sam Badger, SIOR and Brad Weiner of NAI Hiffman recently completed 3 transactions totaling 310,569 square feet of industrial space in Chicago’s North Cook and Lake County submarkets.
Horizons Window Fashions signed a lease expansion for 128,296 square feet in Prudential’s Amhurst Lake Business Park in Waukegan, Illinois. Located at 1665-1705 Waukegan & 1455-1465 Lakeside Drive, the property is located just two miles north of a full interchange with I-294 and Route 137. The deal was contingent on being able to relocate another tenant so that Horizon was able to expand its space.
Direct mail production and integrated marketing company, Johnson & Quin, signed a lease renewal for its 105,000-square-foot space with CenterPoint Properties at 7460 Lehigh Avenue in Niles. NAI Hiffman originally represented Johnson & Quin on a sale leaseback for the facility and they have since renewed.
Lastly, Durable Packaging International, an aluminum foil product manufacturer, signed a new lease for 77,273 square feet with Jupiter Aluminum Corp at 475 Allendale Drive in Wheeling. 
Whit Heitman, Sam Badger, SIOR and Brad Weiner with NAI Hiffman’s Industrial Services group represented PR Amhurst Lake, LLC, Johnson & Quin, and Jupiter Aluminum Corp and in the three separate transactions. Thomas Boyle and Jared Paff with Transwestern represented Horizons Window Fashions. Durable Packaging International was represented by David Bercu with Colliers.
About NAI Hiffman
Comprised of over 150 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 54+ million SF portfolio of over 600 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property.

Mentioned in RE Journals and The Daily Herald

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