Midwest
NAI Hiffman Brokers Illinois Office Sale
Heidner Property Inc. bought the 37,500-square-foot property in Hoffman Estates, Ill., for $3.2 million and will relocate to the new address from Glendale Heights, Ill.
NAI Hiffman Arranges Chicago Warehouse Lease
Sunbelt Rentals is the new tenant of a 29,000-square-foot warehouse in Chicago’s Logan Square neighborhood. The facility was formerly occupied by ComEd.
Opening of Waukegan Amazon Distribution Center on Track
The new facility bears the signature of Bridge Development Partners and is expected to be fully functional by the end of July 2017.
Copaken Secures Full Price for Kansas Flex Building
The 37,585-square-foot facility in Lenexa’s Pine Ridge Business Park sold for $4 million after being on the market for a year and a half.
SVN Mediates Sale of Chicago Retail Center
The 6,600-square-foot Northfield property was completed in 2015 and is fully leased to three tenants, one of them being Dunkin Donuts.
Life Storage Acquires 3-State, 18-Asset Portfolio
The investment trust acquired 1.5 million square feet of self-storage space in Arizona, Nevada and Tennessee. Since the beginning of 2017, Life Storage has purchased 25 assets.
Chicago’s Blackstone Hotel Joins Autograph Collection
The Blackstone has found a new home in the Autograph Collection Hotels, given its rich history, exceptional design and iconic reputation. Known as the “Hotel of Presidents” for more than 100 years, the property has hosted U.S. presidents, foreign dignitaries, actors and more than a dozen movie productions.
Friedman Negotiates Illinois Flex Space Lease
Crystal Chem leased the 5,673-square-foot facility in Regent O’Hare business park, close to its main office in Downers Grove.
Knoxville Gives It the Old College Try
The availability of affordable housing and favorable business costs make the area a fertile environment for new ventures. Home to the University of Tennessee, the market benefits from a steady stream of qualified professionals in some of the most promising job sectors.
Opus Hands In Two Customized Developments
The two buildings are part of the Oakview Corporate Park in West Dundee, Ill. and offer a total of more than 157,400 square feet of office and warehouse space.