{"id":1004163758,"date":"2017-01-11T07:31:13","date_gmt":"2017-01-11T15:31:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004163758"},"modified":"2022-12-08T12:46:11","modified_gmt":"2022-12-08T20:46:11","slug":"nai-hiffman-closes-sale-of-chicago-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-hiffman-closes-sale-of-chicago-industrial-asset\/","title":{"rendered":"NAI Hiffman Closes Sale of Chicago Industrial Asset"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004163759\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004163759\" data-attachment-id=\"1004163759\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-hiffman-closes-sale-of-chicago-industrial-asset\/of-830-w-40th-st-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png\" data-orig-size=\"800,716\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"of 830 W. 40th St., Chicago\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png?w=800\" loading=\"lazy\" class=\"wp-image-1004163759 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png\" alt=\"830 W. 40th St., Chicago\" width=\"300\" height=\"269\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png?resize=300,269 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/of-830-W.-40th-St.-Chicago.png?resize=768,687 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004163759\" class=\"wp-caption-text\">830 W. 40th St., Chicago<\/p><\/div>\n<p><strong>Chicago<\/strong>\u2014NAI Hiffman recently announced the sale of 830 W. 40<sup>th<\/sup> St., a 74,997-square-foot industrial property in Chicago. Chris Gary and Joe Bronson, both executive vice presidents with NAI Hiffman, represented the buyer, Hog Shed Ventures LLC. George Maragos, Mitch Adams and Nicole Mnetone of CBRE represented the seller, VK 830 W. 40TH LLC.<\/p>\n<p>The building will be the home of Frost Lighting, which is a full-service event production company.<\/p>\n<p>The property\u00a0features 9,150 square feet of office space, 160 parking spaces, with an option to expand, 18-foot clear ceiling height, and three interior loading docks.\u00a0Situated on a 5-acre lot, the industrial asset is just minutes away from nearby transportation routes, including I-90, I-94 and the Stevenson Expressway.<\/p>\n<p>\u201cThe building really suits our company\u2019s growth\u2026we had outgrown our prior location on Goose Island, especially in terms of parking,\u201d David Kelly, president of Frost Lighting, said in a statement.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building will serve as the home of Frost Lighting, a full-service event production company. <\/p>\n","protected":false},"author":436,"featured_media":1004163759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21748,13,21742],"tags":[32789,33414],"class_list":["post-1004163758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-industrial","category-midwest","category-latest","tag-cbre","tag-nai-hiffman"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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