5 Ways to Put the Earth Back into Earth Day

Did you know that the energy used by a building to support just one office worker for a day causes over two times more greenhouse gas emissions than that person's drive to and from work? 

This week, property management teams at many of our office buildings are promoting activities to better the planet, reaching more than 4,500 people. Although these may be small changes, together we can make a positive impact. Take a look at the ideas below to save energy at work and help fight climate change.

Plant - Get outdoors, enjoy the fresh air, beautify your grounds, and get started on the many benefits that plants provide us. Stop by your local home improvement store to pick up seeds or saplings; it’s a simple, low cost way to give back to the Earth.

Recycle - Recycle and use recycled products. Products made from recycled paper, glass, metal and plastic reduce carbon emissions because they use less energy to manufacture than products made from completely new materials. 

Take the stairs - Reduce energy consumption, save yourself waiting time, and get some free exercise by skipping the elevator to take the stairs. It might seem like a small step for change, but it’s a green thing to do. Any energy saved is good for the environment.

Walk, hike, bike - Take part in reducing vehicle emissions today. Instead of driving, try to walk, hike or bike to your destination. 

Power down - Turn off your lights and power down your computer when they’re not in use to help reduce our carbon footprint. Make sure your computer is set to a power-save mode after a short amount of idle time. The EPA recommends 15 minutes for your monitor and 30 minutes for your computer.

For additional tips, click here to view ENERGY STAR's tips to save energy at work.

NAI Hiffman commits to long-term, full-floor in new space at One Oakbrook Terrace

lobby

NAI Hiffman is pleased to announce the relocation and long-term commitment of its corporate headquarters at One Oakbrook Terrace, located at the intersection of Butterfield Road and 22nd Street in Oakbrook Terrace, Illinois. NAI Hiffman is a full-service, third-party provider of commercial real estate services in the Chicago metro market and  has occupied space in the building for more than 10 years. The new lease consolidates NAI Hiffman’s brokerage, management, marketing & research, and accounting services onto an entire floor, taking up more than 20,000 square feet.

“With our continued client growth, laser focus on our evolving culture and the desire to reflect our commitment to being a fiercely independent force in the marketplace, this relocation to the fourth floor allows us to completely re-engineer our space and create more teaming opportunities. It is this sort of reinvestment in our people and platform which has allowed us to continue delivering a uniquely collaborative and market-leading service to our clients. The new environment reflects our commitment to service and the need for constant innovation,” said, Dave Petersen, CEO of NAI Hiffman. “Ownership’s commitment of capital to the building through modern improvements and amenities supported our decision to remain in this great location we have called home for years.”

oneoakbrookterrace

One Oakbrook Terrace’s institutional owner has recently completed many significant capital improvements to the asset including a new food service and tenant lounge, a new conference facility, and most recently, a refreshed lobby bringing to the main entrance the finishes and feel which reflect the latest trends and amenities of today’s suburban office building’s environment.  An elevator cab upgrade will commence this quarter. 

Jim Adler and Michael Flynn, executive vice president’s with NAI Hiffman’s office services group, represented NAI Hiffman in the transaction. Brian Edgerton of NAI Hiffman represented the institutional owner.

Mentioned by RE Journals

First Quarter 2015 Market Peek

NAI Hiffman is pleased to present its First Quarter 2015 Market Peek, a first look at the market statistics for the Chicago Metropolitan industrial and office real estate markets.

Industrial Market Posts Positive Net Absorption

Chicago's industrial market began the year strong and posted positive net absorption of 3.2 million SF of vacant space. 

The industrial vacancy rate improved 10 basis points from year-end 2014, posting 7.8% vacant at the end of the first quarter.

Construction deliveries for the first quarter totaled 2.5 million SF. Projects under construction total 13 million SF, with more than 1 million SF underway in each of the following submarkets:  Southeast Wisconsin, I-80/Joliet Corridor, I-90 Northwest, I-55 Corridor, and O'Hare submarkets.

Office Market Starts Year Strong in Suburbs, Slower Downtown

The Chicago suburban office market began 2015 with improved market fundamentals:  360,000 SF was absorbed during the quarter and the overall vacancy rate improved 37 basis points from year end 2014, to the current rate of 18.19%.
 
The Chicago downtown office market experienced weakened market fundamentals:  negative net absorption during the first three months of 2015, totaling -126,000 SF and the overall vacancy rate increased 10 basis points from year-end 2014, ending first quarter at 12.04%.  


For further information regarding the content of this market peek or if you are interested in 
attending a custom market overview presentation, please contact:
 
Kelly Brown | Senior Research Manager
630 693 0645
kbrown@hiffman.com
 
John Picchiotti | Chief Operating Officer, Brokerage
630 691 0608
jpicchiotti@hiffman.com


Mentioned in GlobeSt and RE Journals

Jay Maher rejoins NAI Hiffman as Vice President on its industrial services team

NAI Hiffman has announced Jay Maher has rejoined its firm as a Vice President with its industrial services group. Based out of the company’s headquarters in Oakbrook Terrace, IL, Maher will focus on representing both tenants/buyers and landlords in asset acquisitions, dispositions, relocations, land assemblage and built-to-suit transactions. Maher’s primary geographic areas of focus includes Western Cook County, O’Hare and the Chicago markets.
 
Prior to his role as Vice President, Jay was a Senior Associate with NAI Hiffman from 2005 to 2012. Most recently, he served as an Associate Director with Cushman and Wakefield. Some of his key clients include KTR Capital Partners, ML Realty Partners, CenterPoint Properties, Sitex Realty Group and Peerless Industries, among many others.
 
“We look forward to Jay building new and current relationships to grow NAI Hiffman’s industrial business,” said John Picchiotti, Chief Operating Officer of NAI Hiffman’s brokerage services. “His experience and market knowledge make him a valuable asset and we are thrilled to welcome him back to our team.”
 
Maher is a member of AIRE (Association of Industrial Real Estate Brokers); nominee for the 2012 NAIOP Industrial Redevelopment of the Year award and was a nominee in 2010 for NAIOP’s Industrial Broker Transaction of the Year award. Maher received his Bachelor’s degree from Illinois State University.

entioned by RE Journals, The Daily Herald Business Ledger

NAI Hiffman hires Kelly Brown as Senior Research Manager

NAI Hiffman has announced that Kelly Brown has joined its Marketing & Research Services group as a Senior Research Manager. Brown will be based at NAI Hiffman’s headquarters in Oakbrook Terrace, IL.

Brown brings over 25 years of commercial real estate experience to the team. In this role, she will manage NAI Hiffman’s research department by maintaining its detailed databases to analyze real estate market statistics including vacancy, occupancy, net absorption, construction activity, market rents, and sales and leasing activity and comparable data in the Chicagoland commercial real estate market.

“We take pride in our established history tracking market data and creating innovative marketing deliverables to educate our firm and clients on the market,” said John Picchiotti, Chief Operating Officer, Brokerage of NAI Hiffman. “Kelly has a reputable background in commercial real estate and excels at analyzing data and translating it into meaningful information that will be a key component to the future success of NAI Hiffman and the clients we serve.”

Prior to joining NAI Hiffman, Brown served as a Senior Associate with JLL’s Development & Asset Strategy Group where she managed the sale/lease/management of BMO Harris Bank’s commercial OREO assets. She also worked in various roles at Cushman & Wakefield where she helped build its research platform.

Brown received her Bachelor’s degree from the University of Illinois.

Mentioned by RE Journals, The Daily Herald Business Ledger