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Management News

Seen in Real Estate BISNOW NAI Hiffman’s asset management group has been awarded the property management for more than 1M SF of combined industrial, office and retail product in the Chicago suburbs and Decatur. The industrial assignments include the Speedway Logistics Center, recently purchased by Molto Capital, at 3451 S Chicago in Joliet as well as two assets acquired by TA Associates Realty at 4675 Turnberry in Hanover Park and 1640 Fullerton Court in Glendale Heights. Chicago-based WH&H Realty Advisors has also assigned its Harmswood Office Center at 5750 Old Orchard Rd in Skokie to NAI Hiffman’s asset management group.

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NAI Hiffman’s special asset solutions has recently added the following to its roster of managed properties: Riley’s Point, a 15k SF shopping center located at 12371 Derby Road in Lemont; a 41k SFindustrial asset at 1440 Davey Rd in Woodridge; and a 200k SF retail asset, Northgate Shopping Center in Decatur.

LEASING NEWS

Lake County industrial market sees strong third quarter