Categories


Authors

Joe Bronson facilitates Midwest Industrial portfolio sale

Joe Bronson facilitates Midwest Industrial portfolio sale

bronson-joe.jpg

NAI Hiffman is proud to announce that Midwest Industrial Funds recently closed on the first phase of a three‐building, $21 million sale to Plymouth Industrial REIT.

The first phase included over 280,000 square-feet between the two locations; 3 W. College Drive in Arlington Heights and 1600 Fleetwood in Elgin. 3 W. College was leased to Arrows‐Up, a provider of specialized delivery solutions for the oil and fracking industries, and 1600 Fleetwood was leased to Stamar Packaging, a leading distributor of packaging, shipping and industrial supplies.

NAI Hiffman Executive Vice President Joe Bronson and Lee & Associate's Michael Androwich, Jr. were the local leasing specialists on 1600 Fleetwood and 3 W. College, respectively, who helped facilitate the sale with CBRE and Midwest Industrial. Mike Caprile and his CBRE national partners investment team represented Midwest Industrial on the sale.

Featured in RE Journals

 

Connolly, Moran, and Tomfohrde represent ownership in 259,744-square-foot lease renewal

Connolly, Moran, and Tomfohrde represent ownership in 259,744-square-foot lease renewal

Brian Colson and Brandon Waters represent Prologis in lease transaction

Brian Colson and Brandon Waters represent Prologis in lease transaction