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NAI Does 547K in Suburban Transactions

CHICAGO—The Central DuPage submarket just had one of its best years in a long time.

By Brian J. Rogal | Updated on February 19, 2014

CHICAGO—The metro area’s industrial market had a solid year with its vacancy rate sinking to just 8.7%, a decline of 81 bps since 2012, according to Colliers’ latest market report. And Oakbrook Terrace-based NAI Hiffman has started off the new year by completing a set of suburban transactions totaling more than 500,000-square-feet.

John Whitehead of NAI Hiffman recently represented COM2 Computer Recycling Solutions, for example, in their negotiations for an industrial lease covering the full building at 500 Kehoe Blvd. near its headquarters in suburban Carol Stream. The 4-year lease for 207,758-square-feet greatly expands the Carol Stream footprint of the electronics recycler.

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