Investment Services Group

InvestmentServicesGroup

DIVISION OVERVIEW

2325 39

MISSION STATEMENT 3-4

NAI Hiffman Investment Services Group is a commercial real estate services brokerage division focused on delivering the maximum value to our clients.

We are innovative in our practices, aggressive in our execution, and efficient in reaching our client’s objectives – delivering industry expertise, local and global connections and flexible solutions to each project.

Investment Services

GROUP OVERVIEW 5-6

NAI Hiffman develops responsible brokers who are committed to excellence. Each of our projects receives unique solutions and is given the highest level of attention.

NAI Hiffman’s Investment Services Group is a professional, informative and loyal service partner. The brokers on our team have a combined 75 years of experience in property disposition. We put the client’s best interest first, and we place our client’s concerns ahead of our own.

As a boutique division in a global network, we maintain local ties with private clients while our network enables us to reach institutional investors. With every transaction, we remain dedicated to the development of long-term client relationships.

Group Overview

GROUP OVERVIEW 7-8

SERVICES

Real Estate AuctionsConsulting & Advisory ServicesSealed Bid Sales

Portfolio ServicesStructured SalesSale LeasebacksConventional Brokerage

OUR PHILOSOPHY

The NAI Hiffman Investment Services Group brings a unique, strategic “team-approach” to its investment sales brokerage business. We work in synergy with our clients. We work efficiently and we are resourceful in delivering a proven formula for success. The result is a faster completion of transactions that maximize profitability for our clients.

Our group is agile, experienced and energetic. As an integrated team, we all play a role in each and every transaction. As part of an entrepreneurial local firm with global connections, our network allows us to react quickly, locally and globally.

Complex circumstances in today’s real estate environment call for an expert advisor who has personally been involved in advising hundreds of clients. The understanding of our clients’ concerns are paramount. We act as the advisor who takes a fiduciary position with our client’s assets with a desire to think creatively and maximize value at each key point of the process.

Our first goal is to sell the asset. To expedite the process, we will refer special services when necessary. Core competency in each disposition is crucial, and we have a wide referral source to make sure we meet our clients’ needs throughout the transaction process.

Our goal is to exceed our client’s expectations.NAI Hiffman’s Investment Services Group has consistently provided great marketing for our organization with superior processes, from start to finish. They maintained a high level of buyer interest, demonstrated remarkable market knowledge, and provided straightforward, detailed information packages that helped our team move quickly.”DAVID BOSSYMid-America Development Partners

MARKETING / TECHNOLOGY 9-10

MARkEtING / tECHNOLOGY

From analytics to expert graphic design, sophisticated negotiating to out-of-the box solutions, our team has a broad yet focused skill set to bring the maximum positive experience to the sale or purchase of your investment property.

Companion technology with Mind Matrix that provides secured online document storage for individual offerings, allowing both client and broker the ability to manage documents electronically and track user log-ins, ensuring confidentiality and efficiency

WarRoom

Sophisticated, proprietary customized database that lets us match a property with investor profiles, as well as real time knowledge of capital markets

NAI DataMining

Proprietary web-based software reporting and transaction management system that provides a flexible, process-driven project management platform. Used to manage and report on every aspect of a transaction

RealTRACTM Online

Fully customizable, secure, web-based marketing platform offering both client and broker the ability to access advanced tracking and real-time status reports for owners and investors. Manages the creation and distribution of marketing materials such as flyers, email campaigns, and flash presentations

Mind MatrixTM

We have a wide range of marketing options and the expertise of our in-house graphic designer.

Our technology is unparalleled, with proprietary software to track transactions in real-time with 24/7 accessibility for the convenience of our clients. Below is our list of NAI and third party technology systems:

Powered by REALTrac™, the Strategic Transaction Administration Reporting System provides a platform for best practices, organizing acquisition and disposition processes by product type

S.T.A.R.S.TM

A powerful set of tools designed to manage multiple leasing assignments, CLAS™ (Corporate Leasing Administration System) empowers our clients to better align workplace strategies with their corporate business goals and standardize processes to improve operations

CLASTM

Demographic tool powered by geographic business intelligence company, SRC, that allows analysis of demographic and market potential in any geographic location in the United States

NAI Site RightTM

NAI branded desktop suite of analytic products (including Argus, the industry standard) that provide institutional grade financial analyses to support leasing, listing and sales process for single buildings or portfolios

treeSoftTM (Argus)

In addition to advertising in local, national, and global publications, we also subscribe to internet-based real estate search engines, real estate marketing websites, and online data services.

AbOUt NAI HIffMAN

NAI Hiffman is the largest full service, privately owned commercial real estate brokerage and management company in the Chicago region. With over 220 brokers and employees, NAI Hiffman is dedicated to providing our clients with the most comprehensive real estate services with the highest level of professionalism and integrity. Our clients come to us for our deep local knowledge. They build their business on the power of our managed global network.

NAI Hiffman understands that our success is the direct result of creating successful outcomes for our clients. We strive to build lasting relationships with our clients and partners by engaging our individual initiative with team collaboration. Our commitment to integrity in all we do guides our vision and shapes our strategies.

NAI HIFFMAN 11-12

Committed to Chicago. Connected to the World.tM

It is rare to find an investment sales team such as NAI Hiffman’s Investment Group with the skills to represent my organization in selling our properties, as well as continue to serve me as a possible buyer. They continue to add value through their knowledge, persistence and determination.”SHERWOOD BLITSTEIN – Mosaic Properties & Development

NAI Hiffman delivers world-class,

results-oriented, retail, office, industrial, and

investment brokerage along with property

management services including:

Acquisition & DispositionsLandlord RepresentationTenant RepresentationProperty ManagementSale/LeasebackBuild-to-SuitSite SelectionDue DiligenceMulti-familyMarket ResearchConsulting & Strategic PlanningReceivership & REO Disposition

tHE NEtWORk ADVANtAGE

In addition to advising on market strengths and weaknesses, we pride ourselves on doing everything we can to deliver the best possible service. In some cases, this means referring our clients to a specialist outside of our division, or bringing in another NAI Hiffman broker in an advisory role. With access to a local network of over 200 commercial real estate specialists and a worldwide network of 325 offices, the Investment Services Group is able to bring our clients the advantage of a small, agile Chicago firm with the power of global resources.

NAI Hiffman’s Asset Management Group currently manages in excess of 34 million square feet of third party real estate. Access to our colleagues provides the Investment Group with superior, intimate and credible market knowledge of the greater Chicago region, including northwest Indiana and southern Wisconsin.

NETWORK ADVANTAGE 13-14

Our colleagues in our Retail, Office, and Industrial divisions of the NAI Global network are the best in the business, and often partner with our Investment team on projects when their expertise is required.

The Investment Group adds value to the process by their

depth of knowledge and determination. I believe they

are successful because of their meticulous nature. As

such, they always follow up with both parties and never

leave a concern unaddressed. I feel fortunate to have them

as part of my network.”DAVID S. HORWITCH

Shaw Gussis Fishman Glantz Wolfson & Towbin LLC

In 2006-2007, NAI Global received top industry rankings:

NAI Hiffman is the regional representative for NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. What makes us different is the way we bring together people and resources in over 325 offices and 55 countries around the world to deliver results for our clients. As the world’s only managed network of commercial real estate firms, we conclude over $45 billion in business annually by working together to help our clients strategically optimize their assets. We also manage over 270 million square feet of commercial space.

NAI Global is based in Princeton, New Jersey. A dedicated 70-person staff, strategically positioned around the world, provides technology, marketing and corporate services support to its network of real estate offices. For more information, visit www.naiglobal.com.

NAI GLOBAL 15-16

Ranked #4 by Lipsey’s top 25 Real Estate brands

Ranked #5 brokerage by National Real Estate Investor

Ranked #2 brokerage network by Commercial Property News

AbOUt NAI GLObAL

company

49U

.S. states

with N

AI offices

350Markets included in the network

5000+professionals worldwide

36,000

Tran

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co

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2ndRanking industry-wide of brokerage firms by Real Estate Forum

325 OFFICES

258,000,000

Sq

uare

feet

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er m

anag

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billionannual transaction volume$45

55Countries included in the network totalling five continents

NAI Hiffman provided detailed market information which was critical to our underwriting process. The depth and breadth of their research is truly first rate.”ART STROUD – Quarter Circle Capital

THE TEAM 17-18

ARtHUR J. bURROWS - Senior Vice President

Professional Experience:Art Burrows is a Senior Vice President at NAI Hiffman with over 20 years of commercial real estate experience. He focuses on office and industrial investment sales as well as equity and debt placement.

Working with NAI Hiffman’s research staff, he has developed proprietary reports tracking sales, vacancy and rental rates, construction activity and interest rates. These reports are widely distributed to public, private and institutional investors, lenders and appraisers. With extensive insights into both capital and property markets, Art has been involved in transactions exceeding 5.5 millions square feet, representing over $1 billion of consideration.

Art began his real estate career with Barclays American Business Credit in Hartford, Connecticut. Thereafter, he joined The Travelers Insurance Company’s real estate department and in 1990 moved to their Midwest Region’s equity disposition effort in Chicago. He then spent three years at Draper and Kramer developing their investment sales program and five years at Trammell Crow Company.

Significant transactions:Cargill Financial Services Citigroup First American Title LaSalle Investment Management (JLL)JP Morgan Chase Lennar Partners, Inc.

Education:B.S., Accounting, University of ConnecticutM.B.A., Finance and Real Estate

Tel: 630 693 0675Fax: 630 932 [email protected]

Maharishi Royal Residences, LLC Metropolitan Properties Shure Incorporated State Farm TA AssociatesUBS

tHE tEAM

WILLIAM MONtANA - Senior Vice President

Professional Experience:William Montana specializes exclusively in the development of acquisition and disposition strategies for investors of multi-family properties. His depth of specialization and market knowledge allows him to provide a highly efficient and effective process ultimately leading to certainty of execution, maximized returns and wealth preservation.

William has sold and analyzed multi-family properties since he began his career at Grubb and Ellis Company in 1990. In 1996, he started the Multi-family Investment Division at Draper and Kramer, Inc., where he sold and analyzed over $1 billion in apartments. In March of 2000, he opened the Chicago office of Hendricks & Partners and subsequently joined NAI Hiffman in June of 2008.

In his tenure, William has sold over 25,000 apartments throughout the Midwest. In 2007 William completed the largest, single sale of a garden-style apartment community in suburban Chicago with the sale of Park Place Apartments in Hoffman Estates, Illinois for $66,000,000.

Significant transactions:The Colony, Mount Prospect, IllinoisPark Place Apartments, Hoffman Estates, Illinois Harbor Pointe, Milwaukee, Wisconsin Grand Ohio, Chicago, Illinois Weston Gardens, Columbus, Ohio Edgewater Court, Omaha, Nebraska

Current Affiliations & Designations:Real Estate Broker: Illinois, Indiana and NebraskaNorthern Illinois Commercial Association of Realtors: MemberNational Multifamily Housing Council: MemberUrban Land Institute: Member

Education:B.A., University of Illinois at Chicago


THE TEAM 19-20

tHE tEAM

MICHAEL tENtERIS - Senior Vice President

Professional Experience:Michael Tenteris is a Senior Vice President within the Investment Services Group at NAI Hiffman. Mike has spent his entire career as an industrial investment broker and has participated in over 19.5 million square feet of transactions totaling nearly $1 billion in aggregate value.

Mike’s depth of knowledge and experience ranges from selling large national portfolios for institutional clients to representing private equity sponsors executing sale/leaseback transactions for their portfolio companies. Having analyzed and tracked every industrial investment transaction over 50,000 square feet throughout the Chicago market since 1999, Mike has valuable knowledge of the investments trends over the past decade.

Mike began his career in 2000 with the Investment Services Group of Grubb & Ellis Company before joining Cushman & Wakefield’s Financial Services Group in 2002. Most recently, Mike was the Vice President of Converse Capital, LLC, a Lake Forest, Illinois based investment services firm.

Current Affiliations & Designations:NAIOP (Commercial Real Estate Development Association), memberACG (Association for Corporate Growth), memberTMA (Turnaround Management Association), member

Education:B.S., Finance, Bradley University


JONAtHAN D. SkAGGS - Marketing Coordinator

Professional Experience:Jon Skaggs brings with him over 5 years of marketing and graphic design experience. He is responsible for developing marketing and communications materials, including advertising, branding, e-marketing and mapping, as well as the implementation of new technology.

Prior to joining NAI Hiffman, Jon served as Graphic Designer at Teamworks Media. He successfully established unique communications materials including both web and print for such companies as Guardian Insurance, Wilson Sporting Goods, Depaul Athletics, Itasca Park District, United Stationers and Tsingtao Beer.

Current Affiliations & Designations:American Institute of Graphic Arts: Member

Education:B.A., Visual Communications, Southern Illinois University


tHE tEAM

THE TEAM 21-22

JENNIfER L. bURkE - Executive Assistant

Professional ExperienceJennifer Burke provides support services to all brokers in the Investment Services Group. She is also responsible for marketing development, including internet marketing, direct mail campaigns, database maintenance, market research, site mapping and other collateral. She also provides support services to all brokers in the Investment Services Group.

Prior to joining NAI Hiffman, Jennifer worked with two construction companies in the Chicagoland area before pursing an interest in commercial real estate.

Current AffiliationsSigma Beta Delta International Honor Society: Member Young Real Estate Professionals (YREP): MemberCertified Commercial Investment Member (CCIM): Candidate

EducationB.B.A., Robert Morris College


OUR CLIENTS 23-24

The Alter Group

American National Bank

Ardmin Properties, Inc.

Arnstein & Lehr LLP

Arthur Hill & Co., LLC

Associated Bank

Atlantis Partners

Bank of America

Capitol Bank Investment

Cargill Financial Services

Catellus

Centrum Properties, Inc.

JP Morgan Chase & Co.

Citigroup

The Cole Companies

Comar Properties

Dodge Capital, LLC

Dominick’s

Draper & Kramer, Inc.

Dunkin Donuts

First Rockford Group, Inc.

Graycor

Horwood, Marcus & Berk

Chartered

InSite Realty & Dev.

JDI Realty, LLC

Joseph Freed & Associates

Kin Properties, Inc.

CLIENtS

Landmark Properties

LaSalle National Bank

Marc Realty

McDonald’s Corp.

MetLife

Mid-America Development

Partners, LLC

Mosaic Partners

Peak Properties

Pine Tree

Commercial Realty

Repak Real Estate

RMS Properties

Ryan Companies US, Inc.

Special Assets

State Farm Insurance

Summit Realty &

Development

TA Associates

Terrapin Properties

The Daly Group

The Fordham Company

The Lutz Companies

Thrush Development Co.

Tucker Development Corp.

UBS

US Bank

Vision Realty Partners, Ltd

CLOSED TRANSACTIONS 25-26

ClosedTransactions

RETAIL OFFICE INDUSTRIAL MULTI-FAMILY LAND

USE TENANCY LOCATION SIZE (SF) SALES PRICE

Multi-Tenant Sports Authority, Staples, Men’s WarehouseVerizon Wireless

Oak Lawn, IL 77,590 $16,600,000

Multi-Tenant Sentry Foods, Salvation Army, Family Dollar Burlington, WI 102,286 $10,500,000

Multi-Tenant Athletico, Washington Mutual, Fitness 19 Chicago, IL 27,187 $8,900,000

Multi-Tenant Lazy Boy, Sears Hardware, Etc. Batavia, IL 70,949 $8,337,000

Multi-Tenant Chipotle, Mattress Giant, Etc. St. Charles, IL 25,560 $8,000,000

Multi-Tenant Subway, Wendy’s, Avis Rent A Car Naperville, IL 64,500 $7,800,000

Multi-Tenant Chipotle, Mattress Giant, Etc. St. Charles, IL 20,700 $7,250,000

Single Tenant Borders Sherman Oaks, CA 26,000 $6,900,000

Multi-Tenant Washington Mutual and High End Retail Chicago, IL 12,000 $6,875,000

Multi-Tenant National Lewis University, Jewel Anchored Center Shorewood, IL 24,000 $6,700,000

Single Tenant Borders Geneva, IL 24,350 $5,750,000

Single Tenant Borders Yorba Linda, CA 24,065 $5,700,000

Multi-Tenant Subway, Great American Bagel, Etc. Naperville, IL 47,882 $5,700,000

Multi-Tenant Blockbuster, Bank One, Radio Shack Hazel Crest, IL 38,456 $5,490,000

Single Tenant Borders Chicago, IL 23,700 $5,400,000

Single Tenant Borders St. Paul, MN 25,000 $5,300,000

Single Tenant Fifth/Third Ground Lease Chicago, IL 28,000 $5,285,000

Multi-Tenant Classic Cinemas, Grocery Store Fox Lake, IL 94,000 $5,250,000

Single Tenant Borders Woodbury, MN 24,800 $5,250,000

Multi-Tenant Mattress Giant and 7-Eleven Des Plaines, IL 28,000 $5,250,000

Retail

Modesto CA 25,212 Sf $6,300,000borders Portfolio Dispositions• Sold with in-place financing and little cash/cash return• Located throughout the United States• Sold 12 locations to 2 buyers• Closing time average was 40 days

Rosemont, IL 33,803 Sf $7,800,000Office Depot, Coldstone Creamery• Target-anchored shopping center on major N/S thoroughfare• Sold for a national merchant developer• Market time was 3 weeks with over 6 offers• Closing time in 48 days

Spokane, WA 105,000 Sf $20,800,000Home Depot• Out-of-state transaction with seller from WA, buyer from AZ and broker from IL• Sold within 2 weeks of marketing the asset• Closing time in 50 days

USE TENANCY LOCATION SIZE (SF) SALES PRICEMulti-Tenant Starbucks, US Cellular, Jimmy Johns, Cold Stone Aurora, IL 11,900 $5,200,000

Single Tenant Borders Rockford, IL 23,650 $5,200,000

Single Tenant Borders Champaign, IL 24,500 $5,000,000

Single Tenant Borders Davenport, IA 23,870 $4,950,000

Multi-Tenant Starbucks, Supercuts, Bedding Experts, Etc. New Lennox, IL 10,606 $4,899,000

Multi-Tenant Dominick’s and Washington Mutual Chicago, IL 60,000 $4,875,000

Single Tenant Walgreens Centralia, IL 14,440 $4,750,000

Multi-Tenant Don Paldo’s, Pella Windows, Pages In Time, Sofa Select

Mishawaka, IL 37,000 $4,575,000

Single Tenant Bank of America Chicago, IL 11,035 $4,454,000

Single Tenant LaSalle Bank Chicago, IL 6,500 $4,389,000

Single Tenant Borders Highland, IN 23,000 $4,385,000

Single Tenant Fifth/Third Bank Ground Lease Chicago, IL 5,850 $4,075,000

Single Tenant Bank of America Naperville, IL 66,211 $3,900,000

Multi-Tenant Starbucks, Jackson Hewitt, Panda Express, UPS Matteson, IL 25,488 $3,700,000

Multi-Tenant Chase Bank, Dunkin’ Donuts Chicago, IL 10,000 $3,700,000

Multi-Tenant Al’s #1 Italian Beef, State Farm Insurance, Every Day’s a Sundae, Let’s Go Bistro

Downers Grove, IL 11,456 $3,550,000

Single Tenant Chase Bank Ground Lease Lombard, IL 33,950 $3,508,000

Multi-Tenant Floor 4 U, First Home Mortgage Corp., Monica’s Café

Mt. Prospect, IL 28,873 $3,500,000

Multi-Tenant Big Box Retail Fox Lake, IL 110,000 $3,450,000

Multi-Tenant Washington Mutual and Panera Bread Oak Lawn, IL 9,280 $3,425,000

Single Tenant Cost Plus World Market Aurora, IL 28,000 $3,358,359

Single Tenant Houlihan’s Ground Lease Orland Park, IL 78,151 $3,300,000

Multi-Tenant Prime Financial and Hair Cuttery Chicago, IL 10,450 $3,300,000

Multi-Tenant US Bank, T Mobile, and Baja Fresh Bosie, ID 11,798 $3,300,000

Single Tenant Bank of America Streamwood, IL 65,340 $3,300,000

Single Tenant Walgreens Chicago, IL 13,905 $3,200,000

Single Tenant Bank of America Warrenville, IL 70,567 $3,000,000

Single Tenant Fifth Third Bank Evanston, IL 5,300 $2,950,000

Retail cont’d

Calumet City, IL 6 acres $4,500,000Starbucks, Verizon Wireless, Eb Games, the Vitamin Shoppe• Sold with existing debt in-place-equity component of approximately 38%• Sold to CA investment group• 3 week market time and a closing time of 50 days with assumption

Retail cont’dUSE TENANCY LOCATION SIZE (SF) SALES PRICESingle Tenant Borders Glendale, AZ 24,065 $2,780,000

Single Tenant Amcore Bank Ground Lease Deerfield, IL 52,272 $2,833,333

Single Tenant Advance Auto Parts Chicago, IL 7,000 $2,710,000

Single Tenant Chase Bank Ground Lease Orland Park, IL 42,000 $2,540,000

Single Tenant Wickes Furniture North Riverside, IL 39,000 $2,437,500

Multi-Tenant Starbucks, Blockbuster Video, and Pockets Chicago, IL 7,745 $2,325,000

Multi-Tenant Neighborhood Retail Downers Grove, IL 24,000 $2,300,000

Multi-Tenant White Hen Pantry and Epoch Florists Chicago, IL 9,186 $2,150,000

Single Tenant Advance Auto Parts Waukegan, IL 7,000 $2,125,000

Multi-Tenant Outlot to Dominick’s Elgin, IL 33,000 $1,600,000

Single Tenant McDonald’s Ground Lease Bettendorf, IA 50,094 $1,153,000

Multi-Tenant Local tenants Highland, IN 11,830 $1,200,000

Single Tenant Texas Roadhouse Ground Lease Rockford, IL 58,588 $1,975,000

Single Tenant Jiffy Lube Portfolio 4,000 $1,900,000

Single Tenant Blockbuster Fox River Grove, IL 5,600 $1,125,000

Multi-Tenant Merlin’s Muffler and Valvoline Des Plaines, IL 11,000 $1,000,000

Multi-Tenant Total Design, North Shore Holdings, Dry Cleaner Mt. Prospect, IL 6,078 $900,000

Single Tenant US Bank Chicago, IL 16,000 $800,000

Single Tenant Taco Bell Chicago, IL 42,800 $720,000

Single Tenant Former KFC Riverside, IL 3,200 $525,000

Single Tenant Taco Bell Franklin Park, IL 1,200 $450,000

Single Tenant Taco Bell Morton Grove, IL 1,600 $445,000

Multi-Tenant Family Dollar, Currency Exchange Park Forest, IL 110,000 $300,000

Total: $333,807,525

Hanover Park, IL 3,903 Sf $1,850,000Starbucks, US Cellular, Jackson Hewitt• New construction retail sold for developer• Had multiple offers within 2 weeks of marketing time• Exchange buyer purchased product and closed in 42 days

OfficeUSE TYPE LOCATION SIZE (SF) SALES PRICEMulti-Tenant Mid-Rise 711 Jorie Boulevard, Oak Brook, IL 201,876 $30,000,000

Multi-Tenant High-Rise 250 S. Wacker, Chicago, IL 230,000 $23,000,000

Multi-Tenant High-Rise 208 S. LaSalle, Chicago, IL 874,742 $12,750,000

Multi-Tenant High-Rise 203 Wabash Avenue, Chicago, IL 133,203 $9,540,000

Multi-Tenant Mid-Rise 2221 Camden Court, Oak Brook, IL 100,035 $8,900,000

Single Tenant Mid-Rise 5000 Technology Way, Naperville, IL 46,643 $8,150,000

Multi-Tenant Mid-Rise 903 Commerce Road, Oak Brook, IL 70,000 $7,500,000

Multi-Tenant Single Story 545 E. Algonquin Road, Arlington Heights, IL 111,355 $6,950,000

Multi-Tenant High-Rise 216 W. Jackson Street, Chicago, IL 159,409 $6,250,000

Multi-Tenant Single Story 4940-4960 E. State Street, Rockford, IL 24,000 $4,850,000

Single Tenant Single Story 4225 W. Atchinson Street, Fort Mill, SC 63,630 $6,010,000

Dual-Tenant Mid-Rise 4930 E. State Street, Rockford, IL 28,108 $4,850,000

Single Tenant Single Story 1221 Business Center Drive, Mt. Prospect, IL 43,250 $3,356,000

Multi-Tenant High-Rise 100 N. LaSalle Street, Chicago, IL 157,400 $3,250,000

Multi-Tenant Mid-Rise 1035 W. Lake Street, Chicago, IL 24,300 $3,200,000

Single Tenant Mid-Rise 853 N. Wood Dale Rd., Wood Dale, IL 80,600 $3,250,000

Multi-Tenant Mid-Rise 2720 River Road, Des Plaines , IL 106,959 $3,100,000

Multi-Tenant Mid-Rise 434 W. Ontario, Chicago, IL 20,400 $2,875,000

Multi-Tenant Mid-Rise 230 E. Ohio, Chicago, IL 87,115 $2,800,000

Multi-Tenant Mid-Rise 3315 Algonquin, Rolling Meadows, IL 73,764 $2,680,000

Multi-Tenant Single Story 6870 Rote Rd., Rockford, IL 11,473 $2,635,000

Multi-Tenant Mid-Rise 180 W. Washington Street, Chicago, IL 40,000 $2,534,500

Single Tenant Mid-Rise 5201 Tollview Avenue, Rolling Meadows, IL 109,000 $2,210,000

Multi-Tenant Mid-Rise 20180 Governors Highway, Olympia Fields, IL 21,000 $1,400,000

Single Tenant Single Story 3005 Tollview Road, Rolling Meadows, IL 12,005 $1,325,000

332 S. Michigan Ave., Chicago, IL 319,250 Sf $29,000,000Multi-tenant High-RiseOffice building• Commercial portion of the mixed-use redevelopment – recipient of the Chicago Sun Times’ “The

Best Creative Reuse Award in Chicago”• World famous streetwall location with views of Grant Park, Millennium Park and Soldier Field

5800 touhy Ave., Niles, IL 267,000 Sf $28,000,000Single tenant Mid-RiseOffice building• Unique Helmut Jahn-designed vacant single-tenant office building• Represented user in their search for and acquisition of a new corporate headquarters facility• High tech design/finishes complemented firm’s audio technology history

Total: $248,965,500

USE TYPE LOCATION SIZE (SF) SALES PRICEMulti-Tenant Warehouse National Portfolio 6,189,719 $350,000,000

Multi-Tenant Manufacturing Elwood, IL 3,364,128 $195,077,308

Multi-Tenant Warehouse/Manufacturing Chicago, IL / Milwaukee, WI 2,900,000 $150,000,000

Single Tenant Warehouse York, PA 1,075,461 $38,000,000

Single Tenant Manufacturing Addison, IL 496,900 $25,642,000


Multi-Tenant Warehouse Memphis, TN 709,000 $23,500,000

Multi-Tenant Warehouse/Manufacturing Milwaukee, WI 412,526 $22,000,000

Multi-Tenant Warehouse/Manufacturing Crete, IL 1,199,510 $19,419,050

Single Tenant Warehouse West Chicago, IL 474,426 $15,750,000

Single Tenant Warehouse Hebron, OH 650,932 $15,000,000

Single Tenant Warehouse Bartlett, IL 259,200 $14,500,000

Single Tenant Manufacturing Chicago, IL 843,000 $13,850,000

Multi-Tenant Flex Florence, KY / Columbus, OH 355,899 $13,000,000

Single Tenant Manufacturing Elk Grove Village, IL 1,610,445 $12,932,409

Multi-Tenant Warehouse Gurnee, IL 350,831 $12,500,000

Single Tenant Manufacturing DeKalb, IL 477,021 $12,348,000

Single Tenant Warehouse Bolingbrook, IL 258,560 $11,250,000

Single Tenant Warehouse Charlotte, NC / Hammond, IN 246,019 $11,000,000

Single Tenant Warehouse Cleveland, OH / Indianapolis, IN 279,500 $11,000,000

Single Tenant Warehouse/Manufacturing Albion, IN 319,513 $10,500,000

Single Tenant Warehouse Calhoun, GA 425,450 $9,740,000

Multi-Tenant Manufacturing Elk Grove Village, IL 213,390 $9,000,000

Single Tenant Warehouse Aurora, IL 721,895 $8,670,000

Single Tenant Warehouse Eldridge, IA 164,000 $8,500,000

Multi-Tenant Warehouse Wauwatosa, WI 164,536 $8,500,000

Industrial

Elk Grove Village, IL 670,966 Sf $45,000,000Multi-tenant Industrial Warehouse building• Achieved record pricing at the time of sale• Property was 64% occupied at closing• Recieved offers from diverse group of buyers

Multiple Locations 355,000 Sf $14,900,000Multi-tenant Industrial Warehouse / Manufacturing Portfolio• 4-building industrial portfolio located in Batavia, West Chicago and Carol Stream, IL• Closed transaction during turbulent investment market• Identified an all-cash buyer

USE TYPE LOCATION SIZE (SF) SALES PRICESingle Tenant Manufacturing Fort Mill, SC 79,863 $8,410,000

Multi-Tenant Warehouse/Manufacturing Portage, IN 148,000 $8,400,000


Multi-Tenant Warehouse/Manufacturing Dallas, TX 137,200 $8,000,000

Single Tenant Warehouse Dalton, GA 552,850 $7,930,000

Single Tenant Manufacturing Elmhurst, IL 86,059 $7,875,000

Single Tenant Manufacturing Mokena, IL 619,560 $7,792,668

Single Tenant Warehouse Portage, IN 206,000 $7,750,000

Single Tenant Warehouse Piedmont, AL 461,000 $7,570,000

Single Tenant Warehouse Chicago, IL 196,000 $7,500,000

Single Tenant Warehouse Wood Dale, IL 82,114 $7,000,000


Single Tenant Warehouse Glendale, WI 195,000 $7,000,000

Single Tenant Warehouse Martinsville, VA 300,000 $6,850,000

Single Tenant Manufacturing Romeoville, IL 103,481 $6,800,000

Multi-Tenant Flex Romeoville, IL 47,487 $6,700,000

Single Tenant Warehouse/Manufacturing Addison, IL 106,400 $6,590,000

Multi-Tenant Warehouse/Manufacturing Waukegan, IL 204,027 $6,500,000

Single Tenant Manufacturing Elk Grove Village, IL 139,000 $6,036,000

Single Tenant Warehouse Joliet, IL 91,200 $6,000,000

Multi-Tenant Manufacturing Gurnee, IL 342,950 $5,915,750


Single Tenant Warehouse/Manufacturing Canton, NC 228,000 $5,500,000

Single Tenant Warehouse Des Plaines, IL 106,347 $5,372,000


Single Tenant Warehouse/Manufacturing Itasca, IL 38,825 $5,250,000


Multi-Tenant Manufacturing Augusta, GA 237,500 $4,650,000

Multi-Tenant Warehouse/Manufacturing Worthington, OH 107,450 $4,500,000

Single Tenant Warehouse/Manufacturing Chicago, IL 140,000 $4,500,000

Industrial cont’d

Prairie Pleasant, WI 172,450 Sf $8,100,000Single tenant Industrial Warehouse /Manufacturing building• Partial corporate sale/leaseback• Institutional quality facility with development potential• Generated eleven (11) offers to achieve aggressive pricing

USE TYPE LOCATION SIZE (SF) SALES PRICESingle Tenant Warehouse Lancaster, SC 122,000 $4,450,000

Single Tenant Warehouse/Manufacturing Chicago, IL 54,000 $4,500,000

Multi-Tenant Warehouse/Manufacturing Schaumburg, IL 77,000 $4,000,000

Single Tenant Warehouse Eldridge, Iowa 68,704 $4,000,000

Single Tenant Warehouse Tinley Park, IL 81,000 $4,000,000

Single Tenant Warehouse Montgomery, PA 215,000 $3,970,000



Single Tenant Manufacturing Willowbrook, IL 62,456 $3,570,000

Single Tenant Warehouse Hanover Park, IL 63,300 $3,500,000

Single Tenant Warehouse/Manufacturing Rock Falls, IL / Angola, IN 154,080 $3,500,000


Single Tenant Manufacturing Elgin, IL 294,000 $3,362,190



Single Tenant Flex Arlington Heights, IL 32,832 $3,250,000

Single Tenant Warehouse Bartlesville, OK 100,000 $3,120,000

Single Tenant Manufacturing Franklin Park, IL 81,674 $3,200,000

Single Tenant Warehouse/Manufacturing Elk Grove Village, IL 39,545 $3,000,000


Multi-Tenant Manufacturing Elk Grove Village, IL 126,760 $3,000,000


Multi-Tenant Warehouse/Manufacturing Alsip, IL 92,836 $2,800,000

Multi-Tenant Warehouse/Manufacturing Harvey, IL 94,640 $2,800,000

Single Tenant Warehouse/Manufacturing Romeoville, IL 515,880 $2,800,000

Single Tenant Warehouse Waukegan, IL 44,292 $2,750,000

Industrial cont’d

Pittsburgh, PA 51,823 Sf $4,000,000Single tenant Industrial Warehouse / Manufacturing building• Private equity sponsor corporate sale/leaseback• Brought in an out of town buyer to close all cash• Closed transaction under 30 days

South Holland, IL 179,515 Sf $3,250,000Multi-tenant Industrial Warehouse/Manufacturing building• Value-add industrial investment• Generated multiple offers despite tight credit markets• Arranged seller financing for buyer

USE TYPE LOCATION SIZE (SF) SALES PRICESingle Tenant Manufacturing Chicago, IL 6,084,461 $2,750,000

Single Tenant Manufacturing Romeoville, IL 531,432 $2,722,058

Single Tenant Manufacturing Niles, IL 60,000 $2,710,000

Single Tenant Manufacturing Orland Park, IL 16,577 $2,650,000

Single Tenant Manufacturing Orland Park, IL 16,577 $2,650,000

Single Tenant Warehouse Cartersville, GA 135,900 $2,640,000

Single Tenant Manufacturing Skokie, IL 78,146 $2,600,000

Single Tenant Manufacturing Lincolnshire, IL 33,147 $2,575,000

Multi-Tenant Warehouse/Manufacturing Mt. Prospect, IL 42,120 $2,525,000

Single Tenant Manufacturing Jackson, WI 49,292 $2,500,000


Multi-Tenant Warehouse Wheeling, IL 43,509 $2,250,000

Multi-Tenant Manufacturing Portage, IN 748,785 $2,248,349

Single Tenant Manufacturing Waukegan, IL 109,241 $2,225,000


Single Tenant Manufacturing University Park, IL 3,136,320 $2,150,000

Single Tenant Warehouse Franklin Park, IL 375,000 $2,000,000

Multi-Tenant Warehouse Northbrook, IL 31,400 $1,900,000

Industrial cont’d

Total: $1,486,085,373

PROPERTY LOCATION # OF UNITS TYPE SALES PRICEGrand Ohio Chicago, IL 593 High-Rise $77,000,000

Park Place Hoffman Estates, IL 642 Garden $66,000,000

The Colony Mount Prospect, IL 783 Garden $41,800,000

Thornberry Woods Naperville, IL 280 Garden $39,200,000

Summit New Albany Columbus, OH 428 Garden $32,000,000

GlenGarry Club Bloomingdale, IL 250 Garden $28,850,000

Harbor Pointe Milwaukee, WI 595 Garden $28,000,000

Riverbend Apartments Indianapolis, IN 552 Garden $27,600,000

Mallard Lake Apartments Wheeling, IL 481 Garden $26,000,000

Amberton Apartments Bolingbrook, IL 789 Garden $25,000,000

Spring Hill Roselle, IL 264 Garden $25,000,000

Sunset Lake Waukegan, IL 414 Garden $24,900,000

Landmark on the Lake Milwaukee, WI 275 High-Rise $22,000,000

Avalon at Northbrook Fort Wayne, IN 256 Garden $20,400,000

Twelve Oaks Schaumburg, IL 468 Garden $20,000,000

5th Avenue Station Naperville, IL 118 Loft $20,000,000

Fairway Greens Wheeling, IL 252 Garden $19,450,000

River Oaks Columbus, OH 288 Garden $18,600,000

Trolley Plaza Detroit, MI 351 High-Rise $18,400,000

The Estates at Eagle Pointe Peru, IN 833 Garden/Mixed $18,000,000

Blackhawk Apartments Elgin, IL 371 Garden $17,500,000

Abbey Drive at Four Lakes Lisle, IL 196 Mid-Rise $17,200,000

Emerald Courts Woodridge, IL 376 Garden $16,325,000

Aspen Ridge West Chicago, IL 253 Garden $16,150,000

Gateway Gardens/Briarwood Cedar Rapids, IA 401 Garden $16,000,000

Manchester Oaks Palatine, IL 198 Garden $15,500,000

Weston Gardens Columbus, OH 262 Garden $13,100,000

Windridge Apartments Grand Rapids, MI 328 Garden $13,000,000

Timberlake Apartments Mount Prospect, IL 222 Garden $12,800,000

Grand Oaks Gurnee, IL 150 Garden $12,800,000

Darlington Court Crystal Lake, IL 234 Garden $12,550,000

Parkwood Green Michigan City, IN 251 Garden $12,500,000

Sun Prairie Townhouse Aurora, IL 120 Garden $11,150,000

Schaumburg Square Schaumburg, IL 240 Garden $10,800,000

Thornwood Chicago Heights, IL 232 Mid-Rise $10,200,000

Multi-Family

PROPERTY LOCATION # OF UNITS TYPE SALES PRICEThe Willows Middleton, WI 288 Garden $10,100,000

Burton Grove Elk Grove Village, IL 196 Garden $9,000,000

Lincolnwood/Pinetree Charleston, IL 132 Garden $9,000,000

Fox Island Place Aurora, IL 111 High-Rise $8,800,000

Colonial Heights Madison, WI 292 Garden $8,700,000

Holiday Gardens Madison, WI 301 Garden $7,800,000

Lincolnshire Coach Homes Milwaukee, WI 70 Townhouse $7,800,000

Century Hollow Middleton, WI 176 Garden $6,200,000

Kings Court Waukegan, IL 168 Garden $6,100,000

Amber Manor DeKalb, IL 227 Garden $6,000,000

Appleville Condominiums Chicago, IL 132 Mid-Rise $6,000,000

Springdale Milwaukee, WI 199 Garden $5,900,000

Applegate Apartments Schaumburg, IL 192 Garden $5,900,000

Oakwood Terrace Madison, WI 120 Garden $5,500,000

University Heights DeKalb, IL 170 Garden $5,100,000

Monticello Wheaton, IL 80 Garden $5,025,000

Cornell Towers Chicago, IL 120 High-Rise $4,200,000

Pebblewood Creek Apartments Hanover Park, IL 180 Garden $4,000,000

Silver Trail Milwaukee, WI 112 Garden $3,800,000

Eagle Drive Apartments Rockford, IL 104 Garden $3,600,000

Edgewater Court Omaha, NE 108 Garden $3,200,000

Winding Brook Kokomo, IN 98 Garden $2,900,000

Lakeview Courts Aurora, IL 72 Garden $2,880,000

Manor Park Village Beloit, WI 107 Garden $2,100,000

Blackstone Hotel Chicago, IL Redevelopment N/A

Multi-Family cont’d

Total: $943,280,000

LandUSE LOCATION SIZE (SF) SALES PRICERetail Land NWC Rt. 52 & Rt. 59, Shorewood, IL 100,000 $6,700,000

Retail Land SEC of 159th Street & Ravinia Avenue, Orland Park, IL 261,360 $2,700,000

Retail Land 2400 N. Southport, Chicago, IL 38,000 $1,400,000

Office Land 161st and LaGrange, Orland Park, IL 70,785 $1,290,000

Retail Land 1000 Broadway, Boise, ID 110,000 $1,200,000

Vacant Land 2600 W. Diversey, Chicago, IL 7,000 $1,000,000

Retail Land 745 N. Milwaukee Avenue, Chicago, IL 60,000 $800,000

Residential Land 4851 N. Pulaski, Chicago, IL 44,500 $795,000

Commercial Land SEC of Route 47 and Oak Creek Parkway, Huntley, IL ± 43,560 $725,000

Residential Land 1128 W. Fry, Chicago, IL 59,000 $600,000

Commercial Land Chinden and Eagle, Boise, ID 146,797 $525,000

Retail Land 7149 Exchange St., Chicago, IL 18,675 $390,000

Total: $18,125,000

Committed to Chicago. Connected to the World.™

For more information please contact:

NAI HiffmanInvestment Services GroupOne Oakbrook TerraceSuite 600Oakbrook Terrace IL 60181tel 630 932 1234

www.hiffman.com

Date post:	12-Sep-2021
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