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NAI Hiffman Represents Owner in 99,200 SF Sale of 6969 W 73rd Street in Bedford Park

04/28/2016

NAI Hiffman Represents Owner in 99,200 SF Sale of 6969 W 73rd Street in Bedford Park

 

BEDFORD PARK, IL (April 13, 2016) – NAI Hiffman represented ownership in the 99,200-square-foot sale of 6969 West 73rd Street in Bedford Park to user, Lifetronics. Located at 6969 West 73rd Street, the property is situated on 4.8 acres of land, fully fenced and is located near I-55, I-294 and Midway Airport.

 

The owner originally purchased the asset from Venture One who had obtained a Class 6b incentive for the property. The former tenant, Owens Corning, moved out of the property in early March; Lifetronics, a manufacturer of a variety of lighting products, will be moving to the building from its existing location in Harvey.

 

Larry Much, SIOR, Executive Vice President, Ben Cremer, Senior Vice President, and Michael Robbins, Vice President, with NAI Hiffman’s Industrial Services group, represented ownership in the sale. Walter Murphy with  Lee & Associates represented Lifetronics in the acquisition.

 

About NAI Hiffman

Comprised of over 150 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 54+ million SF portfolio of over 600 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property.

Source

NAI Global

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