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Taking the High Street

Chicago
Taking the High Street
It's new ownership and a new leasing team for a 925k SF, eight-building portfolio in suburban Chicago. NAI Hiffman is taking over leasing for the buildings, sold last month by TA Realty to High Street Advisors (both Bostonian firms) for an undisclosed sum, reportedly over $160M.
 
NAI Hiffman's Mark Moran and Brian Colson
Handling leasing for the buildings, which range from 48k SF to 450k SF  in the O'Hare and Central DuPage submarkets, are NAI Hiffman's Mark Moran and Brian Colson, above, with colleagues Irv Malik and Eric Tresslar. High Street interviewed several teams to lease the properties, but Mark believes the fact NAI Hiffman is entrepreneurial  and taking a team approach gave it an edge.
NAI Hiffman Brian Colson and Mark Moran
You know it's a superstar company when the sign has its own spotlights. The leasing team will be working with NAI property managers  Gail VermejanDoug Krahnke  and Cori Bedford, who had already been managing the portfolio under TA Realty. It aligns with one of NAI's recent goals, which has been to provide leasing and management   in the same portfolio for more institutional clients.