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| Bloomingdale Corporate Center, Bloomingdale, IL |
OAKBROOK TERRACE, IL, Nov. 4, 2019 — NAI Hiffman, the
largest independent real estate services firm in the Midwest, today announced
it represented Target Marketing Systems in a 154,000-square-foot lease at 270
Madsen Drive in the Bloomingdale Corporate Center, an industrial business
park in Bloomingdale, Ill.
The company, an importer and wholesale
distributor of furniture products, will expand and relocate its U.S.
headquarters to the building, vacating its current 101,000-square-foot space in
nearby Carol Stream.
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| Mark Moran |
Mark Moran, executive vice
president of NAI Hiffman, represented Target Marketing Systems in the
transaction, which fills the entire property. Jones Lang LaSalle represented
the owner, Barings Real Estate Advisers.
“Target Marketing Systems sought a second, overflow location, but
after we completed a comprehensive review of its business operations, we
advised the company of the cost savings and efficiencies gained by a complete
relocation and expansion into one new space at Bloomingdale Corporate Center,”
said Moran.
“The
scheduled tariff increases are a major concern for our distributor clients that
are importing goods from China, so part of our strategy is to help them offset
future expenses with long-term planning that streamlines operations to save money.”
CONTACTS:
Gretchen Muller, gmuller@taylorjohnson.com, (312) 952-4802
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