NAI Hiffman Completes 154,000-SF Industrial Lease, Filling Warehouse in Bloomingdale, IL

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.

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:

 Patty Cronin, pcronin@taylorjohnson.com, (312) 267-4513

Gretchen Muller, gmuller@taylorjohnson.com, (312) 952-4802

www.hiffman.com