Dan Leahy and Irvin Malik introduce GROHE to New York NAI affiliate for their new global center

December 8, 2010

Henry Goodfriend and Philip Silverstein of NAI Global New York City arranged a 15,219 SF 10-Year Lease on Behalf of GROHE America, Inc. on Fifth Avenue in Manhattan. Dan Leahy and Irvin Malik of NAI Hiffman forged a relationship with GROHE in the Chicago market, where GROHE has customer service, technical support, warehousing and distribution facilities. Leahy and Malik introduced GROHE to the New York office, and GROHE decided that New York is a key city in which it should open a global center.

Posted by NAI Hiffman | Filed Under Dan Leahy, Industrial, NAI Global, Office 

CenterPoint signs big BTS lease

March 29, 2010

A chemical manufacturer is the first to stake a claim at CenterPoint Intermodal Center-Joliet, CenterPoint Properties’ newest logistics center/intermodal facility just two miles north of CIC-Elwood (home of BNSF Logistics Park-Chicago). Construction is underway on a 217,712-square-foot build-to-suit lease for Northfield, Ill.-based Stepan Co.

Stepan recently signed the long-term lease on a 16.48-acre site in Joliet with CenterPoint, the developer of the building. FCL Builders is the contractor on the project. This building “kicks off with the park,” said Dan Leahy, executive vice president and partner of NAI Hiffman, and CenterPoint’s representative in the lease transaction. “Centerpoint will have the ability to build around 20 million square feet within CIC-Joliet. It’s the first of many future buildings.” Read more at REJournals.com…

Posted by NAI Hiffman | Filed Under Dan Leahy, General Business, Industrial, Logistics 

Changes within the warehousing and distribution model

December 8, 2009

By Daniel P. Leahy, SIOR
NAI Hiffman/NAI Global Logistics

LEAHY PORTRAIT 2003The warehousing and distribution industry is taking bold steps to respond to the changing economic and business circumstances we have experienced over the last several months. Demands to reduce overcapacity, improve speed from source to shelf, satisfy concerned stakeholders and comply with emerging regulations are being met with fundamental operational changes. These changes include the increased use of intermodal, maximizing information technology, green warehousing, and logistics outsourcing.

According to Commerce Department figures, retail sales improved 2.7% in August compared to a decline of 0.2% in July. It is too early to say that we are out of this downturn; however ocean trade, a key market indicator, is also making some positive traction. According to the monthly Port Tracker report by the National Retail Federation and IHS Global Insight, U.S. ports handled 1.04 million TEUs (20-foot equivalent units) in May 2009, the most recent month for which data is available. This is a 5% increase from April but down 20% from April 2008. The forecast for the first half of 2009 is 6.5 million TEUs, compared with 7.5 million that passed through the first half of 2008. While these improvements are promising, the economic recovery has a long way to go and will need to build strength through job gains, rising consumer confidence, improved housing market and retail sales in order to turn the tide.

For real estate practitioners, the silver lining during these tough times is discovering the new companies, business operations, trade lanes and industries that are emerging. Read more

Posted by NAI Hiffman | Filed Under Dan Leahy, Industrial, Logistics, Media Coverage 

NAI HIFFMAN BROKERS 415,800-SQUARE-FOOT LEASE AT CENTERPOINT INTERMODAL CENTER

May 1, 2009

ELWOOD, ILL. — NAI Hiffman, on behalf of owner CenterPoint Properties, has negotiated a long-term lease for 415,800 square feet of industrial space at the CenterPoint Intermodal Center in Elwood. Alliance 3PL, an Illinois-based specialty warehousing and transportation management services company, will occupy space in one of the two speculative Import Distribution Centers (IDC), which together total 2.4 million square feet. Construction of the first IDC facility was completed late last year, while work on the second building is expected to commence this spring. Alliance 3PL’s portion of the space features 32-foot clear ceiling heights, 108 trailer spaces, 53 dock doors and an office component. The company relocated from an office in Bolingbrook, Ill., in order to operate adjacent to the BNSF Logistics Park-Chicago. Daniel Leahy and Adam Roth of NAI Hiffman represented CenterPoint Properties.
Source: REBusinessOnline.com

Posted by NAI Hiffman | Filed Under Dan Leahy, Industrial 

NAI Hiffman’s Team of Leahy, Roth Wins Industrial Brokers of the Year

March 12, 2009

Industrial Brokers of the Year

On March 11, in front of 1500 commercial real estate industry executives, NAI Hiffman’s Daniel P. Leahy, SIOR and Adam D. Roth, CCIM were awarded the prestigious Industrial Brokers of the Year Award.  This prestigious award was bestowed on Dan and Adam at the 21st Annual Greater Chicago Food Depository charitable banquet.

The purpose of the award is to recognize and acknowledge the most prominent Industrial Brokerage Team of the year as determined by industry peers. It should be noted that Dan has been the beneficiary of this distinct honor in the past, making him one of only a few individuals to have won more than once.

Click here to read more details from Crain’s Chicago Business.

Click here to read more details from the Sun-Times.

Posted by NAI Hiffman | Filed Under Awards and Honors, Dan Leahy, General Business, Industrial, Logistics, Media Coverage