Congratulations to NAI Hiffman’s Much-Connolly-Malik Team

November 9, 2009

NAI Hiffman’s nomination of KTR Capital Partners
garners NAIOP Award for Industrial Redevelopment of the Year!

Please join us in congratulating Larry Much, SIOR, Steve Connolly, SIOR and Irv Malik, whose project with KTR Capital Partners was recognized as the best in its category last night at the NAIOP 22nd Annual Awards for Excellence, held at the Sheraton Chicago. We congratulate KTR Capital Partners, Keeley Construction and Ware Malcomb and thank them for including NAI Hiffman in an amazing project that means so much to our city and to the advancement of industrial green development.

Revelopment Project Description
4404 W. Ann Lurie Place, Chicago

In December 2007, KTR Capital Partners purchased the 311,000 SF Dominick’s facility along with its adjacent 9.89 acres with plans to upgrade the facility and develop the land. Shortly thereafter, KTR finalized a lease for 175,000 SF Build-To-Suit to Preferred Freezer Services and began development for a state-of-the-art LEED-certified freezer/cooler facility. Concurrently, KTR began renovating the existing building and secured a lease for 167,000 SF with Gold Eagle. Thus far, KTR’s $55 million investment has provided extensive construction employment and several new jobs in the City. The project was permitted and approved through the City’s new “Green Building” planning board.

Posted by NAI Hiffman | Filed Under Awards and Honors, Industrial, Sustainability

NAI Hiffman Brokers Preferred Freezer-KTR Build-To-Suit

February 27, 2009

ktr_470

Chicago, IL (February 27, 2008) – KTR Capital Partners (“KTR”), a New York based real estate private equity fund manager and operating company, has leased a 175,000 square foot build-to-suit warehouse to Preferred Freezer Services on the excess land associated with its recent investment acquisition of the former Dominick’s distribution facility on West Ann Lurie Place. The LEED Certified, freezer/cooler facility will be located on the adjacent 9.8-acre parcel with I-55 frontage and will be rail served with a 60-foot clear ceiling height, 18 dock doors, and 30 trailer parking spaces. Read more

Posted by NAI Hiffman | Filed Under General Business, Industrial, Press Releases, Sustainability