NAI Hiffman Brokers $7.5M of Cold Storage Facility in Chicago

by Kristin Harlow

CHICAGO — NAI Hiffman has brokered the sale of a 42,000-square-foot cold storage building in Chicago’s Brighton Park neighborhood for $7.5 million. In conjunction with the sale, NAI Hiffman also negotiated a six-year lease with the sole tenant, Moesle Meat Co. Built in 2016, the property is located at 5115 S. Millard Ave. John Basile of NAI Hiffman represented the buyer, Chicago-based Karis Cold Storage, a newly launched private investment and development company.

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