NAI HIFFMAN COMPLETES SALE OF 305,000-SQUARE-FOOT DISTRIBUTION CENTER

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CHICAGO — NAI Hiffman has completed the sale of a 305,000-square-foot Dominick’s distribution facility located in Crawford Industrial Park at 4404 W. District Blvd. in Chicago. The facility is situated on 17 acres and features 72 cross-docked loading docks, 23-foot clear ceiling heights and 95 parking spaces. Lawrence Much and Stephen Connolly of NAI Hiffman represented the seller, Dominick’s Finer Foods, as well as the buyer, an affiliate of New York City-based KTR Capital Partners. The same team will also handle leasing of the facility. KTR has also announced the construction of a new 180,000-square-foot distribution facility located adjacent to the existing building. Keeley Construction has been retained for the improvements and expansion of the existing facility. The acquisition price was not disclosed.

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