Industrial N Illinois

NAI Hiffman represents HVACR distributor in headquarters relocation

NAI Hiffman executive vice presidents John Whitehead and Jeff Fischer represented Neuco, Inc. in its purchase of 515 W. Crossroads Parkway in Bolingbrook, Illinois from Duke Realty. A master distributor of HVACR replacement parts to wholesale distributors throughout North America, Neuco will be relocating from its current Downers Grove location. This 145,000 square-foot building will operate as Neuco’s headquarters and main distribution center for approximately 130 employees.

“Neuco fits perfectly into the Village’s diverse distribution and logistic building landscape,” said Bolingbrook Mayor Roger Claar. The village’s location and business friendly environment has produced more than 30 million square feet of new industrial buildings during the mayor’s tenure.

Located two miles from the I-355 and I-55 interchanges, 515 W. Crossroads Parkway is a standalone precast facility. The building will undergo a substantial interior and exterior renovation to increase the office, parking and loading necessary for its continued growth. Lee & Associates’ Terry Grapenthin and Jeff Galante represented the owner, Duke Realty in the sale.