Buy, Sell, & Lease Industrial Space In Highland Park

Highland Park, IL, on Chicago’s North Shore, is best known for its high-end residential areas and vibrant downtown. While it may be more famous for its cultural offerings and luxury homes, Highland Park also provides excellent industrial real estate opportunities for businesses looking to buy, sell, or lease industrial space.

Strategically located near major highways such as U.S. Route 41 and I-94, and within easy reach of Chicago, Highland Park offers logistical advantages to businesses. The city is well-connected to key markets while maintaining its charm and community-oriented feel. This blend of access and aesthetics makes Highland Park an attractive location for industrial businesses.

Highland Park’s industrial market includes a range of properties suitable for warehousing, light manufacturing, and distribution. Whether you’re looking to invest in industrial property, sell an existing facility, or lease flexible industrial space, Highland Park offers a business-friendly environment supported by a skilled local workforce.

Meet Our Highland Park Industrial Space Experts

As Vice President of Sales and Leasing, Gordon Lamphere J.D. guides our industrial real estate brokerage team.

Gordon’s advice is regularly featured in local and national press, and industry leaders recognize him as an industrial real estate expert.

He hosts Chicagoland’s Top Commercial Real Estate Podcast (The Real Finds Podcast) and is globally recognized for his industrial transactional and commercial real estate marketing expertise.

• Listen To The Podcast
• Follow Gordon’s Socials

How We Serve Your Industrial Real Estate Needs

Our agents do more than just show you properties; they act as strategic advisors who can:

• Access off-market opportunities: Highland Park is a highly competitive market, so as a result, many of the best properties never make it to public listings. Our agents have access to a network of sellers, developers, and landlords that allow us to source exclusive, off-market deals. This is especially advantageous when you’re looking to buy industrial space or lease industrial space in a competitive market.
• Negotiate favorable terms: In a seller’s market like Highland Park, it’s easy for buyers or tenants to get squeezed. Therefore, our agents help clients by securing flexible terms, favorable pricing, and additional perks. This includes maximizing tenant improvement allowances, giving you an edge when you lease industrial space or buy industrial space.
• Handle zoning and regulatory challenges: Industrial transactions often involve complex zoning and permitting processes. Our agents are experienced in navigating local municipalities and can help expedite the process, saving you time and money whether you’re trying to buy industrial space or sell industrial space.
• Provide real-time market insights: Real estate markets shift quickly, especially in competitive regions like Chicagoland. Our agents continuously monitor market trends and local developments, ensuring that you are always making decisions based on the latest, most accurate information when you’re looking to lease industrial space, sell industrial space, or buy industrial space.

Buying Industrial Space in Highland Park

Why Invest in Highland Park’s Industrial Market?

Purchasing industrial real estate in Highland Park offers long-term stability and the opportunity to secure prime property in one of the most desirable areas on Chicago’s North Shore. Highland Park’s industrial sector is ideal for businesses looking to establish or expand operations in a community that values both commerce and quality of life.

Industrial properties in Highland Park range from smaller warehouses to flexible light manufacturing spaces, making it suitable for various industries. With strong local infrastructure and proximity to major highways, businesses can easily access Chicago and other key Midwest markets.

Owning industrial space in Highland Park allows businesses to benefit from property appreciation while enjoying control over their operational environment. It’s an ideal location for companies looking to combine logistics efficiency with a prestigious North Shore address.

Considerations When Buying Highland Park Industrial Properties

1. Location and Logistics: Highland Park’s proximity to major highways and its accessibility to Chicago make it a prime location for businesses involved in distribution and logistics. Evaluate how well the property connects to your supply chain and customer base.
2. Zoning and Compliance: Ensure that the property is zoned for industrial use and meets local regulatory standards. Highland Park’s zoning laws may differ from neighboring communities, so understanding these rules is crucial for operational success.
3. Property Condition: When purchasing an industrial building, it’s essential to evaluate the current state of the property, including utilities, structural integrity, and any potential renovation costs.
4. Future Expansion: Businesses should consider their long-term growth potential when purchasing industrial space. Look for properties that offer room for expansion to meet future needs.

Selling Industrial Space in Highland Park

Maximizing the Value of Your Industrial Property

If you want to sell industrial space in Highland Park, you can take advantage of the growing demand for industrial real estate in the North Shore area. With its proximity to key transportation routes and desirable location, Highland Park industrial properties are attractive to a wide range of buyers.

Our team specializes in positioning industrial properties to attract qualified buyers, including corporations, developers, and investors. We focus on highlighting the property’s unique advantages, such as its location, infrastructure, and overall condition, to maximize your return on investment.

Steps to Selling Industrial Property in Highland Park

1. Comprehensive Property Assessment: We begin by evaluating your property to determine its market value based on factors such as location, condition, and comparable sales. This helps you set a competitive asking price that attracts serious buyers.
2. Tailored Marketing Strategy: Our marketing approach includes online listings, targeted advertising, and outreach to our network of qualified buyers. We emphasize the property’s strategic location and logistical benefits to generate interest.
3. Negotiation and Transaction Support: Once offers come in, our team guides you through the negotiation process, ensuring you receive favorable terms. We handle every aspect of the sale, from contract review to closing.

Leasing Industrial Space in Highland Park

Flexible Leasing Options for Growing Businesses

Leasing industrial space in Highland Park provides businesses flexibility and access to high-quality facilities without the long-term financial commitment of purchasing real estate. Whether you need space for light manufacturing, warehousing, or distribution, Highland Park offers a variety of industrial leasing options.

Many industrial properties in Highland Park come equipped with modern amenities, including energy-efficient systems, loading docks, and customizable office spaces. Leasing allows businesses to focus on operational growth while maintaining capital flexibility.

Leasing Considerations For Highland Park Industrial Space

1. Lease Structure: Industrial leases come in different forms, such as gross leases, net leases, and triple-net (NNN) leases. Understanding these lease types and their financial implications is crucial for making the right decision.
2. Lease Duration: The term of your lease should align with your business’s needs. Long-term leases offer stability, while shorter-term leases provide flexibility to adapt to changing market conditions.
3. Tenant Improvements: Landlords may offer tenant improvement allowances to help customize the space to fit your operational needs. This could include buildouts for office areas or upgrades to HVAC systems.
4. Expansion Options: For businesses anticipating growth, it’s important to negotiate terms that allow for expansion within the property or nearby spaces.

Why Work with Our Team in Highland Park

Local Expertise and Personalized Service

Navigating the industrial real estate market in Highland Park requires deep local knowledge and an understanding of the unique opportunities the area offers. Our team of industrial real estate professionals specializes in helping businesses buy, sell, and lease industrial space in Highland Park and the surrounding North Shore communities.

We offer personalized service to guide you through every step of the process, from property evaluation to negotiation and closing. Our goal is to help you make informed decisions that align with your business objectives, whether you’re expanding operations, investing in industrial real estate, or leasing flexible space.

Access to Off-Market Opportunities

In a competitive market like Highland Park, many of the best industrial properties are available off-market. Our team has access to exclusive off-market listings, allowing us to present clients with opportunities that are not publicly available. This gives you a competitive advantage when looking for the right industrial space.

Data-Driven Insights

We continuously monitor market trends, local developments, and zoning changes to provide our clients with the most up-to-date information. Our data-driven approach ensures you make well-informed decisions when buying, selling, or leasing industrial space in Highland Park.

Amenities in Highland Park, Illinois

Highland Park offers a variety of attractions and activities for residents and visitors. Key points of interest include:

• Ravinia Festival: A world-renowned music festival featuring performances by classical, jazz, and popular artists. Ravinia Park is a cultural landmark and a major attraction in Highland Park.

• Chicago Botanic Garden: Located nearby, the garden offers beautiful landscapes, educational programs, and events. It’s a perfect spot for nature enthusiasts and families.

• Downtown Highland Park: Known for its vibrant shopping and dining scene, it provides a mix of local boutiques, restaurants, and entertainment options.

• Heller Nature Center: A natural preserve with trails for hiking, biking, and birdwatching. This area is perfect for nature lovers looking to explore the diverse local flora and fauna.

• North Shore Yacht Club: Offers sailing and boating activities on Lake Michigan, a popular spot for water sports enthusiasts.

• Skokie Valley Bike Trail: A well-maintained trail perfect for biking, jogging, and walking, providing scenic views and a peaceful environment.

• Highland Park Historical Society: This museum offers a glimpse into the town’s rich history through exhibits, tours, and educational programs.

Highland Park’s unique blend of historical charm, economic vitality, and recreational opportunities makes it a wonderful place to live, work, and explore. Whether you’re looking to invest in commercial real estate or visit, Highland Park, Illinois, has something for everyone. Given the high demand and limited availability of prime properties, it’s essential to act quickly when acquiring space, while sellers will find the market highly advantageous.

Contact Us Today

If you’re ready to explore industrial real estate opportunities in Highland Park, IL, our commercial real estate agents are ready to help. Contact us today to learn how our commercial property management team and commercial real estate agents in Highland Park can add value.