Firm selected to manage six-story office building in River North for Fritz Duda Company

Hiffman National, the property management and advisory services division of real estate services firm NAI Hiffman, today announced it has been selected by Fritz Duda Company to manage 212 W. Kinzie St., a six-story, 24,625-square-foot office property located in Chicago’s River North submarket.

“This assignment reinforces Hiffman National’s growing presence and established capabilities in Chicago’s urban core,” said Carrie Szarzynski, senior managing director and head of management services at Hiffman National. “212 W. Kinzie is a highly visible asset, and we’re proud to partner with Fritz Duda Company to deliver tailored, hands-on property management that reflects the building’s stature and appeal.”

Hiffman National will lead day-to-day management operations for the building, which is located steps from the Merchandise Mart and Chicago River.

Supporting Hiffman National’s growth strategy in downtown Chicago is the recent addition of Gannon O’Brien as director of management services. A seasoned commercial real estate professional, O’Brien recently joined the firm to help oversee and expand its office portfolio in the urban core. O’Brien brings a wealth of experience in managing premier office assets and will play a pivotal role in enhancing service delivery and client engagement for the firm’s growing portfolio of downtown properties.

Alexandria Borrego, associate director – management services at Hiffman National, will lead the on-site management team at 212 W. Kinzie.

According to NAI Hiffman’s Q1 2025 Office Market Report, Chicago’s central business district recorded 306,844 square feet of absorption in the first three months of the year, and overall vacancy decreased to 23.6% during the same period, marking the first time in 10 quarters the rate has not increased.

Hiffman National currently manages 25 office properties in Illinois and 45 office buildings nationwide. Since launching with just four Illinois assignments in 2005, the firm has grown to oversee a portfolio of 620 office, industrial and retail buildings totaling over 95 million square feet as of June 2025.

This latest assignment also marks the start of a new relationship between Hiffman National and the Fritz Duda Company, a nationally recognized real estate investment firm known for its expertise in development and asset repositioning.

About Hiffman National:

Based in the Chicago area, with an additional five regional hubs and 30 satellite offices, Hiffman National provides superior property management, project services and accounting services to a diverse portfolio including office, medical office, retail and industrial properties nationally. The firm’s comprehensive property management platform and attentive approach to service contributes to client NOI and has helped the firm to more than double in size in five years. Hiffman National is an award winning company headquartered in suburban Chicago, with more than 275 employees strategically located throughout North America.