ProLogis Leases 58585 Square Feet To Partner Logistics At 2791 Katherine Way Elk Grove Village
2791 Katherine Way, Elk Grove Villag...
Building Size
58,585 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
The property located at 2791 Katherine Way in Elk Grove Village covers a total area of 58,585 square feet. It is situated within the Sacramento market. The transaction involves a lease agreement between the landlord ProLogis and the tenant Partner Logistics.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 2791 Katherine Way, Elk Grove Village
- Market: Sacramento
- Landlord: ProLogis
- Tenant: Partner Logistics
- Landlord's Representatives: Kevin Segerson, Matt Mulvihill, Calum Payne - CBRE
- Square Feet: 58,585
This lease transaction involves key representatives from CBRE, who facilitated the deal on behalf of the landlord ProLogis, ensuring a smooth negotiation process between the landlord and Partner Logistics.
Sacramento Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93