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2791 Katherine Way, Elk Gro...

ProLogis Leases 58585 Square Feet To Partner Logistics At 2791 Katherine Way Elk Grove Village
LEASEDIndustrial

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.

Players

Kevin Segerson

CBRE

Broker

8 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

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