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111 E Upper Wacker Dr, Chic...

Kopon Airdo LLC Leases 13343 Square Feet From AmTrust Realty In Chicago At 111 E Upper Wacker Dr
LEASED

Kopon Airdo LLC Leases 13343 Square Feet From AmTrust Realty In Chicago At 111 E Upper Wacker Dr

111 E Upper Wacker Dr, Chicago, IL, 6...

Building Size

13,343 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this lease transaction is located at 111 E Upper Wacker Dr, Chicago, IL. The total square footage of the asset is 13,343 square feet in the Chicago market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 111 E Upper Wacker Dr, Chicago, IL
  • Market: Chicago
  • Tenant: Kopon, Airdo LLC
  • Landlord: AmTrust Realty
  • Tenant's Representatives: Corby Marx-Colliers International, John Iglar-Douglas Elliman

Key representatives involved in the transaction include Corby Marx from Colliers International and John Iglar from Douglas Elliman, acting on behalf of the tenant, Kopon, Airdo LLC, while AmTrust Realty serves as the landlord for this leasing arrangement.

Players

John Iglar

Douglas Elliman

Broker

$3.2M

vol

2 deals

Broker
AR
AmTrust RealtyLandlord

Chicago CRE Market Snapshot

Boundary boundary · CRE · 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