Flint Group Leases 31000 Square Feet At 1225 Lakeside Dr In Romeoville With Corey Chase As Tenant's Rep
LEASED
Illinois
See Similar Deals31,000 SF
LEASED
Flint Group Leases 31000 Square Feet At 1225 Lakeside Dr In Romeoville With Corey Chase As Tenant's Rep
1225 Lakeside Dr, Romeoville, IL, 60446
See Similar Deals31,000 SF
Summary
ILLINOIS
Price Per Square Foot:$0
Total Square Footage:31,000 SF
Transaction Type:Lease
1225 Lakeside Dr is an industrial asset located in Romeoville, IL, with a total lease space of 31,000 square feet. This property offers direct access to I-55 and Route 53, making it strategically positioned within the I-55 Corridor industrial submarket, which is known for its low average asking rents and significant industrial inventory.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Unknown
- Address: 1225 Lakeside Dr, Romeoville, IL, 60446
- Market: Romeoville
- Tenant: Flint Group
- Tenant's Representative: Corey Chase - Newmark Grubb Knight Frank
- Landlord: Unknown
- Square Feet: 31,000
Corey B. Chase from Newmark Grubb Knight Frank represented Flint Group in this lease renewal. George Cibula of Darwin Realty/CORFAC International acted on behalf of the ownership. Flint Group, a major supplier to the printing and packaging industry worldwide, aims to leverage this location further with a tenant improvement package to update their space, enhancing their operational capabilities.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,776,901.29
Total Lease Value
$17,769,012.93
Net Landlord Cash Flow$1,776,901.29
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