Blue Star Properties Leases 15291 Square Feet At 125 S Clark St Chicago To Tenant's Rep JLL
125 S Clark St, Chicago, IL, 60603
Building Size
15,291 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this lease transaction is located at 125 S Clark St, Chicago, IL, 60603, within the Chicago market. The leased space encompasses 15,291 square feet and is under the ownership of Blue Star Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Address: 125 S Clark St, Chicago, IL, 60603
- Market: Chicago
- Square Feet: 15,291
- Landlord: Blue Star Properties
- Tenant's Representatives: Corey Siegrist-JLL, Jim Rose-JLL
The transaction features the involvement of Corey Siegrist and Jim Rose from JLL as the tenant's representatives, managing the interests of the tenant throughout this deal, alongside Blue Star Properties as the landlord.
Players
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