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125 S Clark St, Chicago, IL...

Blue Star Properties Leases 15291 Square Feet At 125 S Clark St Chicago To Tenant's Rep JLL
LEASED

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

Corey Siegrist

JLL

Broker

3 deals

Broker
Blue Star Properties
Blue Star PropertiesBrokerage
Blue Star Properties
Blue Star PropertiesLandlord

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