Marketing Alternatives, Inc. Leases 117748 Square Feet At 2550 Northwest Pkwy Elgin From Stockbridge Capital Group
LEASED
Illinois
See Similar Deals117,748 SF
LEASED
Marketing Alternatives, Inc. Leases 117748 Square Feet At 2550 Northwest Pkwy Elgin From Stockbridge Capital Group
2550 Northwest Pkwy, Elgin, IL, 60124
See Similar Deals117,748 SF
Summary
ILLINOIS
Price Per Square Foot:$0
Total Square Footage:117,748 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 2550 Northwest Pkwy, Elgin, IL, 60124, within the Elgin market. The total square footage of the property is 117,748 square feet and it involves a lease agreement.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 117,748
- Address: 2550 Northwest Pkwy, Elgin, IL, 60124
- Market: Elgin
- Tenant: Marketing Alternatives, Inc.
- Landlord: Stockbridge Capital Group
- Tenant's Representative: David Bercu-Colliers International
- Landlord's Representative: John Sharpe-Lee & Associates
The key individuals involved in this transaction include David Bercu representing Marketing Alternatives, Inc. and John Sharpe representing Stockbridge Capital Group. These representatives played crucial roles in facilitating the lease agreement between the tenant and landlord.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$6,749,244.31
Total Lease Value
$67,492,443.06
Net Landlord Cash Flow$6,749,244.31
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