CommonGrounds Workplace Leases 30783 Square Feet At 33 N LaSalle St Chicago Through Jim Suber
33 N LaSalle St, Chicago, IL, 60602
Building Size
30,783 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The lease involves a commercial property located at 33 N LaSalle St, Chicago, IL, 60602. It comprises a total area of 30,783 square feet within the Chicago market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 33 N LaSalle St, Chicago, IL, 60602
- Square Feet: 30,783
- Tenant: CommonGrounds Workplace
- Landlord: The John Buck Company
- Tenant's Representative: Jim Suber-SREA Advisory
- Landlord's Representatives: Jessica O’Hara, Jon Cordell
This transaction highlights the involvement of key representatives in the leasing deal, with Jim Suber from SREA Advisory representing CommonGrounds Workplace, while Jessica O’Hara and Jon Cordell represented The John Buck Company in the lease agreement.
On the Map
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