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8750 W Bryn Mawr Ave, Chica...

FCA Leases 80000 Square Feet To Tenant Represented By Andrew Davidson And Team In Chicago
LEASEDCommercial

FCA Leases 80000 Square Feet To Tenant Represented By Andrew Davidson And Team In Chicago

8750 W Bryn Mawr Ave, Chicago, IL, 6...

Building Size

80,000 SF

Asset Type

Commercial

Closing

Feb 7, 2017

AI

The property involved is located at 8750 W Bryn Mawr Ave, Chicago, IL, and consists of 80,000 square feet. It is situated in the Chicago market and is being leased by FCA.

Summary of transaction details:

MB Real Estate's Andrew Davidson, Jay Beadle, and David Burkards facilitated the lease transaction for First Midwest Bancorp as it relocates its headquarters from Itasca to the Northwest Side of Chicago at Triangle Plaza.

Players

Jay Beadle

Transwestern

Broker

$9.5M

vol

3 deals

Broker
FCA
FCALandlord

Chicago Commercial Market Snapshot

Boundary boundary · Commercial · 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