Updated Oct 29, 2024
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
About this deal
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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 8750 W Bryn Mawr Ave, Chicago, IL
- Market: Chicago
- Square Feet: 80,000
- Tenant: First Midwest Bancorp
- Landlord: FCA
- Tenant's Representatives: Andrew Davidson (Transwestern), David Burkards (Transwestern), Jay Beadle (MB Real Estate)
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.
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Commercial
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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