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Worldwide Flight Services Leases 132K-SF Industrial Property Near O'Hare International Airport
LEASED
Illinois
See Similar DealsIndustrial
Leased 06/20/2023
LEASED
Worldwide Flight Services Leases 132K-SF Industrial Property Near O'Hare International Airport
10000 West Balmoral Avenue Chicago, Illinois 60666, Usa
See Similar DealsIndustrial
Leased 06/20/2023
Summary
ILLINOIS
Asset Type:Industrial
Transaction Type:Lease
Worldwide Flight Services has leased a 132,000-square-foot industrial property located at 10000 West Balmoral Ave in Chicago's Northeast Cargo Complex. The property, developed and owned by Realterm, also includes 10,000 square feet of office space. The lease transaction was completed on 06/20/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 10000 West Balmoral Avenue
- Market: Chicago
Realterm, represented by Bob Fordi from their agency, served as the landlord for this lease deal. Worldwide Flight Services, on the other hand, acted as the tenant. The property's proximity to O'Hare International Airport makes it an ideal location for an industrial facility.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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