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CBRE & Lee & Lakeview Lease Industrial Space To Xpedient Management Group In Romeoville

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LEASED

Illinois

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Industrial22,265 SF
Leased 04/24/2019
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Property Image
LEASED

CBRE & Lee & Lakeview Lease Industrial Space To Xpedient Management Group In Romeoville

101 Paragon Dr, Romeoville, IL, 60446

See Similar Deals
Industrial22,265 SF
Leased 04/24/2019
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,265 SF
Transaction Type:Lease

Located at 101 Paragon Drive in Romeoville, Illinois, this industrial property spans 22,265 square feet. The lease transaction for this asset was recently closed between the tenant, Xpedient Management Group, and the landlord, Lakeview Realty Investors.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 101 Paragon Dr, Romeoville, IL, 60446
  • Market: Romeoville
  • Tenant's Rep: Stephanie Park(CBRE), Traci Payette()
  • Tenant: Xpedient Management Group
  • Landlord: Lakeview Realty Investors
  • Square Feet: 22,265

The lease deal was facilitated by Terry Grapenthin, Jeff Galante, and Ryan Earley from Lee & Associates’ Illinois office, who represented the landlord, Lakeview Realty Investors. On the other side, the tenant, Xpedient Management Group, was represented by Traci Payette and Stephanie Park from CBRE. The negotiation involved structuring a deal that aligned with the tenant's budget requirements, showcasing the collaborative effort between the parties involved.

Players

Stephanie Park
3 deals$50.3M volume
BROKER

Traci Payette
3 deals$50.3M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: 04/24/2019 ADDRESS: 101 Paragon Dr, Romeoville, IL, 60446 MARKET: Romeoville ASSET TYPE: Industrial TENANT'S REP: Stephanie Park(CBRE), Traci Payette() TENANT: Xpedient Management Group LANDLORD: Lakeview Realty Investors SQUARE FEET: 22265

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Deal Type
Effective Rent (Annual)

$1,276,216.36

Total Lease Value

$12,762,163.64

Net Landlord Cash Flow$1,276,216.36