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Illinois Masonry Group Leases 22,000 SF Industrial Space At 1025 Busch Parkway In Buffalo Grove

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LEASED

Illinois

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Industrial22,000 SF
Leased 02/06/2024
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LEASED

Illinois Masonry Group Leases 22,000 SF Industrial Space At 1025 Busch Parkway In Buffalo Grove

1025 Busch Parkway

See Similar Deals
Industrial22,000 SF
Leased 02/06/2024
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,000 SF
Transaction Type:Lease

Illinois Masonry Group, a leading general contracting firm, is moving to a 22,000-square-foot building located at 1025 Busch Parkway in Buffalo Grove, Illinois. The industrial property offers a clear height of 19 feet, a dock, a large drive-in door, and 4,000 square feet of office space. The lease was facilitated by Brian Bocci of Entre Commercial Realty for the tenant and Michael Whetstone and Brian Silverman of JBS Commercial Real Estate for the landlord.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 22,000 SF
  • Address: 1025 Busch Parkway, Buffalo Grove, Illinois
  • Market: Buffalo Grove

The Illinois Masonry Group will be relocating to the industrial property at 1025 Busch Parkway. The lease was arranged through Brian Bocci from Entre Commercial Realty, representing the tenant, and Michael Whetstone and Brian Silverman from JBS Commercial Real Estate, representing the landlord. The move will provide the general contracting firm with a spacious facility suitable for their operations.

Players

Brian Silverman
2 deals$150M volume(312) 462-1023
BROKER

Brian Bocci
Entre Commercial Realty
6 deals$1.1M volume(847) 989-4485
BROKER

Details

LEASED
IMAGE: Michael Whetstone, Michael Whetstone & Brian Bocci DATE: 02/06/2024 ADDRESS: 1025 Busch Parkway MARKET: Buffalo Grove ASSET TYPE: Industrial ~ SF: 22,000 TENANT: Charles Vacala - Illinois Masonry Group LANDLORD'S REP: Brian Silverman & Michael Whetstone - JBS Commercial Real Estate (@JBSCRE) TENANT'S REP: Brian Bocci - Entre Commercial Realty NOTE: Illinois Masonry Group, a leading general contracting firm, is moving to a 22,000-square-foot building at 1025 Busch Parkway in Buffalo Grove, Illinois, leased through Entre Commercial. The space, with 19’ clear height, a dock, a large drive-in door, and 4,000 square feet of office, was facilitated by Brian Bocci for the tenant and Michael Whetstone and Brian Silverman for the landlord.

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Deal Type
Effective Rent (Annual)

$1,261,026.72

Total Lease Value

$12,610,267.24

Net Landlord Cash Flow$1,261,026.72