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10698 Seymour Avenue

Worldwide Flight Services Leases 66552 Square Feet At The Cubes At ORD In Franklin Park
LEASEDIndustrial

Worldwide Flight Services Leases 66552 Square Feet At The Cubes At ORD In Franklin Park

10698 Seymour Avenue

Building Size

66,552 SF

Asset Type

Industrial

Closing

Aug 29, 2025

AI

The property asset involved in this transaction is an industrial space located at 10698 Seymour Avenue in Franklin Park, with a size of 66,552 square feet. It is situated near O’Hare International Airport, which highlights its logistical advantages in the industrial market.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 10698 Seymour Avenue
  • Market: Franklin Park
  • Landlord: Bob Clark - CRG (CRG_Real_Estate)
  • Tenant: Worldwide Flight Services
  • Landlord's Representative: Brian Colson & Brian Pomorski - Avison Young
  • Tenant's Representative: Matthew (Matt) Mulvihill - CBRE

The deal was facilitated with the involvement of Avison Young representing the landlord, CRG, and CBRE representing the tenant, Worldwide Flight Services. This collaboration highlights the critical roles played by brokerage firms in executing the lease agreement.

Players

Brian Colson

Avison Young

Broker

3 deals

Broker
CBRE
CBREBrokerage
Avison Young
Avison YoungBrokerage
C
CRGLandlord

Franklin Park Industrial Market Snapshot

Boundary boundary · Industrial · 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