Updated Sep 4, 2026
LEASEDIndustrial
McDonald Associates Inc Signs 25631 Square Foot Industrial Lease At 1071 Thorndale Avenue Bensenville
1071 Thorndale Avenue
Building Size
25,631 SF
Asset Type
Industrial
Closing
Apr 2, 2025
About this deal
AI
The property asset involved in this transaction is an industrial space located at 1071 Thorndale Avenue in Bensenville. The leased area encompasses 25,631 square feet, and the property has achieved full occupancy through this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 25,631
- Address: 1071 Thorndale Avenue
- Market: Bensenville
- Landlord: Hamid Moghadam - Prologis
- Tenant: McDonald Associates Inc
- Landlord's Representative: Christopher Nelson - Lee & Associates
- Tenant's Representative: Jeff Fischer - KBC Advisors
This transaction culminated in McDonald Associates Inc. signing the lease, with Christopher Nelson representing the landlord Prologis and Jeff Fischer representing the tenant. The involvement of these representatives underscores their roles in facilitating the agreement between the landlord and tenant.
On the Map
Industrial
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Players
Bensenville 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