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1109 Windham Parkway

Simoniz USA Renewed 18013 SF Lease At 1109 Windham Parkway With Broker Jeffrey Galante
LEASEDIndustrial

Simoniz USA Renewed 18013 SF Lease At 1109 Windham Parkway With Broker Jeffrey Galante

1109 Windham Parkway

Building Size

18,013 SF

Asset Type

Industrial

Closing

Apr 21, 2025

AI

1109 Windham Parkway is an industrial property located in Romeoville, IL, encompassing 18,013 square feet. The property is situated in a market that supports various industrial operations.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Renewal of lease
  • Address: 1109 Windham Parkway
  • Market: Romeoville
  • Landlord: Hamid Moghadam - Prologis
  • Tenant: Bill Gorra - Simoniz USA
  • Broker: Jeffrey Galante - Lee & Associates

Simoniz USA has renewed its lease at the aforementioned address. Jeffrey Galante of Lee & Associates represented the tenant in this transaction, while the landlord, Prologis, was self-represented.

Players

Jeffrey Galante

Lee & Associates

Broker

$30.1M

vol

17 deals

Broker
Hamid Moghadam

Hamid Moghadam

Prologis

Landlord

$2.6B

vol

51 deals

Landlord

Romeoville 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