CTL Global Leases 68913 Square Feet At 1200 Thorndale Ave Elk Grove Village ProLogis Landlord
LEASED
Illinois
See Similar DealsIndustrial68,913 SF
LEASED
CTL Global Leases 68913 Square Feet At 1200 Thorndale Ave Elk Grove Village ProLogis Landlord
1200 Thorndale Ave, Elk Grove Village...
See Similar DealsIndustrial68,913 SF
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:68,913 SF
Transaction Type:Lease
The property involved in this transaction is located at 1200 Thorndale Ave, Elk Grove Village, comprising a total area of 68,913 square feet. It is situated in the Elk Grove Village market and is owned by ProLogis.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1200 Thorndale Ave, Elk Grove Village
- Landlord: ProLogis
- Tenant: CTL Global
- Square Feet: 68,913
- Landlord's Rep: Kevin Segerson, Matt Mulvihill, Calum Payne - CBRE
The deal involved CTL Global as the tenant, signaling a strategic move into the Elk Grove Village area. The representatives from CBRE played a crucial role in facilitating the lease agreement between the landlord, ProLogis, and the tenant.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,950,051.57
Total Lease Value
$39,500,515.75
Net Landlord Cash Flow$3,950,051.57
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