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John B. Sanfilippo & Son, Inc. Expands In Chicago's Huntley With 444,600 SF Lease

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LEASED
John Sharpe
Reed Adler
+ 1

Illinois

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Industrial444,600 SF
Leased 06/18/2024
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Property Image
LEASED

John B. Sanfilippo & Son, Inc. Expands In Chicago's Huntley With 444,600 SF Lease

12300 Jim Dhamer Drive

See Similar Deals
Industrial444,600 SF
Leased 06/18/2024
John Sharpe
Reed Adler
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:444,600 SF
Transaction Type:Lease

The industrial property located at 12300 Jim Dhamer Drive in Huntley, IL, spans 444,600 square feet and was leased in a significant transaction. The landlord, Mark Goode of Venture One Real Estate, facilitated a lease agreement with tenant Jeffrey Sanfilippo of John B. Sanfilippo & Son, Inc.

Summary of transaction details:

Lee & Associates played a key role in negotiating the lease for John B. Sanfilippo & Son, Inc. at Venture Park 47 in Huntley, IL. The lease supports JBSS's expansion plans following their recent acquisition of TreeHouse Foods’ snack bars business, aligning with both economic and logistical requirements.

Players

Brian Kling
4 deals(630) 430-3812
BROKER



Details

LEASED
IMAGE: Brian Kling, Reed Adler, Jeffrey Sanfilippo, John Sharpe, Mark Goode & Frank Griffin DATE: 06/18/2024 ADDRESS: 12300 Jim Dhamer Drive MARKET: Huntley ASSET TYPE: Industrial ~ SF: 444,600 LANDLORD: Mark Goode - Venture One Real Estate TENANT: Jeffrey Sanfilippo - John B. Sanfilippo & Son, Inc. LANDLORD'S REP: Brian Kling & Reed Adler - Colliers (@ColliersInternational) TENANT'S REP: Frank Griffin & John Sharpe - Lee & Associates (@LeeAssociatesRE) NOTE: Lee & Associates facilitated a significant 444,600-square-foot lease for John B. Sanfilippo & Son, Inc. at Venture Park 47 in Huntley, IL, marking one of the largest industrial leases in Chicago’s North Kane County submarket during the second quarter and the fourth largest in the metropolitan area. The lease, negotiated by principals Frank Griffin and John Sharpe, supports JBSS's expansion following their recent acquisition of TreeHouse Foods’ snack bars business, meeting both economic and logistical needs.

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Deal Type
Effective Rent (Annual)

$25,484,203.71

Total Lease Value

$254,842,037.09

Net Landlord Cash Flow$25,484,203.71