Seefried Industrial Properties Leases 190606 SF Industrial Space To Accelerated Global Solutions In Mount Prospect
1305 West Algonquin Road
Building Size
190,606 SF
Asset Type
Industrial
Closing
Jul 28, 2025
AI
The property asset involved in this transaction is an industrial facility located at 1305 West Algonquin Road in Mount Prospect, encompassing a total area of 190,606 square feet. The landlord for this deal is Seefried Industrial Properties, and it involves a prelease agreement with the tenant, Accelerated Global Solutions. The asset is categorized under the industrial market segment.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 190,606
- Address: 1305 West Algonquin Road
- Market: Mount Prospect
- Landlord: Greg Herren - Seefried Industrial Properties
- Tenant: Accelerated Global Solutions
- Landlord's Representative: Jason Lev, John Suerth & Jimmy Kowalczyk - CBRE
- Tenant's Representative: Jonathan Kohn & John D’Orazio - Colliers
This transaction was facilitated alongside notable individuals in the brokerage field. Seefried Industrial Properties had their interests represented by Jason Lev, John Suerth, and Jimmy Kowalczyk from CBRE, while the tenant, Accelerated Global Solutions, was represented by Jonathan Kohn and John D’Orazio from Colliers. The deal was executed before the completion of the O’Hare Logistics Center 16.
Players
Arlington Heights 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