facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

1305 West Algonquin Road

Seefried Industrial Properties Leases 190606 SF Industrial Space To Accelerated Global Solutions In Mount Prospect
LEASEDIndustrial

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

Jonathan Kohn

Colliers

Broker

3 deals

Broker
Colliers
ColliersBrokerage
CBRE
CBREBrokerage
Seefried Industrial Properties
Seefried Industrial PropertiesLandlord

Arlington Heights Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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