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Lee & Associates Leases 87,640 SF Industrial Warehouse In Addison, IL

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LEASED
Nick Krejci
Jeffrey (Jeff) Janda
+ 1

Illinois

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Industrial87,640 SF
Leased 11/02/2023
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Property Image
LEASED

Lee & Associates Leases 87,640 SF Industrial Warehouse In Addison, IL

133 North Swift Road

See Similar Deals
Industrial87,640 SF
Leased 11/02/2023
Nick Krejci
Jeffrey (Jeff) Janda
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:87,640 SF
Transaction Type:Lease

A long-term lease has been secured by Lee & Associates for an undisclosed electrical manufacturing company at 133 N. Swift Rd. in Addison, IL. The property, located in the Central DuPage submarket, offers 87,640 square feet of industrial space. It features 29' ceilings, three interior docks, and one drive-in door. Situated on nearly five acres, this warehouse presents an attractive opportunity for the tenant.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 87,640
  • Address: 133 North Swift Road, Addison, IL
  • Market: Addison

The Landlord's representatives in this deal were Nick Krejci and Noel Liston from Core Industrial Realty. Acting on behalf of the tenant, Jeff Janda and Jeffrey Galante from Lee & Associates facilitated the transaction, ensuring a successful lease agreement for the undisclosed electrical manufacturing company. With their expertise, they secured a favorable deal for both parties involved in the long-term lease.

Players

Jeffrey (Jeff) Janda
27 deals$27.2M volume(847) 736-7338
BROKER

Noel Liston
Core Industrial Realty
10 deals$39.4M volume
BROKER

Nick Krejci
Core Industrial Realty
6 deals$20M volume
BROKER

Jeffrey (Jeff) Galante
Lee & Associates
16 deals$19.6M volume(630) 363-7605
BROKER

Details

LEASED
IMAGE: Jeffrey Galante, Nick Krejci, Noel Liston & Jeff Janda DATE: 11/02/2023 ADDRESS: 133 North Swift Road MARKET: Addison ASSET TYPE: Industrial ~ SF: 87,640 LANDLORD'S REP: Nick Krejci & Noel Liston - Core Industrial Realty TENANT'S REP: Jeff Janda & Jeffrey Galante - Lee & Associates (@LeeAssociatesRE) NOTE: Lee & Associates has fully leased the 87,640-square-foot warehouse at 133 N. Swift Rd. in Addison, IL, to an undisclosed electrical manufacturing company in a long-term lease. The property features 29' ceilings, three interior docks, and one drive-in door on nearly five acres in the Central DuPage submarket.

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Deal Type
Effective Rent (Annual)

$5,023,471.91

Total Lease Value

$50,234,719.14

Net Landlord Cash Flow$5,023,471.91