Kevin Williamson Of RJW Logistics Group Renews 512265 SF Industrial Lease With Landlord Ryan Hesch In Lockport
14908 Gougar Road
Building Size
512,265 SF
Asset Type
Industrial
Closing
Feb 2, 2026
AI
The asset involved in this lease transaction is an industrial property located at 14908 South Gougar Road in Lockport. The total square footage of the property is 512,265, indicating it serves substantial logistics needs within the market. The property is managed by ML Realty Partners, a key player in the industrial real estate sector.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 14908 South Gougar Road
- Market: Lockport
- Landlord: Ryan Hesch - ML Realty Partners
- Tenant: Kevin Williamson - RJW Logistics Group
The transaction highlights key representatives in the deal, with Ryan Hesch representing the interests of the landlord, ML Realty Partners, while Kevin Williamson represents RJW Logistics Group as the tenant. This lease renewal illustrates the trend of large logistics tenants choosing to remain in core industrial corridors of the Chicago area.
Players
Lockport 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