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David C. Cook Leases 152014 SF Industrial Space At 1700 Madeline Lane In Elgin

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LEASED

Illinois

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Industrial152,014 SF
Leased 02/24/2025
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LEASED

David C. Cook Leases 152014 SF Industrial Space At 1700 Madeline Lane In Elgin

1700 Madeline Lane

See Similar Deals
Industrial152,014 SF
Leased 02/24/2025
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:152,014 SF
Transaction Type:Lease

The asset involved in this transaction is a Class A industrial property located at 1700 Madeline Lane in Elgin, Illinois. The facility encompasses 152,014 square feet and is currently leased to David C. Cook. The landlord for this property is Seefried Industrial Properties, and there remains 168,932 square feet available for lease within the facility.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1700 Madeline Lane
  • Market: Elgin
  • Square Footage: 152,014
  • Landlord: Greg Herren - Seefried Industrial Properties
  • Tenant: David C. Cook
  • Landlord's Rep: Cushman & Wakefield
  • Tenant's Rep: CBRE

David C. Cook signed a long-term lease agreement with Seefried Industrial Properties to utilize the leased space as its main distribution center. The deal involved CBRE representing the tenant, while Cushman & Wakefield acted as the representative for the landlord.

Players

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Details

LEASED
IMAGE: Greg Herren DATE: 02/24/2025 ADDRESS: 1700 Madeline Lane MARKET: Elgin ASSET TYPE: Industrial ~ SF: 152,014 LANDLORD: Greg Herren - Seefried Industrial Properties (@SeefriedIndustrialProperties) TENANT: David C. Cook LANDLORD'S REP: Cushman & Wakefield (@CushWake) TENANT'S REP: CBRE (@CBRE) NOTE: David C. Cook signed a 152,014 SF long-term lease at 1700 Madeline Lane in Elgin, Ill., with Seefried Industrial Properties and a U.S.-based family office, using the space as its main distribution center. CBRE represented the tenant, while Cushman & Wakefield represented the landlord, with 168,932 SF still available for lease at the Class A industrial facility.

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Deal Type
Effective Rent (Annual)

$8,713,350.75

Total Lease Value

$87,133,507.48

Net Landlord Cash Flow$8,713,350.75