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Lee & Associates Brokers Lease For Advanced Plastic Corp In Des Plaines Industrial Building

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LEASED
John Cassidy
+ 2

Illinois

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Industrial175,406 SF
Leased 09/21/2023
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Property Image
LEASED

Lee & Associates Brokers Lease For Advanced Plastic Corp In Des Plaines Industrial Building

1723 Marshall Drive & 1757 Marshall Drive

See Similar Deals
Industrial175,406 SF
Leased 09/21/2023
John Cassidy
+ 2
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:175,406 SF
Transaction Type:Lease

Lee & Associates has closed a long-term lease for an 87,703-square-foot industrial building located at 1723-1757 Marshall Drive in Des Plaines, IL. This industrial property, situated in the Des Plaines market, is owned by DRA Advisors, with David Luski serving as their representative. The tenant of this property is Advanced Plastic Corp, represented by James Stoesser.

Summary of transaction details:

  • Property Type: Industrial
  • Square Footage: 87,703
  • Address: 1723-1757 Marshall Drive, Des Plaines, IL
  • Market: Des Plaines
  • Landlord: DRA Advisors - David Luski
  • Tenant: Advanced Plastic Corp - James Stoesser

Rick Anesiv, Jeff Janda, John Cassidy, and Brad Simousek, all from Lee & Associates, were the brokers involved in this leasing transaction. They successfully represented Advanced Plastic Corp in securing the property. On the other hand, Jeff Janda, John Cassidy, and Brad Simousek, also from Lee & Associates, represented the landlord, DRA Advisors, in this deal.

Players

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


John Cassidy
Lee & Associates
19 deals$54.4M volume(312) 371-0098
BROKER

Rick Anesiv
Lee & Associates
9 deals$1.3M volume(847) 910-1516
BROKER

David Luski
DRA Advisors
33 deals$3.3B volume
LANDLORD

Details

LEASED
IMAGE: John Cassidy, Rick Anesiv, David Luski, Brad Simousek & Jeff Janda DATE: 09/21/2023 ADDRESS: 1723-1757 Marshall Drive MARKET: Des Plaines ASSET TYPE: Industrial ~ SF: 87,703 LANDLORD: DRA Advisors - David Luski TENANT: Advanced Plastic Corp - James Stoesser BROKERS: Rick Anesiv, Jeff Janda, John Cassidy & Brad Simousek - Lee & Associates (@leeassociatesre) LEASE TERMS: long-term NOTE: Lee & Associates has closed a long-term lease for an 87,703-square-foot industrial building in Des Plaines, IL. The tenant, Advanced Plastic Corp, was represented by Rick Anesi of Lee & Associates, while the owner, DRA Advisors, was represented by Jeff Janda, John Cassidy, and Brad Simousek, all from Lee & Associates.

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Deal Type
Effective Rent (Annual)

$10,054,166.07

Total Lease Value

$100,541,660.73

Net Landlord Cash Flow$10,054,166.07