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Lakeshore Academy Gymnastics North Leases 44,458 SF Industrial Space In Glenview From DRA Advisors
LEASED
Illinois
See Similar DealsIndustrial44,458 SF
Leased 05/08/2025
LEASED
Lakeshore Academy Gymnastics North Leases 44,458 SF Industrial Space In Glenview From DRA Advisors
1870 Elmdale Avenue
See Similar DealsIndustrial44,458 SF
Leased 05/08/2025
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:44,458 SF
Transaction Type:Lease
The property involved in this transaction is an industrial building located at 1870 Elmdale Avenue in Glenview, Illinois. The asset has a total square footage of 44,458. The landlord in this lease agreement is David Luski, representing DRA Advisors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: Long-term
- Market: Glenview
- Landlord: David Luski - DRA Advisors
- Tenant: Lakeshore Academy Gymnastics North
- Landlord's Rep: Brad Simousek, Jeffrey Janda & John Cassidy - Lee & Associates
- Tenant's Rep: Nick Schurer - Vestian
This transaction marks the signing of a long-term lease by Lakeshore Academy Gymnastics North for its third location. The landlord, DRA Advisors, was represented by Lee & Associates, while the tenant was represented by Vestian Global.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,548,305.73
Total Lease Value
$25,483,057.32
Net Landlord Cash Flow$2,548,305.73
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