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MapleTree Investments Leases 52,922 Square Feet To TA Cabinets In Des Plaines, Illinois

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LEASED

Illinois

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Industrial52,922 SF
Leased 07/25/2024
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LEASED

MapleTree Investments Leases 52,922 Square Feet To TA Cabinets In Des Plaines, Illinois

2050 South Mount Prospect Road

See Similar Deals
Industrial52,922 SF
Leased 07/25/2024
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:52,922 SF
Transaction Type:Lease

The asset involved in this transaction is an industrial property located at 2050 South Mount Prospect Road Unit B & C in Des Plaines, IL. The property encompasses 52,922 square feet and is positioned in the industrial market segment. The landlord for this lease is MapleTree Investments.

Summary of transaction details:

The transaction involved TA Cabinets as the tenant, with representation from Marat Safir of TMG Real Estate Advisors. The leasing activity was handled by Calvin Gunn and Christopher Nelson from Lee & Associates, who represented the landlord, MapleTree Investments. This lease transaction reflects the collaborative efforts of the involved agencies and individuals to facilitate the agreement.

Players

Calvin Gunn
4 deals(847) 254-3441
BROKER

Christopher (Chris) Nelson
Lee & Associates
15 deals$44M volume(773) 655-5689
BROKER

Marat Safir
TMG Real Estate Advisors
1 deal
BROKER

Details

LEASED
IMAGE: 07/25/2024 ADDRESS: 2050 South Mount Prospect Road Unit B & C MARKET: Des Plaines ASSET TYPE: Industrial ~ SF: 52,922 LANDLORD: MapleTree Investments TENANT: TA Cabinets LANDLORD'S REP: Calvin Gunn & Christopher Nelson - Lee & Associates TENANT'S REP: Marat Safir - TMG Real Estate Advisors NOTE: Lee & Associates leased 52,922 square feet at 2050 S Mount Prospect Road, Des Plaines, IL, to TA Cabinets. Chris Nelson and Calvin Gunn represented the landlord, MapleTree Investments, while Marat Safir from TMG Real Estate Advisors represented the tenant.

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Deal Type
Effective Rent (Annual)

$3,033,457.10

Total Lease Value

$30,334,571.05

Net Landlord Cash Flow$3,033,457.10