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Snap36 Leases 42000 Square Feet At 219 N Paulina St Chicago Represented By Jordan Decker And Adam McCostlin

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LEASED
Mitch Adams

Illinois

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Industrial42,000 SF
Leased 07/11/2018
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LEASED

Snap36 Leases 42000 Square Feet At 219 N Paulina St Chicago Represented By Jordan Decker And Adam McCostlin

219 N Paulina St, Chicago, IL, 60612

See Similar Deals
Industrial42,000 SF
Leased 07/11/2018
Mitch Adams
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:42,000 SF
Transaction Type:Lease

The property involved in this transaction is a lease located at 219 N Paulina St, Chicago, IL, 60612. The asset encompasses a total square footage of 42,000. The lease is situated in the Chicago market and represents an expansion for the tenant.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 219 N Paulina St, Chicago, IL, 60612
  • Square Feet: 42,000
  • Tenant: Snap36
  • Landlord: Mirae Asset Global Investments
  • Tenant's Representatives: Jordan Decker (Stream Realty Partners), Adam McCostlin (Cushman & Wakefield)
  • Landlord's Representative: Mitch Adams (CBRE)

Snap36, a tech firm specializing in 360-degree and 3D imagery and technology, has expanded its operations from a previous headquarters of 7,000 square feet to the newly leased space. This growth reflects the company's increasing footprint in the Near West Side region.

Players

JD
2 deals
BROKER



LANDLORD

Details

LEASED
IMAGE: 219 N Paulina St, Chicago, IL, 60612 MARKET: Chicago TENANT'S REP: Jordan Decker(Stream Realty Partners⁠), Adam McCostlin(Cushman & Wakefield) TENANT: Snap36 LANDLORD: Mirae Asset Global Investments SQUARE FEET: 42000

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Deal Type
Effective Rent (Annual)

$2,407,414.66

Total Lease Value

$24,074,146.55

Net Landlord Cash Flow$2,407,414.66