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Green Bay Packaging Inc. Leases 74000 Square Feet At 2200 Sullivan Road In Aurora

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LEASED

Illinois

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Industrial74,000 SF
Leased 08/05/2024
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LEASED

Green Bay Packaging Inc. Leases 74000 Square Feet At 2200 Sullivan Road In Aurora

2200 Sullivan Road

See Similar Deals
Industrial74,000 SF
Leased 08/05/2024
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:74,000 SF
Transaction Type:Lease

The industrial property at 2200 Sullivan Road in Aurora encompasses a total of 356,000 square feet, with Green Bay Packaging Inc. leasing 74,000 square feet of this facility. The lease transaction represents a significant movement in the local industrial market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2200 Sullivan Road
  • Market: Aurora
  • Asset Size: 74,000 square feet leased
  • Landlord: Adon Panattoni - Panattoni Development
  • Tenant: Green Bay Packaging Inc.
  • Landlord's Representative: Nick Krejci & Noel Liston - Core Industrial Realty
  • Tenant's Representative: Mike Plumb - Lee & Associates
  • Remaining Space Available: 96,150 square feet

Core Industrial Realty and Lee & Associates played integral roles in facilitating this lease, highlighting their influence in the industrial real estate sector. The transaction solidifies the position of Panattoni Development in the area, emphasizing their ongoing development efforts.

Players

Noel Liston
10 deals$39.4M volume
BROKER

Nick Krejci
Core Industrial Realty
6 deals$20M volume
BROKER

Michael (Mike) Plumb
Lee & Associates
11 deals$11.6M volume(847) 560-0481
BROKER

Details

LEASED
IMAGE: Adon Panattoni, Nick Krejci, Noel Liston & Mike Plumb DATE: 08/05/2024 ADDRESS: 2200 Sullivan Road MARKET: Aurora ASSET TYPE: Industrial ~ SF: 74,000 LANDLORD: Adon Panattoni - Panattoni Development TENANT: Green Bay Packaging Inc. LANDLORD'S REP: Nick Krejci & Noel Liston - Core Industrial Realty TENANT'S REP: Mike Plumb - Lee & Associates (@LeeAssociatesRE) NOTE: Green Bay Packaging Inc. leased 74,000 square feet at 2200 Sullivan Road in Aurora, a 356,000-square-foot facility developed by Panattoni Development. Core Industrial Realty and Lee & Associates facilitated the deal, with one remaining 96,150-square-foot space available at the property.

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Deal Type
Effective Rent (Annual)

$4,241,635.35

Total Lease Value

$42,416,353.45

Net Landlord Cash Flow$4,241,635.35