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222 Sivert Court

TAFCO Corporation Signs Long-Term Lease For 187460 Square Feet Industrial Space In Bensenville
LEASEDIndustrial

TAFCO Corporation Signs Long-Term Lease For 187460 Square Feet Industrial Space In Bensenville

222 Sivert Court

Building Size

187,460 SF

Asset Type

Industrial

Closing

Oct 9, 2025

AI

An industrial property located at 222 Sievert Court in Bensenville encompasses a total area of 187,460 square feet. It is part of the O’Hare market and previously facilitated a significant long-term lease transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Lease Term: Long-term
  • Landlord: DRA Advisors
  • Tenant: TAFCO Corporation
  • Landlord's Representative: Jeff Janda & John Cassidy - Lee & Associates
  • Tenant's Representative: Mark Baumhart - NAI Hiffman

Lee & Associates successfully arranged the lease for TAFCO Corporation to occupy the industrial space. Jeff Janda and John Cassidy represented the landlord, DRA Advisors, while Mark Baumhart of NAI Hiffman acted on behalf of the tenant, TAFCO Corporation.

Players

Jeffrey Janda

Lee & Associates

Broker

$37.7M

vol

28 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
NAI Hiffman
NAI HiffmanBrokerage
David Luski

David Luski

DRA Advisors

Landlord

$3.3B

vol

33 deals

Landlord
DRA Advisors
DRA AdvisorsLandlord
TAFCO Corporation
TAFCO CorporationTenant

Bensenville Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93