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IMPEX GLS Leases Industrial Space In Elk Grove Village To PPF Industrial 2475 Touhy Avenue

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LEASED

Illinois

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Industrial32,477 SF
Leased 06/13/2019
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Property Image
LEASED

IMPEX GLS Leases Industrial Space In Elk Grove Village To PPF Industrial 2475 Touhy Avenue

2475 W Touhy Ave, Elk Grove Village...

See Similar Deals
Industrial32,477 SF
Leased 06/13/2019
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:32,477 SF
Transaction Type:Lease

The property at 2475 W Touhy Ave, Elk Grove Village, Illinois, is an industrial asset spanning 32,477 square feet. This facility was leased by IMPEX GLS, a freight forwarding and supply chain management company. The building offers heavy office space and loading capabilities, situated conveniently near O’Hare International Airport with access to major expressways.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Tenant: IMPEX GLS
  • Square Feet: 32,477
  • Address: 2475 W Touhy Ave, Elk Grove Village, Illinois
  • Market: Elk Grove Village
  • Tenant's Rep: Noel Liston (Core Industrial Realty)
  • Landlord's Rep: Thomas Rodeno (Colliers International)
  • Landlord: PPF Industrial 2475 Touhy Avenue, LLC

Noel Liston and Nick Krejci, of Darwin Realty, facilitated the lease on behalf of the tenant, IMPEX GLS. Representing the landlord, PPF Industrial 2475 Touhy Avenue, LLC, was Tom Rodeno from Colliers International. The deal was a successful match between the tenant's needs and the property's features, highlighting the strategic location and ample space for the tenant's operations.

Players

Noel Liston
10 deals$39.4M volume
BROKER

Thomas Rodeno
Colliers
14 deals$22.6M volume
BROKER

Details

LEASED
IMAGE: 06/13/2019 ADDRESS: 2475 W Touhy Ave, Elk Grove Village... MARKET: Elk Grove Village ASSET TYPE: Industrial TENANT'S REP: Noel Liston(Core Industrial Realty) LANDLORD'S REP: Thomas Rodeno(Colliers International) TENANT: IMPEX GLS LANDLORD: PPF Industrial 2475 Touhy Avenue, LLC SQUARE FEET: 32477

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Deal Type
Effective Rent (Annual)

$1,861,562.04

Total Lease Value

$18,615,620.42

Net Landlord Cash Flow$1,861,562.04