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Nuveen Leases 168741 Square Feet Industrial Facility In Monee With Greg Herren As Landlord

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LEASED

Illinois

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Industrial
Leased 03/06/2025
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LEASED

Nuveen Leases 168741 Square Feet Industrial Facility In Monee With Greg Herren As Landlord

25340 South Ridgeland Avenue

See Similar Deals
Industrial
Leased 03/06/2025
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Summary

ILLINOIS
Asset Type:Industrial
Transaction Type:Lease

The property asset involved in this lease transaction is an industrial facility located at 25340 South Ridgeland Avenue in Monee, Illinois. The building encompasses a total area of 168,741 square feet and was developed by Seefried Industrial Properties.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 25340 South Ridgeland Avenue
  • Market: Monee
  • Landlord: Greg Herren - Seefried Industrial Properties
  • Tenant: Bill Huffman - Nuveen
  • Brokers: Ryan Klink & Sean Henrick - Cushman & Wakefield

Key individuals involved in this transaction include Greg Herren representing the landlord, Greg Herren’s firm Seefried Industrial Properties, and tenant representative Bill Huffman of Nuveen. The brokers facilitating the transaction were Ryan Klink and Sean Henrick from Cushman & Wakefield.

Players

Ryan Klink
2 deals(847) 518-3211
BROKER

Sean Henrick
Cushman & Wakefield
5 deals$8.2M volume(847) 518-3215
BROKER

Seefried Industrial Properties
LANDLORD

William (Bill) Huffman
Nuveen
24 deals$2B volume
TENANT

Details

LEASED
IMAGE: Ryan Klink, Sean Henrick, Bill Huffman & Greg Herren DATE: 03/06/2025 ADDRESS: 25340 South Ridgeland Avenue MARKET: Monee ASSET TYPE: Industrial ~ SF: 168,741 LANDLORD: Greg Herren - Seefried Industrial Properties (@SeefriedIndustrialProperties) TENANT: Bill Huffman - Nuveen (@Nuveeninv) BROKERS: Ryan Klink & Sean Henrick - Cushman & Wakefield (@CushWake) NOTE: Nuveen has completed a 168,741-square-foot lease at its industrial facility in Monee, Illinois, achieving full occupancy with NewAge Products as the latest tenant. The building, developed by Seefried Industrial Properties, offers significant amenities and strategic access to major transportation corridors within the Chicago area.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97