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ProLogis Leases 42260 Square Feet At 2701 Lively Blvd Elk Grove Village With Eric Tresslar

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LEASED

Illinois

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Industrial42,260 SF
Leased 07/04/2017
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Property Image
LEASED

ProLogis Leases 42260 Square Feet At 2701 Lively Blvd Elk Grove Village With Eric Tresslar

2701 Lively BLVD, Elk Grove Village, I...

See Similar Deals
Industrial42,260 SF
Leased 07/04/2017
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:42,260 SF
Transaction Type:Lease

The property involved in the transaction is a 42,260-square-foot facility located at 2701 Lively Blvd in Elk Grove Village, Illinois. It is part of the Elk Grove Village market and is owned by ProLogis. The property is noted for its industrial space and leases connecting to various business operations.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 2701 Lively Blvd, Elk Grove Village, Illinois
  • Market: Elk Grove Village
  • Landlord: ProLogis
  • Landlord's Representative: Eric Tresslar, NAI Capital
  • Square Feet: 42,260

Eric Tresslar of NAI Capital represented ProLogis in the leasing deal for the property. The leasing efforts led to Atrend USA, a manufacturer of speaker enclosures, continuing its operations at this location. This transaction is part of a broader initiative involving multiple leases and renewals within the Chicago's O’Hare submarket, totaling over 170,000 square feet across several sites.

Players

Eric Tresslar
2 deals$36M volume
BROKER

Prologis
BROKERAGE

Prologis
LANDLORD

Details

LEASED
IMAGE: 2701 Lively BLVD, Elk Grove Village, I... MARKET: Elk Grove Village LANDLORD'S REP: Eric Tresslar(NAI Capital) TENANT: LANDLORD: ProLogis SQUARE FEET: 42260

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Deal Type
Effective Rent (Annual)

$2,422,317.70

Total Lease Value

$24,223,176.99

Net Landlord Cash Flow$2,422,317.70