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Follett Corporation Leases 551200 Square Feet At 2805 Duke Pkwy In Aurora With Colliers International

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LEASED

Illinois

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Industrial551,200 SF
Leased 08/06/2019
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LEASED

Follett Corporation Leases 551200 Square Feet At 2805 Duke Pkwy In Aurora With Colliers International

2805 Duke Pkwy, Aurora, IL, 60502

See Similar Deals
Industrial551,200 SF
Leased 08/06/2019
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:551,200 SF
Transaction Type:Lease

The property involved in this transaction is located at 2805 Duke Parkway, Aurora, Illinois, 60502. It is a full-building sublease measuring 551,200 square feet and is owned by Duke Realty. The facility features a cross-docked layout, a 32-foot clear height, 74 dock doors, four grade-level drive-in doors, 73 trailer parking positions, and 153 car parking spaces. Additionally, it includes 25,000 square feet of office space and offers immediate access to two four-way interchanges along I-88 at Eola Road and Route 59.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 2805 Duke Pkwy, Aurora, IL, 60502
  • Market: Aurora
  • Landlord: Follett Corporation
  • Landlord's Representatives: Brian Kling - Colliers International Chicago, Christopher Volkert - Colliers International
  • Tenant: Wholesale Interiors
  • Square Feet: 551,200

Colliers International's Christopher Volkert, SIOR, and Brian Kling represented Follett Corporation in this significant three-year lease transaction to Wholesale Interiors, a supplier and distributor of commercial, hotel, and restaurant furniture. The move will see Wholesale Interiors expanding its operations from Bensenville, Illinois, indicating continued demand in the I-88 Corridor and a draw toward the modern warehouse offerings in DuPage County.

Players

Brian Kling
4 deals(630) 430-3812
BROKER

Details

LEASED
IMAGE: 2805 Duke Pkwy, Aurora, IL, 60502 MARKET: Aurora LANDLORD'S REP: Brian Kling(Colliers International Chicago), Christopher Volkert(Colliers International) TENANT: LANDLORD: Follett Corporation SQUARE FEET: 551200

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Deal Type
Effective Rent (Annual)

$31,594,451.38

Total Lease Value

$315,944,513.82

Net Landlord Cash Flow$31,594,451.38