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Cory Kay & Michael DeSerto Of Entre Commercial Realty Secures Lease For Logistics Facility In Streamwood
LEASED
Illinois
See Similar DealsIndustrial22,400 SF
Leased 11/07/2024
LEASED
Cory Kay & Michael DeSerto Of Entre Commercial Realty Secures Lease For Logistics Facility In Streamwood
30 Sangra Court
See Similar DealsIndustrial22,400 SF
Leased 11/07/2024
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,400 SF
Transaction Type:Lease
The property asset involved in this transaction is a 22,400-square-foot logistics facility located at 30 Sangra Court in Streamwood, Illinois. It is designed for transportation and fleet maintenance, incorporating features such as 10 docks, drive-in doors, and ample parking space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 30 Sangra Court
- Market: Streamwood
- Landlord's Representative: Cory Kay & Michael DeSerto - Entre Commercial Realty
- Tenant's Representative: @Properties
Entre Commercial Realty secured the lease for the facility, which will serve as the new headquarters for a local transportation company. The deal includes representation from both Cory Kay and Michael DeSerto, highlighting their involvement in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,283,954.48
Total Lease Value
$12,839,544.83
Net Landlord Cash Flow$1,283,954.48
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