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PepsiCo Leases 351,520 SF Industrial Facility At 3075 Sanders Road In Glenview

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LEASED

Illinois

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Industrial351,520 SF
Leased 08/07/2025
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LEASED

PepsiCo Leases 351,520 SF Industrial Facility At 3075 Sanders Road In Glenview

3075 Sanders Road

See Similar Deals
Industrial351,520 SF
Leased 08/07/2025
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:351,520 SF
Transaction Type:Lease

Pepsi Beverages Co. leased a 351,520 SF build-to-suit facility at 3075 Sanders Road, located in Glenview. This industrial asset is a part of The Logistics Campus, which spans 3.2 million square feet, owned by Dermody Properties. Site work for the new facility is currently in progress, with occupancy planned for February 2026.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 3075 Sanders Road
  • Market: Glenview
  • Landlord: Douglas Kiersey Jr. - Dermody Properties
  • Tenant: Ramon Laguarta - PepsiCo
  • Landlord's Representative: Colliers
  • Tenant's Representative: Cresa

Douglas Kiersey Jr. represented the landlord, Dermody Properties, while Cresa acted as the representative for tenant Ramon Laguarta of PepsiCo. This lease exemplifies a notable collaboration between prominent firms in the logistics sector.

Players

BROKERAGE

Colliers
BROKERAGE

8 deals$510M volume
LANDLORD

Details

LEASED
IMAGE: Douglas Kiersey Jr. & Ramon Laguarta DATE: 08/07/2025 ADDRESS: 3075 Sanders Road MARKET: Glenview ASSET TYPE: Industrial ~ SF: 351,520 LANDLORD: Douglas Kiersey Jr. (@PuffDougy) - Dermody Properties TENANT: Ramon Laguarta - PepsiCo LANDLORD'S REP: Colliers (@ColliersInternational) TENANT'S REP: Cresa (@CresaGlobal) NOTE: Pepsi Beverages Co. leased a 351,520 SF build-to-suit facility at Building 10 in The Logistics Campus in Glenview, with occupancy set for February 2026.Dermody owns the 3.2M SF campus, and site work for the new facility is underway; Colliers represented the landlord, Cresa represented Pepsi.

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Deal Type
Effective Rent (Annual)

$20,148,914.28

Total Lease Value

$201,489,142.78

Net Landlord Cash Flow$20,148,914.28