Updated Aug 7, 2025
PepsiCo Leases 351,520 SF Industrial Facility At 3075 Sanders Road In Glenview
3075 Sanders Road
Building Size
351,520 SF
Asset Type
Industrial
Closing
Aug 7, 2025
About this deal
AI
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.
On the Map
Industrial
View full map
Players
Northbrook Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Northbrook industrial leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93