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325 West Lake Street Elmhur...

Woodland Group Renews 38,475 SF Lease At 325 W. Lake Street In Elmhurst, IL With Landlord Tom Maher
LEASEDIndustrial

Woodland Group Renews 38,475 SF Lease At 325 W. Lake Street In Elmhurst, IL With Landlord Tom Maher

325 West Lake Street Elmhurst, IL 60126, USA

Building Size

38,475 SF

Asset Type

Industrial

Closing

Sep 11, 2023

AI

A 38,475-square-foot industrial property located at 325 West Lake Street Suite B in Elmhurst, IL has been leased. The property is represented by Tom Maher of Hamilton Partners.

Summary of transation details

  • Property Type: Industrial
  • Square Footage: 38,475
  • Address: 325 West Lake Street Suite B
  • Market: Elmhurst

Woodland Group, with Kevin Stevens as its representative, has renewed their lease for the industrial property. Woodland Group was represented by Kenneth Franzese and John Cassidy from Lee & Associates. They worked with the landlord's representative, Tom Maher of Hamilton Partners, to finalize the renewal at 325 West Lake Street in Elmhurst, IL.

Note: Kenneth Franzese and John Cassidy of Lee & Associates of Illinois represented Woodland Group in a 38,475-square-foot lease renewal at 325 W. Lake Street in Elmhurst, IL, with the landlord represented by Tom Maher of Hamilton Partners.

Players

Kenneth Franzese

Lee & Associates

Broker

$9.2M

vol

15 deals

Broker

Northlake Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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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