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

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LEASED

Illinois

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Industrial38,475 SF
Leased 09/11/2023
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LEASED

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

See Similar Deals
Industrial38,475 SF
Leased 09/11/2023
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:38,475 SF
Transaction Type:Lease

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
14 deals$9.2M volume(847) 456-4213
BROKER

John Cassidy
Lee & Associates
19 deals$54.4M volume(312) 371-0098
BROKER

Details

LEASED
IMAGE: Kevin Stevens, John Cassidy, Kenneth Franzese & Tom Maher DATE: 09/11/2023 ADDRESS: 325 West Lake Street Suite B MARKET: Elmhurst ASSET TYPE: Industrial ~ SF: 38,475 TENANT: Woodland Group - Kevin Stevens LANDLORD'S REP: Tom Maher - Hamilton Partners (@hamiltonpartners) TENANT'S REP: Kenneth Franzese & John Cassidy - Lee & Associates (@leeassociatesre) 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.

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Deal Type
Effective Rent (Annual)

$2,205,363.78

Total Lease Value

$22,053,637.83

Net Landlord Cash Flow$2,205,363.78