GLP Leases 34000 Square Feet At 329 Airport Rd North Aurora With Mark Moran And John Whitehead
LEASED
Illinois
See Similar DealsIndustrial34,000 SF
Leased 02/21/2017
LEASED
GLP Leases 34000 Square Feet At 329 Airport Rd North Aurora With Mark Moran And John Whitehead
329 Airport Rd, North Aurora, IL, 60542
See Similar DealsIndustrial34,000 SF
Leased 02/21/2017
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:34,000 SF
Transaction Type:Lease
The property involved in this transaction is an industrial space located at 329 Airport Rd, North Aurora, IL, 60542. The total square footage of the leased area is 34,000 square feet. The market for this property is North Aurora. The landlord of the property is GLP.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Long-term lease renewal
- Square Feet: 34,000
- Address: 329 Airport Rd, North Aurora, IL, 60542
- Market: North Aurora
- Landlord's Representatives: Mark Moran - NAI Hiffman, John Whitehead - NAI Hiffman
- Tenant: Bendix Commercial Vehicle Systems
NAI Hiffman's John Whitehead and Mark Moran represented the owner, GLP, in this long-term lease renewal transaction with Bendix Commercial Vehicle Systems for the industrial space at 301-329 Airport Road in North Aurora.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,948,859.48
Total Lease Value
$19,488,594.83
Net Landlord Cash Flow$1,948,859.48
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