Polygon Leases 15000 Square Feet At 381 Randy Rd Carol Stream With Finch & Barry Properties
LEASED
Illinois
See Similar DealsIndustrial15,000 SF
LEASED
Polygon Leases 15000 Square Feet At 381 Randy Rd Carol Stream With Finch & Barry Properties
381 Randy Rd, Carol Stream, IL, 60188
See Similar DealsIndustrial15,000 SF
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:15000 SF
Transaction Type:Lease
A 15,000-square-foot industrial space located at 381 Randy Rd, Carol Stream, IL, has been leased, situated within the Carol Stream market. This warehouse/distribution space features two drive-in docks equipped with levelers, offering functional logistics capabilities.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not disclosed
- Address: 381 Randy Rd, Carol Stream, IL, 60188
- Market: Carol Stream
- Landlord: Finch & Barry Properties
- Tenant: Polygon
- Landlord's Representative: Jay Farnam & Steve Bass - Lee & Associates
- Tenant's Representative: Savills Studley
Jay Farnam and Steve Bass, serving as senior vice presidents of Lee & Associates' Illinois office, represented Finch & Barry Properties, which is based in Schaumburg, Illinois. The tenant, Polygon, is a document-recovery firm, and was advised by Savills Studley during this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$859,790.95
Total Lease Value
$8,597,909.48
Net Landlord Cash Flow$859,790.95
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