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Focal Point LLC Leases 60000 Square Feet At 4400 W 45th St Chicago With Landlord Talos Capital

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LEASED

Illinois

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Industrial60,000 SF
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LEASED

Focal Point LLC Leases 60000 Square Feet At 4400 W 45th St Chicago With Landlord Talos Capital

4400 W 45th St, Chicago, IL, 60632

See Similar Deals
Industrial60,000 SF
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:60,000 SF
Transaction Type:Lease

Focal Point LLC has leased an industrial building situated at 4400 W. 45th St. in Chicago, encompassing a total of 60,000 square feet. The property is located in the Chicago market and serves the manufacturing sector, specifically for architectural lighting products.

Summary of transaction details:

  • Property Type: Industrial Lease
  • Transaction Amount: Not disclosed
  • Address: 4400 W 45th St, Chicago, IL, 60632
  • Market: Chicago
  • Tenant: Focal Point LLC
  • Landlord: Talos Capital
  • Tenant's Representatives: Chris Wilbur - Entre Commercial Realty, Jeffrey Locascio - Entre Commercial Realty LLC
  • Landlord's Representative: Colin Green - Cushman & Wakefield

This lease transaction showcases the involvement of key players in the real estate market, notably Chris Wilbur and Jeffrey Locascio representing Focal Point LLC to secure the property, while Colin Green represented the landlord, Talos Capital, in facilitating the lease arrangement.

Players

Colin Green
3 deals$5.7M volume
BROKER

Chris Wilbur
Entre Commercial Realty
3 deals
BROKER


LANDLORD

Details

LEASED
IMAGE: 4400 W 45th St, Chicago, IL, 60632 MARKET: Chicago TENANT'S REP: Chris Wilbur-Entre Commercial Realty, Jeffrey Locascio-Entre Commercial Realty LLC LANDLORD'S REP: Colin Green-Cushman & Wakefield TENANT: Focal Point LLC LANDLORD: Talos Capital SQUARE FEET: 60000

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Deal Type
Effective Rent (Annual)

$3,439,163.79

Total Lease Value

$34,391,637.93

Net Landlord Cash Flow$3,439,163.79