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Apex Warehouse Systems LLC Leases 107600 Square Feet At 631 W Park Ave Aurora

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LEASED
Joe Karmin

Illinois

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Industrial107,600 SF
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LEASED

Apex Warehouse Systems LLC Leases 107600 Square Feet At 631 W Park Ave Aurora

631 W Park Ave, Aurora, IL, 60506

See Similar Deals
Industrial107,600 SF
Joe Karmin
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:107,600 SF
Transaction Type:Lease

Apex Warehouse Systems LLC has signed a lease for an industrial property located at 631 W Park Ave, Aurora, IL, 60506. The facility encompasses 107,600 square feet and includes features such as outdoor storage space, 10 exterior docks, 10 drive-in doors, and seven cranes. The property offers convenient access to Interstate 88 and is utilized for additional storage space for the materials handling and storage equipment company.

Summary of transaction details:

The deal involved key representatives from both the tenant and landlord sides, with Richard Daly from Darwin Realty representing Apex Warehouse Systems LLC. The landlord was represented by Justin Lerner and Joe Karmin, both affiliated with Transwestern, acting on behalf of Transbulk Real Estate LP.

Players

Justin Lerner
3 deals$11.4M volume
BROKER

Joe Karmin
Transwestern
6 deals$12.7M volume
BROKER

Details

LEASED
IMAGE: 631 W Park Ave, Aurora, IL, 60506 MARKET: Aurora LANDLORD'S REP: Justin Lerner - Transwestern, Joe Karmin - Transwestern TENANT'S REP: Richard Daly - Darwin Realty TENANT: Apex Warehouse Systems LLC LANDLORD: Transbulk Real Estate LP SQUARE FEET: 107600

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Deal Type
Effective Rent (Annual)

$6,167,567.07

Total Lease Value

$61,675,670.70

Net Landlord Cash Flow$6,167,567.07