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710 Foster Avenue

Hamilton Partners Leases 134360 Square Feet To Consolidated Electrical Distributors In Bensenville
LEASEDIndustrial

Hamilton Partners Leases 134360 Square Feet To Consolidated Electrical Distributors In Bensenville

710 Foster Avenue

Building Size

134,360 SF

Asset Type

Industrial

Closing

Mar 10, 2026

AI

The property involved in the transaction is an industrial asset located at 710 Foster Avenue in Bensenville, Illinois, consisting of 134,360 square feet. The lease agreement was signed between Hamilton Partners as the landlord and Consolidated Electrical Distributors as the tenant.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 710 Foster Avenue
  • Market: Bensenville
  • Landlord: Hamilton Partners
  • Tenant: Consolidated Electrical Distributors
  • Landlord's Representative: Thomas Rodeno, Matthew Stauber & Patrick Turner - Colliers
  • Tenant's Representative: Adam Stokes - NAI Hiffman

In this lease transaction, consolidating the relationship between the two parties, Consolidated Electrical Distributors will be relocating from Elk Grove Village. The representation for the landlord was handled by Colliers brokers Tom Rodeno, Matthew Stauber, and Patrick Turner, while Adam Stokes represented the tenant from NAI Hiffman.

Players

Matthew Stauber

Colliers

Broker

$22.6M

vol

12 deals

Broker
Hamilton Partners
Hamilton PartnersLandlord
Consolidated Electrical Distributors
Consolidated Electrical DistributorsTenant

Bensenville Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93