Daily limit: 0/10
MDH Partners Fully Leases 118K Sq Ft Industrial Facility In Bedford Park To Better Earth
LEASED
$10
Illinois
See Similar DealsIndustrial55,718 SF
Leased 05/24/2023
LEASED
MDH Partners Fully Leases 118K Sq Ft Industrial Facility In Bedford Park To Better Earth
7447 S Central Ave Bedford Park, Il 60638, Usa
See Similar DealsIndustrial55,718 SF
Leased 05/24/2023
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$10
Total Square Footage:55,718 SF
Transaction Type:Lease
An industrial facility located at 7447 South Central Avenue in Bedford Park, Chicago, has been fully leased by Atlanta-based MDH Partners. The facility spans a total area of 118,218 square feet and is now occupied by Better Earth, a sustainable food service packaging company, which utilizes 55,718 square feet of the space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 7447 South Central Avenue, Bedford Park, Chicago
- Market: Bedford Park
MDH Partners, the landlord, successfully secured the lease with Better Earth for the industrial facility. The tenant was represented by Calvin Gunn from Lee & Associates. Meanwhile, Steve Connolly and Chris Gary from NAI Hiffman acted as the landlord's representatives in the deal.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$638,744.43
Total Lease Value
$6,387,444.27
Net Landlord Cash Flow$638,744.43
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