Georgia Nut Co. Renews 123,000 SF Industrial Lease In Skokie With Colliers Representatives
LEASED
Illinois
See Similar DealsIndustrial123,000 SF
LEASED
Georgia Nut Co. Renews 123,000 SF Industrial Lease In Skokie With Colliers Representatives
7500 Linder Ave, Skokie, IL, 60077
See Similar DealsIndustrial123,000 SF
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:123,000 SF
Transaction Type:Lease
The industrial food processing facility at 7500 Linder Ave in Skokie, IL, spans 123,000 square feet and includes eight docks, 9,000 square feet of office space, a retail store, and a clear height of 23 feet. Georgia Nut Co., a manufacturer of nuts and candy, has renewed its lease at this property.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Landlord's Representative: Ned Frank (Colliers International), Pat Hake (Colliers International)
- Landlord: LINK
- Market: Skokie
Ned Frank and Pat Hake, both from Colliers International, represented the owner, LINK, in the lease renewal between Georgia Nut Co. and the industrial property at 7500 Linder Ave. This lease allows Georgia Nut to receive tenant improvements tailored to its operations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,050,285.78
Total Lease Value
$70,502,857.77
Net Landlord Cash Flow$7,050,285.78
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