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LED Tranquility Inc Leases 44,048 SF Industrial Space At 801 Technology Way In Libertyville
LEASED
Illinois
See Similar DealsIndustrial44,048 SF
Leased 11/28/2023
LEASED
LED Tranquility Inc Leases 44,048 SF Industrial Space At 801 Technology Way In Libertyville
801 Technology Way
See Similar DealsIndustrial44,048 SF
Leased 11/28/2023
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:44,048 SF
Transaction Type:Lease
The property at 801 Technology Way in Libertyville, is a fully leased industrial asset. It offers a clear height of 24 feet, eight truck docks, two grade-level doors, and ample parking. The property spans 44,048 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 801 Technology Way, Libertyville
- Market: Libertyville
- Tenant: LED Tranquility Inc - Jason Gobeyn
- Brokers: Daniel Benassi & Samuel J. Deihs - Entre Commercial Realty
LED Tranquility Inc., a full-service audio, video, lighting, and scenic company, has subleased the 44,048 square feet at 801 Technology Way. The subleasing transaction was facilitated by Daniel Benassi and Samuel J. Deihs of Entre Commercial Realty, who represented the sublandlord.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,524,804.78
Total Lease Value
$25,248,047.80
Net Landlord Cash Flow$2,524,804.78
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