Colony Capital Leases 83122 Square Feet To Hydrox Laboratories At 825 Tollgate Rd Elgin
LEASED
Illinois
See Similar DealsIndustrial83,122 SF
Leased
LEASED
Colony Capital Leases 83122 Square Feet To Hydrox Laboratories At 825 Tollgate Rd Elgin
825 Tollgate Rd, Elgin, IL, 60123
See Similar DealsIndustrial83,122 SF
Leased
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:83122 SF
Transaction Type:Lease
An 83,122-square-foot industrial building is located at 825 Tollgate Road in Elgin, Illinois. The property is situated in the Elgin market and is owned by Colony Capital.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 825 Tollgate Rd, Elgin, IL, 60123
- Landlord: Colony Capital
- Tenant: Hydrox Laboratories
- Landlord's Representative: Daniel T. Jones (Entre Commercial Realty)
- Tenant’s Representatives: Nick Eboli (Lee & Associates), Steve Bass (NAI Hiffman)
The lease renewal for Hydrox Laboratories, a long-standing manufacturing company producing health and wellness products, was facilitated through a collaborative effort between the involved parties, ensuring that Hydrox can continue to operate and grow in their existing facility.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,764,502.88
Total Lease Value
$47,645,028.81
Net Landlord Cash Flow$4,764,502.88
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