Charlene Products Inc Leases 26886 Sq Ft Industrial Space From Link Logistics In Bolingbrook
905 Carlow Drive
Building Size
26,886 SF
Asset Type
Industrial
Closing
Aug 19, 2025
AI
The property is an industrial asset located at 905 Carlow Drive in Bolingbrook, encompassing a total area of 26,886 square feet. This asset is owned by Link Logistics, which manages a building with a total size of 256,070 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 905 Carlow Drive
- Market: Bolingbrook
- Landlord: Luke J. Petherbridge - Link Logistics
- Tenant: Charlene Products Inc
- Brokers: Terry Grapenthin & Ryan Earley - Lee & Associates
Charlene Products Inc. has entered into a lease agreement for the space, opting to expand and relocate its operations from Plainfield. The representation of the tenant in this transaction was handled by Lee & Associates Illinois, through brokers Terry Grapenthin and Ryan Earley.
Players
Bolingbrook Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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