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905 Carlow Drive

Charlene Products Inc Leases 26886 Sq Ft Industrial Space From Link Logistics In Bolingbrook
LEASEDIndustrial

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

Ryan Earley

Lee & Associates

Broker

$17.6M

vol

7 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
Luke J. Petherbridge

Luke J. Petherbridge

Link Logistics Real Estate

Landlord

$1.7B

vol

22 deals

Landlord
Link Logistics Real Estate
Link Logistics Real EstateLandlord

Bolingbrook Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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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