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Jeffrey Janda Acquires Renewed Industrial Lease For Closet Works In Elmhurst

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LEASED

Illinois

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Industrial58,227 SF
Leased 02/16/2024
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LEASED

Jeffrey Janda Acquires Renewed Industrial Lease For Closet Works In Elmhurst

951 North Larch Avenue

See Similar Deals
Industrial58,227 SF
Leased 02/16/2024
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:58,227 SF
Transaction Type:Lease

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 951-953 Larch Avenue
  • Market: Elmhurst
  • Asset Type: Industrial
  • Square Footage: 58,227
  • Landlord: David Luski - DRA Advisors
  • Tenant: Closet Works
  • Landlord's Rep: Jeffrey Janda - Lee & Associates
  • Tenant's Rep: Kevin Segerson - CBRE

Players

Jeffrey (Jeff) Janda
27 deals$27.2M volume(847) 736-7338
BROKER

Kevin Segerson
CBRE
8 deals
BROKER

Details

LEASED
IMAGE: Jeffrey Janda, David Luski & Kevin Segerson DATE: 02/16/2024 ADDRESS: 951-953 Larch Avenue MARKET: Elmhurst ASSET TYPE: Industrial ~ SF: 58,227 LANDLORD: David Luski - DRA Advisors TENANT: Closet Works LANDLORD'S REP: Jeffrey Janda - Lee & Associates (@LeeAssociatesRE) TENANT'S REP: Kevin Segerson - CBRE (@CBRE) NOTE: Jeff Janda, acting on behalf of landlord DRA Advisors, facilitated the renewal of 58,227 square feet at 951-953 Larch Avenue in Elmhurst. The tenant, Closet Works, was represented by Kevin Segerson of CBRE in the transaction.

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Deal Type
Effective Rent (Annual)

$3,337,536.50

Total Lease Value

$33,375,365.03

Net Landlord Cash Flow$3,337,536.50