Updated Sep 18, 2026
Cawley Commercial Real Estate Leases 577,422 Square Feet Industrial Facility To MWI Property Group In Crest Hill
21225 Lidice Pkwy
Building Size
577,422 SF
Asset Type
Industrial
Closing
Sep 18, 2026
About this deal
AI
The transaction involves a newly built industrial facility located at 21225 Lidice Pkwy in Crest Hill, Illinois. The property encompasses 577,422 square feet, situated on a 37-acre site. The facility is occupied by a global logistics company and includes features such as 104 truck doors and 151 trailer stalls, with direct access to I-55.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 577,422
- Address: 21225 Lidice Pkwy
- Market: Crest Hill, IL
- Landlord: Justin Fierz - Midwest Industrial Funds
- Brokers: Joshua T. Hearne, Reinier Pranger & Andrew Bobak - Cawley Commercial Real Estate
Cawley Commercial Real Estate represented MWI Property Group in the negotiation of the lease for the industrial facility. The company's brokers facilitated the transaction, ensuring that all aspects of the deal were handled effectively on behalf of the tenant.
Players
Crest Hill 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