Updated Oct 23, 2026
Thyssenkrupp Supply Chain Services Secures Lease Renewal And Expansion At 3919 Lakeview Corporate Drive
3919 Lakeview Corporate Drive
Building Size
769,000 SF
Asset Type
Industrial
Closing
Oct 22, 2026
About this deal
AI
This industrial asset is located at 3919 Lakeview Corporate Drive in Edwardsville, Illinois, encompassing a total square footage of 769,000. The property serves the needs of thyssenkrupp Supply Chain Services, showcasing its capability in supporting large-scale industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Renewal and expansion
- Square Footage: 769,000
- Tenant: thyssenkrupp Supply Chain Services
- Market: Edwardsville, IL
- Brokers: Peter J. Kepic & Peter E. Kepic - Colliers
Colliers managed to secure a three-year renewal of approximately 600,000 square feet along with a 169,500-square-foot expansion for thyssenkrupp Supply Chain Services. This deal effectively increases thyssenkrupp’s occupancy to the building’s full capacity, affirming the strategic role of Peter J. Kepic and Peter E. Kepic in facilitating this transaction.
On the Map
Industrial
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Players
Edwardsville 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