Dynamic Manufacturing Signs Full-Building Lease With First Industrial Realty Trust For 150,316 SF In Forest Park
7801 Industrial Drive
Building Size
150,316 SF
Asset Type
Industrial
Closing
Aug 10, 2026
AI
The property asset involved in this transaction is an industrial space located at 7801 Industrial Drive in Forest Park, Illinois. This facility spans an area of 150,316 square feet and is situated on a 5-acre site, specifically designed to accommodate warehousing, electrification, and manufacturing operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Date of Transaction: 08/10/2026
- Address: 7801 Industrial Drive
- Market: Forest Park, IL
- Landlord: Peter E. Baccile - First Industrial Realty Trust
- Tenant: Dynamic Manufacturing
- Broker: Corey Chase - Newmark
- Lease Type: Full-building lease
Corey Chase represents Newmark in this transaction, while Peter E. Baccile represents First Industrial Realty Trust as the landlord. Dynamic Manufacturing is set to begin operations in the facility in February 2027.
Players
Industrial 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