facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

200 Fencl Lane

Nuvomed, Inc And Recyclops, Inc Lease 131,417 Square Feet In Hillside And Forest Park
LEASEDIndustrial

Nuvomed, Inc And Recyclops, Inc Lease 131,417 Square Feet In Hillside And Forest Park

200 Fencl Lane & 7750 Industrial Drive

Building Size

131,417 SF

Asset Type

Industrial

Closing

Jun 10, 2026

AI

The transaction involves industrial assets located at 200 Fencl Lane in Hillside, IL, and 7750 Industrial Drive in Forest Park, IL, totaling 131,417 square feet. Nuvomed, Inc has leased 54,087 square feet at the Hillside location, while Recyclops, Inc has taken on 77,330 square feet in Forest Park. The landlords for these transactions are Clear Height Properties and ML Realty Partners.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 200 Fencl Lane, Hillside, IL
  • Address: 7750 Industrial Drive, Forest Park, IL
  • Market: Hillside & Forest Park, IL
  • Square Footage: 131,417
  • Landlord: Clear Height Properties & ML Realty Partners
  • Tenant: Nuvomed, Inc & Recyclops, Inc
  • Landlord's Representative: Thomas Rodeno & Patrick Turner - Colliers
  • Tenant's Representative: Sean Austin - Lee & Associates

Lee & Associates facilitated the leasing of the industrial spaces, with Sean Austin representing both Nuvomed and Recyclops in the transactions. The Colliers team, consisting of Thomas Rodeno and Patrick Turner, represented Clear Height Properties and ML Realty Partners in their respective lease agreements.

Players

Thomas Rodeno

Colliers

Broker

$22.6M

vol

14 deals

Broker
Clear Height Properties
Clear Height PropertiesLandlord

Hillside Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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