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
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