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8130 River Drive

The Missner Group Leases 31,429 Square Feet Industrial Property To Ferguson Enterprises In Morton Grove
LEASEDIndustrial

The Missner Group Leases 31,429 Square Feet Industrial Property To Ferguson Enterprises In Morton Grove

8130 River Drive

Building Size

31,429 SF

Asset Type

Industrial

Closing

Jul 22, 2026

AI

The property asset involved in the transaction is a 31,429-square-foot industrial building located at 8130 River Drive in Morton Grove, Illinois. This asset is now fully occupied after Ferguson Enterprises signed a lease agreement for the entire building six months post-acquisition by The Missner Group.

Summary of transaction details:

This leasing agreement adds Ferguson Enterprises to The Missner Group's portfolio, which has undergone value-add improvements since the acquisition of the property. The lease demonstrates a strategic addition to The Missner Group’s real estate holdings.

Players

Brendan Green

Colliers

Broker

$5M

vol

2 deals

Broker
 The Missner Group
The Missner Group Landlord
Ferguson Enterprises LLC
Ferguson Enterprises LLCTenant

Morton Grove 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