David Luski Of DRA Advisors Acquires Industrial Portfolio From Mark Goode And Roy Splansky For $200M
$200,000,000
Building Size
—
Asset Type
Industrial
Closing
Mar 26, 2026
AI
DRA Advisors acquired 32 industrial properties across the Chicago area, specifically in markets such as Mundelein, Buffalo Grove, Elk Grove Village, and several others. The asset type involved in this transaction is industrial, with a sale price of $200,000,000. The deal was financed with a loan of $245 million from Wells Fargo.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $200,000,000
- Buyer: David Luski - DRA Advisors
- Seller: Mark Goode & Roy Splansky - Venture One Real Estate
- Lender: Wells Fargo
This transaction demonstrates the institutional confidence in the Chicagoland industrial market. DRA Advisors' acquisition reflects a strategic shift away from office and retail assets toward warehouses, distribution, and flex industrial properties.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93