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1011 Campus Drive

David Luski Of DRA Advisors Acquires Industrial Portfolio From Mark Goode And Roy Splansky For $200M
SOLDIndustrial

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:

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

David Luski

DRA Advisors

Buyer

$3.3B

vol

33 deals

Buyer

Roy Splansky

Venture One Real Estate

Seller

$263.9M

vol

6 deals

Seller
Wells Fargo
Wells FargoLender

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