Updated Oct 28, 2024
CBRE Acquires Industrial Property In Chicago For TradeLane Properties
4444 West Ferdinand Street, Chicago, Illinois 60624, United States
Building Size
138,651 SF
Asset Type
Industrial
Closing
Mar 3, 2022
About this deal
AI
TradeLane Properties has sold an industrial property located at 4444 W. Ferdinand St. in Chicago. The property spans 138,651 square feet, making it a significant asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer's representatives in this deal were Kevin Segerson and Philip Deboer from CBRE. On the seller's side, Vern Schultz represented Colliers, with assistance from Byline Bank and Greenberg Traurig LLP.
Traded’s record for 4444 West Ferdinand Street, Chicago, Illinois 60624, United States in Chicago, Illinois covers a industrial sale from 2022. Reported inventory is 138,651 square feet across 1 units, or about 0 per square foot. Philip Deboer, Kevin Segerson, Vern Schultz, Colliers appear on the sale alongside Colliers, CBRE. This page is the Chicago, Illinois file for the 4444 West Ferdinand Street, Chicago, Illinois 60624, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Chicago sit in the Market section below. Filter that Chicago industrial set by closing date to see what else sold near 4444 West Ferdinand Street, Chicago, Illinois 60624, United States around 2022. Cite this CBRE Acquires Industrial Property In Chicago For TradeLane Properties sale when underwriting similar industrial product around Chicago, Illinois.
On the Map
Industrial
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Players
Chicago 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93