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1 N Dearborn St, Chicago, I...

Euromonitor International LLC Leases 36023 Square Feet At 1 N Dearborn St In Chicago
LEASEDOffice

Euromonitor International LLC Leases 36023 Square Feet At 1 N Dearborn St In Chicago

1 N Dearborn St, Chicago, IL, 60602

Building Size

36,023 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1 N Dearborn St, Chicago, IL, 60602. It encompasses a total of 36,023 square feet and is situated in the Chicago market.

Summary of transation details:

This lease transaction showcases the collaboration between Euromonitor International LLC and Beacon Capital Partners, supported by their respective representatives. The involvement of Corby Marx from Colliers International and Caroline Colnon along with Jack O’Brien from Telos Group highlights the professional engagement in facilitating this agreement.

Players

Jack O’Brien

Telos Group

Broker

6 deals

Broker
Beacon Capital Partners
Beacon Capital PartnersLandlord

Chicago Office Market Snapshot

Boundary boundary · Office · Lease 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