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:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Euromonitor International LLC
- Landlord: Beacon Capital Partners
- Tenant's Representative: Corby Marx - Colliers International
- Landlord's Representatives: Caroline Colnon, Jack O’Brien - Telos Group
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
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