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CRC Group Leases 20K SF Office Space At 123 North Wacker Drive From Sterling Bay
LEASED
Illinois
See Similar DealsOffice20,000 SF
Leased 08/22/2025
LEASED
CRC Group Leases 20K SF Office Space At 123 North Wacker Drive From Sterling Bay
123 West Upper Wacker Drive
See Similar DealsOffice20,000 SF
Leased 08/22/2025
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Lease
The property asset involved in the context is an office space located at 123 North Wacker Drive in Chicago, consisting of 20,000 square feet. The lease transaction pertains to the building’s 19th floor, facilitating operational capabilities for the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 123 North Wacker Drive
- Market: Chicago
- Square Footage: 20,000
- Landlord: Andy Gloor - Sterling Bay
- Tenant: Dave Obenauer - CRC Group
CRC Group has signed a full-floor lease, specifically occupying the 19th floor of the building. Sterling Bay is responsible for managing leasing, property, and asset management on behalf of the ownership, indicating their capacity in overseeing the transaction and property management.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,146,387.93
Total Lease Value
$11,463,879.31
Net Landlord Cash Flow$1,146,387.93
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