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130 S Jefferson St Chicago,...

Big Brothers Big Sisters Leases 8,587 SF Office Space At 130 S. Jefferson St. In Chicago
LEASEDOffice

Big Brothers Big Sisters Leases 8,587 SF Office Space At 130 S. Jefferson St. In Chicago

130 S Jefferson St Chicago, Il 60661, Usa

$38

$38/SF

Building Size

8,587 SF

Asset Type

Office

Closing

Jul 11, 2023

AI

Big Brothers Big Sisters of Metropolitan Chicago has secured an 8,587-square-foot space at 130 S. Jefferson Street in the West Loop neighborhood, with the assistance of Stream Realty Partners. The new office offers a hybrid work model and boasts a creative loft-style space with high ceilings and city views.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Address: 130 South Jefferson Street
  • Market: Chicago

Brokers involved in the deal were Madison Rose from R2 Companies representing the landlord, and Phil Geiger from Stream Realty Partners representing the tenant, Big Brothers Big Sisters.

Players

Phil Geiger

Stream Realty Partners⁠

Broker

2 deals

Broker
RC
R2 CompaniesLandlord

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

417447.37%

Cash-on-Cash

-119307.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93