Honigman Miller Schwartz And Cohn Lease Chicago Office From The John Buck Company
155 N Wacker Dr, Chicago, IL, 60606
Building Size
—
Asset Type
Office
Closing
Jul 25, 2017
AI
The leased property located at 155 N Wacker Dr, Chicago, IL, 60606, is an office asset in the Chicago market. The tenant, Honigman Miller Schwartz and Cohn, finalized a lease agreement with the landlord, The John Buck Company. CBRE's Nancy Pacher, Dave Mahoney, and Jon Milonas represented Honigman Miller Schwartz and Cohn in this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Tenant's Rep: David Mahoney(Sotheby's International Realty), David Mahoney(CBRE), Jon Milonas(CBRE)
- Tenant: Honigman Miller Schwartz and Cohn
- Landlord: The John Buck Company
Noteworthy, The John Buck Company handled its representation internally, while CBRE's team of Nancy Pacher, Dave Mahoney, and Jon Milonas diligently advocated for the interests of Honigman Miller Schwartz and Cohn throughout the lease negotiation process at 155 North Wacker.
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