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155 N Wacker Dr, Chicago, I...

Honigman Miller Schwartz And Cohn Lease Chicago Office From The John Buck Company
LEASEDOffice

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:

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

David Mahoney

Sotheby's International Realty

Broker

$5.6M

vol

3 deals

Broker
John Buck

John Buck

The John Buck Company

Landlord

$115.5M

vol

5 deals

Landlord

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