DesignPac Secures Long-Term Lease For 17447 SF Office At 2100 Swift Drive In Oak Brook
2100 Swift Drive
Building Size
17,447 SF
Asset Type
Office
Closing
Oct 2, 2025
About this deal
AI
The asset involved in this transaction is an office space located at 2100 Swift Drive in the Oak Brook market. The property encompasses a total square footage of 17,447. The tenant for this space is DesignPac, a subsidiary of 1-800-Flowers.com, and the landlord is Experimental Holdings.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 2100 Swift Drive
- Market: Oak Brook
- Square Footage: 17,447
- Landlord: Experimental Holdings
- Tenant: DesignPac
- Landlord's Rep: Patrick Kiefer - NAI Hiffman
- Tenant's Rep: Corey Chase - Newmark
Corey Chase represented DesignPac in this lease agreement, while Patrick Kiefer acted on behalf of Experimental Holdings. The deal reflects a long-term commitment by the tenant to occupy the designated space.
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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