Pure Processing Signs 29,313 Square Foot Lease At 2200 East Ogden Avenue Lisle
2200 East Ogden Avenue
Building Size
29,313 SF
Asset Type
Office
Closing
Nov 25, 2025
AI
The property asset involved in this transaction is an office space located at 2200 East Ogden Avenue, Lisle. The total square footage of the property is 29,313. The landlord for this asset is Sperry Equities, and the lease marks a significant expansion for the tenant, Pure Processing, which has consolidated its operations into this larger footprint.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 29,313
- Address: 2200 East Ogden Avenue
- Market: Lisle
- Landlord: Sperry Equities
- Tenant: Pure Processing
- Landlord's Representative: Pete Adamo - CBRE
- Tenant's Representatives: Connor Dale, Steve Chrastka & Jack Brennan - NAI Hiffman
NAI Hiffman represented the tenant, Pure Processing, in this lease transaction, while Pete Adamo of CBRE acted on behalf of the landlord, Sperry Equities. The deal included delivering a turnkey build-out, which encompasses expanded office space, warehouse space, and a showroom for the tenant.
Players
Lisle 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