facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Office

/

Lease

/

2200 East Ogden Avenue

Pure Processing Signs 29,313 Square Foot Lease At 2200 East Ogden Avenue Lisle
LEASEDOffice

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

Steve Chrastka

NAI Global

Broker

$7.4M

vol

4 deals

Broker
CBRE
CBREBrokerage
NAI Hiffman
NAI HiffmanBrokerage

Lisle Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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