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NAMI Chicago Leases 10,058 SF Office Space At Old Town Park In Chicago

Property Image
LEASED
Ryan Foran
Jonathan Zeitler
Abby McFayden

Illinois

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Office10,058 SF
Leased 04/22/2024
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Property Image
LEASED

NAMI Chicago Leases 10,058 SF Office Space At Old Town Park In Chicago

224 West Hill Street

See Similar Deals
Office10,058 SF
Leased 04/22/2024
Ryan Foran
Jonathan Zeitler
Abby McFayden
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:10,058 SF
Transaction Type:Lease

The office property at 224 West Hill Street in Chicago, spanning 10,058 square feet, was involved in a lease transaction. Duncan Wlodarczak of Onni Group served as the landlord, while Alexa James of NAMI Chicago acted as the tenant.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 224 West Hill Street
  • Market: Chicago
  • Landlord: Duncan Wlodarczak - Onni Group
  • Tenant: Alexa James - NAMI Chicago

Representing the landlord, Abby McFayden of Madison Rose facilitated the deal, while Cresa's Ryan Foran and Jonathan Zeitler worked as tenant's representatives. It was mentioned that the move to Old Town Park in Chicago was to accommodate NAMI Chicago's expansion, with Abby McFayden highlighting the enhanced service capabilities and community cohesion the new space would provide.

Players

Ryan Foran
Cresa
Ryan Foran
3 deals(312) 933-4358
BROKER
Jonathan Zeitler
Cresa
Jonathan Zeitler
3 deals(312) 376-4112
BROKER
Abby McFayden
Madison Rose
Abby McFayden
2 deals(312) 316-1583
BROKER

Details

LEASED
IMAGE: 04/22/2024 ADDRESS: 224 West Hill Street MARKET: Chicago ASSET TYPE: Office ~ SF: 10,058 LANDLORD: Duncan Wlodarczak - Onni Group TENANT: Alexa James - NAMI Chicago LANDLORD'S REP: Abby McFayden - Madison Rose TENANT'S REP: Jonathan Zeitler & Ryan Foran - Cresa NOTE: Cresa's Ryan Foran and Jonathan Zeitler facilitated NAMI Chicago's new 10,058-square-foot lease at Old Town Park in Chicago, relocating from its current space to accommodate expansion. Representing the owner, Onni Group, Madison Rose's Abby McFayden secured the transaction for the mixed-use property, providing NAMI Chicago with increased service capabilities and fostering community cohesion, as stated by Ryan Foran of Cresa's Chicago office.

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Deal Type
Effective Rent (Annual)

$576,518.49

Total Lease Value

$5,765,184.91

Net Landlord Cash Flow$576,518.49