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300 S Riverside PLZ, Chicag...

Updated Nov 28, 2024

1WorldSync Leases 22000 Sq Ft Chicago Office At 300 S Riverside PLZ
LEASEDOffice

1WorldSync Leases 22000 Sq Ft Chicago Office At 300 S Riverside PLZ

300 S Riverside PLZ, Chicago, IL, 60606

Building Size

22,000 SF

Asset Type

Office

Closing

Mar 28, 2017

About this deal

AI

The leased property located at 300 South Riverside Plaza in Chicago, IL, 60606 is an office space spanning 22,000 square feet. The tenant, 1WorldSync, secured the lease facilitated by Renae Bradshaw and Richard Dale from Kirkland & Ellis and Savills Studley respectively. The landlord, FCA, was represented by Matt Pistorio from The Telos Group.

Summary of transaction details:

Savills Studley’s Lisa Davidson, Tiffany Winne, Renae Bradshaw, Richard Dale, and Loredana Perri played crucial roles in representing 1WorldSync in the lease agreement. The collective effort of these professionals ensured a successful transaction for the office space at 300 South Riverside Plaza. Notably, Matt Pistorio from The Telos Group represented the ownership interests in the deal.

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Players

Lisa Davidson

Savills

Broker

2 deals

Broker
FCA
FCALandlord
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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

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