Deutsche Bank Leases Office Space To Sinars Slowikowski At 300 South Wacker Drive
300 South Wacker Drive
$27
$27/SF
Building Size
16,166 SF
Asset Type
Office
Closing
Jul 7, 2025
AI
The property involved in this transaction is an office asset located at 300 South Wacker Drive in Chicago. The lease agreement was executed for a space measuring 16,166 square feet, with an asking rent of $27 per square foot under a NNN Lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $27/ft
- Lease Type: NNN Lease
- Landlord: Deutsche Bank
- Tenant: Sinars Slowikowski
- Landlord's Representative: Paige Krueger & Mason Taylor - Cushman & Wakefield
- Tenant's Representative: Patrick Schenk & Vineet Sahgal - JLL
The lease transaction reflects a collaborative effort among several key representatives. Paige Krueger and Mason Taylor represented the landlord, Deutsche Bank, while the tenant, Sinars Slowikowski, was represented by Patrick Schenk and Vineet Sahgal from JLL. The teamwork between these professionals facilitated the agreement within the outlined terms.
Players
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
587518.52%
Cash-on-Cash
-167914.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93