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300 South Wacker Drive

Deutsche Bank Leases Office Space To Sinars Slowikowski At 300 South Wacker Drive
LEASEDOffice

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:

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

Mason Taylor

Cushman & Wakefield

Broker

2 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
JLL
JLLBrokerage
Deutsche Bank
Deutsche BankLandlord

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