PNC Realty Advisors Leases 19910 Square Feet At 333 W Wacker Dr Chicago With Dougal Jeppe
333 W Wacker Dr, Chicago, IL, 60606
Building Size
19,910 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 333 W Wacker Dr, Chicago, IL, 60606, within the Chicago market. It has a total square footage of 19,910 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant's Representative: Dougal Jeppe - Colliers International
- Landlord: PNC Realty Advisors
This lease transaction features Dougal Jeppe of Colliers International representing the tenant, ensuring a thorough negotiation process in alignment with the interests of the tenant. The landlord in this transaction is PNC Realty Advisors, indicating their continued investment in the Chicago market.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93