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Lou Hall And Daniel Wilkins Of Cushman & Wakefield Represent Tenant In Lease At 4 Corporate Dr

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LEASED

Illinois

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Office189,092 SF
Leased 05/23/2019
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Property Image
LEASED

Lou Hall And Daniel Wilkins Of Cushman & Wakefield Represent Tenant In Lease At 4 Corporate Dr

4 Corporate Dr, Lake Zurich, IL, 60047

See Similar Deals
Office189,092 SF
Leased 05/23/2019
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:189,092 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 4 Corporate Dr, Lake Zurich, IL, 60047. The asset encompasses 189,092 square feet of office space within a Class A building at Kemper Lakes Business Center, which includes four buildings totaling 1.1 million square feet on 164 acres. ACCO Brands has executed a long-term lease extension for its worldwide headquarters in this location.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Unknown
  • Address: 4 Corporate Dr, Lake Zurich, IL, 60047
  • Market: Lake Zurich
  • Tenant: ACCO Brands
  • Tenant's Representatives: Lou Hall (Cushman & Wakefield), Daniel Wilkins (Cushman & Wakefield)
  • Landlord: Unknown
  • Square Feet: 189,092

Lou Hall, executive director, and Daniel Wilkins, senior director, of Cushman & Wakefield, represented ACCO Brands in this transaction. The executives expressed their satisfaction in maintaining ACCO’s global headquarters in the current location, highlighting its access to a world-class golf course and other amenities beneficial for business growth and innovation.

Players

Lou Hall
3 deals
BROKER

Daniel (Dan) Wilkins
Cushman & Wakefield
3 deals(630) 640-7489
BROKER

Details

LEASED
IMAGE: 4 Corporate Dr, Lake Zurich, IL, 60047 MARKET: Lake Zurich TENANT'S REP: Lou Hall(Cushman & Wakefield), Daniel Wilkins(Cushman & Wakefield) TENANT: LANDLORD: Unknown SQUARE FEET: 189092

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Deal Type
Effective Rent (Annual)

$10,838,639.33

Total Lease Value

$108,386,393.34

Net Landlord Cash Flow$10,838,639.33