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Danny Queenan Of Trammell Crow Leases Office Space To Poul Weihrauch Of Mars In Chicago
LEASED
Illinois
See Similar DealsOffice100,000 SF
Leased 12/24/2025
LEASED
Danny Queenan Of Trammell Crow Leases Office Space To Poul Weihrauch Of Mars In Chicago
400 North Aberdeen Street
See Similar DealsOffice100,000 SF
Leased 12/24/2025
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100,000 SF
Transaction Type:Lease
The asset involved in this lease transaction is an office space at 400 North Aberdeen Street, located in the Chicago market. The total leased area is 100,000 square feet, which will facilitate Mars' planned expansion in the area. This lease follows Mars' significant acquisition of Kellanova for $36 billion.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 400 North Aberdeen Street
- Market: Chicago
- Landlord: Danny Queenan - Trammell Crow
- Tenant: Poul Weihrauch - Mars
This transaction features key individuals in the commercial real estate space. Danny Queenan represents the landlord side with Trammell Crow, while Poul Weihrauch represents Mars in this lease agreement. This expansion is likely to affect Mars' existing locations in Goose Island and River North.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,731,939.66
Total Lease Value
$57,319,396.56
Net Landlord Cash Flow$5,731,939.66
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