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444 N Wells St, Chicago, IL...

Moment, LLC Expands Lease At 444 N Wells St With Tenant's Rep Tina Crnkovich
LEASEDOffice

Moment, LLC Expands Lease At 444 N Wells St With Tenant's Rep Tina Crnkovich

444 N Wells St, Chicago, IL, 60654

Building Size

3,700 SF

Asset Type

Office

Closing

Nov 22, 2023

AI

The property at 444 N Wells St, Chicago, IL, 60654 is an office space leased by Moment, LLC, a digital + design consulting company. The lease agreement involved 3,700 square feet in the River North neighborhood of Chicago.

Summary of transaction details:

Among the key individuals and companies involved in the transaction, Tina Crnkovich from Tenant Advisory Group represented the tenant, Moment, LLC, in the lease agreement. Urban Innovations was the landlord for the property, as represented by Aaron Zaretsky. The lease allowed Moment, LLC to expand its presence within the same building at 444 N. Wells.

Players

Tina Crnkovich

Tenant Advisory Group

Broker

1 deal

Broker
Urban Innovations
Urban InnovationsLandlord

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