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
About this deal
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:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant's Representative: Tina Crnkovich (Tenant Advisory Group)
- Landlord: Urban Innovations
- Square Feet: 3,700
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.
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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