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Fresenius Medical Care Renews Lease At Elmhurst Office Complex With Cresa Representation

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LEASED

Illinois

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Office22,699 SF
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LEASED

Fresenius Medical Care Renews Lease At Elmhurst Office Complex With Cresa Representation

501 W Lake St, Elmhurst, IL, 60126

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Office22,699 SF
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:22,699 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 501 W Lake St, Elmhurst, IL, 60126. This office asset occupies a total area of 22,699 square feet within The Corporate Plaza of Elmhurst, situated in the Elmhurst market. The property consists of a single-story office complex featuring high visibility on Lake Street, common docks, office/flex space, and access to major interstates including Route 83 and Interstates 290, 294, and 355. Currently, the property is 73 percent leased, with four available spaces ranging from 4,000 to 13,000 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Fresenius Medical Care
  • Landlord: Dukes Bridge LLC
  • Tenant's Representative: Patricia "Pat" Crow-Cresa
  • Landlord's Representative: Steve Chrastka-NAI Capital

In this lease transaction, Patricia "Pat" Crow represented Fresenius Medical Care, while Steve Chrastka, along with Dan O’Neill from NAI Hiffman, represented the landlord, Dukes Bridge LLC. This transaction involved the renewal of the lease by Fresenius Medical Care at the specified office complex, reflecting their ongoing commitment to the location.

Players

Steve Chrastka
4 deals$7.4M volume
BROKER

Details

LEASED
IMAGE: 501 W Lake St, Elmhurst, IL, 60126 MARKET: Elmhurst ASSET TYPE: Office TENANT'S REP: Patricia "Pat" Crow-Cresa LANDLORD'S REP: Steve Chrastka-NAI Capital TENANT: Fresenius Medical Care LANDLORD: Dukes Bridge LLC SQUARE FEET: 22699

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Deal Type
Effective Rent (Annual)

$1,301,092.98

Total Lease Value

$13,010,929.82

Net Landlord Cash Flow$1,301,092.98