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Bradford Allen Secures Lease Agreements For 570 Lake Cook Road In Deerfield, Illinois

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LEASED
$19
Vic Sanmiguel
Hayden Rasmussen
+ 1

Illinois

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Office35,000 SF
Leased 05/26/2023
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LEASED

Bradford Allen Secures Lease Agreements For 570 Lake Cook Road In Deerfield, Illinois

570 Lake Cook Rd Deerfield, IL 60015, USA

See Similar Deals
Office35,000 SF
Leased 05/26/2023
Vic Sanmiguel
Hayden Rasmussen
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$19
Total Square Footage:35,000 SF
Transaction Type:Lease

Bradford Allen has secured lease agreements totaling 35,000 square feet at 570 Lake Cook Road in Deerfield, Illinois. The property is a renovated five-story building. Coworking firm Venture X will open a 19,000-square-foot flex office location, while planning and design consulting firm Kimley-Horn expanded its office space to 16,000 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 570 Lake Cook Road
  • Market: Deerfield

The landlord's representative is Joel Berger from Bradford Allen. The tenant's representatives are Vic Sanmiguel from Bespoke Commercial Real Estate, as well as Hayden Rasmussen and Jon Azulay from Savills.

Players

Joel Berger
1 deal(312) 595-2942
BROKER




TENANT

Details

LEASED
IMAGE: Jon Azulay & Hayden Rasmussen DATE: 05/26/2023 ADDRESS 570 Lake Cook Road MARKET: Deerfield ASSET TYPE: Office TENANT: Venture X & Kimley-Horn LANDLORD'S REP: Joel Berger - Bradford Allen (@BradfordAllenCRE) TENANT'S REP: Vic Sanmiguel - Bespoke Commercial Real Estate; Hayden Rasmussen & Jon Azulay - Savills (@Savills) ASKING RENT: $19.50/ft. ~ SF: 35,000 NOTE: Bradford Allen has secured lease agreements totaling 35,000 square feet at 570 Lake Cook Road in Deerfield, Illinois. Coworking firm Venture X will open a 19,000-square-foot flex office location, while planning and design consulting firm Kimley-Horn expanded its office space to 16,000 square feet in the renovated five-story building.

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Deal Type
Effective Rent (Annual)

$762,347.97

Total Lease Value

$7,623,479.74

Net Landlord Cash Flow$762,347.97