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Chicago Department Of Aviation Signs 99,421 Square Foot Lease At U.S. Cellular Plaza

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LEASED
Francis Prock
Jonathon Connor
Fred Ishler

Illinois

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Office99,421 SF
Leased 12/10/2024
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Property Image
LEASED

Chicago Department Of Aviation Signs 99,421 Square Foot Lease At U.S. Cellular Plaza

8420 West Bryn Mawr Avenue

See Similar Deals
Office99,421 SF
Leased 12/10/2024
Francis Prock
Jonathon Connor
Fred Ishler
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:99,421 SF
Transaction Type:Lease

The property involved in this transaction is an office space located at 8420 West Bryn Mawr Avenue in Chicago, comprising a total square footage of 99,421. This asset is part of the U.S. Cellular Plaza.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Date: 12/10/2024
  • Landlord: FCA Partners
  • Tenant: Chicago Department of Aviation
  • Landlord's Representative: Francis Prock & Jonathon Connor - Colliers
  • Tenant's Representative: Fred Ishler - Avison Young
  • Lease Term: Long-term lease through 2033
  • Employee Count: Over 330 employees across 18 contractors

This lease transaction secures operational space for the Chicago Department of Aviation, facilitating the relocation of contractors involved in the O’Hare 21 modernization project from their current location near the airport. The deal supports the ongoing expansion and renovation efforts at O’Hare International Airport.

Players

Francis Prock
Colliers
Francis Prock
4 deals$13M volume
BROKER
Jonathon Connor
Colliers
Jonathon Connor
5 deals(847) 436-6664
BROKER
Fred Ishler
Avison Young
Fred Ishler
1 deal(630) 408-9366
BROKER

Details

LEASED
IMAGE: Fred Ishler, Francis Prock & Jonathon Connor DATE: 12/10/2024 ADDRESS: 8420 West Bryn Mawr Avenue MARKET: Chicago ASSET TYPE: Office ~ SF: 99,421 LANDLORD: FCA Partners TENANT: Chicago Department of Aviation LANDLORD'S REP: Francis Prock & Jonathon Connor - Colliers (@ColliersInternational) TENANT'S REP: Fred Ishler - Avison Young (@Avison_Young_Global) NOTE: The Chicago Department of Aviation (CDA) signed a 99,421-square-foot lease at U.S. Cellular Plaza, relocating contractors involved in the O’Hare 21 modernization project from its current location near the airport. The long-term lease runs through 2033 and secures space for over 330 employees across 18 contractors, supporting the ongoing expansion and renovation of O’Hare International Airport.

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Deal Type
Effective Rent (Annual)

$5,698,751.73

Total Lease Value

$56,987,517.25

Net Landlord Cash Flow$5,698,751.73