True Value Leases 125000 Square Feet From FCA At 8600 W Bryn Mawr Ave Chicago
8600 W Bryn Mawr Ave, Chicago, IL, 6...
Building Size
125,000 SF
Asset Type
Office
Closing
Jan 31, 2017
AI
The property involved in the transaction is located at 8600 W Bryn Mawr Ave, Chicago, IL, and comprises 125,000 square feet. It is situated within the Chicago market and is part of Presidents Plaza.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: True Value
- Landlord: FCA
- Tenant's Representative: Christopher Wood-Cushman & Wakefield
- Landlord's Representative: David Trumpy-GlenStar Properties
- Square Feet: 125,000
This lease renewal transaction was represented by Cushman & Wakefield, with Christopher Wood leading the representation for True Value, while the landlord, FCA, was represented by David Trumpy of GlenStar Properties.
Players
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