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953 American Lane

IndusPAD Leases 84,253 SF Office To Wolfpack Marketing Group In Schaumburg
LEASEDOffice

IndusPAD Leases 84,253 SF Office To Wolfpack Marketing Group In Schaumburg

953 American Lane

Building Size

84,253 SF

Asset Type

Office

Closing

Mar 31, 2026

AI

The property asset involved in this transaction is an office space situated at 953 American Lane in Schaumburg. This property encompasses a total square footage of 84,253 and operates under a modified gross lease arrangement.

Summary of transaction details:

This transaction features key individuals, including Scott Ohlander, who represents the landlord, IndusPAD, through the agency JLL. The tenant is represented by a team from Bespoke Commercial Real Estate, consisting of Steve Rasiarmos, Cody Cowgill, Peter Billmeyer, and Victor Sanmiguel.

Players

Victor Sanmiguel

Bespoke Commercial Real Estate

Broker

4 deals

Broker

Schaumburg 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