Midwest Salt Leases Office Space At 0S050 North Winfield Road For 10 Years

The asset involved in this lease transaction is an office property located at 0S050 North Winfield Road in the Winfield market. The lease spans 12,500 square feet with an asking rent set at $19 per square foot. The lease term is established for a duration of 10 years, and it falls under a Full Service Gross lease type.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19/ft
• Address: 0S050 North Winfield Road
• Market: Winfield
• Size: 12,500 SF
• Landlord: Hamza Abuhani
• Tenant: Midwest Salt
• Landlord's Representative: Tan Su - Frog City Realty
• Tenant's Representatives: Matt Kelly & Bill Lussow - Bespoke Commercial Real Estate
• Landlord's Attorney: Sandeep Basran - Basran Law Office
• Lease Term: 10 Years
• Lease Type: Full Service Gross

The deal features Tan Su representing the landlord Hamza Abuhani through Frog City Realty, a brokerage specializing in commercial real estate in the Chicago area. In addition, the tenant Midwest Salt is represented by Matt Kelly and Bill Lussow from Bespoke Commercial Real Estate. The legal aspects of the transaction are managed by Sandeep Basran of Basran Law Office.