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Lee & Associates Facilitates 184K SF Industrial Lease Deal In Romeoville

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LEASED
$8

Virginia

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Industrial184,009 SF
Leased 08/11/2023
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Property Image
LEASED

Lee & Associates Facilitates 184K SF Industrial Lease Deal In Romeoville

1077 Taylor Road

See Similar Deals
Industrial184,009 SF
Leased 08/11/2023
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Summary

VIRGINIA
Asset Type:Industrial
Price Per Square Foot:$8
Total Square Footage:184,009 SF
Transaction Type:Lease

Lee & Associates has closed a lease deal for a 184,009-square-foot industrial space located at 1077 Taylor Road in Romeoville, IL. The property, owned by Prologis, was successfully leased to U.S. Cabinet Depot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A (Lease)
  • Asking Rent: $8.50/ft.
  • Square Footage: 184,009
  • Address: 1077 Taylor Road
  • Market: Romeoville

The lease transaction was facilitated by the following representatives: Jeff Galante and Jeff Janda from Lee & Associates represented the landlord, Prologis, while the tenant, U.S. Cabinet Depot, was represented by Jason Talanian of Glennwood Commercial Realty.

It is worth mentioning that this lease deal was successfully closed through the efforts of Lee & Associates' Jeff Galante and Jeff Janda, who represented the landlord, Prologis, and Jason Talanian, the tenant's representative from Glennwood Commercial Realty.

Players

Jeffrey (Jeff) Janda
27 deals$27.2M volume(847) 736-7338
BROKER

Jeffrey (Jeff) Galante
Lee & Associates
16 deals$19.6M volume(630) 363-7605
BROKER

Jason Talanian
Glennwood Commercial Realty
2 deals$3.2M volume(773) 914-3200
BROKER

Prologis
BROKERAGE

Prologis
LANDLORD

Details

LEASED
IMAGE: Jeff Janda DATE: 08/11/2023 ADDRESS: 1077 Taylor Road MARKET: Romeoville ASSET TYPE: Industrial LANDLORD: Prologis (@Prologis) TENANT: U.S. Cabinet Depot LANDLORD'S REP: Jeff Galante & Jeff Janda - Lee & Associates (@LeeAssociatesRE) TENANT'S REP: Jason Talanian - Glennwood Commercial Realty ASKING RENT: $8.50/ft. ~ SF: 184,009 NOTE: Lee & Associates has closed a lease deal for a 184,009-square-foot industrial space in Romeoville, IL. The owner, Prologis, was represented by Lee & Associates' Jeff Galante and Jeff Janda, while the tenant, U.S. Cabinet Depot, was represented by Jason Talanian of Glennwood Commercial Realty.

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Deal Type
Effective Rent (Annual)

$1,687,565.57

Total Lease Value

$16,875,655.75

Net Landlord Cash Flow$1,687,565.57