Updated Nov 28, 2024
Lee & Associates Facilitates 184K SF Industrial Lease Deal In Romeoville
1077 Taylor Road
$8
$8/SF
Building Size
184,009 SF
Asset Type
Industrial
Closing
Aug 11, 2023
About this deal
AI
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.
On the Map
$8
$8/SF
Industrial
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Players
La Crosse Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1982875.00%
Cash-on-Cash
-566711.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93