ML Realty Partners And Prologis Jointly Acquire Industrial Property In Bensenville, Il For $64M
SOLD
$64,000,000
Illinois
See Similar DealsIndustrial
Sold 04/27/2021
SOLD
ML Realty Partners And Prologis Jointly Acquire Industrial Property In Bensenville, Il For $64M
Mohawk Drive, Bensenville, IL, USA
See Similar DealsIndustrial
Sold 04/27/2021
Summary
ILLINOIS
Asset Type:Industrial
Transaction Type:Sale
The industrial property located at Mohawk Terrace in Bensenville, IL has been sold in a transaction. The property's key details include its address, which is Mohawk Terrace in Bensenville, IL. The transaction involved the sale of an industrial asset. The total sale price for the property was $64,000,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $64,000,000
- Address: Mohawk Terrace, Bensenville, IL
The buyer in this transaction was ML Realty Partners represented by Michael Luecht, along with Prologis represented by Hamid Moghadam.
NOTE: There is no mention of the seller or any additional details in the CONTEXT.Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,413,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$227,378.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$303,392.65
Annual Debt Service$3,640,711.82
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