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Mohawk Drive, Bensenville, ...

ML Realty Partners And Prologis Jointly Acquire Industrial Property In Bensenville, Il For $64M
SOLDIndustrial

ML Realty Partners And Prologis Jointly Acquire Industrial Property In Bensenville, Il For $64M

Mohawk Drive, Bensenville, IL, USA

$64,000,000

Building Size

Asset Type

Industrial

Closing

Apr 26, 2021

AI

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.

Players

Bensenville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.25%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93