A Fresh Take on CRE

Chicago Weekly Comp Digest: Special Olympics Illinois Signs for 8 Years, Jacobson Warehouse Takes 202,902 SF

Every week, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.

   
500 Waters Edge Lane in Lombard

Lombard: Special Olympics Illinois Signs for 8 Years

Special Olympics Illinois signed a lease at 500 Waters Edge Lane in Lombard. The organization will pay gross rent in the high-$10s PSF for the 5,905 SF space. The term of the lease is eight years and includes eight months of free rent. The lease also includes $0.50 in annual escalations.



   
16750 Vincennes Avenue in South Holland


South Holland: Jacobson Warehouse Takes 202,902 SF

Jacobson Warehouse signed a lease at 16750 Vincennes Avenue in South Holland. The company will pay gross rent in the low-$4.00s PSF for the 202,902 SF space. The term of the lease is three years and includes three months of free rent. The industrial space includes offices, truck doors, and updated lighting.