Industrial & Logistics

Ascendance Portfolio

400-444 E. State Parkway Schaumburg, IL United States 60173
Asking Price Contact for pricing
Sq. Footage 103,090
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1997

Property Description

This Portfolio consists of seven (7) buildings totaling 212,883 square feet with an average tenant size of 7,341 square feet and an average office build-out of 38%. Occupancy currently sits at 93% and the average tenant tenure within the Portfolio exceeds 13 years. To take this further, 67% of the tenancy has been in their space for at least seven (7) years and the Portfolio’s seven (7) largest tenants (representing 55% of the total square footage) have been in the Portfolio for an average duration of more than 15 years. As such, the historical occupancy dating back to 2012 has averaged nearly 97%.

Investment Highlights

HFF is pleased to present the Ascendance Chicago Industrial Portfolio, a unique collection of multi-tenant industrial assets located along the I-90 corridor in northwest suburban Chicago.
Kurt Sarbaugh
Kurt Sarbaugh
Senior Director
Licensed in
475.123047
Robin Stolberg
Robin Stolberg
Senior Director
Licensed in
475.12348

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