EXECUTIVE SUMMARY

Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive advisor in the sale of the R.R. Donnelley Portfolio (the “Portfolio”), located at 609 South Kirk Road and 1750 Wallace Avenue in St. Charles, IL. The Portfolio totals 783,668 square feet in the Southern Fox Valley submarket of Chicago.


With  14.6  years  of  remaining  lease  term,  the  Portfolio  is 100% leased to R.R. Donnelley & Sons Company (“RRD”), a global leader in business communications, marketing, and print solutions. RRD recently executed an early seven-year lease extension commencing in 2034, reinforcing its long-term commitment to the subject facilities, which serve as critical production and distribution hubs.


The Portfolio provides investors with the opportunity to acquire two fully leased assets backed by a nationally recognized tenant, offering durable, long-term cash flow ina strong-performing submarket.

INVESTMENT HIGHLIGHTS

  • 14+ years of remaining lease term
  • Absolute NNN lease structure
  • Nationally recognized tenant with significant capital invested in buildings
  • Exceptionally strong market fundamentals for Chicago and Southern Fox Valley submarket
  • Secure cash flow at a basis well below replacement cost

OFFERING AT A GLANCE

Size: 783,668 SF
# of Buildings: 2
Tenant: R.R. Donnelley & Sons Company
Leased: 100%
Remaining Term:

14.6 Years

Lease Structure: Absolute NNN
Annual Escalations: Yrs 1-8: 3.50%; Yrs 9-15: 3.25%

 

CONTACTS

MIKE TENTERIS

Vice Chair
+1 312 470 3832
michael.tenteris@cushwake.com

 

ADAM TYLER

Vice Chair

+1 312 470 1840
adam.tyler@cushwake.com

MEGAN BARKER

Director
+1 312 424 8202
megan.barker@cushwake.com 

 

JIM CARPENTER

Vice Chair
+1 312 470 3830
jim.carpenter@cushwake.com

MIKE MAGLIANO

Executive Managing Director

+1 847 518 3259

michael.magliano@cushwake.com

 

 

JEFF ALTENAU
Vice Chair
+1 312 470 2355
jeff.altenau@cushwake.com 

ZACH YARNOFF

Managing Director
+1 312 424 8205
zach.yarnoff@cushwake.com