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Lease Comps Summary

Lease Comps Report

Deals Asking Rent Per SF Starting Rent Per SF Avg. Months On Market

45 $6.92 $7.67 11
LEASE COMPARABLES

SUMMARY STATISTICS

Rent Deals Low Average Median High

Asking Rent Per SF 26 $4.50 $6.92 $7.63 $8.25


Starting Rent Per SF 6 $5.34 $7.67 $7.87 $8.96
Effective Rent Per SF 3 $5.34 $7.13 $7.92 $8.33
Asking Rent Discount 4 0.0% 1.6% 1.5% 4.0%
TI Allowance 1 $0.00 $0.00 $0.00 $0.00
Months Free Rent 1 0 0 0 0

Lease Attributes Deals Low Average Median High

Months on Market 41 1 11 7 74
Deal Size 45 10,000 13,710 13,200 19,963
Lease Deal in Months 12 12.0 41.0 36.0 63.0
Floor Number 45 1 1 1 1

5/21/2019
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Page 1
Lease Comps Summary
Lease Comps Report

Lease Rents

Property Name - Address Rating SF Leased Floor Sign Date Type Rent Rent Type

1 684-690 County Line Rd


- 10,634 1st 5/6/2019 New $7.95/mg Asking

2 300 - 330 County Line Rd


- 16,396 1st 4/5/2019 New $6.25/nnn Asking
300-330 County Line Rd

3 2650-2670 American Ln
- 11,200 1st 4/1/2019 New $6.95 Asking

4 Ellis Avenue Bldg


- 10,240 1st 3/12/2019 New - -
1141-1161 Ellis St

5 2301-2311 Touhy Ave


- 18,709 1st 2/11/2019 New - -

6 Building V
- 11,022 1st 1/11/2019 New - -
873-895 Cambridge Dr

7 Century Tile
- 10,000 1st 1/11/2019 New $6.95/mg Asking
1220 Norwood Ave

8 827-835 N Central Ave


- 11,054 1st 1/9/2019 New $8.25/mg Asking

8 827-835 N Central Ave


- 11,124 1st 1/9/2019 New $8.25/mg Asking

9 835-865 Bonnie Ln
- 13,200 1st 1/3/2019 New $5.25/n Asking

10 2634-2638 Delta Ln
- 12,885 1st 12/17/2018 New $7.81/fs Starting

11 414 E. Golf Road


- 17,500 1st 12/14/2018 New - -
414 E Golf Rd

6 Building V
- 15,030 1st 12/11/2018 New - -
873-895 Cambridge Dr

12 Building 3
- 10,800 1st 11/29/2018 New $7.50/mg Asking
2701-2711 Coyle Ave

13 1001 Arthur Ave


- 19,963 1st 11/28/2018 New - -

14 930 Nicholas Blvd


- 14,986 1st 11/1/2018 New $5.95/n Asking

8 827-835 N Central Ave


- 11,054 1st 10/18/2018 New $7.92/nnn Effective

15 780-790 Bonnie Ln
- 13,687 1st 10/9/2018 New $7.75/mg Asking

4 Ellis Avenue Bldg


- 13,630 1st 9/17/2018 New - -
1141-1161 Ellis St

16 Mark Street #5
- 13,770 1st 8/30/2018 New - -
1361-1401 N Wood Dale Rd

17 A
- 14,724 1st 8/24/2018 New $8.96/ig Starting
1830 Howard St

2451-2489 S Wolf Rd
- 15,360 1st 8/20/2018 New $7.50/mg Asking

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Lease Comps Summary
Lease Comps Report

Lease Rents

Property Name - Address Rating SF Leased Floor Sign Date Type Rent Rent Type

18 2451-2489 S Wolf Rd
- 15,360 1st 8/20/2018 New $7.50/mg Asking

19 Geo. Stevens Manufactu…


- 10,540 1st 8/8/2018 New - -
980 Pauly Dr

20 705-707 Thomas Dr
- 13,600 1st 7/23/2018 New - -

21 Regent O'Hare IV
- 10,257 1st 7/20/2018 New - -
901-951 Cambridge Dr

16 Mark Street #5
- 15,409 1st 7/18/2018 New - -
1361-1401 N Wood Dale Rd

22 Enesis Press Incorporated


- 10,087 1st 7/17/2018 Renewal - -
1501-1549 Ardmore Ave

23 751 N Rohlwing Rd
- 11,700 1st 7/11/2018 New $5.50/mg Asking

24 401 Eastern Ave


- 17,693 1st 6/30/2018 New $5.95/nnn Asking

25 Mark Street Business Park


- 17,757 1st 6/22/2018 New $5.95/n Asking
2501-2575 Allan Dr

26 626-630 Thomas Dr
- 13,191 1st 6/15/2018 New $7.75 Starting

27 501 Lively Blvd


- 10,800 1st 6/1/2018 New - -

28 1157-1161 Pagni Dr
- 10,000 1st 5/21/2018 New $8.33/fs Effective

26 626-630 Thomas Dr
- 13,191 1st 5/12/2018 New $7.75/mg Asking

29 Woodland Rose
- 16,698 1st 5/1/2018 New $4.50/n Asking
2287-2321 S Mount Prosp…

30 Devon-O'Hare Center
- 15,900 1st 4/30/2018 New $7.75/mg Asking
1900-1960 E Devon Ave

31 215 Park St
- 14,117 1st 4/23/2018 New $7.75/fs Asking

32 483-489 Thomas Dr
- 19,400 1st 4/16/2018 New $7.75/mg Asking

33 840-850 N Central Ave


- 11,660 1st 3/3/2018 New $5.34/nnn Effective

34 780 Aec Dr
- 19,237 1st 3/2/2018 New - -

30 Devon-O'Hare Center
- 12,000 1st 3/1/2018 New $7.75/mg Asking
1900-1960 E Devon Ave

35 50-60 Rawls Rd
- 16,144 1st 3/1/2018 Renewal - -

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Lease Comps Summary
Lease Comps Report

Lease Rents

Property Name - Address Rating SF Leased Floor Sign Date Type Rent Rent Type

36 135-145 Bond St
- 12,000 1st 1/31/2018 New $8.00/mg Asking

9 835-865 Bonnie Ln
- 13,200 1st 1/31/2018 New $5.25/nnn Asking

16 Mark Street #5
- 15,409 1st 1/31/2018 New - -
1361-1401 N Wood Dale Rd

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Lease Comps Report

1 684-690 County Line Rd


Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 10,634 SF Asking Rent: $7.95/MG
Sign Date: May 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.68/SF (2008)
Floor: 1st Floor
Suite: 684

LEASE TERM
Start Date: Aug 2019

TIME ON MARKET TIME VACANT


Date On Market: Sep 2018 Date Vacated: May 2018
Date Off Market: May 2019 Date Occupied: Aug 2019
Months on Market: 8 Months Months Vacant: 14 Months

PROPERTY
Property Type: Industrial Rentable Area: 16,634 SF
Status: Built 1991 Stories: 1
Tenancy: Multi Floor Size: 16,634 SF
MARKET AT LEASE
Class: B Ceiling Height: 18'
Construction: Masonry Vacancy at Lease: 63.9%
Vacancy Rates 2019 Q2 YOY
Parking: 27 free Surface Spa… Land Acres: 1.95
Current Building 63.9% 63.9%
Submarket 1-3 Star 4.9% 0.5%
Market Overall 5.8% -0.3%

Same Store Asking Rent/SF 2019 Q2 YOY


Current Building $7.95 0.0%
Submarket 1-3 Star $8.10 4.7%
Market Overall $7.14 4.8%

Submarket Leasing Activity 2019 Q2 YOY

12 Mo. Leased SF 4,672,130 5.9%


Months On Market 6.6 0.7

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Lease Comps Report

2 300-330 County Line Rd - 300 - 330 County Line Rd


Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 16,396 SF Asking Rent: $6.25/NNN
Sign Date: Apr 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.62/SF (2017)
Floor: 1st Floor Operating Exp.: $0.95/SF (2016)
Suite: 330

LEASE TERM
Start Date: Jul 2019

TIME ON MARKET TIME VACANT


Date On Market: Sep 2016 Date Vacated: Oct 2016
Date Off Market: Apr 2019 Date Occupied: Jul 2019
Months on Market: 31 Months Months Vacant: 33 Months

PROPERTY
Property Type: Industrial Rentable Area: 66,939 SF
Status: Built 1989 Stories: 1
Tenancy: Multi Floor Size: 66,939 SF
MARKET AT LEASE
Class: B Ceiling Height: 21'
Construction: Masonry Vacancy at Lease: 24.5%
Vacancy Rates 2019 Q2 YOY
Parking: 82 free Surface Spa… Land Acres: 3.16
Current Building 24.5% 0.0%
Submarket 2-4 Star 4.9% 0.6%
Market Overall 5.8% -0.3%

Same Store Asking Rent/SF 2019 Q2 YOY


Current Building $6.25 0.0%
Submarket 2-4 Star $8.07 4.7%
Market Overall $7.14 4.8%

Submarket Leasing Activity 2019 Q2 YOY

12 Mo. Leased SF 4,672,130 5.9%


Months On Market 6.6 0.7

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3 2650-2670 American Ln
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 11,200 SF Asking Rent: $6.95
Sign Date: Apr 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $0.99/SF (2009)
Floor: 1st Floor
Suite: 2654-2656

LEASE TERM
Start Date: May 2019

TIME ON MARKET TIME VACANT


Date On Market: Mar 2018 Date Vacated: May 2018
Date Off Market: Apr 2019 Date Occupied: May 2019
Months on Market: 13 Months Months Vacant: 12 Months

PROPERTY
Property Type: Industrial Rentable Area: 55,000 SF
Status: Built 1970 Stories: 1
Tenancy: Multi Floor Size: 55,000 SF
MARKET AT LEASE
Class: C Ceiling Height: 14'
Construction: Masonry Vacancy at Lease: 0.0%
Vacancy Rates 2019 Q2 YOY
Parking: 40 free Surface Spa… Land Acres: 2.20
Current Building 0.0% 20.4%
Submarket 1-3 Star 4.9% 0.5%
Market Overall 5.8% -0.3%

Same Store Asking Rent/SF 2019 Q2 YOY


Current Building $6.95 0.0%
Submarket 1-3 Star $8.10 4.7%
Market Overall $7.14 4.8%

Submarket Leasing Activity 2019 Q2 YOY

12 Mo. Leased SF 4,672,130 5.9%


Months On Market 6.6 0.7

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Lease Comps Report

4 1141-1161 Ellis St - Ellis Avenue Bldg


Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 10,240 SF Taxes: $1.72/SF (2017)
Sign Date: Mar 2019 Operating Exp.: $0.65/SF (2015-Est);…
Space Use: Industrial
Lease Type: Sublease
Floor: 1st Floor
Suite: 1147

LEASE TERM
Start Date: May 2019

TIME ON MARKET TIME VACANT


Date On Market: Dec 2018 Date Vacated: Dec 2018
Date Off Market: Mar 2019 Date Occupied: May 2019
Months on Market: 3 Months Months Vacant: 4 Months

PROPERTY
Property Type: Industrial Rentable Area: 196,512 SF
Status: Built 1988 Stories: 1
Tenancy: Multi Floor Size: 196,512 SF
MARKET AT LEASE
Class: B Ceiling Height: 24'
Construction: Reinforced Concrete Vacancy at Lease: 5.2%
Vacancy Rates 2019 Q1 YOY
Parking: 160 free Surface Sp… Land Acres: 9.91
Current Building 5.2% 5.3%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building - -
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

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Lease Comps Report

5 2301-2311 Touhy Ave


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 18,709 SF Taxes: $2.86/SF (2017)
Sign Date: Feb 2019
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: Jul 2019

TIME ON MARKET TIME VACANT


Date On Market: Dec 2018 Date Vacated: Dec 2018
Date Off Market: Feb 2019 Date Occupied: Jul 2019
Months on Market: 3 Months Months Vacant: 7 Months

PROPERTY
Property Type: Industrial Rentable Area: 36,840 SF
Status: Built 1966 Stories: 1
Tenancy: Multi Floor Size: 36,840 SF
Class: C Ceiling Height: 18'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 69.8%
Parking: 48 free Surface Spa… Land Acres: 2.35
Vacancy Rates 2019 Q1 YOY
Current Building 69.8% 11.3%
Submarket 1-3 Star 4.6% 0.2%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building $6.95 28.7%
Submarket 1-3 Star $8.04 4.6%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

5/21/2019
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Lease Comps Report

6 873-895 Cambridge Dr - Building V


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 11,022 SF Taxes: $2.20/SF (2017)
Sign Date: Jan 2019 Operating Exp.: $1.22/SF (2015)
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 895

LEASE TERM
Start Date: Apr 2019

TIME ON MARKET TIME VACANT


Date On Market: Sep 2018 Date Occupied: Apr 2019
Date Off Market: Jan 2019
Months on Market: 4 Months

PROPERTY
Property Type: Industrial Rentable Area: 67,134 SF
Status: Built 1980 Stories: 1
Tenancy: Multi Floor Size: 67,134 SF
MARKET AT LEASE
Class: C Ceiling Height: 18'
Construction: Masonry Vacancy at Lease: 16.4%
Vacancy Rates 2019 Q1 YOY
Parking: 150 free Surface Sp… Land Acres: 3.30
Current Building 16.4% 16.4%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building - -
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

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Lease Comps Report

7 1220 Norwood Ave - Century Tile


Itasca, IL 60143 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 10,000 SF Asking Rent: $6.95/MG
Sign Date: Jan 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.45/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Mar 2019

TIME ON MARKET TIME VACANT


Date On Market: Nov 2017 Date Occupied: Mar 2019
Date Off Market: Jan 2019
Months on Market: 14 Months

PROPERTY
Property Type: Industrial Rentable Area: 46,080 SF
Status: Built 1976 Stories: 1
Tenancy: Single Floor Size: 46,080 SF
Class: B Ceiling Height: 10'-18'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 0.0%
Parking: Ratio of 0.00/1,000 SF Land Acres: 1.97
Vacancy Rates 2019 Q1 YOY
Current Building 0.0% 0.0%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building $6.95 0.0%
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

5/21/2019
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Lease Comps Report

8 827-835 N Central Ave


Wood Dale, IL 60191 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 11,054 SF Asking Rent: $8.25/MG
Sign Date: Jan 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.35/SF (2017)
Floor: 1st Floor
Suite: 843

LEASE TERM
Start Date: Apr 2019

TIME ON MARKET TIME VACANT


Date On Market: Nov 2016 Date Occupied: Apr 2019
Date Off Market: Jan 2019
Months on Market: 26 Months

PROPERTY
Property Type: Industrial Rentable Area: 71,284 SF
Status: Built 1983 Stories: 1
Tenancy: Multi Floor Size: 71,284 SF
MARKET AT LEASE
Class: C Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 31.1%
Vacancy Rates 2019 Q1 YOY
Parking: 87 Surface Spaces a… Land Acres: 3.44
Current Building 31.1% 15.5%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building $8.25 3.8%
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

5/21/2019
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Lease Comps Report

8 827-835 N Central Ave


Wood Dale, IL 60191 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 11,124 SF Asking Rent: $8.25/MG
Sign Date: Jan 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.35/SF (2017)
Floor: 1st Floor
Suite: 847

LEASE TERM
Start Date: Apr 2019

TIME ON MARKET TIME VACANT


Date On Market: Mar 2018 Date Vacated: Mar 2018
Date Off Market: Jan 2019 Date Occupied: Apr 2019
Months on Market: 10 Months Months Vacant: 12 Months

PROPERTY
Property Type: Industrial Rentable Area: 71,284 SF
Status: Built 1983 Stories: 1
Tenancy: Multi Floor Size: 71,284 SF
MARKET AT LEASE
Class: C Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 31.1%
Vacancy Rates 2019 Q1 YOY
Parking: 87 Surface Spaces a… Land Acres: 3.44
Current Building 31.1% 15.5%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building $8.25 3.8%
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

5/21/2019
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9 835-865 Bonnie Ln
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 13,200 SF Asking Rent: $5.25/N
Sign Date: Jan 2019
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.91/SF (2018)
Floor: 1st Floor Operating Exp.: $0.82/SF (2018)
Suite: 855 Total Exp.: $2.73/SF (2018)

LEASE TERM
Start Date: Apr 2019

TIME ON MARKET TIME VACANT


Date On Market: May 2017 Date Vacated: Jan 2018
Date Off Market: Jan 2019 Date Occupied: Apr 2019
Months on Market: 20 Months Months Vacant: 15 Months

PROPERTY
Property Type: Industrial Rentable Area: 65,140 SF
Status: Built 1983 Stories: 1
Tenancy: Multi Floor Size: 65,140 SF
MARKET AT LEASE
Class: B Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 59.5%
Vacancy Rates 2019 Q1 YOY
Parking: 40 free Surface Spa… Land Acres: 2.38
Current Building 59.5% 39.2%
Submarket 2-4 Star 4.8% 0.5%
Market Overall 5.8% 0.3%

Same Store Asking Rent/SF 2019 Q1 YOY


Current Building $5.01 4.6%
Submarket 2-4 Star $8.01 4.5%
Market Overall $7.08 4.7%

Submarket Leasing Activity 2019 Q1 YOY

12 Mo. Leased SF 4,583,607 18.6%


Months On Market 7.4 1.5

5/21/2019
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Lease Comps Report

10 2634-2638 Delta Ln
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Rent Com, Inc

LEASE RENTS
SF Leased: 12,885 SF Starting Rent: $7.81/FS
Sign Date: Dec 2018
Space Use: Industrial CONCESSIONS AND BUILDOUT
Lease Type: Direct Mo. Free Rents: 0 Months
Floor: 1st Floor

PROPERTY EXPENSES
LEASE TERM Taxes: $1.76/SF (2017)
Start Date: Mar 2019
Expiration Date: Jun 2024
Lease Term: 5 Years 3 Months

TIME ON MARKET TIME VACANT


Date On Market: Jun 2018 Date Vacated: Jun 2018
Date Off Market: Dec 2018 Date Occupied: Mar 2019
Months on Market: 7 Months Months Vacant: 9 Months

MARKET AT LEASE
PROPERTY
Vacancy Rates 2018 Q4 YOY Property Type: Industrial Rentable Area: 12,885 SF
Current Building 100% 100% Status: Built 1975 Stories: 1
Submarket 1-3 Star 4.6% 0.1% Tenancy: Single Floor Size: 12,885 SF
Market Overall 5.8% 0.5% Class: C Ceiling Height: 14'
Construction: Masonry Vacancy at Lease: 100%
Same Store Asking Rent/SF 2018 Q4 YOY
Parking: 10 free Surface Spa… Land Acres: 0.55
Current Building - -
Submarket 1-3 Star $7.98 4.2%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Report

11 414 E Golf Rd - 414 E. Golf Road


Des Plaines, IL 60016 - O'Hare Ind Submarket

TENANT
Tenant Name: Meyer Concrete
Industry: Retailers/Wholesalers

LEASE PROPERTY EXPENSES


SF Leased: 17,500 SF Taxes: $0.03/SF (2017)
Sign Date: Dec 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: Dec 2018

TIME VACANT
Date Occupied: Dec 2018

PROPERTY
Property Type: Industrial Rentable Area: 124,939 SF
Status: Built 1963 Stories: 1
MARKET AT LEASE
Tenancy: Multi Floor Size: 124,939 SF
Vacancy Rates 2018 Q4 YOY Class: B Ceiling Height: 22'5"
Current Building 81.2% 81.2% Construction: Masonry Vacancy at Lease: 81.2%
Submarket 2-4 Star 4.7% 0.4% Parking: 50 free Surface Spa… Land Acres: 6.40
Market Overall 5.8% 0.5%

Same Store Asking Rent/SF 2018 Q4 YOY


Current Building $6.00 -
Submarket 2-4 Star $7.95 4.1%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Report

6 873-895 Cambridge Dr - Building V


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 15,030 SF Taxes: $2.20/SF (2017)
Sign Date: Dec 2018 Operating Exp.: $1.22/SF (2015)
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 873

LEASE TERM
Start Date: Mar 2019

TIME ON MARKET TIME VACANT


Date On Market: Apr 2018 Date Vacated: Jul 2018
Date Off Market: Dec 2018 Date Occupied: Mar 2019
Months on Market: 9 Months Months Vacant: 8 Months

PROPERTY
Property Type: Industrial Rentable Area: 67,134 SF
Status: Built 1980 Stories: 1
Tenancy: Multi Floor Size: 67,134 SF
MARKET AT LEASE
Class: C Ceiling Height: 18'
Construction: Masonry Vacancy at Lease: 22.4%
Vacancy Rates 2018 Q4 YOY
Parking: 150 free Surface Sp… Land Acres: 3.30
Current Building 22.4% 22.4%
Submarket 2-4 Star 4.7% 0.4%
Market Overall 5.8% 0.5%

Same Store Asking Rent/SF 2018 Q4 YOY


Current Building - -
Submarket 2-4 Star $7.95 4.1%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Report

12 2701-2711 Coyle Ave - Building 3


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 10,800 SF Asking Rent: $7.50/MG
Sign Date: Nov 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.48/SF (2017)
Floor: 1st Floor
Suite: 2701-2705

LEASE TERM
Start Date: Feb 2019

TIME ON MARKET TIME VACANT


Date On Market: Sep 2018 Date Occupied: Feb 2019
Date Off Market: Nov 2018
Months on Market: 3 Months

PROPERTY
Property Type: Industrial Rentable Area: 21,600 SF
Status: Built 1968 Stories: 1
Tenancy: Multi Floor Size: 21,600 SF
MARKET AT LEASE
Class: C Ceiling Height: 14'6"-16'
Construction: Masonry Vacancy at Lease: 50.0%
Vacancy Rates 2018 Q4 YOY
Parking: Ratio of 1.40/1,000 SF Land Acres: 1.00
Current Building 50.0% 50.0%
Submarket 1-3 Star 4.6% 0.1%
Market Overall 5.8% 0.5%

Same Store Asking Rent/SF 2018 Q4 YOY


Current Building $7.50 -
Submarket 1-3 Star $7.98 4.2%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Details
Lease Comps Report

13 1001 Arthur Ave


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 19,963 SF Taxes: $2.41/SF (2017)
Sign Date: Nov 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: Feb 2019

TIME ON MARKET TIME VACANT


Date On Market: Apr 2018 Date Occupied: Feb 2019
Date Off Market: Nov 2018
Months on Market: 8 Months

PROPERTY
Property Type: Industrial Rentable Area: 19,963 SF
Status: Built 1985 Stories: 1
Tenancy: Single Floor Size: 19,963 SF
Class: B Ceiling Height: 18'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 100%
Parking: 24 free Surface Spa… Land Acres: 1.15
Vacancy Rates 2018 Q4 YOY
Current Building 100% 100%
Submarket 1-3 Star 4.6% 0.1%
Market Overall 5.8% 0.5%

Same Store Asking Rent/SF 2018 Q4 YOY


Current Building - -
Submarket 1-3 Star $7.98 4.2%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Details
Lease Comps Report

14 930 Nicholas Blvd


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Amerex

LEASE RENTS
SF Leased: 14,986 SF Asking Rent: $5.95/N
Sign Date: Nov 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.69/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Dec 2018
Expiration Date: Nov 2023
Lease Term: 5 Years

TIME ON MARKET TIME VACANT


Date On Market: Jul 2017 Date Vacated: Jan 2018
Date Off Market: Nov 2018 Date Occupied: Dec 2018
Months on Market: 16 Months Months Vacant: 11 Months

MARKET AT LEASE
PROPERTY
Vacancy Rates 2018 Q4 YOY Property Type: Industrial Rentable Area: 14,986 SF
Current Building 0.0% 0.0% Status: Built 1972 Stories: 1
Submarket 1-3 Star 4.6% 0.1% Tenancy: Single Floor Size: 14,986 SF
Market Overall 5.8% 0.5% Class: B Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 0.0%
Same Store Asking Rent/SF 2018 Q4 YOY
Parking: 12 Surface Spaces a… Land Acres: 0.71
Current Building $5.95 0.0%
Submarket 1-3 Star $7.98 4.2%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Details
Lease Comps Report

8 827-835 N Central Ave


Wood Dale, IL 60191 - O'Hare Ind Submarket

TENANT
Tenant Name: Betson West

LEASE RENTS
SF Leased: 11,054 SF Asking Rent: $8.25/NNN
Sign Date: Oct 2018 Starting Rent: $7.92/NNN
Space Use: Industrial Effective Rent: $7.92/NNN
Lease Type: Direct Escalations: 3% CPI
Floor: 1st Floor
Suite: 831 CONCESSIONS AND BUILDOUT
Asking Discount: 4.00%
LEASE TERM
Start Date: Nov 2018 PROPERTY EXPENSES
Expiration Date: Aug 2020 Taxes: $1.35/SF (2017)

TIME ON MARKET TIME VACANT


Date On Market: Oct 2017 Date Occupied: Nov 2018
Date Off Market: Oct 2018
Months on Market: 12 Months

MARKET AT LEASE
PROPERTY
Vacancy Rates 2018 Q4 YOY Property Type: Industrial Rentable Area: 71,284 SF
Current Building 15.6% 15.6% Status: Built 1983 Stories: 1
Submarket 2-4 Star 4.7% 0.4% Tenancy: Multi Floor Size: 71,284 SF
Market Overall 5.8% 0.5% Class: C Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 15.6%
Same Store Asking Rent/SF 2018 Q4 YOY
Parking: 87 Surface Spaces a… Land Acres: 3.44
Current Building $8.25 3.8%
Submarket 2-4 Star $7.95 4.1%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Details
Lease Comps Report

15 780-790 Bonnie Ln
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 13,687 SF Asking Rent: $7.75/MG
Sign Date: Oct 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.98/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Nov 2018

TIME ON MARKET TIME VACANT


Date On Market: Apr 2018 Date Occupied: Nov 2018
Date Off Market: Oct 2018
Months on Market: 6 Months

PROPERTY
Property Type: Industrial Rentable Area: 13,687 SF
Status: Built 1974 Stories: 1
Tenancy: Multi Floor Size: 13,687 SF
Class: C Ceiling Height: 15'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 0.0%
Parking: 14 free Reserved Sp… Land Acres: 0.59
Vacancy Rates 2018 Q4 YOY
Current Building 0.0% 100%
Submarket 1-3 Star 4.6% 0.1%
Market Overall 5.8% 0.5%

Same Store Asking Rent/SF 2018 Q4 YOY


Current Building $7.75 5.9%
Submarket 1-3 Star $7.98 4.2%
Market Overall $7.03 4.2%

Submarket Leasing Activity 2018 Q4 YOY

12 Mo. Leased SF 4,189,158 33.7%


Months On Market 7.0 1.3

5/21/2019
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Lease Comps Details
Lease Comps Report

4 1141-1161 Ellis St - Ellis Avenue Bldg


Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 13,630 SF Taxes: $1.72/SF (2017)
Sign Date: Sep 2018 Operating Exp.: $0.65/SF (2015-Est);…
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 1159

LEASE TERM
Start Date: Dec 2018

TIME ON MARKET TIME VACANT


Date On Market: May 2018 Date Occupied: Dec 2018
Date Off Market: Sep 2018
Months on Market: 4 Months

PROPERTY
Property Type: Industrial Rentable Area: 196,512 SF
Status: Built 1988 Stories: 1
Tenancy: Multi Floor Size: 196,512 SF
MARKET AT LEASE
Class: B Ceiling Height: 24'
Construction: Reinforced Concrete Vacancy at Lease: 0.0%
Vacancy Rates 2018 Q3 YOY
Parking: 160 free Surface Sp… Land Acres: 9.91
Current Building 0.0% 17.5%
Submarket 2-4 Star 4.6% 0.0%
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building - -
Submarket 2-4 Star $7.85 4.0%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

16 1361-1401 N Wood Dale Rd - Mark Street #5


Wood Dale, IL 60191 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 13,770 SF Taxes: $1.64/SF (2017)
Sign Date: Aug 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: Jan 2019

TIME ON MARKET TIME VACANT


Date On Market: Aug 2018 Date Occupied: Jan 2019
Date Off Market: Aug 2018
Months on Market: 1 Months

PROPERTY
Property Type: Industrial Rentable Area: 93,693 SF
Status: Built 1989 Stories: 1
Tenancy: Multi Floor Size: 93,693 SF
Class: C Ceiling Height: 18'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 14.7%
Parking: 78 free Surface Spa… Land Acres: 6.30
Vacancy Rates 2018 Q3 YOY
Current Building 14.7% 14.7%
Submarket 2-4 Star 4.6% 0.0%
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building - -
Submarket 2-4 Star $7.85 4.0%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

17 1830 Howard St - A
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Orozco Trucking
Industry: Business Services

LEASE RENTS
SF Leased: 14,724 SF Starting Rent: $8.96/IG
Sign Date: Aug 2018
Space Use: Industrial
PROPERTY EXPENSES
Floor: 1st Floor Taxes: $3.50/SF (2015)
Operating Exp.: $1.94/SF (2012)
LEASE TERM
Start Date: Sep 2018
Expiration Date: Nov 2020
Lease Term: 2 Years 3 Months

TIME VACANT
Date Occupied: Sep 2018

PROPERTY
Property Type: Flex Rentable Area: 29,468 SF
MARKET AT LEASE
Status: Built 1989 Stories: 1
Vacancy Rates 2018 Q3 YOY Tenancy: Multi Floor Size: 29,468 SF
Current Building 0.0% 0.0% Class: B Ceiling Height: 16'
Submarket 2-4 Star 4.6% 0.0% Construction: Masonry Vacancy at Lease: 0.0%
Market Overall 6.0% 0.5% Parking: 80 free Surface Spa… Land Acres: 4.16

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building $9.25 12.1%
Submarket 2-4 Star $7.85 4.0%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 12.2 1.5

5/21/2019
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Lease Comps Details
Lease Comps Report

18 2451-2489 S Wolf Rd
Des Plaines, IL 60018 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 15,360 SF Asking Rent: $7.50/MG
Sign Date: Aug 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.60/SF (2017)
Floor: 1st Floor Operating Exp.: $0.60/SF (2010)

LEASE TERM
Start Date: Sep 2018
Expiration Date: Sep 2020
Lease Term: 2 Years

TIME ON MARKET TIME VACANT


Date On Market: Mar 2018 Date Vacated: Jul 2018
Date Off Market: Aug 2018 Date Occupied: Sep 2018
Months on Market: 6 Months Months Vacant: 2 Months

PROPERTY
Property Type: Industrial Rentable Area: 221,339 SF
Status: Built 1970 Stories: 1
MARKET AT LEASE
Tenancy: Multi Floor Size: 221,339 SF
Class: B Ceiling Height: 18'2"
Vacancy Rates 2018 Q3 YOY
Construction: Masonry Vacancy at Lease: 0.0%
Current Building 0.0% 34.7%
Submarket 2-4 Star 4.6% 0.0% Parking: 162 free Surface Sp… Land Acres: 8.20
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building $7.50 11.8%
Submarket 2-4 Star $7.85 4.0%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

19 980 Pauly Dr - Geo. Stevens Manufacturing Co. Inc.


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 10,540 SF Taxes: $3.54/SF (2017)
Sign Date: Aug 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: Aug 2018

TIME ON MARKET TIME VACANT


Date On Market: Feb 2018 Date Vacated: Feb 2018
Date Off Market: Aug 2018 Date Occupied: Aug 2018
Months on Market: 6 Months Months Vacant: 6 Months

PROPERTY
Property Type: Industrial Rentable Area: 10,540 SF
Status: Built 1976 Stories: 1
Tenancy: Single Floor Size: 10,540 SF
Class: C Ceiling Height: 14'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 0.0%
Parking: 16 free Surface Spa… Land Acres: 0.53
Vacancy Rates 2018 Q3 YOY
Current Building 0.0% 0.0%
Submarket 1-3 Star 4.6% 0.3%
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building - -
Submarket 1-3 Star $7.88 4.1%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

20 705-707 Thomas Dr
Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE CONCESSIONS AND BUILDOUT


SF Leased: 13,600 SF Buildout Status: Partial Build-Out
Sign Date: Jul 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.70/SF (2017)
Floor: 1st Floor
Suite: 705

LEASE TERM
Start Date: Aug 2018

TIME ON MARKET TIME VACANT


Date On Market: May 2018 Date Vacated: Aug 2018
Date Off Market: Jul 2018 Date Occupied: Aug 2018
Months on Market: 3 Months Months Vacant: 1 Day

PROPERTY
Property Type: Industrial Rentable Area: 27,200 SF
Status: Built 1976 Stories: 1
Tenancy: Multi Floor Size: 27,200 SF
MARKET AT LEASE
Class: C Ceiling Height: 16'
Construction: Masonry Vacancy at Lease: 0.0%
Vacancy Rates 2018 Q3 YOY
Parking: 26 Surface Spaces a… Land Acres: 1.10
Current Building 0.0% 0.0%
Submarket 1-3 Star 4.6% 0.3%
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building - -
Submarket 1-3 Star $7.88 4.1%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

21 901-951 Cambridge Dr - Regent O'Hare IV


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Brown Packaging
Industry: Manufacturing

LEASE PROPERTY EXPENSES


SF Leased: 10,257 SF Taxes: $2.71/SF (2017)
Sign Date: Jul 2018 Operating Exp.: $0.82/SF (2007-Est)
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 901

LEASE TERM
Start Date: Aug 2018

TIME ON MARKET TIME VACANT


Date On Market: Jul 2017 Date Vacated: Dec 2017
Date Off Market: Jul 2018 Date Occupied: Aug 2018
Months on Market: 12 Months Months Vacant: 7 Months

MARKET AT LEASE
PROPERTY
Vacancy Rates 2018 Q3 YOY Property Type: Industrial Rentable Area: 29,509 SF
Current Building 0.0% 0.0% Status: Built 1988 Stories: 1
Submarket 1-3 Star 4.6% 0.3% Tenancy: Multi Floor Size: 29,509 SF
Market Overall 6.0% 0.5% Class: B Ceiling Height: 18'
Construction: Reinforced Concrete Vacancy at Lease: 0.0%
Same Store Asking Rent/SF 2018 Q3 YOY
Parking: 70 free Surface Spa… Land Acres: 2.00
Current Building - -
Submarket 1-3 Star $7.88 4.1%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

16 1361-1401 N Wood Dale Rd - Mark Street #5


Wood Dale, IL 60191 - O'Hare Ind Submarket

TENANT
Tenant Name: Arista Intermodal
Industry: Transportation
NAICS: General Freight Trucking, Local - 484110

LEASE PROPERTY EXPENSES


SF Leased: 15,409 SF Taxes: $1.64/SF (2017)
Sign Date: Jul 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 1391

LEASE TERM
Start Date: Aug 2018
Expiration Date: Aug 2023
Lease Term: 5 Years

TIME ON MARKET TIME VACANT


Date On Market: Nov 2017 Date Occupied: Aug 2018
MARKET AT LEASE Date Off Market: Jul 2018
Months on Market: 9 Months
Vacancy Rates 2018 Q3 YOY
Current Building 14.7% 14.7%
Submarket 2-4 Star 4.6% 0.0% PROPERTY
Market Overall 6.0% 0.5% Property Type: Industrial Rentable Area: 93,693 SF
Status: Built 1989 Stories: 1
Same Store Asking Rent/SF 2018 Q3 YOY
Tenancy: Multi Floor Size: 93,693 SF
Current Building - -
Class: C Ceiling Height: 18'
Submarket 2-4 Star $7.85 4.0%
Construction: Masonry Vacancy at Lease: 14.7%
Market Overall $6.94 4.2%
Parking: 78 free Surface Spa… Land Acres: 6.30

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

22 1501-1549 Ardmore Ave - Enesis Press Incorporated


Itasca, IL 60143 - O'Hare Ind Submarket

TENANT
Tenant Name: Conference Technologies
Industry: Retailers/Wholesalers
NAICS: Radio, Television, and Other Electronics Stores - 443112

LEASE RENTS
SF Leased: 10,087 SF Escalations: 3% Annual
Sign Date: Jul 2018
Space Use: Industrial
PROPERTY EXPENSES
Floor: 1st Floor Taxes: $1.63/SF (2017)
Suite: 1501

LEASE TERM
Start Date: Jul 2018
Expiration Date: Jul 2023
Lease Term: 5 Years

TIME ON MARKET TIME VACANT


Date On Market: May 2012 Date Vacated: May 2012
Date Off Market: Nov 2013
MARKET AT LEASE Months on Market: 74 Months

Vacancy Rates 2018 Q3 YOY


Current Building 0.0% 0.0% PROPERTY
Submarket 2-4 Star 4.6% 0.0% Property Type: Industrial Rentable Area: 40,000 SF
Market Overall 6.0% 0.5% Status: Built 1969 Stories: 1
Tenancy: Multi Floor Size: 40,000 SF
Same Store Asking Rent/SF 2018 Q3 YOY
Class: C Ceiling Height: 18'
Current Building - -
Construction: Masonry Vacancy at Lease: 0.0%
Submarket 2-4 Star $7.85 4.0%
Parking: Ratio of 1.00/1,000 SF Land Acres: 1.00
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

23 751 N Rohlwing Rd
Itasca, IL 60143 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 11,700 SF Asking Rent: $5.50/MG
Sign Date: Jul 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.22/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Oct 2018

TIME ON MARKET TIME VACANT


Date On Market: Dec 2017 Date Vacated: Dec 2017
Date Off Market: Jul 2018 Date Occupied: Oct 2018
Months on Market: 7 Months Months Vacant: 10 Months

PROPERTY
Property Type: Industrial Rentable Area: 109,450 SF
Status: Built 1980 Stories: 1
Tenancy: Multi Floor Size: 109,450 SF
Class: C Ceiling Height: 25'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 10.7%
Parking: 60 free Surface Spa… Land Acres: 4.00
Vacancy Rates 2018 Q3 YOY
Current Building 10.7% 10.7%
Submarket 2-4 Star 4.6% 0.0%
Market Overall 6.0% 0.5%

Same Store Asking Rent/SF 2018 Q3 YOY


Current Building $5.50 -
Submarket 2-4 Star $7.85 4.0%
Market Overall $6.94 4.2%

Submarket Leasing Activity 2018 Q3 YOY

12 Mo. Leased SF 4,475,247 30.8%


Months On Market 6.8 0.4

5/21/2019
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Lease Comps Details
Lease Comps Report

24 401 Eastern Ave


Bensenville, IL 60106 - O'Hare Ind Submarket

TENANT
Tenant Name: East West Carriers

LEASE RENTS
SF Leased: 17,693 SF Asking Rent: $5.95/NNN
Sign Date: Jun 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.28/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Sep 2018
Expiration Date: Sep 2021
Lease Term: 3 Years

TIME ON MARKET TIME VACANT


Date On Market: May 2018 Date Vacated: Jul 2018
Date Off Market: Jul 2018 Date Occupied: Sep 2018
Months on Market: 2 Months Months Vacant: 2 Months

MARKET AT LEASE
PROPERTY
Vacancy Rates 2018 Q2 YOY Property Type: Industrial Rentable Area: 17,693 SF
Current Building 0.0% 0.0% Status: Built 1989 Stories: 1
Submarket 1-3 Star 4.3% 0.8% Tenancy: Single Floor Size: 17,693 SF
Market Overall 6.0% 0.2% Class: C Ceiling Height: 15'
Construction: Masonry Vacancy at Lease: 0.0%
Same Store Asking Rent/SF 2018 Q2 YOY
Parking: 27 free Surface Spa… Land Acres: 0.91
Current Building $5.95 -
Submarket 1-3 Star $7.78 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

25 2501-2575 Allan Dr - Mark Street Business Park


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 17,757 SF Asking Rent: $5.95/N
Sign Date: Jun 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.50/SF (2018)
Floor: 1st Floor Operating Exp.: $0.55/SF (2018)
Suite: 2575 Total Exp.: $2.05/SF (2018)

LEASE TERM
Start Date: Jul 2018

TIME ON MARKET TIME VACANT


Date On Market: May 2017 Date Vacated: Jun 2017
Date Off Market: Jun 2018 Date Occupied: Jul 2018
Months on Market: 14 Months Months Vacant: 13 Months

PROPERTY
Property Type: Industrial Rentable Area: 198,196 SF
Status: Built 1987 Stories: 1
Tenancy: Multi Floor Size: 198,196 SF
MARKET AT LEASE
Class: B Ceiling Height: 24'
Construction: Reinforced Concrete Vacancy at Lease: 9.0%
Vacancy Rates 2018 Q2 YOY
Parking: 100 free Surface Sp… Land Acres: 8.80
Current Building 9.0% 0.0%
Submarket 2-4 Star 4.4% 0.7%
Market Overall 6.0% 0.2%

Same Store Asking Rent/SF 2018 Q2 YOY


Current Building $5.62 5.6%
Submarket 2-4 Star $7.75 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

26 626-630 Thomas Dr
Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 13,191 SF Asking Rent: $7.75
Sign Date: Jun 2018 Starting Rent: $7.75
Space Use: Industrial
Lease Type: Direct CONCESSIONS AND BUILDOUT
Floor: 1st Floor Asking Discount: 0.00%

LEASE TERM PROPERTY EXPENSES


Start Date: Jun 2018 Taxes: $1.47/SF (2016)
Operating Exp.: $1.43/SF (2016)
Total Exp.: $2.90/SF (2016)

TIME VACANT
Date Occupied: Jun 2018

PROPERTY
Property Type: Industrial Rentable Area: 45,611 SF
Status: Built 1970 Stories: 1
Tenancy: Multi Floor Size: 45,611 SF
Class: C Ceiling Height: 16'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 0.0%
Vacancy Rates 2018 Q2 YOY Parking: 40 free Surface Spa… Land Acres: 2.50
Current Building 0.0% 0.0%
Submarket 1-3 Star 4.3% 0.8%
Market Overall 6.0% 0.2%

Same Store Asking Rent/SF 2018 Q2 YOY


Current Building $7.75 -
Submarket 1-3 Star $7.78 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

27 501 Lively Blvd


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: MTA USA Corporation
Industry: Manufacturing
NAICS: All Other Motor Vehicle Parts Manufacturing - 336399

LEASE PROPERTY EXPENSES


SF Leased: 10,800 SF Taxes: $1.13/SF (2017)
Sign Date: Jun 2018 Operating Exp.: $0.13/SF (2012-Est);…
Space Use: Industrial
Floor: 1st Floor

LEASE TERM
Start Date: Jun 2018

TIME VACANT
Date Occupied: Jun 2018

PROPERTY
Property Type: Industrial Rentable Area: 10,800 SF
Status: Built 1987 Stories: 1
MARKET AT LEASE
Tenancy: Single Floor Size: 10,800 SF
Vacancy Rates 2018 Q2 YOY Class: B Ceiling Height: 16'
Current Building 0.0% 0.0% Construction: Steel Vacancy at Lease: 0.0%
Submarket 1-3 Star 4.3% 0.8% Parking: 18 free Surface Spa… Land Acres: 0.50
Market Overall 6.0% 0.2%

Same Store Asking Rent/SF 2018 Q2 YOY


Current Building $9.97 -
Submarket 1-3 Star $7.78 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

28 1157-1161 Pagni Dr
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Helon Equipment
Industry: Personal Services
NAICS: Construction, Mining, and Forestry Machinery and Equipme - 532412

LEASE RENTS
SF Leased: 10,000 SF Asking Rent: $7.95/FS
Sign Date: May 2018 Starting Rent: $7.95/FS
Space Use: Industrial Effective Rent: $8.33/FS
Lease Type: Direct Escalations: 2.5% Annual
Floor: 1st Floor
Suite: 1157 CONCESSIONS AND BUILDOUT
Asking Discount: 0.00%
LEASE TERM
Start Date: Jul 2018 PROPERTY EXPENSES
Expiration Date: Jun 2023 Taxes: $2.78/SF (2017)
Lease Term: 5 Years

TIME ON MARKET TIME VACANT


Date On Market: May 2017 Date Vacated: Apr 2018
MARKET AT LEASE Date Off Market: May 2018 Date Occupied: Jul 2018
Months on Market: 13 Months Months Vacant: 2 Months
Vacancy Rates 2018 Q2 YOY
Current Building 50.0% 50.0%
Submarket 1-3 Star 4.3% 0.8% PROPERTY
Market Overall 6.0% 0.2% Property Type: Industrial Rentable Area: 20,000 SF
Status: Built 1981 Stories: 1
Same Store Asking Rent/SF 2018 Q2 YOY
Tenancy: Multi Floor Size: 20,000 SF
Current Building $7.95 3.6%
Class: B Ceiling Height: 14'
Submarket 1-3 Star $7.78 3.6%
Construction: Masonry Vacancy at Lease: 50.0%
Market Overall $6.84 3.6%
Parking: 22 free Surface Spa… Land Acres: 1.00

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

26 626-630 Thomas Dr
Bensenville, IL 60106 - O'Hare Ind Submarket

TENANT
Tenant Name: Concepts In Flooring

LEASE RENTS
SF Leased: 13,191 SF Asking Rent: $7.75/MG
Sign Date: May 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.47/SF (2016)
Floor: 1st Floor Operating Exp.: $1.43/SF (2016)
Suite: 628 Total Exp.: $2.90/SF (2016)

LEASE TERM
Start Date: Jun 2018

TIME ON MARKET TIME VACANT


Date On Market: Jan 2018 Date Vacated: Jan 2018
Date Off Market: Jun 2018 Date Occupied: Jun 2018
Months on Market: 4 Months Months Vacant: 5 Months

PROPERTY
MARKET AT LEASE
Property Type: Industrial Rentable Area: 45,611 SF
Vacancy Rates 2018 Q2 YOY Status: Built 1970 Stories: 1
Current Building 0.0% 0.0% Tenancy: Multi Floor Size: 45,611 SF
Submarket 1-3 Star 4.3% 0.8% Class: C Ceiling Height: 16'
Market Overall 6.0% 0.2% Construction: Masonry Vacancy at Lease: 0.0%
Parking: 40 free Surface Spa… Land Acres: 2.50
Same Store Asking Rent/SF 2018 Q2 YOY
Current Building $7.75 -
Submarket 1-3 Star $7.78 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
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Lease Comps Details
Lease Comps Report

29 2287-2321 S Mount Prospect Rd - Woodland Rose


Des Plaines, IL 60018 - O'Hare Ind Submarket

TENANT
Tenant Name: Sunrun Inc.
Industry: Agri/Mining/Utilities
NAICS: Other Electric Power Generation - 221119

LEASE RENTS
SF Leased: 16,698 SF Asking Rent: $4.50/N
Sign Date: May 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $3.58/SF (2017)
Floor: 1st Floor Operating Exp.: $1.05/SF (2017)
Suite: 2309 Total Exp.: $4.63/SF (2017)

LEASE TERM
Start Date: May 2018

TIME ON MARKET TIME VACANT


Date On Market: Mar 2017 Date Vacated: May 2017
Date Off Market: May 2018 Date Occupied: May 2018
Months on Market: 14 Months Months Vacant: 12 Months
MARKET AT LEASE

Vacancy Rates 2018 Q2 YOY PROPERTY


Current Building 11.1% 8.1% Property Type: Industrial Rentable Area: 191,146 SF
Submarket 2-4 Star 4.4% 0.7% Status: Built 1988 Stories: 1
Market Overall 6.0% 0.2% Tenancy: Multi Floor Size: 191,146 SF
Class: B Ceiling Height: 18'
Same Store Asking Rent/SF 2018 Q2 YOY
Construction: Masonry Vacancy at Lease: 11.1%
Current Building $4.50 0.0%
Parking: 481 Surface Spaces… Land Acres: 10.19
Submarket 2-4 Star $7.75 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

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Lease Comps Details
Lease Comps Report

30 1900-1960 E Devon Ave - Devon-O'Hare Center


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 15,900 SF Asking Rent: $7.75/MG
Sign Date: Apr 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.79/SF (2013)
Floor: 1st Floor Operating Exp.: $0.66/SF (2013)
Suite: 1930 Total Exp.: $2.45/SF (2013)

LEASE TERM
Start Date: May 2018

TIME ON MARKET TIME VACANT


Date On Market: Aug 2017 Date Vacated: Aug 2017
Date Off Market: Apr 2018 Date Occupied: May 2018
Months on Market: 9 Months Months Vacant: 9 Months

PROPERTY
Property Type: Industrial Rentable Area: 98,445 SF
Status: Built 1976 Stories: 1
Tenancy: Multi Floor Size: 98,445 SF
MARKET AT LEASE
Class: C Ceiling Height: 18'
Construction: Masonry Vacancy at Lease: 0.0%
Vacancy Rates 2018 Q2 YOY
Parking: 110 free Surface Sp… Land Acres: 5.68
Current Building 0.0% 12.2%
Submarket 2-4 Star 4.4% 0.7%
Market Overall 6.0% 0.2%

Same Store Asking Rent/SF 2018 Q2 YOY


Current Building $7.75 2.2%
Submarket 2-4 Star $7.75 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

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Lease Comps Details
Lease Comps Report

31 215 Park St
Bensenville, IL 60106 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 14,117 SF Asking Rent: $7.75/FS
Sign Date: Apr 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.05/SF (2017)
Floor: 1st Floor Operating Exp.: $1.40/SF (2016)

LEASE TERM
Start Date: Jul 2018

TIME ON MARKET TIME VACANT


Date On Market: Jun 2017 Date Occupied: Jul 2018
Date Off Market: May 2018
Months on Market: 11 Months

PROPERTY
Property Type: Industrial Rentable Area: 14,072 SF
Status: Built 1963 Stories: 1
Tenancy: Single Floor Size: 14,072 SF
Class: C Ceiling Height: 12'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 100%
Parking: 30 free Surface Spa… Land Acres: 0.65
Vacancy Rates 2018 Q2 YOY
Current Building 100% 100%
Submarket 1-3 Star 4.3% 0.8%
Market Overall 6.0% 0.2%

Same Store Asking Rent/SF 2018 Q2 YOY


Current Building $7.75 0.0%
Submarket 1-3 Star $7.78 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

Page 41
Lease Comps Details
Lease Comps Report

32 483-489 Thomas Dr
Bensenville, IL 60106 - O'Hare Ind Submarket

TENANT
Tenant Name: Rich Industries, Inc.
Industry: Manufacturing
NAICS: Spring (Heavy Gauge) Manufacturing - 332611

LEASE RENTS
SF Leased: 19,400 SF Asking Rent: $7.75/MG
Sign Date: Apr 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.59/SF (2017)
Floor: 1st Floor Operating Exp.: $1.03/SF (2011-Est)
Suite: 489

LEASE TERM
Start Date: May 2018

TIME ON MARKET TIME VACANT


Date On Market: Dec 2017 Date Vacated: May 2018
Date Off Market: Apr 2018 Date Occupied: May 2018
Months on Market: 5 Months Months Vacant: 15 Days
MARKET AT LEASE

Vacancy Rates 2018 Q2 YOY PROPERTY


Current Building 0.0% 0.0% Property Type: Industrial Rentable Area: 64,748 SF
Submarket 2-4 Star 4.4% 0.7% Status: Built 1973 Stories: 1
Market Overall 6.0% 0.2% Tenancy: Multi Floor Size: 64,748 SF
Class: C Ceiling Height: 18'
Same Store Asking Rent/SF 2018 Q2 YOY
Construction: Masonry Vacancy at Lease: 0.0%
Current Building $7.75 -
Parking: 20 free Surface Spa… Land Acres: 2.49
Submarket 2-4 Star $7.75 3.6%
Market Overall $6.84 3.6%

Submarket Leasing Activity 2018 Q2 YOY

12 Mo. Leased SF 4,962,571 17.3%


Months On Market 5.9 2.7

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

Page 42
Lease Comps Details
Lease Comps Report

33 840-850 N Central Ave


Wood Dale, IL 60191 - O'Hare Ind Submarket

TENANT
Tenant Name: Green Circle Salons
Industry: Retailers/Wholesalers

LEASE RENTS
SF Leased: 11,660 SF Asking Rent: $5.50/NNN
Sign Date: Mar 2018 Starting Rent: $5.34/NNN
Space Use: Industrial Effective Rent: $5.34/NNN
Lease Type: Direct Escalations: Steps
Floor: 1st Floor
Suite: 850 CONCESSIONS AND BUILDOUT
Asking Discount: 2.91%
LEASE TERM
Start Date: Jun 2018 PROPERTY EXPENSES
Expiration Date: May 2020 Taxes: $0.93/SF (2017)
Lease Term: 2 Years

TIME ON MARKET TIME VACANT


Date On Market: Feb 2018 Date Vacated: Jun 2018
Date Off Market: May 2018 Date Occupied: Jun 2018
MARKET AT LEASE Months on Market: 1 Months Months Vacant: 1 Day

Vacancy Rates 2018 Q1 YOY


Current Building 0.0% 0.0% PROPERTY
Submarket 1-3 Star 4.3% 0.4% Property Type: Industrial Rentable Area: 25,562 SF
Market Overall 6.1% 0.2% Status: Built 1989 Stories: 1
Tenancy: Multi Floor Size: 25,562 SF
Same Store Asking Rent/SF 2018 Q1 YOY
Class: B Ceiling Height: 16'-17'
Current Building $5.50 -
Construction: Masonry Vacancy at Lease: 0.0%
Submarket 1-3 Star $7.69 3.3%
Parking: 20 free Surface Spa… Land Acres: 0.80
Market Overall $6.77 3.2%

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
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Lease Comps Details
Lease Comps Report

34 780 Aec Dr
Wood Dale, IL 60191 - O'Hare Ind Submarket

LEASE PROPERTY EXPENSES


SF Leased: 19,237 SF Taxes: $1.57/SF (2017)
Sign Date: Mar 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor

LEASE TERM
Start Date: May 2018

TIME ON MARKET TIME VACANT


Date On Market: Sep 2017 Date Occupied: May 2018
Date Off Market: Mar 2018
Months on Market: 6 Months

PROPERTY
Property Type: Industrial Rentable Area: 19,237 SF
Status: Built Jan 1987 Stories: 1
Tenancy: Single Floor Size: 19,237 SF
Class: B Ceiling Height: 18'
MARKET AT LEASE
Construction: Masonry Vacancy at Lease: 0.0%
Parking: 32 free Surface Spa… Land Acres: 1.08
Vacancy Rates 2018 Q1 YOY
Current Building 0.0% 0.0%
Submarket 1-3 Star 4.3% 0.4%
Market Overall 6.1% 0.2%

Same Store Asking Rent/SF 2018 Q1 YOY


Current Building $6.95 -
Submarket 1-3 Star $7.69 3.3%
Market Overall $6.77 3.2%

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
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Page 44
Lease Comps Details
Lease Comps Report

30 1900-1960 E Devon Ave - Devon-O'Hare Center


Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 12,000 SF Asking Rent: $7.75/MG
Sign Date: Mar 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.79/SF (2013)
Floor: 1st Floor Operating Exp.: $0.66/SF (2013)
Suite: 1910 Total Exp.: $2.45/SF (2013)

LEASE TERM
Start Date: Apr 2018

TIME ON MARKET TIME VACANT


Date On Market: Oct 2017 Date Vacated: Oct 2017
Date Off Market: Apr 2018 Date Occupied: Apr 2018
Months on Market: 5 Months Months Vacant: 6 Months

PROPERTY
Property Type: Industrial Rentable Area: 98,445 SF
Status: Built 1976 Stories: 1
Tenancy: Multi Floor Size: 98,445 SF
MARKET AT LEASE
Class: C Ceiling Height: 18'
Construction: Masonry Vacancy at Lease: 28.3%
Vacancy Rates 2018 Q1 YOY
Parking: 110 free Surface Sp… Land Acres: 5.68
Current Building 28.3% 16.2%
Submarket 2-4 Star 4.3% 0.5%
Market Overall 6.1% 0.2%

Same Store Asking Rent/SF 2018 Q1 YOY


Current Building $7.75 2.2%
Submarket 2-4 Star $7.66 3.2%
Market Overall $6.77 3.2%

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
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Page 45
Lease Comps Details
Lease Comps Report

35 50-60 Rawls Rd
Des Plaines, IL 60018 - O'Hare Ind Submarket

TENANT
Tenant Name: Global Logistical Connections
Industry: Transportation
NAICS: Freight Transportation Arrangement - 488510

LEASE PROPERTY EXPENSES


SF Leased: 16,144 SF Taxes: $2.77/SF (2017)
Sign Date: Mar 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 60

LEASE TERM
Start Date: Mar 2018
Expiration Date: Mar 2021
Lease Term: 3 Years

TIME ON MARKET TIME VACANT


Date On Market: May 2014 Date Vacated: May 2014
MARKET AT LEASE Date Off Market: Feb 2015 Date Occupied: Mar 2015
Months on Market: 46 Months Months Vacant: 10 Months
Vacancy Rates 2018 Q1 YOY
Current Building 0.0% 0.0%
Submarket 2-4 Star 4.3% 0.5% PROPERTY
Market Overall 6.1% 0.2% Property Type: Industrial Rentable Area: 38,144 SF
Status: Built 1968 Stories: 1
Same Store Asking Rent/SF 2018 Q1 YOY
Tenancy: Multi Floor Size: 38,144 SF
Current Building - -
Class: C Ceiling Height: 16'-18'
Submarket 2-4 Star $7.66 3.2%
Construction: Masonry Vacancy at Lease: 0.0%
Market Overall $6.77 3.2%
Parking: 55 free Surface Spa… Land Acres: 1.82

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
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Page 46
Lease Comps Details
Lease Comps Report

36 135-145 Bond St
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

LEASE RENTS
SF Leased: 12,000 SF Asking Rent: $8.00/MG
Sign Date: Jan 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $2.64/SF (2017)
Floor: 1st Floor

LEASE TERM
Start Date: Jan 2018
Lease Term: 1 Year

TIME ON MARKET TIME VACANT


Date On Market: May 2017 Date Vacated: May 2017
Date Off Market: Jan 2018 Date Occupied: Jan 2018
Months on Market: 9 Months Months Vacant: 8 Months

PROPERTY
Property Type: Industrial Rentable Area: 12,000 SF
Status: Built 1968 Stories: 1
Tenancy: Multi Floor Size: 12,000 SF
MARKET AT LEASE
Class: B Ceiling Height: 12'
Construction: Masonry Vacancy at Lease: 0.0%
Vacancy Rates 2018 Q1 YOY
Parking: 20 Surface Spaces a… Land Acres: 0.48
Current Building 0.0% 0.0%
Submarket 1-3 Star 4.3% 0.4%
Market Overall 6.1% 0.2%

Same Store Asking Rent/SF 2018 Q1 YOY


Current Building $8.00 -
Submarket 1-3 Star $7.69 3.3%
Market Overall $6.77 3.2%

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
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Page 47
Lease Comps Details
Lease Comps Report

9 835-865 Bonnie Ln
Elk Grove Village, IL 60007 - O'Hare Ind Submarket

TENANT
Tenant Name: Rentacrate
Industry: Retailers/Wholesalers
NAICS: Industrial Machinery and Equipment Merchant Wholesalers - 423830

LEASE RENTS
SF Leased: 13,200 SF Asking Rent: $5.25/NNN
Sign Date: Jan 2018
Space Use: Industrial
PROPERTY EXPENSES
Lease Type: Direct Taxes: $1.91/SF (2018)
Floor: 1st Floor Operating Exp.: $0.82/SF (2018)
Suite: 845 Total Exp.: $2.73/SF (2018)

LEASE TERM
Start Date: Mar 2018

TIME ON MARKET TIME VACANT


Date On Market: May 2017 Date Vacated: Jan 2018
Date Off Market: Feb 2018 Date Occupied: Mar 2018
Months on Market: 9 Months Months Vacant: 2 Months
MARKET AT LEASE

Vacancy Rates 2018 Q1 YOY PROPERTY


Current Building 20.3% 20.3% Property Type: Industrial Rentable Area: 65,140 SF
Submarket 2-4 Star 4.3% 0.5% Status: Built 1983 Stories: 1
Market Overall 6.1% 0.2% Tenancy: Multi Floor Size: 65,140 SF
Class: B Ceiling Height: 16'
Same Store Asking Rent/SF 2018 Q1 YOY
Construction: Masonry Vacancy at Lease: 20.3%
Current Building $5.25 -
Parking: 40 free Surface Spa… Land Acres: 2.38
Submarket 2-4 Star $7.66 3.2%
Market Overall $6.77 3.2%

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

Page 48
Lease Comps Details
Lease Comps Report

16 1361-1401 N Wood Dale Rd - Mark Street #5


Wood Dale, IL 60191 - O'Hare Ind Submarket

TENANT
Tenant Name: Mnalan Trucking Corp
Industry: Business Services
NAICS: Specialized Freight (except Used Goods) Trucking, Long-D - 484230

LEASE PROPERTY EXPENSES


SF Leased: 15,409 SF Taxes: $1.64/SF (2017)
Sign Date: Jan 2018
Space Use: Industrial
Lease Type: Direct
Floor: 1st Floor
Suite: 1401

LEASE TERM
Start Date: May 2018
Expiration Date: Apr 2021
Lease Term: 3 Years

TIME ON MARKET TIME VACANT


Date On Market: Oct 2017 Date Occupied: May 2018
MARKET AT LEASE Date Off Market: Mar 2018
Months on Market: 4 Months
Vacancy Rates 2018 Q1 YOY
Current Building 0.0% 0.0%
Submarket 2-4 Star 4.3% 0.5% PROPERTY
Market Overall 6.1% 0.2% Property Type: Industrial Rentable Area: 93,693 SF
Status: Built 1989 Stories: 1
Same Store Asking Rent/SF 2018 Q1 YOY
Tenancy: Multi Floor Size: 93,693 SF
Current Building - -
Class: C Ceiling Height: 18'
Submarket 2-4 Star $7.66 3.2%
Construction: Masonry Vacancy at Lease: 0.0%
Market Overall $6.77 3.2%
Parking: 78 free Surface Spa… Land Acres: 6.30

Submarket Leasing Activity 2018 Q1 YOY

12 Mo. Leased SF 5,632,664 13.4%


Months On Market 5.9 3.1

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.

Page 49
Rents
Lease Comps Report

Asking Rent Per SF Starting Rent Per SF Effective Rent Per SF Avg. Months Free Rent

$6.92 $7.67 $7.13 -


DEALS BY ASKING, STARTING AND EFFECTIVE RENT

DEALS BY ASKING RENT DISCOUNT DEALS BY MONTHS FREE RENT

5/21/2019
Copyrighted report licensed to JBS Commercial Real Estate - 413143.
Page 50

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