DarwinPW Realty negotiates new lease for modular home manufacturer in Waukegan – REJournals

2022-07-30 01:09:09 By : Ms. shirely Wang

DarwinPW Realty Broker Dan Prendergast represented both the building owner, Brennan Investments, and the tenant, PrefabPads LLC, in the lease of 28,800 square feet of warehouse space at 3805 Hawthorne Court in Waukegan. The tenant is a manufacturer of modern prefabricated homes opening its first location in North America.

PrefabPads LLC produces high-end modular homes (or ADUs “accessory dwelling units”) known as MyCabins. They are completely built and finished within the factory before being placed on trucks for delivery across North America. The cabins have a Scandinavian design aesthetic and come in three different models that can be used individually as a small home, an office space, and a sauna unit. All three also work cohesively together as a matching set for one property or can be installed individually. The My Milla home includes a kitchen, bathroom and living space and starts at $81,000. The My Kalmus is meant to be used as an office or additional living space for $46,000, and the My Galia sauna provides solitude and relaxation plus a storage space for around $37,500.

The tenant selected the building because of its 24-foot clear height ceilings and oversized drive-in doors, both of which were essential for the larger products PrefabPads is creating. Prendergrast was also able to find a location within the tenants desired northern suburbs and to negotiate a price that would work for the new business. PrefabPads took occupancy of the space in June and is already producing homes from the facility.

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