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The Private Bank Building is a Class A Office Building
located in Geneva, Illinois, 40 miles outside of Chicago
and is 100% leased. The Private Bank occupies approximately
65% of this 14,375 square foot building. The balance of
this office space is occupied by Era Consulting, Alderman
Vicki Grunett, Prana Yoga, and American Investment Exchange.
The initial lease terms for The Private Bank and Prana
Yoga which together occupy approximately 75% of the building's
leasable area are for 10 years. The balance of the tenants
pay pro-rata for all property taxes, common area maintenance
and repairs and insurance. All leases have annual fixed
increases of between 2.50% and 3.00%.
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