Aquascape Designs, Inc.
Total Square Footage: 207,785
Acquired: April 30, 2021
Tenant Name: Aquascape Designs, Inc.
Royal Oak Realty Trust (“Royal Oak”) is pleased to announce the completion of our latest acquisition.
On April 30, 2021, Royal Oak acquired the headquarters, warehousing and distribution facility for Aquascape Designs, Inc. (“Aquascape”) located in St. Charles, IL. The property is located in the Chicago metropolitan statistical area (“MSA”), which is home to more than 8.1 million people and is the economic hub of the Midwest. The tenant entered into a 15-year absolute net lease effective at closing.
The property was a 207,785 square foot LEED Silver certified built-to-suit for the Tenant delivered in 2006 on approximately 14.63 acres. The building consists of approximately 168,000 square feet of 26-foot clear warehouse space and 39,785 square feet of creative office and amenity space. The roof is one of the largest sloping green roofs in North America, planted with native prairie grass and flowers, and a complete irrigation system. Additionally, there are approximately 150 covered parking spaces and 75 uncovered parking spaces.
Aquascape is a leading manufacturer in the water gardening industry and the inventor of the low- maintenance, naturally balanced ecosystem pond, offering a wide variety of products for the water garden lifestyle. Products are distributed through their vast network of Authorized Aquascape PRO Distributors selling exclusively to landscape contractors and retailers all over North America, the United Kingdom, and Australia.