Marcus & Millichap Real Estate Investment Services recently represented the buyer of 350 Rohlwing Road, a 453,361-square-foot industrial building in Addison, Ill., fully leased to Domtar Corp.
A multi-national paper producer, Domtar Corp. will use this building as its Chicago metropolitan area distribution center. The sales price of $20.5 million equates to $45 a square foot.
Marty Cohan, a vice president of investments in Marcus & Millichap’s West Los Angeles office, represented the buyer, 350 WPI Rohlwing LLC. John Przybyla, first vice president of the firm’s Chicago downtown office and Marcus & Millichap’s broker of record for the state of Illinois, also provided representation.
