CORFAC News

CONTACT: 
Matt Paul 
847.444.5748
 
Michael Millar
312.644.7211

Riverwoods, IL (August 20, 2012) — John R. Homsher, CCIM, Principal at Podolsky Northstar CORFAC International, has been awarded the assignment to sell a 37,488 sq ft industrial building located at 800 N. Oakwood Road in Lake Zurich, IL.

The building is designed for research as well as warehouse and distribution use, making it an ideal fit for chemical companies.  It sits on 6.13 acres, which includes parking for 30 cars and fenced outside storage, in addition to extra land for building or parking expansion.

In addition to 7,260 sq ft of office space, the building features approximately 1,500 sq ft of wet lab space; a 6,000 sq ft flammable/hazmat room with a blast wall; and two mezzanine areas not included in the total building square footage.

The building’s 22,728 sq ft warehouse features above standard loading, with seven docks and one drive-in door.  Other amenities include 22’ clear ceilings; T5 lighting; and floor drains.

Homsher emphasized, “This is a great facility with special features not normally found in a building of this size.  The cost to replicate this facility would easily be double the current offering price.”

The property is situated in the Lake Zurich Industrial Park, located approximately 20 minutes from the Tri-State Tollway (I-94) and 40 minutes from O’Hare International Airport.

About Podolsky Northstar CORFAC International (www.podolsky.com):  The firm provides brokerage, tenant representation, acquisition, disposition, sale/leaseback, investment, build-to-suit development, property and facility management, and consulting services for industrial, office and investment properties. Its management portfolio includes more than three million square feet of property, primarily in the Midwest.