Lerner and David Friedland, partner with Epic Realty Partners/TCN Worldwide, represented Domtar in the lease transaction. Jeff Kapcheck and Brian Kling, both with Colliers Bennett & Kahnweiler, represented building ownership in the transaction.

Domtar will be consolidating five locations, primarily facilities in Canada and Illinois, in addition to a facility elsewhere in the US, Lerner says. "They are consolidating to everything under one roof, for the most part," he says. Domtar chose the Addison facility because of the size of the building and the central location, Lerner says. The building also has rail service, which was a requirement of the paper manufacturer, and is near a facility the company will be consolidating at 300 S. Mitchell in Addison. "Another nice thing of this facility is it was already built," he says. "They did not want to wait for a new facility to be constructed (and) the building is expandable as well." The asking lease rate for the building was $3.95 per sf net, Lerner tells GlobeSt.com. Incentives for the lease included a small tenant improvement allowance and "aggressive" rates.

The building was acquired by American Realty Advisors, based in Glendale, CA, from Atlanta-based IDI in September 2007 as part of a three-building portfolio, according to a press release from American Realty Advisors at the time of the sale. The building had previously been occupied by the Pampered Chef, Lerner says.