Although financial details were not disclosed, Grubb & Ellis' most recent market report pegs asking net lease rates in the I-55 Corridor at an average of $4.48 per sf, which would make the value of the deal $3.25 million.
"C.H. Robinson is a perfect fit for the space and their credit enhances the value of the asset," according to Trammell Crow Co. VP Jason West, who represented Sun Life along with fellow VP Thomas G. Barbera.
Dina Boscardin of Mohr Partners represented C.H. Robinson Worldwide.
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