ROLLING MEADOWS, IL-An affiliate of Weifang, China-based Weichai Power Co. Ltd., has recently purchased a vacant office building in Rolling Meadows for $5.8 million. The 170,000-square-foot property, which was formerly occupied by Unilever PLC, is located at 3100 Golf Road.
The sales price equates to nearly $34 per square foot. Weichai Power Mat Automotive Inc., the Weichai subsidiary, is planning to use the building as research and development facility. The Rolling Meadows building was sold by a Glenview-based investment group. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
