Acquisition of a value-add laboratory office building and adjacent land parcel in Chicago's Lincoln Park neighborhood. Plans include redevelopment of the offices when the current tenant's lease expires.
PROJECT TYPE: Industrial Laboratory Office Redevelopment
LOCATION: Chicago, IL
PROJECT SIZE: 5-Story Building / 119,415 SF plus 20,000 SF Land Parcel
STATUS: Sold in October 2020
DEVELOPMENT PARTNER: Sterling Bay