CHICAGO-Commissioner Christine Raguso of the Department of Community Development of Chicago is pressing for the old Wrigley gum factory to house high-tech jobs. The factory at 3535 S. Ashland was closed in 2006 and has been listed since 2009.

The factory sits on a 30-acre parcel and is being marketed by CB Richard Ellis Group Inc. The entire complex measures 1.3 million square feet and has an asking price of $19 million. For the full story, go to Chicago Sun Times.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.