CHICAGO-Lenders have put the new Block 37 center on the market for sale. The bank group that currently owns Block 37, a four-level, 280,000-square-foot retail center at Randolph and State streets, is selling the property.
The lender group, headed by Charlotte, North Carolina-based Bank of America Corp., tapped Eastdil Secured LLC, a New York-based brokerage, to market the shopping center. The bank assumed control over the property after bidding for $100 million in a sheriff's foreclosure sale. For the full story, go to Crain's Chicago Business .
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