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CHICAGO-Bankers Life and Casualty Co. is the largest tenant at 600 W. Chicago, which was acquired earlier this year by a group of New York City investors for $300 million.
WOODRIDGE, IL-The insurance company leases the entire 97,000-sf office building at 9022 Heritage Pkwy., developed by Schaumburg-based REM Builders as a build-to-suit. It was put on the market at $17.1 million.
CHICAGO-The gum company needed a little more space, which was not available at its namesake Wrigley Building at 401 N. Michigan Ave. It found 22,540 sf at 455 Cityfront Plaza.
BEDFORD PARK, IL-The building located on 8.2 acres at 5001 W. 66th St. will be redeveloped for use by multiple tenants after being sold by the London-based food packager for $2.35 million.
CHICAGO-In a half-dozen leases executed at the same time, an HVAC supplier represented by Cushman & Wakefield has undertaken a complex reorganization of its local distribution operations.
CHICAGO-Three buildings under construction or in the early planning stages have significant pre-leasing and anchor tenants, but it comes at the expense of older properties in a Downtown market that has suffered from job losses, professionals at RealShare Chicago noted.
WHEELING-A 43,160-sf building at 1400 S. Wolf Rd. in Corporate Square Business Park, currently tenantless, has been acquired by a new owner for $2.4 million from Podco 1660 Wolf Associates.
CHICAGO-Trizec Properties Inc. president and CEO Timothy H. Callahan says the company is not ready to put the 110-story building on the market after it assumes ownership this quarter. "That doesn't mean we won't do so at some point in time," he adds.