Jan
31
Illinois Science & Tech Campus Commands $77M
BySeller Forest City acquired the bioscience, pharmaceutical and nanotechnology park more than a decade ago.
Illinois Science & Technology Park in Skokie, Ill.
Chicago—An affiliate of American Landmark Properties has acquired the Illinois Science & Technology Park, a bioscience, pharmaceutical and nanotechnology office campus in Skokie, Ill., from Forest City Realty Trust Inc., for $77 million.
“We’re pleased to complete this sale, which continues the execution of our strategy to focus our portfolio on our major core markets,” David LaRue, Forest City’s president & CEO, said in a prepared release.
Located at 4901 Searle Parkway, the Illinois Science & Technology Park is a multi-building, life-science campus with approximately 533,000 square feet of existing office/lab space…
