Illinois Science & Tech Campus Commands $77M

Seller Forest City acquired the bioscience, pharmaceutical and nanotechnology park more than a decade ago.

Illinois Science & Technology Park in Skokie, Ill.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…

Illinois Science & Tech Campus Commands $77M

Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.