GE Capital Set to Sell Three Suburban Office Complexes

By GlobeSt News Hub

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DEERFIELD, IL-GE Capital is planning to sell three suburban office buildings totaling approximately 1.2 million square feet. The General Electric Co. unit paid $302 million for the properties in 2007.

GE Capital has employed Chicago-based Jones Lang LaSalle Inc. to find buyers for One Parkway North and Corporate 500 Centre in Deerfield and Pointe O'Hare in Rosemont. The properties are likely to fetch less than $302 million. Jones Lang will start marketing the office complexes in January. For the full story, go to Crain's Chicago Business .

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Categories: Midwest, Sales, Scope, Chicago