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Last Updated: December 14, 2012 10:09am ET

Sterling Bay, Heitman to Develop HQ for Sara Lee's Meat Unit

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CHICAGO-Sterling Bay Cos. of Chicago is planning to partner with Heitman LLC of Chicago to redevelop a West Loop office structure into a new headquarters for the meat business of Sara Lee Corp. Heitman will finance the development at 400 S. Jefferson St.

Sara Lee will take almost all of the four-story office building for 15 years. The building will have approximately 230,000 square feet of office space. The development cost will reach more than $30.1 million. For the full story, go to Crain's Chicago Business . News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

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