CHICAGO-Lenders have put the new Block 37 center on the market for sale. The bank group that currently owns Block 37, a four-level, 280,000-square-foot retail center at Randolph and State streets, is selling the property.
The lender group, headed by Charlotte, North Carolina-based Bank of America Corp., tapped Eastdil Secured LLC, a New York-based brokerage, to market the shopping center. The bank assumed control over the property after bidding for $100 million in a sheriff's foreclosure sale. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
