WESTCHESTER, IL-Chicago-based Prime Group Realty Trust is planning to give back a suburban office building to a lender if it fails to restructure its debt. The firm owns the two-building property measuring 62,540 square feet at 2301-2315 Enterprise Drive situated in west suburban Westchester.
The company is in default on the loan and is expecting to hand the building back to the lender through a deed-in-lieu of foreclosure or any other method. For the full story, go to Crain's Chicago Business .
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