CHICAGO-Jones Lang LaSalle Inc.'s investment arm has paid nearly $61 million for a section of 145 corporate apartments at 505 N. State St. in River North. A fund operated by LaSalle Investment Management has purchased the apartments at the 36-story tower from Chicago-based John Buck Co.
All the apartments, included in the River North deal, are leased to Virginia-based BridgeStreet Worldwide Inc. for 10 years. CB Richard Ellis Inc. handled the sale. For the full story, go to Crain's Chicago Business .
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