Developer Sterling Bay has put up for sale the only building it completed at the massive Lincoln Yards site on Chicago’s North Side.
The 285,000-square-foot riverfront tower at 1229 W. Concord Place, meant to be the centerpiece of a vibrant life sciences complex, sits empty on the southern end of the mostly vacant Lincoln Yards. Sterling Bay completed the building two years ago amid high hopes for both Lincoln Yards and the city’s life sciences industry, but failed to attract any tenants.
Commercial real estate firms Savills and Eastdil Secured were brought aboard to market the eight-story property, according to a sales brochure. The brokers tout the building’s Class A life sciences infrastructure, but add it’s also fit for a wide range of tenants, including commercial and medical office

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