Anixter Center Looking To Sell In Clybourn Corridor

Anixter Center, 2001 North Clybourn Avenue, Chicago
CoStar

If Sterling Bay's flurry of activity near the A. Finkl & Sons site wasn't proof enough that the Clybourn Corridor is a seller's market, here's more. A local nonprofit retained JLL to court buyers for its offices in the corridor.

The Anixter Center is looking to offload its 27k SF offices at 2001 North Clybourn (pictured). JLL is also counseling the nonprofit on its options for a larger building across the street at 2032 North Clybourn, according to Crain's. With the City looking to jump-start redevelopment in the North Branch Industrial Corridor, properties like Anixter's could sell for near their asking prices, as investors are attracted to the area as a future office submarket, thanks to its proximity and easy access to downtown.

Clybourn is already on the radar of Sterling Bay and Shapack Partners, the two firms that made Fulton Market one of the hippest areas in Chicago. Another firm, Structured Development, had a deal in place to buy the 2032 North Clybourn property, but Anixter allowed the agreement to expire. [Crain's]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach Orbit

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

Hines And Rialto Close Office Credit Fund At $1.1B

How Crystal Lake 'Connects The Dots' To Building Complete Community

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet