ILLUSTRATION.
FIRST, SOME OF TODAY'S TOP
BUSINESS HEADLINES FROM CRAIN'S
HERE IS ANN DWYER.
>> BRANDIS IT SEEMED ONLY A
MATTER OF TIME BEFORE
SKYROCKETING PROPERTY VALUES IN
THE FULTON MARKET DISTRICT WOULD
RESULT IN THE MOST EXPENSIVE
OFFICE BUILDING SALE IN THE
CITY'S HISTORY.
THAT TITLE NOW BELONGS TO A
RELATIVELY NON-DISCRIPT SEVEN
STOREY OFFICE BUILDING ON A SITE
THAT WAS A PARKING LOT TWO YEARS
AGO.
REAL ESTATE DEVELOPER SHAY PACK
PARTNERS ANNOUNCED TODAY IT'S
SOLD THE 70,000 SQUARE-FOOT
SPACE TO A BOSTON BASED INVESTOR
FOR $50.3 MILLION.
THE SALE AT 775 PER SQUARE
RENNABLE FOOT TOPPED THE RECORD
SET EIGHT MONTHS AGO FOR THE RX
BAR HEADQUARTERS AT 412 NORTH
WELLS STREET IN RIVER NORTH.
IT'S THE LATEST ILLUSTRATION OF
THE EYE POPPING SUMS INVESTORS
ARE PAYING FOR FULTON MARKET
REAL ESTATE AS CORRIDOR
CONTINUES TO TRANSFORM ITSELF
INTO AN OFFICE, RESTAURANT AND
RETAILING HUB.
>> MEANWHILE, ILLINOIS
CONGRESSMAN IS MAKING HEADLINES
TODAY PUTTING PRESSURE ON JUUL
LABS TO DISCLOSE DOCUMENTS AS HE
AND HIS COLLEAGUES INVESTIGATE A
STRING OF MYSTERIOUS DEATHS AND
LUNG DISEASE OUTBREAKS
POTENTIALLY LINKED TO VAPING.
IN A LETTER TO JUUL, THE
DEMOCRAT SAID JUUL FAILED TO
TURNOVER REQUESTED DOCUMENTS AND
FURTHER DELAY COULD RESULT IN A
SUBPOENA.
>> AND FINALLY, DRIVE SHACK, A
SPOT WHERE PEOPLE DRINK AND EAT
BETWEEN HITTING GOLF BALLS PLANS
A BIG DRIVING RANGE ALONG THE
CHICAGO RIVER IN BUCKTOWN ON THE
SITE OF THE FORMER VIENNA BEEF
HOT DOG FACTORY.
IT IS A BIG SITE.
9.3 ACRES AND IT'S ONE OF THE
FEW SPOTS IN THE DENSE NORTH
SIDE NEIGHBORHOOD WHERE GOLFERS
CAN CRUSH A BALL WITHOUT
BREAKING SOMETHING.
IF IT GETS APPROVED, DRIVE SHACK
WOULD BUILD THE DRIVING RANGE
NORTHEAST OF THE INTERSECTION OF