CIM Group has announced the acquisition of Block 37, a five-story retail center located in the State Street retail corridor in Chicago’s Central Loop.
The 275,000-square-foot retail center is occupied by retail tenants such as Anthropologie, Sephora, Disney, Eileen Fisher, Zara, Magnolia Bakery and Puma. With the retail center at approximately 30 percent leased, CIM plans to lease the balance of the building to national and local retailers.