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March 28, 2018  

High Street Nabs Industrial Portfolio

High Street Real Estate has acquired 11 industrial properties in suburban Chicago from John Hancock Real Estate for $86 million.The 1.2 million-square-foot portfolio is 86% leased. Boston-based John Hancock, which was represented by JLL, touted the potential to fill vacant space and raise below-market rents as leases roll over.High Street, also based in Boston, made the acquisition this month via its High Street Real Estate Fund 5, a core-plus...

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