Illinois Science + Technology Blog

May 2018
 American Landmark Properties has completed the lease-up of its Illinois Science + Technology Park (ISTP). Vetter Pharma International USA and Charles River Laboratories International recently signed lease expansions.   American Landmark acquired the 24-acre research, lab and office campus one year ago when it was 86 percent leased. 
 
"We are pleased with our phase one leasing progress involving three existing buildings and are now focused on phase two development opportunities," said John Roeser, American Landmark Properties executive vice president.  Phase two includes 8030 Lamon and five additional sites that provide 1.3 million square feet of potential build-to-suit development. Scott Brandwein and David Saad of CBRE are the leasing agents for the ISTP property.   For more information, click here.

 

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March 2018
The Hyde Park Angels team conducted a deep dive analysis into the Midwest Venture Capital ecosystem.  Access the entire report, click here. 
  • The Midwest Is the Biggest Venture Capital Presence Outside of California. Chicago leads the nation with the largest number of exits that produced returns over 10x.
  • Illinois Leads the Midwest Venture Capital Ecosystem. At $1.94B in dollars invested across 227 deals in 2017, Illinois startups received more investment than all other Midwest states combined.
  • Illinois Sees Greater Investor Returns and Lower Company Operating Costs Than Rest of Nation. This trend has been going on since 2014 and represents a flight to quality.

 

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