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The real estate firm Sterling Bay plans to create Prysm Life Sciences, a multitenant medical research facility in Chicago’s Lincoln Park neighborhood with more than 11,000 m2 of lab and office space. “While Chicago already has a great reputation in health care and innovation, there is still a critical shortage of actual lab space here,” Sterling Bay CEO Andrew Gloor says. The firm says renovation of the building, formerly part of Lurie Children’s Hospital, has begun.
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