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Caterpillar buys downtown Peoria bank building

Fri, 21 Dec 2012 06:42:18 CST
By: Jim Browne

Caterpillar has bought a building in Peoria where it has leased space for years. A spokesman for Cat says the purchase of the Chase Bank building on South-West Adams is unreleated to it's search for a new headquarters. The company says the choice is down to a few options, including renovating the current Big Yellow HQ at Hamilton and Washington Streets. That building dates back to 1967. The Chase building is in the middle of the Caterpillar campus in downtown Peoria. Caterpillar paid $1.5 Million for the building.

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