Tuesday, March 21, 2017

Sterling Bay on Fulton Market: 'It's time to monetize'

Photo by CBRE
By: Alby Gallun | March 21, 2017 | Crain's Chicago Business

After making multiple big bets on the Fulton Market neighborhood, Sterling Bay is taking some of its money off the table. The Chicago developer has hired the Chicago office of CBRE to sell three loft office buildings at the northwest corner of Fulton Market and Elizabeth Street, confirmed Sterling Bay Principal John Gavin. The developer and partner J.P. Morgan Asset Management are seeking $40 million to $45 million for the buildings at 300, 316 and 320 N. Elizabeth, he said. Read More....

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