Friday, October 30, 2020

Sterling Bay Sells McDonald’s HQ In Fulton Market For Record-Shattering $412 Million

By: Jay Koziarz | 10/29/2020 | BlockClubChicago.org

The global pandemic hasn’t prevented prominent Chicago developer Sterling Bay from selling the McDonald’s global headquarters building for $412.5 million, the developer announced Thursday. Sterling Bay and partner J.P. Morgan Asset Management listed the 575,000-square-foot, nine-story office building at 110 N. Carpenter St. in February. At the time, real estate experts estimated the property could fetch as much as $450 million. Read More....
Photo by Sterling Bay

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