MAJOR FULTON MARKET NEWS: New McDonald's Headquarters Already Up For Sale
Posted by Leo Clark. on
The West Loop has been one of Chicago’s fastest-growing neighborhoods for awhile now, which is why we keep seeing so much movement on both the residential and commercial sides of the market.
The latest big-headline story to come across the news cycle is that Sterling Bay is now looking to unload the fancy new building that McDonald’s calls home, which was only just recently finished.
According to Crain’s, Sterling Bay estimated the development would cost $250 million to complete when the project was first announced back in 2016. But already, some believe the sale could reach close to $450 million, which would be the highest price paid for a downtown office building in over two years.
Nearby, Sterling Bay has already sold its own Futon Market…
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