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111 N. Canal Street

Sterling Bay selling West Loop building for $305 million

Chicago developer Sterling Bay is selling a 102-year-old West Loop office building for more than triple what it paid for it a little over two years ago.

J.P. Morgan Asset Management is paying Sterling Bay more than $305 million for the 840,000-square-foot building at 111 N. Canal St., according to people familiar with the deal.


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