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2/22/2018

Sterling Bay wraps up $510 million deal for Groupon HQ

Sterling Bay on Wednesday finalized its $510 million purchase of Groupon’s headquarters along the Chicago River, the largest deal ever for the 31-year-old firm.

That distinction will be short-lived, however, as the Chicago developer is expected to soon complete its acquisition of the two-tower Prudential Plaza office complex for about $680 million.

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