A high-net-worth family office based in Pittsburgh has plans to buy the McDonald’s headquarters building in Chicago for $430 million, the biggest downtown office sale in more than two years, reported Crain’s Chicago Business.
The seller is Sterling Bay, which developed the property, completed in 2018, and its partner JPMorgan.
The asset is located at 110 N. Carpenter, featuring open floor plans, floor-to-ceiling window lines, a 700-person conference center, a collaboration space with stadium seating, several outdoor terrace spaces, and a fitness center. In addition, there is onsite parking with a bike storage room.
McDonald’s Corp. occupies 490,000 square feet of the building through 2033. Other tenants include Walgreens, FedEx and Politan Row.
