Sterling Bay grabs up a River North loft-office for $28M.
http://www.chicagobusiness.com/reale...ED03/140929935
Since it's north of Chicago Ave and off a small side street with hardly any street visibility, that building doesn't get lumped in with a lot of the River North loftice (/coined!) talk, but it's so close to the Chicago brown line stop it has huge potential. I think they haven't had any trouble filling it up. It sounds like Sterling wants to upgrade it a bit and charge higher rents.
Nice to see them doing work outside of their West Loop comfort zone.
I think they moved, but local startup I've actively avoided employment at Spartz Media had a pretty cool office there: