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Real Estate Rumor Mill: Sterling, Alibaba & Bank of China

By Natalie Rodriguez (April 1, 2015, 1:23 PM EDT) -- Developer Sterling Bay Cos. is said to be selling an 840,000-square-foot office complex in Chicago's West Loop area to J.P. Morgan Asset Management  for more than $305 million — or more than triple the $100 million it purchased the building for in 2012, according to a Crain's report. Sterling has renovated the 16-story tower and brought in a number of tech-oriented tenants, including Twitter, Uber Technologies Inc. and in-flight wireless provider Gogo Inc., the report noted....

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