Sterling Bay is looking to sell the Fulton Market office building it calls home.
The developer behind the planned Lincoln Yards megaproject could reap up to $200 million for its “Fulton West” headquarters at 1330 West Fulton Street, according to Crain’s..
Sterling Bay built the 290,000-square-foot complex itself after buying the block-sized property in 2014 for $22 million. Other tenants include Dyson, Glassdoor, Climate Corp. and Skender Construction
The firm was credited with helping kick off the Fulton Market office construction frenzy with its 2012 transformation of a former cold storage facility into Google’s 1K Fulton headquarters. It recently completed a 200,000-square-foot office building at 210 North Carpenter Street, and it’s underway on construction of a 19-story office complex at 333 North Green Street.
Earlier this year, Sterling Bay put its 159-key Ace Hotel on the market with a $100 million asking price. Last year, it sold the site of another planned Fulton Market office project 113 North May Street.
Eastdil Secured is marketing the property for Sterling Bay. [Crain’s] — Alex Nitkin