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Report: Equity Commonwealth could sell Groupon's Chicago HQ for more than $515M

Equity Commonwealth is in the late stage of talks to sell Groupon Inc.'s headquarters in Chicago to real estate developer Sterling Bay for more than $515 million, The Wall Street Journal reported, citing people privy to the matter.

The roughly 1.6 million-square-foot property at 600 W. Chicago Ave. was put on the block earlier in 2017, with Eastdil Secured hired to market the property, according to the publication.