Login

Historic Chicago retail-to-office conversion hits market

BGRE seeks buyer after investing more than $265 million in redevelopment of Marshall Field building
The office portion of the Marshall Field and Co. Building in Chicago is for sale. (Robert Gigliotti/CoStar)
The office portion of the Marshall Field and Co. Building in Chicago is for sale. (Robert Gigliotti/CoStar)
CoStar News
September 24, 2026 | 7:51 P.M.

A real estate giant that completed the conversion of former department store floors of a Chicago landmark into offices early in the COVID-19 pandemic is ready to sell in what is expected to be the latest example of big price resets in the city and nationally.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE