Owners: Merchandise Mart not for sale

September 8, 2010 3:44:33 PM PDT
The owners of the Merchandise Mart say the building is not for sale, despite reports over the weekend that they were looking for a buyer.Crain's Chicago Business had reported that Vornado Realty Trust wanted to sell the two-block, 25-story building.

Vornado bought the Mart from the Kennedy family in 1998 for $630 million.

Joseph Kennedy, the father of president John F. Kennedy, bought it in 1945.

The Mart was the world's largest building before the Pentagon was completed.


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