| The Merchandise Mart |
ViewsFrom RrulesThe Merchandise Mart is the world’s largest commercial building, largest wholesale design center and one of Chicago’s premier international business locations. Encompassing 4.2 million sq. ft., The Mart spans two entire city blocks and rises 25 stories. Opened on May 5, 1930 by Marshall Field & Company, The Merchandise Mart realized Marshall Field’s dream of a single wholesale center for the entire nation. When Joseph P. Kennedy returned to the United States from his position as Ambassador to Great Britain, he saw something in what Field was trying to accomplish and he purchased The Mart in 1945. The Merchandise Mart was owned and managed by the Kennedy family interests for more than 50 years. In 1998, MMPI and the buildings it manages was acquired by Vornado Realty Trust, a leading real estate investment trust (REIT). The Mart’s tradition of commitment to supporting the wholesale industries continues under the management of Merchandise Mart Properties, Inc. (MMPI).
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