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Owner of Chicago’s Old Post Office Likely To Wait on Attempt at Record Office Sale

Debt on Sprawling Riverfront Structure Offered to Investors After Nearly $1.3 Billion Redevelopment
Chicago’s Old Post Office was recently financed with an $830 million loan. (Justin Schmidt/CoStar)
Chicago’s Old Post Office was recently financed with an $830 million loan. (Justin Schmidt/CoStar)
CoStar News
January 18, 2022 | 10:25 P.M.

After spending almost $1.3 billion to redevelop Chicago’s Old Post Office into the world’s widest urban office property, it could be at least a few years before the owner takes aim at another feat: achieving the highest sale price for a U.S. building outside New York.

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