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Transactions - JULY 22, 2022

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Ferrero chooses Chicago’s historic Marshall Field Building for new innovation center with strategic R&D lab

by Released

Ferrero North America, part of the global confectionery company Ferrero Group, has plans to open an Innovation Center in Chicago's Marshall Field and Company Building.

The new 45,000-square-foot facility will bring together Ferrero's R&D teams throughout the United States and house employees from Ferrero's Old Post Office location representing Fannie May, Nutella Café, Keebler, Famous Amos, Mother's, and other distinctive cookie brands in the Ferrero portfolio.

The new innovation center, R&D lab and offices, located on the eighth and ninth floors at 24 East Washington, will bring approximately 170 cross-functional team members to Chicago's Loop neighborhood.

“Chicago is a global destination for innovation, and Ferrero will be well-placed here, benefiting from the city’s connectivity to the world and its strong network of companies driven by tech and innovation,” said Chicago mayor Lori E. Lightfoot.

The final office at the Marshall Field &a

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