Allstate has a contract to sell its suburban Chicago headquarters for $232 million to an industrial developer, moving the sprawling property a step closer to a conversion from Fortune 500 corporate offices to a distribution center.
Allstate Outlines $232 Million Deal To Sell Headquarters in Chicago Suburbs
Buyer Dermody Properties Wants To Build More Than 3 Million Square Feet of Distribution Space
By Ryan Ori
CoStar News
November 29, 2021 | 6:09 P.M.
RELATED ARTICLES
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
- Properties
- North Plaza
2775 Sanders Rd, Northbrook, IL
- South Plaza
3075 Sanders Rd, Northbrook, IL
- Companies
- Allstate
Finance and Insurance