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- A Dallas-based firm has paid $194 million for the suburban Chicago headquarters of ever-shrinking retailer Sears, a site with buildings that are expected to be replaced with data centers in one of the biggest examples nationally of outdated corporate campuses giving way to new uses.
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Sep 17, 2023 · The Dallas-based firm bought Sears’ Chicago-area headquarters for $194 million, CoStar reported. The 197-acre property, located at 3333 Beverly Road in Hoffman Estates, Illinois, has long...
- Compass nears deal to buy 274-acre Sears HQ - The Real Deal
The Dallas-based firm, led by CEO Chris Crosby, is under...
- Compass nears deal to buy 274-acre Sears HQ - The Real Deal
Sep 16, 2023 · A Dallas-based firm has paid $194 million for the suburban Chicago headquarters of ever-shrinking retailer Sears, a site with buildings that are expected to be replaced with data centers in one...
- Ryan Ori
Sep 18, 2023 · Compass Datacenters has acquired the former Sears headquarters, spanning 197 acres in the Chicago area, for $194 million. As Sears continues to downsize its operations, Compass plans to replace the existing 2.4 million square-foot campus with data centers, reflecting the growing demand for cloud data storage in the region.
Jul 21, 2023 · The Dallas-based firm, led by CEO Chris Crosby, is under contract to buy the 274-acre Sears headquarters at 3333 Beverly Road in Hoffman Estates, west of Chicago, Crain’s reported.
Jul 20, 2023 · Dallas-based Compass Datacenters has signed a contract to buy the massive property near the Northwest Tollway, the department store chain’s headquarters for more than three decades, according...
Jun 13, 2024 · Dallas-based Compass bought the site in September 2023 for $194 million. At the time, it remained tight-lipped about its use. It’s since announced plans to build five hyperscale data centers ...
Sep 15, 2023 · Compass Datacenters has acquired a former Sears headquarters in Hoffman Estates, Illinois. The site in question covers 197 acres at 3333 Beverly Road, with the purchase closed on September 12. Compass was first revealed to be interested in the purchase in July 2023.
