News

OfficeMax Chooses New HQ

BY CSA STAFF

Shaker Heights, Ohio, OfficeMax has selected Naperville, Ill., as the site of its new corporate headquarters, thanks to a $20 million incentive by Gov. Rod Blagojevich. OfficeMax will bring 700 jobs to Illinois as a result of the move.

The move from the retail headquarters in Shaker Heights to Naperville will take place late next spring.

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REAL ESTATE

Factory Card Examines HQ Options

BY CSA STAFF

Naperville, Ill., Factory Card & Party Outlet Corp. retained Grubb & Ellis Company, a provider of integrated real estate services, to explore strategic alternatives related to the February 2008 lease expiration at its existing headquarters and distribution center in Naperville. The facility provides 440,000 sq. ft. of total space including 70,000 sq. ft. of attached office space.

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News

London Calling Whole Foods

BY CSA STAFF

New York City, Whole Foods reportedly wants to open as many as five new stores in central London, beginning in early 2007. The food chain also believes it can introduce approximately 15 new stores into the London suburbs, with the hope that the British will be wooed by healthy and organic foods.

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