LONG GROVE, IL-ACCO Brands Corp., which is engaged in an $860 million takeover of MeadWestvaco Corp.’s Consumer & Office Products business, has announced it has signed a lease to move to a three-story office building here as its new headquarters. The company is expanding by taking the entire 189,092-square-foot Four Corporate Drive building at Kemper Lakes Business Center.

The firm was in 400 Tower Pkwy. in Lincolnshire, IL, and is expanding by 20,000-square-feet in this new lease. An ACCO spokesman tells GlobeSt.com that the merger with MeadWestvaco is fueling the move. “We’ve done well despite the recession,” he says. “With the acquisition, we’re going to be a much larger company. Our lease was up in 2013, and this new headquarters property is convenient for our employee base, and has enough raw space to configure to our current needs, as well as a significant package of amenities not offered at our current location.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.