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HR company eyes move to Zurich's Schaumburg HQ: ADP is nearing a deal to sublease about 150,000 square feet from the insurance giant in the northwest suburb.

Authors :
Ecker, Danny
Source :
Crain's Chicago Business; 8/26/2024, Vol. 47 Issue 33, p20-20, 1p
Publication Year :
2024

Abstract

ADP, a human resources services provider, is in advanced discussions to sublease around 150,000 square feet of office space from Zurich North America in Schaumburg, Illinois. If the deal is completed, ADP will relocate its suburban Chicago workforce to the property. This move comes as companies seek new and updated office spaces to encourage in-person collaboration among employees in the wake of the COVID-19 pandemic. The move would also benefit the village of Schaumburg, which has been in a legal battle with Zurich over property tax reimbursements. [Extracted from the article]

Details

Language :
English
ISSN :
01496956
Volume :
47
Issue :
33
Database :
Supplemental Index
Journal :
Crain's Chicago Business
Publication Type :
Periodical
Accession number :
179321332