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Logistics development on former Allstate HQ campus near Chicago lands second big tenant

PepsiCo division signs build-to-suit lease with Dermody
The Logistics Campus is under construction on this site in Glenview, Illinois, where Allstate's corporate headquarters previously stood. (CoStar)
The Logistics Campus is under construction on this site in Glenview, Illinois, where Allstate's corporate headquarters previously stood. (CoStar)
CoStar News
August 6, 2025 | 8:34 P.M.

A PepsiCo beverage division has signed a big lease to take over one of 10 warehouses planned on Allstate’s former headquarters campus in the Chicago suburbs, a key step in developer Dermody’s project that will total more than 3.2 million square feet of new logistics space.

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