ConAgra Confirms Merchandise Mart Move

ConAgra Foods confirmed yesterday it's relocating its HQ from Omaha, NE, to Chicago, with 700 employees moving into the Merchandise Mart next year. CEO Sean Connolly says the move will put ConAgra in a position to attract and retain top talent, while focusing on building its brand and innovation.

Omaha Mayor Jean Stothert met with Connolly yesterday in an attempt to change his mind, but Connolly downplayed the economic fallout the move would have on the town. Illinois Gov. Bruce Rauner approved tax incentives to sweeten the move.

ConAgra becomes the latest major company to call Chicago home. The company will lease 200k SF at Merchandise Mart. A smaller number of employees work in Downers Grove. [OST]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Interest Rate Hike Douses Outlook For Atlanta Developers

Chicago Office Deals Feature More Scrutiny, Added Tenant Protections

Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation

Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago

Activist Investor Buys Stake In Empire State Building Owner

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

Major Movie Studio Campus Breaks Ground: The Chicago Deal Sheet

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease

Renewals Dominate In Years-Low Office Leasing Quarter

Bears Stadium Saga Shifts Toward Potential Public Ownership Play