Nov. 30, 2021—Allstate has reached an agreement to sell property making up the majority of its campus in Northbrook, Illi, the Chicago Daily Herald reported.
The sale is worth approximately $232 million and is expected to close in 2022.
The sale will reduce real estate expenses and further advance Allstate's multi year initiative to increase personal property-liability market share by building a low-cost insurer with broad distribution, the company said.
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