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Chicago & Midwest  + Greater Chicagoland  + Office  |  March 21, 2018
Paul Bubny
By: Paul Bubny

Pharma Firm Relocates from Bay Area to Chicago Suburbs

Pharmaceutical manufacturer Depomed is relocating from the Bay Area to the suburbs of Chicago. The company will establish its corporate headquarters at the Landmark Conway Farms complex in Lake Forest, IL. Lease terms were not disclosed.

Depomed CEO Arthur Higgins said the relocation was “consistent with our overall business strategy to transform Depomed into a leaner, more entrepreneurial and faster moving company.” He added that the new space would be “in close proximity to a growing number of specialty pharmaceutical companies.”

CBRE’s Kyle Kamin, Dan Lyne and James Otto represented Depomed. Move-in at the new HQ is expected in the third quarter. While it’s under construction, the tenant will operate out of temporary space in the same building.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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