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Chicago & Midwest  + South Side  + Office  |  December 14, 2020
Paul Bubny
By: Paul Bubny

Discover in Talks for Call Center Lease at Former Target

Discover Financial Services is in advanced talks to turn a vacant former Target store in the Chatham neighborhood into a call center that could bring as many as 1,000 jobs to the city’s South Side, Crain’s Chicago Business reported.

The Riverwoods, IL-based credit card giant is eyeing a lease for the 127,000-square-foot property at 8560 S. Cottage Grove Ave., sources said. The store is one of two South Side locations Target announced it would close in 2018.

If the deal goes through, it would represent a victory for Mayor Lori Lightfoot’s initiative to channel more corporate investment and jobs into the city’s underinvested South and West Side neighborhoods, Crain’s reported.

The call center lease would also be a win for Chicago-based developer DL3 Realty, which last year bought the former Target store in Chatham and another vacant one in Morgan Park, according to Crain’s.

Photo courtesy of CBRE.

For comments, questions or concerns, please contact Paul Bubny

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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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