Several Updates, 3/14/08
- There is now a For Sale sign in front of the building on Wilson
Dr. Prior to placing the sign, AB Data had, within the past several
weeks, made indications
to Village officials that they intended to keep the Shorewood location
open.
- The Village officials I have spoken with did not know that AB Data was planning to put the building up for sale.
- The real estate
agency is CB Richard Ellis, the same agency that executed the sale of the Riverfront
site to Sunrise Senior Living.
- Back when AB Data first announced that they were purchasing the former Manpower Building, I wrote a post
on the possibility of AB Data leaving Shorewood. After that post, I
heard from several Village officials reassuring me that AB Data was not closing the Shorewood location, and instead would simply relocate certain staff to the new location.
- As of this moment, the Village officials I have spoken with have no
knowledge of specific transactions in the works related to this
property.
- AB Data is located in the Tax Increment District. As such,
transactions involving this property could potentially include
developer incentives, as in the case of the Ravenna, Sunrise, and
Lakewood projects.
3/17/08
I have received new information that AB Data may be leaving Shorewood. Updates to follow.
