2014

OfficeMax Selects Naperville for Headquarters Location

    ITASCA, Ill., Sept. 29 /PRNewswire-FirstCall/ -- OfficeMax(R) Incorporated
 (NYSE:   OMX), a leader in office products and services, today announced that it
 will locate its new corporate headquarters at 263 Shuman Boulevard in
 Naperville, Illinois. The company will begin developing build-out designs and
 floor plans to accommodate approximately 1,500 associates and is due to begin
 occupying the building in late Spring 2006.  As previously announced,
 OfficeMax plans to consolidate its headquarters in Illinois to strengthen
 operational efficiencies, enhance collaboration among departments, and reduce
 costs over time.
     "The consolidation of our company's headquarters has been a key milestone
 in our integration plan, with the evaluation of potential headquarters sites
 representing the bulk of the effort in accomplishing that goal," said Sam
 Duncan, chairman and chief executive officer for OfficeMax.  "The conclusion
 of the site evaluation efforts and the selection of our Naperville address
 marks significant progress in our integration efforts."
     The City of Naperville, which has gained national acclaim for its business
 and residential communities, was selected following a review of various
 Midwest locations.  "OfficeMax's decision to relocate to Naperville confirms
 this is a great place to live, work and do business," said Naperville Mayor
 George Pradel.  "We are grateful to the State of Illinois and the Governor's
 Office for partnering with us to keep and attract new jobs in our region."
     "We commend all of the local city representatives who participated in the
 evaluation process for their responsiveness and dedication to providing viable
 options for our review and consideration," said Duncan. "The Illinois
 governor's office was an invaluable resource throughout our entire
 headquarters location review process and their dedicated efforts to ensuring a
 successful outcome for all parties involved were instrumental in concluding
 our evaluation."
     "We have a very simple philosophy here in Illinois to continue growing our
 economy and creating more good jobs," said Illinois Governor Rod Blagojevich.
 "By investing in companies that invest in Illinois, we are creating a business
 environment that is ensuring that companies, such as OfficeMax, have all the
 tools they need to compete and thrive.  Illinois' greatest asset is our
 people, and many successful companies are recognizing that fact by making
 significant private investments across the state.  By forging these public-
 private partnerships, we are providing more and more opportunities for our
 hardworking men and women to get ahead."
     The 361,000-square-foot Naperville building, owned by a joint venture of
 GlenStar Properties LLC and Prudential Real Estate Investors, provides the
 local infrastructure to meet OfficeMax's requirements for a corporate
 headquarters.  Building features include 60,000-square-foot floor plates
 designed for flexible space planning and an atrium extending the building's
 full five stories.  Located in Naperville Office Park on I-88, the property
 has prominent tollway visibility and is convenient to area amenities.  The
 facility, built in 1986, was leased first by AT&T then by Lucent Technologies,
 which was its single occupant until 2003.
     "When we acquired 263 Shuman late last year, we were confident it would
 make an excellent corporate headquarters facility," said GlenStar Principal
 Michael A. Klein.  "OfficeMax is an ideal fit for the property, and the
 company's decision to locate here validates both our vision and the long-term
 strength and appeal of the area."
     The new OfficeMax corporate headquarters will be home to the company's
 retail and contract operations, executive staff and corporate support
 functions.  OfficeMax plans to begin to occupy its new Naperville headquarters
 location starting late Spring 2006 and expects to complete the transition to
 its new headquarters by Fall 2006.
 
     About OfficeMax
     OfficeMax is a leader in both business-to-business and retail office
 products distribution. OfficeMax delivers an unparalleled customer experience
 -- in service, in product, in time savings, and in value -- through a
 relentless focus on its customers. The company provides office supplies and
 paper, print and document services, technology products and solutions, and
 furniture to large, medium and small businesses and consumers. OfficeMax
 customers are served by approximately 40,000 associates through direct sales,
 catalogs, Internet and approximately 950 superstores. OfficeMax trades on the
 New York Stock Exchange under the symbol OMX. More information can be found at
 http://www.officemax.com .
 
      OfficeMax Media Contact           OfficeMax Investor Relations Contact
      Susan Heymann                     John Jennings
      Bader Rutter Public Relations     630 438 8760
      262 938-5443
      for Sept. 29 only: 262 993 9875
 
 

SOURCE OfficeMax
RELATED LINKS
http://www.bcop.com
http://www.officemax.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.