Allstate sells site to cut cost as remote work becomes new normal

30-11-2021

Allstate sells site to cut cost as remote work becomes new normal

shutterstock/Jonathan Weiss

US personal lines insurer Allstate Corporation is selling its Northbrook headquarters for $232 million, in a move to reduce real estate expenses as many of its employees are making a shift to working remotely — a trend that has been accelerated by the COVID-19 pandemic and is likely to persist well into the future.


Allstate Corporation, Dermody Properties, Agreement, COVID-19, Personal Lines, Insurance, Reinsurance, North America

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