Sears finalized the sale of its 197-acre Chicago-area headquarters for $194M to Compass Datacenters as the onetime retail industry titan continues to shrink its already-small footprint. 
The developer is expected to demolish the 2.4M SF existing campus of interconnected buildings at 3333 Beverly Road in Hoffman Estates and replace it with data centers to store cloud data, CoStar reports. Data center growth has accelerated rapidly in the Chicago area, with the main issue for projects being a lack of available land.