Bob’s Discount Furniture Leases 750,000 Square-Foot Facility in Shorewood, Ill., to Support Chicago-Area Expansion

Connecticut-Based Furniture Retailer Prepares for Midwest Opportunities After Growing Rapidly Across the East Coast and Mid-Atlantic Regions

MANCHESTER, Conn.--(BUSINESS WIRE)-- Bob’s Discount Furniture has leased a 751,966 square-foot warehouse and distribution building in Shorewood, Ill., as it prepares to expand its growing retail furniture business into the Chicago area.

The Connecticut-based furniture retailer will take possession in April of the newly constructed state-of-the-art facility at the Heartland Corporate Center, located about 40 miles southwest of Chicago’s central business district, near the intersection of Interstate Highways 80 and 55.

Bob’s, the 14th-largest U.S. furniture chain, has opened nearly a dozen new stores across the East Coast and Mid-Atlantic regions during the past two years. But this new facility marks its first move into the Midwest.

“We’re delighted to secure this much first-class commercial space in such a desirable location,” said Bob Kaufman, Bob’s president emeritus and co-founder. “The facility will support our exciting expansion plans into the greater Chicago market”.

The transaction was brokered by real estate management firm JLL, which provided site selection, tenant representation, and business and economic incentive services.

About Bob’s Discount Furniture
Bob’s Discount Furniture provides a wide variety of quality furnishings – including living room furniture, bedroom furniture, dining room furniture, office furniture and home accents – at everyday low prices. The stores also offer a unique and enjoyable shopping experience featuring cafes in each store with free gourmet coffee, ice cream, cookies and candy. Since 1991, Bob’s has built strong customer loyalty by offering the highest-value home furnishings at the lowest possible prices. With 54 furniture stores located throughout New England, Delaware, Maryland, New Jersey, New York, Pennsylvania and Virginia, the Manchester, Conn.-based company has become the 14th-largest U.S. furniture chain. Bob’s is committed to supporting communities where its stores are located through a variety of charitable giving efforts. Bob’s Discount Furniture Charitable Foundation has anchored the company’s philanthropic work for more than 15 years. In addition, the Bob’s Outreach program was created as a separate entity to help schools and children-related charities. The company donates over $2.0 million to charities through these programs each year. For more information on Bob’s charitable programs, visit http://www.bobscares.org/, and follow us on Twitter @MyBobs and @MyBobs_Charity and on Facebook at www.facebook.com/MyBobs.

Upward Agency
Brandie Young, 510-599-2785
brandie.young@upwardagency.com

Source: Bob’s Discount Furniture

Released January 15, 2015