Discover Financial Services is nearing a deal to lease 127,000 square feet at a former Target location on the South Side.
The Chicago-based credit card company envisions a call center at 8560 South Cottage Grove Avenue, according to Crain’s. It could bring up to 1,000 jobs to the area, according to the report.
DL3 Realty purchased the property last year, along with another building — about the same size — in Morgan Park. Target also occupied that space. The retailer left both locations in 2018.
Led by Leon Walker, DL3 signed Blue Cross of Illinois to a long-term lease in August at the Morgan Park location.
Walker said he is speaking with commercial tenants in addition to Discover for the Chatham space, Crain’s reported.
[Crain’s] — Orion Jones