Madison - St. Clair Record

Thursday, November 21, 2019

DYKEMA GOSSETT: Dykema Guides McDonald’s in the Sale of its Former Headquarters

By Press release submission | Jun 17, 2019


Dykema issued the following announcement on June 10.

Dykema, a leading national law firm, is proud to announce that it served as legal counsel to McDonald’s in the sale of the company’s former corporate world headquarters, an 80-acre site located in Oak Brook, Ill. The property, which featured a 331,630-square-foot headquarters building, a 130,484-square-foot building (Hamburger University) and a 218-room Hyatt hotel, was sold to John Paul DeJoria, CEO and co-founder of Paul Mitchell hair care products.

The team of Dykema attorneys who worked on the sale was led by Michael Rothstein. McDonald’s chose Dykema to handle the sale of the property after deciding to relocate its headquarters to downtown Chicago after 30 years in Oak Brook. Dykema has a history of representing McDonald’s in a variety of real estate work, including large disposition projects, ground leases, acquisitions and office leasing.

With one of the largest collections of practitioners in the Midwest along with added depth from lawyers in its coast-to-coast network of offices, Dykema’s Real Estate practice regularly garners high rankings from Chambers USA. The firm has vast experience representing owners, lenders, developers, corporate users, tenants, receivers, investors, local government agencies, contractors, architects and property managers—both corporate and private, both large and small. Dykema’s roster of Real Estate attorneys has experience handling all aspects of real estate law, including affordable housing and community development; development; land use and zoning; leasing and property management; finance; tax incentives and economic development; workouts and water rights.

Original source can be found here.

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