Baxter Spinoff, Vantive, leases bulk of Opal’s Corporate 500 a Chicago-area office campus in Deerfield

  • 5/1/2025

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Vantive, a spinoff of Baxter International that focuses on kidney care, has leased nearly 670,000 square feet of space at the Corporate 500 office campus in Deerfield, Ill., as its new headquarters, The Real Deal reported.

Vantive reportedly plans to plow $23 million into the Class A four-building campus on Lake-Cook Road, according to an announcement last Friday by Illinois Gov. JB Pritzker’s office. A 10-year state income tax credit agreement is contingent on Vantive retaining its current 219 employees and adding 50 more full-time positions at the company’s new HQ.

Opal Holdings
Andrew Siegel | SVP, Acquisitions

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