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Committee backs Cook County Class 6B request to allow NSK to reoccupy 2600 Forbes Ave
Summary
A Hoffman Estates committee supported a Cook County Class 6B property tax classification for 2600 Forbes Avenue to enable NSK America Corporation to reoccupy a roughly 96,000 sq ft industrial building; NSK's representatives said the move would consolidate employees and the 6B would be a 12-year Cook County incentive.
A Hoffman Estates committee moved and passed a motion on June 8 supporting a Cook County Class 6B property tax classification application for 2600 Forbes Avenue that petitioners say will allow NSK America Corporation to reoccupy an approximately 96,000-square-foot industrial building in Prairie Stone.
A committee member described the site as the former Serta building (referred to in packet materials) and said the structure is roughly 96,000 square feet, split about 75,000 square feet of office space and about 21,000 square feet of warehouse. The official explained that a Class 6B designation is a 12-year Cook County property tax incentive intended to normalize industrial property taxes within the Prairie Stone area. A similar 6B was approved in 2021 for a site adjacent to Panasonic, the speaker said.
Tim Hammermith, counsel for NSK, introduced himself and said he represents the company; Colin Rogers, identified as NSK's president and CEO, said the company has a purchase-and-sale agreement for the Prairie Stone property and plans to move employees there and hire additional staff. Rogers said the company's plan is to sell its existing facility at 1800 Global Parkway once the new property closes. In response to a question about whether the purchase is closed, Rogers said, "Not yet." Hammermith and Rogers answered follow-up questions about timeline and re-occupancy.
Why it matters: A Class 6B tax classification reduces near-term property tax obligations for specified industrial reoccupancy and is commonly used to encourage redevelopment of vacant industrial buildings. Committee documents show the property has been vacant for several years and petitioners said the incentive would support business growth and job consolidation in Hoffman Estates.
Vote and procedure: The committee approved the motion by voice vote; members in the room signaled support and no formal roll-call tally of yes/no votes was recorded in the transcript of the committee session.
Next steps: Supporting the Class 6B application is an administrative step for county tax classification. County review and final action by Cook County will determine whether the incentive is granted.
