Services
Net Lease DispositionsAcquisitions & 1031 ExchangesLease RestructuringDiscount & Auto RetailShopping CentersQSR & Drive-ThruSale-LeasebacksBusiness Sales
Active ListingsTrack RecordTenant InsightsInsights
Net Lease News
AboutContactRequest a Valuation
Home Improvement & Specialty Retail

Office Depot

Parent: The ODP Corporation (Atlas Holdings) · PE-owned since December 2025

Credit ratingNot rated
AAAAAABBBBBBCCCD

No verified agency rating.

Status. Taken private by Atlas Holdings Dec. 10, 2025.

Founded1986Source: Wikidata
EmployeesNot verifiedNo verified source
Locations869Dec. 28, 2024; source: The ODP Corporation Form 10-K for 2024
HeadquartersBoca Raton, FloridaHome Improvement & Specialty Retail

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • Atlas Holdings completed its roughly $1 billion acquisition of The ODP Corporation at $28 per share.

    Source: Atlas Holdings

Office Depot and OfficeMax stores are operated by The ODP Corporation, which Atlas Holdings took private in December 2025. The company no longer files public reports.

Store count

869 as of Dec. 28, 2024
  1. 1,3612018
  2. 1,3072019
  3. 1,1542020
  4. 1,0382021
  5. 8692024

Retail stores (ODP parent-wide). Counts as reported at each period end. Sources: ODP Form 10-K, fiscal year ended 2019-12-28; ODP Form 10-K, fiscal year ended 2020-12-26; ODP Form 10-K, fiscal year ended 2021-12-25; The ODP Corporation Form 10-K for 2024 (Office Depot and OfficeMax retail stores) and 1 earlier sources.

What’s changing

  1. M&A

    Atlas Holdings completed its roughly $1 billion acquisition of The ODP Corporation at $28 per share. Source: Atlas Holdings

Ownership history

  1. 2025

    The ODP Corporation acquired by Atlas Holdings Source: Wikipedia: Office Depot

SEC Filings

Filings from when The ODP Corporation was public. Ownership now: PE-owned since December 2025. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended Dec. 28, 202410-KFeb. 26, 2025View on sec.gov
Fiscal year ended Dec. 30, 202310-KFeb. 28, 2024View on sec.gov
Fiscal year ended Dec. 31, 202210-KMar. 1, 2023View on sec.gov
Fiscal year ended Dec. 25, 202110-KFeb. 23, 2022View on sec.gov
Latest quarter, period ended Sept. 27, 202510-QNov. 5, 2025View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
S&P GlobalUnavailableNot verifiedNot verified
Moody’sUnavailableNot verifiedNot verified

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

Home Improvement & Specialty Retail

Related tenants.

All tenant profiles · Store Count Tracker · Net Lease News

At Home

Home Improvement & Specialty Retail
Filed Chapter 11 June 2025; emerged Oct
Not rated
229 locations · Founded 1979

Guitar Center

Home Improvement & Specialty Retail
Not rated
300 locations · Founded 1959

Hobby Lobby

Home Improvement & Specialty Retail
Not rated
1,035 locations · Founded 1972