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MidwestIndustrial

Former Motorola HQ to be auctioned off next month

Stephanie Aguilar April 2, 2017
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Originally built in 1997 for Motorola‘s headquarters and distribution campus, the now vacant 1.5- million-square-foot Midwest Corporate Campus in Harvard, Illinois, will soon be up for auction on the Ten-X Commercial platform, formally Auction.com, with bids starting at $2.7 million.

The 325-acre property, located roughly two hours from Chicago and Milwaukee at2001 N. Division St., is comprised of four buildings: a 619,590-square-foot, two-story manufacturing building (formerly used for meticulous cellular phone assembly); a 355,315-square-foot distribution building; a 407,347-square-foot, five-story Class A office building; and a 165,605-square-foot, two-story central services building.

Another 63,000 square feet of high-base warehouse space with a 15,140-pallet storage capacity is also included, as well as an integrated tote/carton conveyor system connecting the manufacturing and distribution buildings.

Amenities include two on-site daycare facilities, a 1,100-capacity cafeteria, rooftop and ground-level heliports, fitness center with dance room, and a 500-person auditorium. Onsite finishes include ponds and trails for running and biking. A portion of the asset’s acreage also is open to additional development opportunities. Parking includes 7,000 surface spaces and 28 underground executive spaces.

Optima Ventures, LLC is the seller. Mark Kolar of Jones Lang LaSalle is teaming with Mark Carbone and Terry Rochford of Ten-X to bring the asset to sale.

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