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Ten-X Hosting Sale of 1.5 Million S.F. Office Campus Outside Chicago
Ten-X is teaming with Jones Lang LaSalle to sell the high-end Midwest Corporate Campus in Harvard, Illinois
IRVINE AND SILICON VALLEY, Calif. – March 28, 2016 – Ten-X (formerly Auction.com), the nation’s leading online real estate marketplace, will offer Midwest Corporate Campus for sale on its new Ten-X Commercial platform April 18-20. The 1,527,857-square-foot property is in Harvard, Illinois, about 2 hours from Chicago and Milwaukee. 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.

The 325-acre Midwest Corporate Campus is located at 2001 North Division St. (Route 14). It was built in 1997 as a regional headquarters, manufacturing, assembly and distribution campus for Motorola and is currently vacant. The property comprises 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 also is included, as well as an integrated tote/carton conveyor system connecting the manufacturing and distribution buildings.

“Midwest Corporate Campus is a state-of-the-art corporate office and logistics campus perfectly suited for the kinds of buyers who use the Ten-X Commercial platform,” said Ten-X Commercial Real Estate Division General Manager Gordon Smith. “Our commercial real estate platform provides greater reach, giving investors easy access to these types of high-end assets. This property could potentially bring hundreds of jobs to this area, servicing employees from Central Midwest cities such as Chicago, Milwaukee, Madison and St. Louis. There are very few limitations with an asset of this type and quality.”

The property’s 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.

For more information, please click here or call 844-694-4976.

 

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About Ten-X
Ten-X (formerly Auction.com) is the nation’s leading online real estate marketplace, having sold 200,000+ residential and commercial properties totaling more than $37 billion since 2007. Leveraging desktop and mobile technology, Ten-X allows people to safely and easily complete real estate transactions entirely online. The company brings a breadth of quality assets to the market, attracting prospective buyers through world-class marketing and leveraging a scalable technology platform to conduct transactions in a transparent, efficient manner. 

Ten-X empowers consumers, investors and real estate brokers around the world with unprecedented levels of flexibility, control and simplicity – and the convenience of transacting properties whenever and from wherever they are. As real estate continues to move online, Ten-X is uniquely positioned to be at the forefront of this dramatic behavioral shift.

Ten-X is headquartered in Irvine and Silicon Valley, Calif., and has offices in key markets nationwide. Investors in the company include Google Capital and Stone Point Capital. For more information, visit Ten-X.com.
 

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