Home Page : Archive News : July 2014 News : Motorola sells Libertyville campus; tech park planned

Motorola sells Libertyville campus; tech park planned

July 29, 2014

The former Motorola Mobility campus in Libertyville has been sold for $9.5 million to a commercial real estate firm at a fraction of its market value of $37.1 million. Rockville, Md.-based Beco Management Inc. said Monday it plans to invest another $50 million in renovations to create a multiuse technology park modeled after the firm's similar project in Charlotte, N.C.

Source: http://www.dailyherald.com/article/20140728/business/140728649/
 
Related Updates