CHICAGO—UrbanStreet Group and Trilogy Investments closed on the purchase of the former Motorola Solutions campus in northwest suburban Schaumburg in July 2016, and have just taken the next step in its transformation. The joint venture has retained a team led by David R. Kahnweiler, chairman and chief executive officer of Colliers International | Chicago, to market the 225-acre site for sale.

Motorola Solutions' recent move into the CBD was part of a larger corporate migration into the urban core, but Kahnweiler tells GlobeSt.com that Schaumburg remains extremely attractive to many high-end corporate users, and those that express interest in this campus will have a unique opportunity.

“Usually when you begin marketing a site like this, it has a plan that has been pre-approved by a municipality,” he says. But here, town officials have been working with the developers for only 90 days or so, making the plans very much up in the air. And any potential user that gets involved now “may have an influence on the direction of the entire development.” He expects a more detailed master plan to emerge from this process in about four months.