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LISLE, ILL. — Navistar, a heavy truck and diesel engine manufacturer, has purchased an 87-acre office/R&D campus in Lisle for use as its new corporate headquarters. The campus is situated at the intersection of Warrenville and Naperville roads in Chicagoland's I-88 Corridor.

The seller in the deal was Alcatel-Lucent, which formerly occupied the 1.2 million-square-foot campus. In creating its new headquarters and R&D facility, Navistar plans to retain or create an estimated 3,100 jobs.

The Chicago and Atlanta offices of UGL Services joined to broker the deal on behalf of Alcatel-Lucent. The brokerage team included Christopher Wood and Art Waldrop, managing directors of the Chicago and Atlanta offices, respectively. Other participating UGL brokers included David Stefanic, Scott Goldman, William Tom and Rick Nash.

“UGL Services is very pleased to have been in a position to partner with Alcatel-Lucent in this significant facility disposition effort,” said Wood in a statement. “The successful close of this transaction is a very positive event for Alcatel-Lucent, Navistar, the Chicago region and the State of Illinois.”

John Musgierd of Jones Lang LaSalle's Chicago office represented Navistar in the deal. The acquisition price was not disclosed.

— Coleman Wood

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