The Ford Motor Company is putting a 464,000-square-foot Far West Side building on the market and expects to sell it for more than $230 million.
The automotive giant paid $73 million to buy and renovate the site at 787 11th Avenue, between West 54th and 55th streets, in 1997, Crain’s reported. Ford uses the eight-story building as a service center for its own brand and for Lincoln. Jaguar and Land Rover dealerships occupy the building’s ground floor. Ford sold those brands to Indian conglomerate Tata in 2008.