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GM to sell former auto plant in Janesville

Posted: 10:50 AM, Feb 02, 2016
Updated: 2016-02-02 16:50:35Z
GM to sell former auto plant in Janesville
JANESVILLE -- General Motors has hired a premier commercial real estate firm to sell its former auto manufacturing plant and 250 acres in Janesville.
 
Representatives from General Motors and Los Angeles-based real estate broker CBRE met with Janesville officials and stakeholders Monday to discuss the sale. City Manager Mark Freitag tells the Janesville Gazette that a global marketing campaign will be launched in the coming weeks.
 
Freitag says General Motors is expected to finish a study of ground contamination in the plant's north side as soon as April. He says the company also plans to finish cleaning up ground pollution along the southern site by June.
 
General Motors and CBRE believe they'll be able to find a buyer within a year.
 
All parties are expected to meet again in March.