Moline, Illinois-based agricultural giant John Deere has closed on the $7 million sale of a 234-acre undeveloped parcel in northwest Lowell, Indiana, that will be the future site of a 1.2-million-square-foot warehouse and distribution facility.

Coldwell Banker Commercial Realty announced the sale of the land located at 2105 W. 181st Ave. in Lowell, near the Illinois and Indiana border. The building is expected to be longer than the Sears Tower laying down on its side, and the project will create thousands of jobs in Lake County.

Nancy Frigo and Nicholas Smith represented the seller, Hallmark Construction Company. Venture One, led by principal Mark Goode, will be developing the site for John Deere. “South Lake County is ripe and ready to grow with this type of development and provides easy access to the crossroads of America,” said Frigo.

The 234-acre parcel is positioned strategically at the southwest corner of I-65 South and Rt. 2 and is minutes to major highways, the Illinois border, and the Skyway to Chicago.