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Stellantis wants to sell its Auburn Hills HQ and lease space in it

Stellantis wants to sell its Auburn Hills HQ and lease space in it



Ford Motor Company's global headquarters is the Henry Ford II World Center — or Ford World Headquarters, or Glass House — located in Dearborn, Michigan and completed in 1956. GM's global headquarters is 12 miles away in Detroit, Michigan, a set of seven connected towers completed between 1977 and 1981 and known as the Renaissance Center, or RenCen. Stellantis' global HQ is in a small town in The Netherlands called Hoofddorp. But home base for its U.S. outpost is about 30 miles north of the RenCen at the Chrysler World Headquarters and Technology Center, or CTC, in Auburn Hills, MI. The Detroit News reports that Stellantis might use the CTC like a giant Airbnb, selling the building and leasing back only the space it needs.

This isn't a new consideration, Stellantis has been looking at options for the 500-acre campus and 15-story, 5.4-million-square-foot main building since at least early 2022, when the Detroit Free Press wrote about it. At that time, one of Covid's effects was to deepen the discussion about remote work as companies pushed to reopen offices and a fair number of employees made it clear they didn't want to resume their commutes. A company spokesperson told Freep, "As part of our company’s evolution to a more flexible work environment, called the New Era of Agility, we are currently evaluating how we work to enable our teams to be their most innovative, creative and efficient. That analysis includes potential adjustments to our real estate portfolio." As characterized by Freep based on information from an anonymous source, "The company is considering what the right 'footprint' will be going forward and whether it needs to maintain so much space."