655,690,705 & 525 3rd St, Beloit, WI 53511 For Lease

From industrial powerhouse to innovative business center, this property embodies the spirit of reinvention. For nearly 150 years, it was the beating heart of the Beloit Corporation, a global leader in paper-making machinery. When economic shifts forced the company’s closure in 1999, the site stood poised for a new chapter. Enter Ken and Diane Hendricks, who acquired the property in 2001 with a bold vision. Honoring its legacy, they christened it “Ironworks” and set about transforming the vast 750,000+ square foot complex. Since 2002, the property has undergone a remarkable metamorphosis. Former industrial spaces—from offices and storage areas to the foundry and manufacturing bays—have been artfully converted into cutting-edge loft-style offices and creative hubs. The renovation masterfully preserves the site’s industrial DNA. Exposed brick walls and open truss ceilings serve as reminders of its storied past, while providing a unique backdrop for modern business. Today, Ironworks thrives as a diverse business ecosystem, housing everything from engineering firms and golf simulation centers to software developers and e-commerce enterprises. It stands as a living testament to the power of vision, offering a distinctive blend of historical character and contemporary functionality for forward-thinking companies.