State-of-the-art industrial park to bring additional industry and new jobs
CHICAGO, January 23, 2019 – Cushman & Wakefield is representing the new Kenosha Commerce Center (“KCC”), to be located on the former site of the Dairyland Greyhound Dog Track at 5522 104th Avenue, Kenosha, WI, 53144. The site, an industrial business park, will deliver in early 2020 and can accommodate industrial buildings comprising up to 1.8 million square feet (SF).
The amenities-rich site, which totals 214 acres, will become Kenosha’s newest industrial business park and will be available for development and construction of build-to-suit leases and purchases in early 2020. KCC is located just north of the Wisconsin – Illinois border off the four-way interchange of I-94 and State Highway 158 and in convenient proximity to three airports – Kenosha Regional Airport is just across the street from the site, General Mitchell International Airport is a 30-minute commute and O’Hare International Airport is a 45-minute commute. The site will be a further boon to the southeastern Wisconsin economy, which recently landed Foxconn’s new North American manufacturing campus along with other global corporate neighbors such as Amazon and SC Johnson.
Brett Kroner, Keith Puritz and Eric Fischer of Cushman & Wakefield are representing the owner of KCC in lease and sale negotiations.
Brett Kroner, Cushman & Wakefield: “The location of KCC is absolutely unparalleled. Future occupants will have access to more than 150 intermodal facilities in the surrounding area and will also be within easy reach of 50% of the U.S. population within a day’s truck delivery and 75% of the populace within a two day’s truck delivery. Equally, there is abundant skilled labor and a diverse business population within a 20-mile radius making the site an ideal location for distribution, manufacturing, pharmaceutical and life sciences companies.
The new park will be important and critical to southeastern Wisconsin because it will undoubtedly attract new industries which in turn brings thousands of new jobs to this corner of the state.”
Dakota Intertek Corp. is the demolition subcontractor for the kennel and grandstand areas of the former greyhound racing park, which has been vacant since 2009. Demolition work will begin this month, January 2019, and is expected to complete in April 2019.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.