Contact:
Lee & Associates
Erik Hamilton, ehamilton@lee-associates.com
Office: 714-564-7112
Cell: 714-915-8321
Lee & Associates Madison is the exclusive representative in the sale and leasing negotiations
SUN PRAIRIE, Wis. — July 15, 2014 — Cabela’s Wholesale Inc., a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise, has broken ground on its new 83,000 square-foot store that will be at the Prairie Lakes Shopping Center in Sun Prairie, Wis.
Cabela’s, which purchased the 10.54 acres of land in June, expects to complete construction by 2015 and will join other retailers in the center including Target, Costco and Marcus Cinemas.
Steve Doran, a principal with Lee & Associates Madison, who is the exclusive broker for Cabela’s in Wisconsin, negotiated the land sale agreement on behalf of the Nebraska-based outdoor company. Terms of the sale are not available.
“This is a very exciting transaction to be involved with. Bringing Cabela’s to Prairie Lakes cements Sun Prairie as a regional retail trade area in the Dane County market,” said Doran.
The Sun Prairie location will give Cabela’s its fourth location in Wisconsin, joining the Prairie du Chien, Richfield and Ashwaubenon locations. The company also operates a distribution center at its Prairie du Chien location.
Currently, Cabela’s operates 58 stores across North America, including five in Canada – Winnipeg; Saskatoon and Regina, Saskatchewan; and two Edmonton locations. The company has announced plans to open an additional 20 stores over the next two years, including locations in Barrie, Ontario, July 10; Nanaimo, British Columbia, this fall; and Moncton, New Brunswick, in 2015.
