Lee & Associates
Erik Hamilton, [email protected]
Lee & Associates Joins The Boerke Co. as Exclusive Leasing Agents for Enterprise Business Park
STURTEVANT, Wis.—April 9, 2015—Lee & Associates Illinois, along with The Boerke Company have been named the exclusive leasing agents for a 376,000-square-foot speculative industrial building in the Enterprise Business Park. The four-building, 86-acre industrial park is located on Highway H, North of Highway 11, and Sturtevant, WI and is being developed by Ashley Capital.
“This first building in the industrial park is being developed for a user looking to lease space anywhere from 40,000 square feet to 376,000 square feet,” said John Sharpe, principal of Lee & Associates Illinois. “The remaining three buildings will be developed either speculatively or as build to suit construction.”
Ashley Capital is one of the largest privately-held real estate investment companies in the United States. Based in New York, the firm has offices in Atlanta, Chicago, Detroit, Grand Rapids and Norfolk, VA. Partners-in- Design Architects is acting as the project architect. The general contractor is Berghammer Construction and Pinnacle Engineering Group is providing civil engineering services.
The state of the art facility, which is financed by Bank of America, is expected to be completed by fourth quarter of 2015, will include 32-foot clear height, seven inch concrete floors, 227 parking spaces, bay size of 52 feet by 50 feet, fluorescent lighting, 60 exterior docks (expandable), eight drive-in-doors, 71 trailer parking spaces and an ESFR sprinkler system.
Said Sharpe: “We are expecting a great deal of interest in this development which is a joint effort of Ashley Capital, the Village of Sturtevant, the Racine County Economic Development Corporation and Racine County.”