Boerke: Phase 2 of Kenosha Industrial Park brought to market

Media Contact

Katie Jovanovic

Director of Marketing

414.203.3040

[email protected]

Cushman & Wakefield | Boerke has been hired as the exclusive marketing agents for approximately 85 acres of land that is master planned to be Phase 2 of the Kenosha Industrial Park. Located at State Highway 158 and 68th Avenue in the City of Kenosha, the original park was developed in 1974 and currently has no vacant land actively being marketed for sale. The 85 acres is currently part of the Town of Somers, however the land was included in the 2016 border agreement between Kenosha and Somers, which established a guaranteed path for annexation of
the parcels.

The incorporation of the contiguous expansion land into the existing industrial park presents a unique opportunity within one of the fastest growing counties in Wisconsin to efficiently deliver a previously undeveloped tract of industrial land. Utility service, which includes Kenosha sewer and water, is already extended to the southern
property boundary of the expansion land. The immediate proximity to utility service presents a tremendous financial benefit to potential developers. While there are large tracts of land available within Kenosha County, the lack of available utility service has been a frequent impediment to new development.

Kenosha County is experiencing a surge in development activity and industrial growth. The Kenosha Area Business Alliance (KABA) reports that within the last four years alone there has been nearly $1 billion in capital investment and approximately 9.5 million square feet of industrial projects announced. This surge of investment has translated into nearly 8,000 new jobs within the County.

A significant amount of the 9.5 million square feet of announced projects has been concentrated in a handful of large distribution and fulfillment centers. The Second Phase of the Kenosha Industrial Park will be targeted to address a noticeable gap within the corridor with the ability to deliver sites in the two (2) to fifteen (15) acre range, ideal for growing manufacturing and service based companies that are looking to expand.

“The large block
distribution marketplace has many opportunities available within the corridor and we believe this will continue to be a very strong distribution market” stated Jeff Hoffman of Cushman & Wakefield | Boerke. “Our team is very excited about the opportunity to deliver the next phase of industrial development in Kenosha, focused more on supporting the growth of industrial users that need a smaller footprint and more zoning flexibility that the Kenosha Industrial Park offers.”