Closed Deal Date: May 26, 2021
Transaction Type: Lease
Property Name: Bucyrus Business Center, Panama Building
Property Address: 1100 Milwaukee Ave, South Milwaukee, WI
Building Size: 23,329 SF
Landlord Company: Reich Brothers, LLC
Tenant: Roadrunner Transportation Services Inc.
Cushman & Wakefield | Boerke is proud to announce the first major office tenant in the Bucyrus Business Center in South Milwaukee. Roadrunner Transportation Services has entered into a lease for the second and third floor of the Panama Office building. The national industrial developer, Reich Brothers, LLC, is redeveloping the former Bucyrus Erie property which contains over 750,000 square feet of industrial and office space spread over seven buildings on the 27- acre campus. The office buildings feature in place furniture and open concept layouts making it easy for new tenants to relocate without the cost and time associated with an extensive build out.
Jim Cavanaugh, Andrew Jensen, and Katie Brueske of Cushman & Wakefield | Boerke represented the landlord, Reich Bros., in the transaction.
Since Reich Brothers purchased the campus, they have leased over 300,000 SF of Office and Industrial space and we are continuing to see interest from both local and regional companies.
Roadrunner Transportation Services is leasing 23,000 square feet of existing office component of the Bucyrus Campus.
“We are thrilled to welcome Roadrunner to South Milwaukee. They are another great addition to our downtown business community and the Bucyrus Business Center.” Patrick Breuer, South Milwaukee Economic Development Director.
Terence McMahon, Principal with Cushman & Wakefield | Boerke added, “Having Roadrunner join our Tenant list adds to the momentum of redeveloping the Bucyrus Business Center and will help us attract additional users to tour campus.”