Racine County is located in the fast-growing industrial corridor between Milwaukee and Chicago along Interstate 94. Racine County celebrates its manufacturing heritage, rich farmland, beautiful beaches, and distinctive architecture. Abundant business development opportunities are available across the community in downtown and business parks, including over 1,000 acres of development-ready land.
Take a look at some of this month’s featured properties listed below. If you are looking for more building development opportunities, please take a look at our free site selection tool.
Park 94: Where Chicago and Milwaukee Meet
Mount Pleasant, WI
Park 94 – Building 3 is a recently completed speculative industrial building for lease, developed by HSA Commercial. The state-of-the-art building features a total of 116,600 SF (divisible to 20,000 SF) on 6.89 acres with office space to suit, 76 car parking, 12 trailer parking positions, 18 exterior docks (expandable), 2 drive-in doors, and 30’ clear height. The building is strategically located minutes east of I-94 and just south of Hwy 20 on International Drive, which was recently expanded to the south to create access to I-94 via Hwy 11.
The facility is also minutes north of the Foxconn campus, connected by International Drive, and only a few miles from major Amazon distribution centers to the north and the south. The building can accommodate single tenant companies or divide down to multiple users. Park 94 – Building 3 is being marketed for lease in tandem by Colliers International’s Milwaukee, WI office and Chicago, IL office.
HSA Commercial was one of the first Chicago-based developers to begin working over the Stateline in Wisconsin and has completed many similar projects across the state and specifically, in Racine County. With over 50 years of experience, HSA’s principals have been involved in developments and acquisitions in excess of 100 million SF and $6 billion dollars of value with a current owned portfolio valued in excess of $2.5 billion. HSA has deep and current experience in all aspects of build-to-suits for major corporations as well as a long track record of quality construction, management, and ownership of commercial real estate assets.
- Building Size: 116,600 SF (Divisible to 20,000 SF)
- Site Area: 6.89 Acres
- Office: To Suit
- Exterior Docks: 18 Docks (Expandable)
- Drive-In-Doors: 2 Doors
- Ceiling Height: 30’
- Trailer Positions: 12 Trailers
- Car Parking: 76 Cars
- Floor: 7” Unreinforced Concrete
- Sprinkler: ESFR
- Electrical Service: 1200 Amp 277/480v
- Warehouse Lighting: LED w/motion sensors
- Column Spacing: 50’ x 55’
- Lease Rate: STO
Ashley Capital: Enterprise Business Park
Enterprise Business Park is located in Racine County, Wisconsin, in the fast-growing industrial corridor between Milwaukee and Chicago. It is along Interstate 94, two miles east of the full interchange with four lane State Highway 11, and contiguous to a Canadian Pacific Rail line that connects to the north-south main line between Chicago and Milwaukee. Enterprise Business Park is also three miles from the full interchange of I-94 and four lane State Highway 20.
The project is a multi-year phased development represented by four state-of-the-art, high cube industrial buildings totaling approximately 1,331,000 square feet. The project began with mass grading in the spring of 2015 and completion of a 376,000 square foot Class A industrial building (Building II) in December 2015.
In the spring of 2019 Ashley will commence construction of a new 438,000 square foot speculative industrial building at 11201 Enterprise Way in Enterprise Business Park. The project is anticipated to be completed in the late fall of 2019 and is now available for pre-leasing. The property can accommodate tenants from 42,000 to 438,309 square feet.
Enterprise Business Park is an attractive industrial park for tenants looking for space in the Chicago-Milwaukee Region, given (a) access to I-94, Milwaukee, Chicago and beyond, (b) lower real estate occupancy costs, (c) local work force availability and productivity, (d) a pro-business local environment, (e) incentives at the local and state level, (f) proximity to institutions of higher learning including community and technical colleges, (g) the local emphasis on manufacturing and transportation, (h) a stable business and personal income tax environment and (i) immediate proximity to the Foxconn Advanced Manufacturing and Science and Technology Campus.
10601 Enterprise Way
Number of Buildings
1 completed; 1 under construction; 2 proposed
The Boerke Company and John Sharpe, Lee & Associates
Phone: The Boerke Company: 414-203-3047
Lee & Associates: 773-355-3030
Hillwood: Grandview Business Park
Grandview Business Park is an established and thriving industrial development sitting on 180 acres in Yorkville, WI. Well located with excellent access to and from Interstate 94, two 194,147 square foot warehouse/distribution centers are available for lease with completion anticipated in May 2020. Another proposed 450,000 square foot build-to-suit facility is planned in Phase III. Additionally, two plots of land are available for sale, one totaling 3.32 acres and the other 8.12 acres.
- Excellent access to and from Interstate 94
- Established and thriving business park
- Ideal for distribution, assembly and light manufacturing
- Within 60 minutes of Chicago O’Hare International Airport and 20 minutes to Milwaukee Mitchell International Airport
- Southeast Wisconsin provides access to a large, highly skilled work force and diverse customer base
- Significant corporate neighbor, Foxconn Campus in Mt. Pleasant, WI
- 184,688 SF total
- Clear height 32′ beyond speedbay
- ESFR fire protection system
- T5 lighting
- 161 – auto parking spaces
- 3 – 12′ x 14′ drive-in doors
- 24 – truck docks
- 20 – trailer stalls
- Precast concrete panels
- EPDM roof under warranty
- 45′ wide x 51′ deep column spacing
- Power 1600 amps
St. John Properties: Mount Pleasant Commerce Center
Mount Pleasant, WI
Upon completion Mt. Pleasant Commerce Center will consist of two single-story office buildings and three flex/R&D buildings totaling more than 203,000 sq. ft., located 15 minutes west of Racine, WI, the business center is just east of I-94 off Highway 20. The masonry building design and landscaping project a high-end image while offering clients affordable and flexible floor plans to meet their office, warehouse, R&D, light manufacturing, or showroom requirements.
- Construction: Masonry
- Ceiling Height: 16 ft. clear minimum
- Roof: EPDM Rubber
- Parking: 2.3/4.5 per 1,000
- HVAC: Natural gas
- Loading: Dock or drive-in
- Zoning: B-1
Redevelopment Opportunity: 1215 State St.
Property is located within an Opportunity Zone. This is a redevelopment opportunity with possible municipal participation. The City of Racine is looking at this site as market rate Multi-family usage as the highest and best use. The City has indicated a willingness to rezone to allow R-6 zoning giving up to 240-260 unit density on site. The main building may be eligible for historic tax credits. Included on the property are two climate controlled warehouses. This property is adjacent to a transit center for easy transportation methods and a large elementary school. Within blocks of the riverfront and Lake Michigan. Call Jay or Dawn today for more information or to schedule a tour.
- The original Merchants Moving Office Building has potential to be classified as a Historical Building as identified by State of WI
- There is an additional parcel just west of site that can be acquired if used as a Transit Oriented Property
- Warehouses are climate controlled and docks in 2 buildings are adjustable to freight or household goods
- Located on the corner of a busy intersection
- Gated property
- One building allows for tractor trailer drive through
- Fully sprinklered
- Floors 3 & 4 have the potential of becoming loft penthouses with views of Lake Michigan
- The city of Racine is planning to develop the nearby river front to include walking and bike paths
1 Runzheimer Parkway
Transwestern, on behalf of owner, is offering for sale a 100% fee simple interest in the Runzheimer International Ltd office headquarters building located at 1 Runzheimer Parkway, in the Village of Waterford, Wisconsin. Built in 2001, this high-quality office property offers outstanding visibility at the northeast corner of major transportation arterials State Hwys 36 & 164 in the Westerra Business Campus. The neighboring communities of Milwaukee, Waukesha, Racine/Kenosha, and northern Illinois, are within an easy-to-reach 30 minute radius of the Property.