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| Bristol Highlands Commerce Center Rendering: Construction is set to begin later in June on the first two buildings of the 68-acre Bristol Highlands Commerce Center near I-94 and the Wisconsin-Illinois border. |
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| Robert E. (Bob) Smietana |
Site work and mass grading for the business park
is already underway, and the development team expects buildings to start going
vertical later in June.
The first two speculative buildings, which are scheduled to
deliver in the fourth quarter, include a rear-load 157,656-square-foot
warehouse building with 31 truck docks and a cross-docked 472,216-square-foot
distribution center with 72 truck docks.
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| Jeff Hoffman |
Jeff Hoffman
and Chad Vande Zande of Cushman & Wakefield | Boerke in Milwaukee,
together with Eric Fischer of Cushman & Wakefield in Chicago, are
marketing the buildings for lease on behalf of ownership.
“While many developers are pushing pause right now as a result of
the COVID-19 pandemic, we believe projects like Bristol Highlands Commerce
Center are more important than ever to meet rising e-commerce demand,” said Robert E. (Bob) Smietana, vice chairman and CEO of HSA Commercial Real Estate.
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| Tim Thompson |
“A growing dependence on e-commerce makes it
critical for warehouse and logistics businesses to expand their capacities and
streamline delivery capabilities – and developing high-clear, last-mile
distribution facilities is essential to that operation.”
“One of the important lessons we’ve learned from the COVID-19
crisis is that responsiveness and speed of delivery is critical during this
time – and beyond – and we’ve adapted the occupancy process at this development
to be more efficient as a result,” said Tim Thompson, HSA Commercial’s
executive vice president and managing director of industrial brokerage.
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| Chad Vande Zande |
“HSA
Commercial partnered with the Village of Bristol to map out an expedited use
and occupancy process that will allow future tenants of Bristol Highlands
Commerce Center to start shipping product from the building within one week of
lease execution.”
In addition to the two-building first phase, a remaining 25-acre
parcel can accommodate up to a 450,000-square-foot warehouse for development on
spec or as a build-to-suit for a total warehouse capacity of over 1 million
square feet throughout the park.
Each of the three buildings at Bristol Highlands
Commerce Center will feature clear heights ranging from 32 feet to 36 feet,
with generous trailer and employee parking.
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| Eric Fischer |
The business park also offers an attractive
campus-like design that features sizable setbacks, enhanced landscaping and
walking paths for workers that connect with the neighboring greenway and
conservancy areas.
Itasca, Ill.-based Premier Design + Build Group is serving as general contractor, while Riverwoods, Ill.-based Partners in Design Architects is responsible for the project design and Brookfield, Wis.-based Pinnacle Engineering is managing civil engineering.
CONTACTS:
Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528
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