Chicago & Midwest + Midwest + Industrial | April 13, 2021

Colliers Chicago Team Arranges Kenosha Sale to Panattoni

Colliers Chicago’s Ned Frank, Fred Regnery, Jeff Devine, Steve Disse and Jack Rosenberg recently represented Kenall Manufacturing in the sale of 13.7 acres at 10200 55th St. in Kenosha, WI, to Panattoni Development Co. Panattoni plans to build a 270,000-square-foot warehouse distribution center on the site.

“Given its central location, affordable economics and access to labor, Kenosha continues to be one of the most in demand markets for industrial development in the country,” said Frank. With only 60 miles to Chicago’s CBD, 45 minutes to O’Hare International Airport and 30 miles to downtown Milwaukee, the developer expects to draw a variety of users who want access to the Midwest’s major population centers.

The Colliers team also represented Panattoni in the acquisition. Frank, Regnery, Rosenberg and Pat Hake have been retained to lease the spec facility.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).