Colliers’ Devine and Disse Close Kenosha Sale to Pritzker Realty
Colliers’ Jeff Devine and Steve Disse represented Panattoni Development Company in the sale of 10200 55th St., a 270,290-square-foot distribution facility in Kenosha, WI, to Pritzker Realty Group. Deal terms weren’t disclosed.
Built on spec, the newly constructed building sits on 13.66 acres and features 32’ clear ceiling height, 28 exterior docks, two drive-in doors and parking for 249 cars (expandable). It can accommodate single or multi-tenant users.
10200 55th is just 1.4 miles to a full interchange at I-94, 30 minutes to Milwaukee, 45 minutes to O’Hare International Airport and 60 minutes to Chicago’s CBD. Southeast Wisconsin has long been considered part of the Chicago metro area.
“Kenosha remains a top choice for companies that want access to the area’s robust transportation infrastructure and customer base,” said Devine. “This was a terrific opportunity for an investor to create value immediately upon lease-up in an extremely competitive submarket.”
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).