ZILBER PROPERTY GROUP LEASES 200,000 SF INDUSTRIAL FACILITY IN GERMANTOWN GATEWAY CORPORATE PARK TO SMART WAREHOUSING
MILWAUKEE, WI – Zilber Property GroupSM (“ZPG”) is pleased to announce Smart Warehousing has signed a lease to occupy 200,000 square feet at ZPG’s Germantown Gateway Corporate Park in Germantown, Wisconsin, a northwest suburb of Milwaukee, Wisconsin. Smart Warehousing will occupy the entire building, known as Zilber Industrial 3, which recently broke ground and will be completed in the fall of 2019. Kansas City-based Smart Warehousing is an industry leading warehousing, fulfillment, and logistical solutions company with operations located throughout the country.
“We are happy to welcome Smart Warehousing as the newest tenant of the Germantown Gateway Corporate Park development,” stated John Kersey, Executive Vice President, Zilber, Ltd. “We are confident that the strategic location of this park will continue to attract exceptional industrial users to this northwest corridor market.”
“The Village of Germantown is pleased to have Smart Warehousing join our community. We believe they are a great fit in Germantown Gateway Corporate Park and a real asset to our growing economy,” added Village President, Dean Wolter.
“As demand for our warehousing and distribution solutions continue to grow across the country for all service channels, including e-commerce, retail compliance, fulfillment, and near-plant warehousing, we felt it was the right time to expand our footprint in Milwaukee as one of our fastest growing strategic markets. Our customers require right-sized, but scalable, logistics solutions in order to flex with their customer demands both by volume and geography. That is what we will continue to offer by expanding our service network to meet customer and market needs in this ever-changing logistics environment,” stated Ed Lee, Chief Operations Officer, Smart Warehousing. “Our new Germantown location, we believe, fits right into this strategic plan and we look forward to growing our presence in this market.”
John Sharpe, Principal at Lee & Associates of Illinois, represented Smart Warehousing and Michael Kleber, Director of Industrial Leasing at Zilber Property Group, represented ZPG in the transaction.
The 140-acre Germantown Gateway Corporate Park is located at the intersection of Holy Hill Road and Gateway Crossing, less than one mile east of the I-41 and Holy Hill Road interchange in Germantown, Wisconsin. Smart Warehousing is the second tenant to locate operations in the park; ZPG recently completed a 706,000 square foot build-to-suit for Briggs & Stratton Corporation for its global distribution operations.
Additionally, ZPG is speculatively developing another 200,000 square foot industrial facility, known as Zilber Industrial 2 at Germantown Gateway Corporate Park. Zilber Industrial 2 will be available this fall and features: 30’ clear heights, high bay LED warehouse lighting, ESFR sprinkler systems and is designed to accommodate industrial manufacturing and distribution users from 50,000 square feet up to 200,000 square feet. Remaining land sites available for development at Germantown Gateway Corporate Park can accommodate industrial manufacturing and distribution users from 25,000 square feet to 800,000 square feet.