Zilber Property Group Acquires Germantown Site for New Business Park
A 706,000 square foot industrial distribution facility for Briggs & Stratton Corporation will be the development’s first building project.
Zilber Property GroupSM (Zilber) is pleased to announce the acquisition of a 145-acre site in Germantown, WI to accommodate the development of Germantown Gateway Corporate Park. A 706,000 square foot industrial distribution facility for Briggs & Stratton Corporation will be the development’s first building project. The Briggs & Stratton facility will accommodate distribution operations for Briggs & Stratton® engines and other products.
Located at US-41 and Highway 167, Germantown Gateway Corporate Park’s remaining land will be available to accommodate an additional 1.5 million square feet of future industrial speculative buildings and build-to-suit projects.
“Zilber Property Group is excited for the opportunity to work with the Briggs & Stratton Corporation team to develop a facility which will improve their global warehouse and distribution efficiencies, as well as the opportunity to invest in the Village of Germantown and the greater Washington County community,” stated John Kersey, Executive Vice President, Zilber, Ltd. “We are impressed by the professionalism of the Germantown governmental team and encouraged by the interest the Germantown Gateway Corporate Park project has received thus far from industrial users in the marketplace seeking out new institutional-quality industrial space.”
William Bonifas, Matthew Cariello and Karl Wiedemann of CBRE represented Briggs & Stratton Corporation and Michael Kleber, Director of Industrial Leasing, represented Zilber Property Group in the transaction. Michael Kleber also represented Zilber Property Group in the acquisition of approximately 145 acres of land for the Germantown Gateway Corporate Park development.
Zilber Property Group would like to acknowledge its project partners, each of which contributed to the successful design and planning of the project, which include but are not limited to: State of Wisconsin department officials, Village of Germantown staff and elected officials, Washington County staff and elected officials, Economic Development Washington County, Riley Construction, Pinnacle Engineering Group, Stephen Perry Smith Architects and CBRE.
About Zilber Property GroupSM
Zilber Property GroupSM (www.zilberpropertygroup.com) is the trade name under which Zilber Ltd. markets its commercial real estate investment activities. Headquartered in Milwaukee, Wisconsin, Zilber is a privately-held diversified real estate company known for its multidisciplinary capabilities – investing, building and managing real estate throughout the continental United States and Hawaiian Islands for over 70 years.
For additional information about available space opportunities in Germantown Gateway Corporate Park, please contact Michael Kleber, Director of Industrial Leasing – Zilber Property Group at (414) 274-2628.