Deal of the Week: Towne Investments buys Expedited Freight Systems HQ

Towne Investments, a division of Milwaukee-based Zilber Ltd., recently purchased the corporate headquarters for Expedited Freight Systems Inc. (EFS). The 22,763-square-foot truck terminal and office building is located in the Kenosha Industrial Park.

Towne Investments plans to build a 7,200-square-foot addition onto the building and said it will do other building renovations.

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“The property’s I-94 corridor location, along with EFS’ long-term commitment to the facility made it an ideal addition to Towne Investments’ growing industrial portfolio,” said John Kersey, executive vice president of Zilber Ltd.

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Steve Anderson  and Nicole Hohnstein of NAI MLG Commercial represented the seller in the transaction.

Kenosha-based Riley Construction Company and Kenosha-based Partners in Design Architects will provide construction and design services for the expansion project.

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