Home Industries Real Estate Food can manufacturer purchases Oconomowoc facility

Food can manufacturer purchases Oconomowoc facility

By
Hunter Turpin
-
Image from LoopNet

Los Angeles-based food packaging manufacturer Silgan Containers has purchased an Oconomowoc industrial building that it occupies for $7 million. The property, located at 1190 Corporate Center Drive, was previously owned by an affiliate of New York City-based W.P. Carey, an international investor of real estate. Silgan Containers has been the building’s sole tenant, according to

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Hunter Turpin
http://www.biztimes.com
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A recent graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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Los Angeles-based food packaging manufacturer Silgan Containers has purchased an Oconomowoc industrial building that it occupies for $7 million. The property, located at 1190 Corporate Center Drive, was previously owned by an affiliate of New York City-based W.P. Carey, an international investor of real estate. Silgan Containers has been the building's sole tenant, according to documents from the Oconomowoc Area Chamber of Commerce. The facility is known as the Silgan Technology Center. Silgan Containers is a subsidiary of Connecticut-based Silgan Holdings Inc. and is a global supplier of metal food packaging such as cans and cups. The company has three other facilities in Oconomowoc, one of which is owned by Silgan, as well as a facility in Menomonee Falls that the company owns and one in Mequon that's leased. Silgan also leases 525,000 square feet of space in Kenosha. Silgan did not respond to a request for comment.

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