Menomonee Falls-based Kohl’s Corp. recently paid $15.2 million for the 300,000-square-foot former InnoWare Paper Company building at W165 N5830 Ridgewood Dr. in Menomonee Falls, according to state records. The building sits on a 25-acre site and was sold by Chicago-based CJF1 LLC.
Kohl’s announced in November that it has dropped its plans to build a new 900,000-square-foot corporate headquarters campus in the Woodland Prime Office Park in Menomonee Falls and instead planned to expand by purchasing the former InnoWare building, located in the Silver Spring Corporate Park and directly across the street from Kohl’s current headquarters at N56 W17000 Ridgewood Dr., Menomonee Falls.
The InnoWare facility was shut down earlier this year. Hoffmaster Group Inc. acquired InnoWare in 2011 and added the business to its Clintonville-based Creative Converting Consumer Division. InnoWare’s operations were moved to Clintonville.
The former InnoWare building will be converted into a corporate facility for Kohl’s IT workers.
When it announced that it was dropping its plans to build a second corporate campus and planned to purchase the former InnoWare building, Kohl’s also said that it planned to purchase the 28,000-square-foot former ProHealth Care medical building at W165 N5595 Creekwood Crossing, located across Silver Spring Drive from Silver Spring Corporate Park. Earlier this month Kohl’s completed that deal, buying the building for $2.5 million. The ProHealth Care building will house an employee wellness center and fitness facility. The company will use its current wellness center, a 24,000-square-foot facility located at W165 N5800 Ridgewood Dr., as a childcare center.