Home Industries Real Estate Krones leases 240,000-square-foot facility in Franklin for new logistics center

Krones leases 240,000-square-foot facility in Franklin for new logistics center

3617 W. Oakwood Road. Image from Wangard Partners
3617 W. Oakwood Road. Image from Wangard Partners

Krones Inc., a packaging and bottling systems manufacturer based in Franklin, has leased a 240,000-square-foot space at 3617 W. Oakwood Road, about two miles from its North American headquarters. The new facility will serve as Krones’ North American logistics center, consolidating and further automating the company’s shipping and warehousing operations, according to a company spokesperson.

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A 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.

Krones Inc., a packaging and bottling systems manufacturer based in Franklin, has leased a 240,000-square-foot space at 3617 W. Oakwood Road, about two miles from its North American headquarters.

The new facility will serve as Krones’ North American logistics center, consolidating and further automating the company’s shipping and warehousing operations, according to a company spokesperson. The center is expected to open in the fall or winter.

"We had rented space in several smaller warehousing facilities across the U.S. to handle the overflow from our production location at our North American headquarters," the spokesperson said. "This new building will consolidate those into one, centralized, automated warehouse location to serve our customers' needs more efficiently and effectively. This move will also provide the opportunity for increased manufacturing space at the main campus as we continue to grow."

The leased building was developed in 2022 by Wauwatosa-based Wangard Partners as part of the Franklin Corporate Park. A second, 300,000-square-foot building is planned for the site but has not yet begun construction.

Krones is the U.S. arm of Germany-based Krones AG.

Earlier this year, Krones also purchased two other buildings near its headquarters. In March, the company bought a property at 9740 S. 58th St. for $1.25 million, and another industrial building at 9710 S. 58th St. measuring 18,320 square feet. Krones has not disclosed its plans for those properties.

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