An affiliate of Northbrook, Illinois-based commercial real estate company Harbor Bay Venturesrecently sold the Roundy's Supermarkets distribution center and warehouse in Oconomowoc to an affiliate of Coral Gables, Florida-based cold storage real estate company Scout Cold Logistics for $120 million, according to state records. The 1.1 million-square-foot structure was built in 2005 and sits on a 101.7-site at 1111 Delafield St. in the Pabst Farms development. The property has an assessed value of about $58 million, according to Waukesha County records. Approximately 800 employees work at the Roundy’s facility in Oconomowoc, according to company spokesman James Hyland. He declined to comment on lease terms for the facility. No changes to the operations are planned, he said. Milwaukee-based Roundy's Supermarkets is owned by Cincinnati-based The Kroger Co. Roundy's operates more than 150 grocery stores under the Pick 'n Save, Copps, Metro Market and Mariano's brands in Wisconsin and Illinois.
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