Home Industries Real Estate Spec industrial building planned at Pabst Farms in Oconomowoc

Spec industrial building planned at Pabst Farms in Oconomowoc

By
Andrew Weiland
-
Rending of the spec industrial building planned by HSA Commercial Real Estate at Pabst Farms in Oconomowoc.

Chicago-based HSA Commercial Real Estate plans to build a 226,321-square-foot speculative industrial building on a 17.3-acre vacant site at 1000 Blue Ribbon Circle North in the Pabst Farms development in Oconomowoc. HSA purchased the site earlier this year for $3.35 million. It is located within the Pabst Farms Commerce Center, which is southwest of I-94

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Andrew Weiland
Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
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Chicago-based HSA Commercial Real Estate plans to build a 226,321-square-foot speculative industrial building on a 17.3-acre vacant site at 1000 Blue Ribbon Circle North in the Pabst Farms development in Oconomowoc. HSA purchased the site earlier this year for $3.35 million. It is located within the Pabst Farms Commerce Center, which is southwest of I-94 and Highway 67. The site is located just south of Wisconsin Brewing Company Park, the home of the Lake Country DockHounds baseball team, and just north of where a 100,000-square-foot facility for refrigerated transport company Winnesota is under construction. The HSA building could have up to four tenants, according to information submitted to the city. There is a need for more industrial space in Waukesha County, which has an industrial space vacancy rate of only 0.8% and absorbed 227,417 square feet of industrial space during the third quarter, according to the latest market report from the Commercial Association of Realtors Wisconsin (CARW) and Moody’s.

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