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 before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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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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