Ashley Capital Builds Second Industrial Building at Enterprise Business Park in Sturtevant, Wisconsin
01/21/2019
As planned, Enterprise Business Park represents over 1.3 million square feet of Class A space when fully developed. The new building will bring Ashley's industrial property portfolio in Racine County to over 1.5 million square feet. The new building is anticipated to be completed late 2019 and available now for preleasing.
Gary Rosecrans, Vice President of Ashley Capital, said, "Several years ago, we acquired 90 acres of farm land along I-94 between Chicago and Milwaukee. We then entitled and improved it as a master planned business park. The first building we constructed is 376,000 square feet and now leased to four tenants."
“The new 438,000 square foot building is the second of four planned for the park,” Rosecrans explained. "There are two remaining lots in the park that will be used for either speculative or build-to-suit construction."
John Sharpe, Principal of Lee & Associates, one of the marketing agents for the property said; "11201 Enterprise Way is the most versatile speculative distribution building in the submarket. It can accommodate tenants from 42,000 to 438,000 square feet and provide them with 36' clear height, LED lighting, built-to-suit office space, a cross-dock configuration (in the case of larger tenants) and ample loading, trailer parking and car parking."
Terry McMahon, Principal of Cushman & Wakefield | Boerke, emphasized that Enterprise Business Park benefits from an outstanding location; it is situated across from the Foxconn advanced manufacturing and science and technology campus and close to two full interchanges along I-94 and logistically situated between Milwaukee and Chicago.
Cody Ziegler, Real Estate Advisor with Cushman & Wakefield | Boerke added, "Racine County and industrial companies are a perfect match. These types of companies want to be in Racine County as it has all of the resources they need to succeed. Furthermore, the County views manufacturing and distribution as essential to the health of the local economy."
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024