Newmark closed the 340,623-square-foot lease of a recently completed industrial property on behalf of Thrive Foods, a manufacturer of freeze-dried products, at 9141 S. 13th St. in Oak Creek, Wisconsin.
Newmark Managing Director Stephen Provancher represented the tenant, Thrive Foods, in its lease of the build-to-suit manufacturing plant.
The new industrial building features LED lighting, 40 loading docks and 50 trailer parking stalls. The property is close to Highway 100 and the I-94 interchange and six miles to Milwaukee International Airport. Once fully operational, the new facility is expected to employ more than 250 people.
Frontline Commercial Real Estate’s John Schlueter represented the landlord.