CenterPoint Properties has arranged the sale of 1901 Chicory Road, Racine, Wis., to Wrought Washer Manufacturing Inc.
Roger Siegel of Jones Lang LaSalle represented Wrought Washer, and Patrick Dedering and Jim Babiasz of The Boerke Company represented CenterPoint in the transaction.
Focusing on customer desires and the development of client relationships, CenterPoint was able to accommodate the specialized needs of Wrought Washer Manufacturing, which operated in the 121,600-square-foot warehouse facility since 2004.
“After exploring various options with Wrought in both Racine and Kenosha County, it was clear that the best option for Wrought was the Chicory property,” said Siegel, executive vice president of Jones Lang LaSalle. “As result of Wrought’s positive relationship with CenterPoint it was easy to come together in a collaborative manner to complete the transaction.”
Wrought Washer Manufacturing Inc. will continue operations from the facility, supplying washers for a broad range of markets including automotive, agricultural, electrical, appliance, construction equipment and material handling.
“We are pleased that a long-standing client was able to invest in the property to meet their specific needs,” said Tom Philbin, vice president regional manager of CenterPoint Properties.
