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HSA Commercial Real Estate announces start of construction of 226,321-square-foot industrial building in Oconomowoc

June 26, 2025
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Rendering courtesy of Cornerstone Architects.

Chicago-based HSA Commercial Real Estate announced the start of construction on a 226,321-square-foot speculative industrial facility at Pabst Farms, the 1,500-acre master-planned community in Oconomowoc, Wisconsin, approximately 35 miles west of Milwaukee.

Strategically located a mile southwest of the Interstate 94 and Highway 67 interchange, the Class A warehouse is slated for delivery in fourth-quarter 2025 and is now available for lease.

Situated on 17.3 acres, the new development will accommodate users seeking as little as 40,800 square feet. Building specifications include 32-foot clear heights, 50-foot-by-50-foot column spacing with a 60-foot speed bay, more than 30 dock doors and four drive-in doors. Additional features include an ESFR sprinkler system, energy-efficient LED lighting, 342 automobile parking spaces and 140 trailer stalls.

According to Cushman & Wakefield | Boerke, which is leasing the property, industrial vacancy in Waukesha County was just 1.1% in the first quarter, making it one of the tightest submarkets in southeast Wisconsin.

Cornerstone Architects, a Nelson company, is the project architect, with Pinnacle Engineering as civil engineer and Riley Construction as general contractor.

Since its inception in 2002, Pabst Farms has evolved into one of Wisconsin’s premier mixed-use communities, with nearly 1,000 acres already developed across the residential, retail, healthcare and education sectors. The remaining 450 acres will be built under an updated 2024 master plan that further integrates commercial, industrial and innovation uses.

Also under construction at Pabst Farms is the Pabst59 development by Wingspan Development Group. The 59-acre project will include a 320,000-square-foot innovation hub across four buildings, 162 apartments in five garden-style buildings, two food halls totaling approximately 32,000 square feet surrounding a central plaza, and a mix of retail and office space.

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HSA Commercial Real EstateindustrialOconomowocWisconsin
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