Chicago-based HSA Commercial Real Estate and Washington Capital Management, on behalf of one of its clients, began construction on the first phase of the 68-acre Bristol Highlands Commerce Center at Wilmot Road and 136th Avenue in Bristol, Wisconsin, near I-94 and the Wisconsin-Illinois border.
Site work and mass grading for the business park is already underway, and the development team expects buildings to start going vertical later in June.
The first two speculative buildings, which are scheduled to deliver in the fourth quarter, include a rear-load 157,656-square-foot warehouse building with 31 truck docks and a cross-docked 472,216-square-foot distribution center with 72 truck docks. Jeff Hoffman and Chad Vande Zande of Cushman & Wakefield | Boerke in Milwaukee, together with Eric Fischer of Cushman & Wakefield in Chicago, are marketing the buildings for lease on behalf of ownership.
In addition to the two-building first phase, a remaining 25-acre parcel can accommodate up to a 450,000-square-foot warehouse for development on spec or as a build-to-suit for a total warehouse capacity of more than 1 million square feet throughout the park.
Each of the three buildings at Bristol Highlands Commerce Center will feature clear heights ranging from 32 feet to 36 feet, with generous trailer and employee parking. The business park also offers an attractive campus-like design that features sizable setbacks, enhanced landscaping and walking paths for workers that connect with the neighboring greenway and conservancy areas.
Itasca, Ill.-based Premier Design + Build Group is serving as general contractor, while Riverwoods, Ill.-based Partners in Design Architects is responsible for the project design and Brookfield, Wis.-based Pinnacle Engineering is managing civil engineering.
