Marriott Development of Pewaukee, Wisconsin, will be launching a 120,003-square-foot speculative industrial building in 2017 in the OakView Business Park in Oak Creek, Wisconsin.
The 220-acre park is located at Howell Avenue and Oakwood Road in one of the fastest growing communities in the state of Wisconsin. Marriott has hired the Cushman & Wakefield|Boerke industrial Team of Jeff Hoffman and Chad Vande Zande as the exclusive leasing firm for the assignment, and MSI General of Nashotah, Wisconsin, as the design-build contractor.
The OakView Business Park is located within one of the most dynamic industrial markets in southeast Wisconsin. The Mitchell Airport market encompasses roughly 21 million square feet and is currently sitting at a cycle low vacancy rate of 2.79 percent. Major occupiers that have recently committed to the area include GE Healthcare, Joy Global, Menasha Corp, Stella & Chewy’s, All States Trucking and the game-changing announcement of iconic retailer IKEA.
The Marriott development will be able to accommodate tenants ranging from 20,000 square feet to 120,000 square feet, and will feature amenities including 28-foot ceilings and trailer parking.