Kohlís buys two Menomonee Falls buildings

Special to The Freeman

June 23, 2014

MENOMONEE FALLS Ė Kohlís Corp. has purchased two buildings near its Menomonee Falls headquarters, according to state records.

The retailer purchased two buildings last week from Ultra Tool & Manufacturing Inc. for $4.1 million, according to state records. The two buildings are on Ridgewood Drive in Menomonee Falls.

Ultra Tool & Manufacturing in May announced plans to move its operations from Menomonee Falls to Germantown.

Kohlís announced last November it was dropping plans to construct additional buildings for its headquarters expansion, and instead would purchase and renovate nearby buildings. Since the announcement, the company has bought InnoWare Inc.'s 300,000-square-foot former distribution center, at W165-N5830 Ridgewood Drive in Silver Spring Corporate Park, which itís planning to convert into an information technology center.

The company also purchased the 28,000-square-foot former ProHealth Care building at W165-N5595 Creekwood Crossing with plans to renovate it into a wellness center.