OAK CREEK – A 172,000-square-foot industrial building with easy
access to Interstate 94 is being planned by Liberty Property
Trust for Oak Creek.
The project would be the largest speculative industrial
development in Milwaukee in more than five years, and will be
available for occupancy in late fall, according to the
“We are very excited to be first out of the gate on a large,
Class A industrial speculative building in Milwaukee.
Wisconsin's commitment to its transportation infrastructure,
particularly its rapid reconstruction and improvements to
Interstate 94, prove its ‘Open for Business’ statement,” said
Neal Driscoll, vice president of leasing and development in the
region, in a statement. “Bisected by I-94, Oak Creek is an
excellent location for regional distribution to the Milwaukee
metropolitan market, as well as its proximity to the
continuously growing Chicago footprint. We look forward to
delivering a high-quality industrial building to fill a hole in
the current marketplace.”
The new building will feature advanced fire suppression systems,
200-foot depth, 30-foot clear height, 50 by 50 column spacing,
the ability to accommodate high levels of office build-out, a
shared 200-foot truck court and extensive parking.
“This investment is yet another indication of the momentum and
strength of the Oak Creek market,” said Oak Creek Mayor Steve
Scaffidi in a statement. “We look forward to working with
Liberty Property Trust as they join the growing list of
companies choosing to do business in Oak Creek.”
The architect for the development project is Stephen Perry Smith
Architects, Inc., the engineer is R.A. Smith National, Inc. and
the general contractor has yet to be named. Neal Driscoll, vice
president of development, is Liberty’s project manager.
Liberty Property Trust is a commercial real estate firm, serving
customers in the United States and United Kingdom, through the
development, acquisition, ownership and management of superior
office and industrial properties.