Arvato Expands to 678,000 SF in North Market

PLEASANT PRAIRIE, WI-Arvato Digital Services has expanded its space here in Southeastern Wisconsin to 678,000 sf. The company renewed a 534,384-sf lease for its building at 11500 80th Ave. in Lakeview Corporate Park. The company, which provides supply chain solutions worldwide, has also signed a new lease for 144,000 sf at 7809 100th St., which it will occupy fully.

Jack H. Rosenberg, principal, and Frederick L. Regnery, VP, both with Colliers Bennett & Kahnweiler’s Industrial Service Group, represented Arvato in both leases. David A. Bercu,, principal, represented Mercantile Real Estate Advisors, owner of 11500 80th Ave. John Sharpe with Lee & Associates represented Texas-based Cobalt Capital, owner of 7809 100th St.

Arvato has occupied the building in the Lakeview park since 2007. The facility, built in 1997, offers four drive-in doors, 32-foot-high ceilings, 40,000 sf of office space and 650 parking spots. “Arvato could have been anywhere in the Chicago area, but they love the labor up there and they didn’t want to move out of the southern Wisconsin area,” Rosenberg says. “People like to live up there, because if companies need to service the Chicago and Milwaukee markets then they need to be in between. There’s very little supply in Lake County, and that’s driving people who would prefer to be in northern Illinois up into Wisconsin.”