The planned Foxconn development will change the character of SE WI.
CHICAGO—A new industrial submarket north of the state line has come of age, and its prospects for further growth seem bright. Companies such as Kenall Manufacturing, Uline, and Gold Standard Baking – to name a few – began hopping over the IL border to Southeast WI several years ago, sparking a building boom in Kenosha and Racine counties that added an average of more than three million square feet per year since 2015. But recently there has been a change.
“Historically, this has been a big build-to-suit market,” Ned Frank, vice president of Colliers International, tells GlobeSt.com. “Companies would choose the area and then pair up with a developer. But now there is a great deal of spec activity.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
