Full Press Release
Greywolf Partners, Inc. announces the groundbreaking of 138,802 square foot Class A speculative industrial building in Madison
MADISON, Wis. (June 14, 2018) – Greywolf Partners, Inc., a Wisconsin-based regional full-service real estate firm and RIZZO Development Group, LLC had its ceremonial groundbreaking this morning for a new 138,802 square foot speculative industrial facility. The site is located at 3833 John Wall Drive, in the city of Madison’s Center for Industry & Commerce (CIC) business park, just 1.1 miles from the I-90/I-94/I-39 interchange and adjacent to Dane County Regional Airport.
The Class A building will be the largest speculative industrial building constructed in the city of Madison to-date which will also offer modern features not available in the marketplace. The building will be constructed of architectural precast concrete panels, have 32-foot interior clear height, an ESFR fire protection system, LED lighting throughout the project, and an abundance of truck loading and car parking.
The new facility will be ideal for manufacturing, assembly, warehouse, distribution, and research & development uses and offers convenient access to transportation options and a large, highly educated, diverse workforce. Upon completion, the industrial facility will be well positioned to meet the growing demand for modern, functional, energy efficient, and high clear height industrial space in the greater Madison metro area. The facility offers leased space with state-of-the-art building features in a flexible range of sizes, divisible down to 32,000 square feet. Features also include 50’ x 50’ column spacing with a 60’ speed bay, 22 exterior loading dock doors (expandable), and four drive-in doors (12’ x 14’) and custom office space build out.
The project is being designed by JA Knetter Architects, an architectural firm based in Waukesha, and constructed by CG Schmidt, Inc., a construction management firm with offices in Madison and Milwaukee.
“There is a growing demand for Class A industrial space in the Madison, Wisconsin and Dane County region. We are excited to be breaking ground on this new, state-of-the-art facility, raising the bar on industrial space in the greater Madison area, “according to Joe Wagner, CEO of Greywolf Partners, Inc. “Plus with convenient access to the upper Midwest’s transportation network, we anticipate users will be attracted to the opportunity to locate their business in a new and modern facility situated with superior transportation options.”
Wagner continued, “Greywolf Partners, Inc. is pleased to be joint owners and developers with Todd Rizzo of RIZZO Development Group, LLC. Rizzo has tremendous experience in industrial property development and has been an invaluable partner in the project.” The project is scheduled to be completed in October 2018.
About Greywolf Partners, Inc.
Formed in 2009, Greywolf Partners is a full-service real estate company specializing in asset management, property management, facility management and brokerage services to commercial real estate owners and investors. Greywolf Partners, Inc. also offers development and property management services for senior housing covering independent, assisted living and memory care. With offices in Milwaukee, Madison, and Green Bay, Greywolf Partners oversees 1.5 million square feet of office and retail space as well as 1,267 residential and senior housing units. Greywolf Partners serves a variety of ownership groups, including small entrepreneurial owners, large institutional investors and Tenant in Common (TIC) ownership structures. For more information, visit www.greywp.com or call 1-877-543-4739.
About RIZZO Development Group, LLC.
Founded in April 2013, RIZZO Development Group, LLC. Boasts over twenty-five years of extensive commercial real estate experience in office and industrial business park development and redevelopment, land development, investment acquisitions, and providing development/owner representation services for third-party property owners. For more information, contact Todd Rizzo at 1-414-702-0085 or email@example.com.
CIC Property Details: http://cic.greywp.com
Press Release: https://www.greywp.com/press/cic
Greywolf Partners Home Page: https://www.greywp.com
FOR MORE INFORMATION:
p: 877.543.4739 x9803
SOURCE: Greywolf Partners, Inc.