13303 Washington Avenue (10,430 SF) in Mt. Pleasant, WI Closed January 2018
We are pleased to announce that a Nordic affiliate closed on the purchase of a 10,430 square foot office/retail building located on three acres of commercial land, adjacent to the planned Foxconn manufacturing campus. We are very excited about the opportunities for the site as the immediate area is experiencing rapid development growth in anticipation of the beginning of construction for Foxconn, which is the largest manufacturing campus development project in the US.
Located on Hwy 20, near I-94, 13303 Washington Avenue is located in close proximity to the recently announced Foxconn manufacturing campus and immediately adjacent to a 156,000 SF industrial building recently leased by Foxconn in Mt. Pleasant Business Park. Johnson Insurance currently occupies the building, but has plans to relocate during 2018, and Nordic Realty Partners will look to add value to the property through re-tenanting the building and developing the surplus land.
Our ability to move quickly and be extremely nimble allowed us to identify and seize an attractive investment opportunity in advance of the public Foxconn announcement and resulting investor frenzy. Commercial real estate in close proximity to the Foxconn project has since re-priced significantly upwards.
We have several other projects in the pipeline. In you are interested in learning more about value-add commercial real estate investment opportunities, please email us or sign up for our mailing list via our Contact page.
