CenterPoint Leases 400 KSF Warehouse

Uline has fully leased the recently completed, spec industrial property in southeastern Wisconsin for an initial term of five years.

11559 80th Ave. in Pleasant Prairie, Wis.
11559 80th Ave. in Pleasant Prairie, Wis.

Uline has signed a five-year, full-building industrial lease totaling 417,384 square feet for CenterPoint Properties’ newest asset in the 2,391-acre LakeView Corporate Park in Pleasant Prairie, Wis. This lease marks the third building in the park Uline occupies. CenterPoint broke ground on the speculative development last summer, and construction finished late last year.

Located at 11559 80th Ave., the building sits three miles east of Uline’s corporate headquarters along Interstate 94. A number of large tenants operate within the industrial park, including Target, PepsiCo, Yamaha Motors and Meijer. The warehouse features 3,000 square feet of office space, 36-foot clear heights, 79 dock doors, 236 surface parking spaces and more than 100 trailer parking stalls.

“We are thrilled to continue to help Uline enhance their supply chain,” said Ed Harrington, senior vice president of development at CenterPoint, in a prepared statement. “Uline is a valued client, and this facility will complement their existing facilities in Northern Illinois and Southeast Wisconsin.”

In October, another of CenterPoint’s Chicago-area industrial assets located just south of the Wisconsin border on Interstate 94 was fully leased to Weiman Products.

Image courtesy of CenterPoint Properties