July 14, 2023
Scannell Properties, represented by Cushman & Wakefield | Boerke’s Industrial Services team, acquired 73 acres in the Deback Farms Business Park in Caledonia, initiating development with a 320,000 SF build-to-suit for General Mills. A 442,000 SF spec building followed, aimed at fulfilling growing tenant demands in Milwaukee. Kenco Logistics seized the opportunity midway through construction, leasing the entire building due to its strategic location between their main Wisconsin plants. Overcoming challenges related to future expandability and financial market volatility, the deal solidified the area’s status as a flourishing industrial hub.