Property Types Industrial
Gordon Food Service Buys Industrial Site
June 20, 2008

Gordon Food Service has purchased two sites totaling 135 acres of industrial land in Kenosha, Wis. The buyer plans to build a 480,000-square-foot freezer/cooler and dry storage distribution facility on the site. Located on the south side of Highway N and just northwest of the Kenosha County Airport, the site was annexed into the City of Kenosha from Somers. Kenosha is providing funding to complete significant infrastructure improvements, including roads and utilities. Gordon Food Service was represented by Grubb & Ellis Co.

 
Recent Industrial Headlines
ProLogis Announces Full Occupancy at 531,000-SF Houston Distrib Park
ProLogis announced today full occupancy at ProLogis NorthPark, a recently developed, four-building, 531,000- square-foot distribution park located in Houston.
Amid Continuing Market Decline, First Industrial Nabs $154M in Financing
Despite the ongoing weakening of industrial market fundamentals, banks are warming up to certain players like First Industrial Realty Trust Inc., which has just managed to get its hands on $154 million in the form of three loans secured by assets encompassing a total of 6.3 million square feet.