
3500 S. Racine
3600 South Racine Avenue, Chicago, IL, 60609, US
6 475 mètres carrés
Jones Lang LaSalle (“JLL”), as exclusive advisor to Ownership, is pleased to offer for sale the fee-simple interest in Federal Manufacturing Headquarters (the “Property” or “Facility”), a mission-critical manufacturing facility located in Waukesha, Wisconsin. The Property is 100% leased to Federal Manufacturing, a leading designer and manufacturer of filling and packaging equipment, with 5.1 years of remaining lease term and annual rent escalations averaging 3.22%. Developed in 2014 as the company’s headquarters, the Facility consolidated four separate operations under one roof and features 28' clear heights, 1,600 amps of power, 10 overhead cranes, three of which are 15-ton cranes, two dock-high doors, and three drive-in doors. The combination of modern construction and extensive crane infrastructure provides functionality that is increasingly difficult to find across the Milwaukee industrial market.
The Property is strategically located within RidgeView Corporate Park, Milwaukee’s highest-image business park and home to numerous corporate headquarters, within an amenity-rich corridor of gas stations, restaurants, hotels, and retail. The Property’s direct I-94 access places downtown Milwaukee within a 25-minute drive and connects seamlessly to the greater Chicago market. Milwaukee’s industrial market recorded 2.8 million square feet of net absorption in Q2'26 while holding vacancy to a tight 4.1%. Waukesha remains one of Milwaukee’s tightest industrial submarkets, posting nearly 1 million square feet of net absorption over the same period, significantly outpacing new deliveries and driving vacancy down to just 1.8%.
Joe Carollo - #75746-94


