Illinois company purchases 52 acres in Kenosha for future development

Site located just southeast of Amazon

An international freight company has purchased 52 acres of vacant land just south of the Amazon distribution plant in Kenosha.

Grand Rapids, Michigan-based Chicagoland DC 2014,  an affiliate of Pinnacle Realty Services. sold the property, at 38th Street and I-94, to Multi-Trans Services Inc., an Illinois Corporation, for $1.9 million, according to state records.

“There has been exciting development along the I-94 corridor and I think this property has a lot of potential because of the current zoning and proximity to Amazon,” said Thomas Boyle, principal in Transwestern’s Rosemont, Illinois office who marketed the property.

The site is currently zoned and ready for immediate development. The new owner plans to hold this property for future development or seek built-to-suit opportunities.

Mark Baumhart, CCIM, of Arthur J. Rogers & Co. represented the buyer.

An international freight company has purchased 52 acres of vacant land just south of the Amazon distribution plant in Kenosha.

Grand Rapids, Michigan-based Chicagoland DC 2014,  an affiliate of Pinnacle Realty Services. sold the property, at 38th Street and I-94, to Multi-Trans Services Inc., an Illinois Corporation, for $1.9 million, according to state records.

“There has been exciting development along the I-94 corridor and I think this property has a lot of potential because of the current zoning and proximity to Amazon,” said Thomas Boyle, principal in Transwestern’s Rosemont, Illinois office who marketed the property.

The site is currently zoned and ready for immediate development. The new owner plans to hold this property for future development or seek built-to-suit opportunities.

Mark Baumhart, CCIM, of Arthur J. Rogers & Co. represented the buyer.

Comments

  1. M Hollenbeck says:

    How will this affect the homeowners? Has anybody considered this? Has anybody approached the owners of the land in front of this property? What about the people that call this area home?