Strategic Cold Storage and Industrial Acquisition in Janesville, Wisconsin
Janesville Industrial is a 173,500-square-foot Class A food-grade distribution and cold storage facility located in Janesville, Wisconsin. Acquired by General Capital in 2024, the property represents a strategic addition to the firm's growing industrial portfolio in southern Wisconsin. Originally constructed in 2015, the facility underwent a significant expansion in 2022 with the addition of a modern freezer building, enhancing its capabilities for food storage and distribution. The property is fully leased to NaturPak, a Janesville-based contract food manufacturer, and features tilt-up concrete construction, 30-foot clear heights, and extensive dock-high and drive-in loading infrastructure designed to support high-volume industrial operations.
Strategically positioned between Madison, Wisconsin, and Rockford, Illinois, Janesville provides convenient access to major Midwestern markets, including Milwaukee and Chicago. The region has experienced continued industrial growth, supported in part by businesses seeking competitive operating costs and convenient interstate connectivity. Major companies, including Generac, Blain's Farm & Fleet, Cummins, and Dollar General, have established or expanded operations in the area, reinforcing Janesville's position as a regional manufacturing and logistics hub. Through this acquisition, General Capital expanded its industrial holdings with a specialized, fully leased facility supporting an established food manufacturer while strengthening its presence in southern Wisconsin's growing industrial market.
Key Themes
- Strategic industrial acquisition expanding General Capital's Class A industrial portfolio.
- Specialized cold storage supporting food manufacturing, distribution, and freezer operations.
- Established industrial tenancy with Janesville-based food manufacturer NaturPak.
- Modern industrial infrastructure featuring efficient loading and high-capacity storage capabilities.
- Strategic regional location connecting Madison, Milwaukee, Rockford, and Chicago markets.
Results
- 173,500 SF Class A industrial facility acquired in 2024.
- 100% occupancy through a full-building lease with NaturPak.
- 2022 freezer expansion providing specialized cold storage capabilities.
- 30-foot clear heights with dock-high and drive-in loading infrastructure.
- Southern Wisconsin industrial portfolio expanded with a specialized food-grade facility.