McCormick Germantown
2024Year Acquired |
112,000 SFClass B Industrial Space |
In the fall of 2024, General Capital acquired a 112,000 square foot Class B industrial building located in the Germantown Business Park. The property is fully leased to Reindl Bindery, a wholly owned subsidiary of Taylor Corporation. Taylor Corporation is a privately held graphic communications company and ranks among the five largest graphic communications companies in North America.
The building has a clear height of up to 28’ and is equipped with ten dock doors, five overhead doors, heavy power, air conditioning throughout, and a full sprinkler system. The property adds to General Capital’s growing industrial portfolio in Southeastern Wisconsin.
KEY THEMES
- Strategic industrial acquisition expanded General Capital's growing portfolio of high-quality assets throughout Southeastern Wisconsin
- Established Germantown Business Park location provides strong regional connectivity and access to the Milwaukee metropolitan market
- Long-term tenancy with Reindl Bindery supports stable occupancy within a well-established industrial and manufacturing corridor
- Functional industrial design features substantial clear heights, flexible loading infrastructure, heavy power, and fully conditioned space
- Long-term ownership strategy emphasizes stable tenancy, operational performance, and continued industrial portfolio growth
RESULTS
- Acquired a 112,000 SF Class B industrial facility in Germantown in 2024
- Maintained 100% occupancy through a full-building lease with Reindl Bindery, a subsidiary of Taylor Corporation
- Added a highly functional industrial asset featuring clear heights up to 28 feet, 10 dock doors, and five overhead doors
- Provides heavy power, full-building air conditioning, and comprehensive sprinkler infrastructure supporting industrial operations
- Strengthened General Capital's industrial portfolio with a strategically located, fully leased Southeastern Wisconsin asset
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