{"id":1004229280,"date":"2018-05-11T05:12:04","date_gmt":"2018-05-11T13:12:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004229280"},"modified":"2022-12-04T00:55:29","modified_gmt":"2022-12-04T08:55:29","slug":"nkf-negotiates-wi-industrial-sale-leaseback","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-negotiates-wi-industrial-sale-leaseback\/","title":{"rendered":"NKF Negotiates WI Industrial Sale-Leaseback"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004229286\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004229286\" data-attachment-id=\"1004229286\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nkf-negotiates-wi-industrial-sale-leaseback\/1343-27th-st-caledonia-wis\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1343 27th St. Caledonia, Wis.\" data-image-description=\"&lt;p&gt;1343 27th St. Caledonia, Wis.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1343 27th St. Caledonia, Wis.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png?w=800\" loading=\"lazy\" class=\"wp-image-1004229286 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png\" alt=\"1343 27th St. Caledonia, Wis.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004229286\" class=\"wp-caption-text\">1343 27th St. Caledonia, Wis.<\/p><\/div>\n<p>Newmark Knight Frank has arranged the acquisition of an industrial facility in Caledonia, Wisc. The 53,680-square-foot property, which is now part of a publicly traded investment company&#8217;s portfolio, includes a long-term leaseback to the tenant, Southport Engineered Systems, a local plumbing contractor. Jon Henderson of Jon Henderson Real Estate represented the seller and tenant in the transaction.<\/p>\n<p>The single-story, Class A asset is located at 1343 27th St. and was completed in 2015. The fully-occupied property features 18-foot ceilings, one exterior and two drive-in docks. The facility is adjacent to Interstate 94 and can be accessed via the interchange with East Frontage Road.<\/p>\n<p>\u201c<em>This asset is a great addition to the firm&#8217;s portfolio given the location of the facility and the strength of the tenant. The buyer also liked the ongoing growth and low vacancy rates in southeast Wisconsin and this building checked all the boxes for them,<\/em>\u201d said NKF\u2019s Senior Managing Director Corey Chase in a prepared statement. Chase worked on the deal together with Senior Managing Director Sergio Chapa.<\/p>\n<p>Industrial leasing activity has been on the rise in Southeast Wisconsin. In early 2017,&nbsp;Uline <a href=\"https:\/\/www.commercialsearch.com\/news\/centerpoint-leases-400-ksf-warehouse\/\">signed a five-year industrial lease<\/a> in the 2,391-acre LakeView Corporate Park in Pleasant Prairie, Wis.<\/p>\n<p><em>Image courtesy of NKF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senior Managing Directors Sergio Chapa and Corey Chase assisted the buyer in purchasing a roughly 54,000-square-foot property in Caledonia. The asset is 100 percent occupied.<\/p>\n","protected":false},"author":1064,"featured_media":1004229286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,13,21742],"tags":[40332,36007],"class_list":["post-1004229280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-midwest","category-latest","tag-jon-henderson-real-estate","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NKF Negotiates WI Industrial Sale-Leaseback - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nkf-negotiates-wi-industrial-sale-leaseback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKF Negotiates WI Industrial Sale-Leaseback\" \/>\n<meta property=\"og:description\" content=\"Senior Managing Directors Sergio Chapa and Corey Chase assisted the buyer in purchasing a roughly 54,000-square-foot property in Caledonia. The asset is 100 percent occupied.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nkf-negotiates-wi-industrial-sale-leaseback\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-11T13:12:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T08:55:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/1343-27th-St.-Caledonia-Wis..png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"headline\":\"NKF Negotiates WI Industrial Sale-Leaseback\",\"datePublished\":\"2018-05-11T13:12:04+00:00\",\"dateModified\":\"2022-12-04T08:55:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/\"},\"wordCount\":224,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/05\\\/1343-27th-St.-Caledonia-Wis..png\",\"keywords\":[\"Jon Henderson Real Estate\",\"Newmark Knight Frank\"],\"articleSection\":[\"Brokerage\",\"Deals\",\"Industrial\",\"Midwest\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-negotiates-wi-industrial-sale-leaseback\\\/\",\"name\":\"NKF Negotiates WI Industrial Sale-Leaseback - 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