Capstone 41 – Breaking Ground on Phase 2

Posted on Oct 25, 2022 in Insights
Capstone 41 – Breaking Ground on Phase 2

Earthwork has begun at the Capstone 41 business park in Germantown WI to prepare the site for the Phase 2 Building, a 294,614 SF warehouse/ distribution facility.  This is the second of three buildings planned for the business park.  Phase 2, planned for completion in Fall 2023, will be 260′ deep and initially have 37 […]

Capstone 41 – Phase 1 is fully leased

Posted on Oct 13, 2022 in Insights
Capstone 41 – Phase 1 is fully leased

As reported by Sean Ryan in the Milwaukee Business Journal [link here], Capstone’s recently completed Phase 1 building at the Capstone 41 business park in Germantown has been fully leased to WB Warehousing & Logistics.  With demand for space exceeding supply, Capstone will be breaking ground this fall on the 294,614 SF Phase 2 building […]

Capstone 35 Work Progressing

Posted on Jun 3, 2022 in Insights
Capstone 35 Work Progressing

Shaw Construction continues to make progress on the North and South buildings that together are Capstone 35.  After a wet and muddy spring, the site has been graded and improved with perimeter drive lanes.  Work on the truck court is commencing.  Inside the buildings, underfloor work is proceeding.  The project is on-schedule, and these buildings […]

Capstone Business Center at Creekside Sold

Posted on May 25, 2022 in Insights
Capstone Business Center at Creekside Sold

Capstone Business Center at Creekside, developed in 2003, was sold after 19 years of ownership.  The building, 100% lease to two tenants, had recently been updated.  The property has performed well, and management recognized the market would look favorably on this asset.  The sale of the building for $12.73 million, brokered by CBRE Capital Markets […]

Roof Installation at Capstone 41

Posted on Mar 30, 2022 in Insights
Roof Installation at Capstone 41

Precast panels and steel are placed, so the roof deck and materials are now being installed at Capstone 41.

Nearing Enclosure of Capstone 35

Posted on Mar 17, 2022 in Insights
Nearing Enclosure of Capstone 35

The North Building at Capstone 35 has roof decking in place, and the contractor is now working on the South Building.  The spring thaw is making the site a bit of a challenge, but that was expected.  With walls up the buildings have already taken shape, and when enclosed there will be more activity onsite. […]

Precast Arrives at Capstone 35

Posted on Feb 1, 2022 in Insights
Precast Arrives at Capstone 35

  In early morning light, February construction work began with placement of the first precast panel on the Capstone 35 site.  Until this time, work had been limited to on-the-ground and under-the-ground with site preparations and placement of footing.  Precast panels will be installed by Shaw Construction over the next several weeks, bringing form to […]

Favorable Weather Helps Construction Progress at Capstone 41

Posted on Nov 17, 2021 in Insights
Favorable Weather Helps Construction Progress at Capstone 41

A mild fall is aiding Berghammer Construction as they prepare the Capstone 41 site for the first of three planned warehouse buildings.  Work is proceeding on the initial 202,455 SF warehouse building, being developed as spec.  At this time, footings are being placed in anticipation of precast panels due to arrive in early 2022.  Other […]

Sitework Underway at Capstone 35

Posted on Nov 12, 2021 in Insights

Shaw Construction is well underway with site work at Capstone 35, racing to prepare the site and install building footings before winter settles in. This aerial photograph shows the site as of today (11/12/21).  On the right is the pad for the north building, fairly completed.  Work is now concentrated on the south pad to […]

Historic Monument Dedicated in Ryan Business Park

Posted on Oct 7, 2021 in Insights
Historic Monument Dedicated in Ryan Business Park

City and County officials met on a beautiful June afternoon to celebrate the dedication of the Historic Monument and Park located on the banks of the Oak Creek in the Ryan Business Park.  The community’s Autum 2021 Current Magazine, the City’s publication to citizens, featured a story on the monument.  A copy of the Current […]