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Phase III is Getting Under Roof

Posted on Sep 19, 2025 in Insights
Phase III is Getting Under Roof

The placement of Phase III’s precast panels is complete.  With steel in place, the roof deck is beginning to be installed.  Phase III is situated on the east side of the Capstone 41 business park and is the last building in the project.  Click here for more details:  Capstone 41 Business Park Germantown Phase III 

Phase III Precast Installation Underway

Posted on Aug 25, 2025 in Insights
Phase III Precast Installation Underway

Work on the Capstone 41 Phase III building, a near twin of the Phase II building it shares a truck court with, is progressing as the exterior precast panels are being set.  Work was delayed a few days due to the heavy rains southeastern Wisconsin experienced in early August, yet the project is still on […]

Capstone 41 – Phase III Construction Underway

Posted on Jul 29, 2025 in Insights
Capstone 41 – Phase III Construction Underway

Work has begun on Phase III of the Capstone 41 Business Center on Holy Hill Road in Germantown, WI.  Berghammer Construction is working on the building pad and installing footings in anticipation of precast panel arrival on site in mid-August.  Full building enclosure is anticipated in late fall with construction completion in first quarter of […]

Capstone 35 in Burnsville, MN Sold

Posted on May 21, 2025 in Insights
Capstone 35 in Burnsville, MN Sold

Capstone 35, the two-building development in Burnsville Minnesota, was sold to local investors.  Irby and Acme Tool each lease a building, having signed on as construction completed in fall of 2022. The project was an infill site consisting of several parcels that were consolidated.  Organic fill required installation of a gas relief system under the […]

Capstone 41 Phase II Getting Enclosed

Posted on Jul 31, 2023 in Insights
Capstone 41 Phase II Getting Enclosed

Work is progressing on Phase II of the Capstone 41 Business Center on Holy Hill Road in Germantown, WI.  The building is nearly enclosed and scheduled for completion first quarter of 2024.  The building, nearly 300,000 SF with a 36′ clear height, offers convenient freeway access and additional trailer parking.  Check the brochure for more […]

Class A Medical Office Space for Lease in Lima, Ohio

Posted on Jun 22, 2023 in Insights
Class A Medical Office Space for Lease in Lima, Ohio

On the Campus of Mercy Health – St. Rita’s there is exceptional Class A Medical Office Space available for lease.  This space is in the 770 High Street Professional Building, located at the hub of the outpatient services campus.  Link to 2023 Quality Office Space Brochure. Suites are available for single-practitioners and large practices, with […]

Capstone 41 – Breaking Ground on Phase II

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

Earthwork has begun at the Capstone 41 business park in Germantown WI to prepare the site for the Phase II Building, a 294,614 SF warehouse/ distribution facility to be located at N128W20955 Holy Hill Road, Germantown.  This is the second of three buildings planned for the business park.  Phase II, scheduled for completion in January […]

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 […]