MADISON, WI – (Jan 17, 2023) – Madison Lake Capital (MLC) is happy to announce the successful investment in purchasing a light industrial real estate property in Green Bay, Wisconsin.
The property is located at 4325 WI-29, Green Bay, WI 54311, the Town of Eaton. The 63,759-square-foot (8.33 acre) facility comprises industrial components and a separate office building, all occupied by a single tenant and 100% NNN leased through 2032. The tenant is a full-time paint & powder coating house that carries high-level talent and years of experience. The tenant has its primary office location at the property. The tenant specializes in paint and power-coating services and is a certified source for companies across several industries, including defense, marine, transportation, energy, fire and rescue, construction, and fabrication.
“We are pleased to close the real estate investment deal as part of MLC’s vision to provide our limited partners diversified investment options,” Partner Brad Bodden said. “The property is within 12 miles of Downtown Green Bay and can serve businesses in the Fox Valley region as well. The proximity to the well-developed labor market of Greater Green Bay is a bonus to the tenant. We are confident in the long-term growth of the industrial real estate segment in this region and are looking forward to more such opportunities”
Financial Partner: First Federal Bank of Wisconsin Legal Counsel: Reinhart Boerner Van Deuren s.c.
About Madison Lake Capital
Madison Lake capital (MLC) is a private equity firm specializing in company buyouts and commercial real estate transactions in the lower middle market. The Company buyout practice targets family-owned, single-owner entities with a long history of stable performance. The Real Estate investment practice target properties with > 80% occupancy and locked-in NNN tenants. For additional information, visit www.madisonlakecapital.com.
This press release includes statements related to Madison Lake Capital that can generally be identified as describing the Company’s future plans, goals. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those currently anticipated.