HARIBO leases building space at Bristol Highlands Commerce Center
BRISTOL, Wis. (CBS 58) -- Gummi treat maker HARIBO has executed a 157,656-square-foot, full-building lease at HSA Commercial's Bristol Highlands Commerce Center, a 68-acre industrial park in Bristol.
Chicago-based HSA Commercial Real Estate announced the news Thursday, Nov. 18.
The deal means the first phase of Bristol Highlands Commerce Center, which was completed in 2020 and includes a larger 472,176-square-foot warehouse, is now fully leased.
According to a news release, HARIBO plans to occupy the space in first-quarter 2022, using it for distribution of finished product. Located at 9655 136th Ave., the facility will complement HARIBO’s first-ever North American production plant, which is currently under construction just 2 miles away in Pleasant Prairie.
“Utilizing this great warehouse space in Bristol is an exciting first step in HARIBO’s Midwest distribution presence,” said Lauren Triffler, head of corporate communications at HARIBO of America. “This move unlocks a logistics and supply chain capacity expansion that supports our accelerating growth throughout the United States, and it will enable us to serve our customers with speed and efficiency, working in tandem with our warehouses on the East and West Coast.”
HSA Commercial broke ground on a third speculative warehouse at Bristol Highlands Commerce Center this summer. Located at 9403 136th Ave., the 447,000-square-foot distribution center is scheduled for completion in early 2022 and features 36-foot clear heights, 73 truck docks and ample parking for employees.
“HARIBO’s growing footprint in southeast Wisconsin is further testament to the global visibility and desirability of the I-94 corridor, which today is widely regarded as a critical link in domestic supply chains,” said Robert Smietana, vice chairman and CEO of HSA Commercial Real Estate. “We are proud to be one of the most active industrial developers in the region, with over 3 million square feet of warehouse space under construction or proposed, as demand continues to outpace supply.”