MILWAUKEE BUSINESS NEWS

The City of West Bend is working with Milwaukee-based real estate company F Street to develop a new business park with potentially more than 1 million square feet of industrial space on the southeast side of the city.

Earlier this week, the city’s Plan Commission rezoned approximately 107 acres near the southwest corner of Rusco and River roads for manufacturing uses. Earlier this year, the city annexed the land from the Town of West Bend in order to connect it to city sewer and water systems, according to city documents.

The development will be known as Crossrail Commerce Center, according to F Street.

F Street is working with commercial real estate firm Colliers to market the property for sale or lease. with concept plans showing up to 10 built-to-suit lots available. A 10-acre lot is shown as having a pending sale.

Read more

In an impressive feat, F Street has successfully raised $3,100,000 in equity funding in just 14 days, demonstrating the company’s robust investment appeal and significant market trust.

 

PRESS RELEASE

Milwaukee, WI (November 6, 2024) — F Street, is thrilled to announce the successful closing of their latest equity funding round, where they raised an impressive $3,100,000 in just 14 days. This remarkable achievement underscores the company’s strong appeal to investors and its strategic prowess in the real estate market.

The rapid fundraising process not only highlights the efficiency of the F Street team but also reflects the high level of confidence that investors have in the company’s vision and investment potential.

The Significance of Swift Investor Response

The swift response from investors played a crucial role in the success of this funding round. Within just two weeks, F Street secured the necessary equity to acquire the Granger Distribution Center, showcasing the eagerness and trust of the investment community.

This rapid influx of capital is a testament to the attractiveness of F Street’s industrial acquisition strategy and the compelling opportunities it presents to investors looking for robust returns in the real estate sector.

F Street’s Proven Track Record

F Street’s proven track record in deal performance and investment success has been a key factor in attracting and retaining investor interest. The company’s history of delivering consistent returns and value creation has built a solid foundation of trust and credibility.

Investors are increasingly drawn to F Street’s expertise and strategic approach, which consistently yields high-performance results and lucrative investment opportunities.

Welcoming New Investors to the F Street Family

F Street is excited to welcome new investors into their growing family with each new deal. The company’s inclusive approach ensures that both seasoned investors and newcomers have the opportunity to participate in high-quality real estate investments.

The successful closing of this funding round is not only a win for the company but also for the new investors who have joined the F Street community, ready to explore lucrative opportunities and achieve significant returns.

Future Opportunities and Waitlist Details

Due to the overwhelming demand and swift funding of the current round, F Street has created a waitlist for investors interested in similar industrial acquisitions. This waitlist offers priority access to future opportunities, ensuring that interested parties can swiftly engage in upcoming deals.

Investors who wish to be part of F Street’s future successes are encouraged to join the waitlist and stay informed about the company’s latest ventures and investment opportunities.

About F Street

F Street is a premier real estate investment and development firm headquartered in Milwaukee, Wisconsin. The company specializes in the acquisition and development of high-quality commercial and residential properties in Wisconsin and beyond. F Street is committed to creating dynamic and sustainable communities that enrich the lives of residents and contribute to the economic vitality of the regions it serves.

www.fstreet.com

APPLETON, WI, June 15, 2023 — F Street is pleased to share some exciting news regarding the continued development of Southpoint Commerce Park in Appleton, Wisconsin. Our ongoing efforts to expand and enhance the industrial infrastructure in the region have reached significant milestones with the construction completion of Appleton II and the groundbreaking ceremony for Appleton III.

Appleton II

Yesterday, F Street celebrated the successful completion of Appleton II with a grand ribbon cutting ceremony at the brand new building. This state-of-the-art, 249,529 sq. ft. industrial building stands as a testament to our commitment to fostering economic growth and attracting new business opportunities to the area.

The ceremony was attended by prominent local officials, industry leaders, and members of the community. The event showcased the outstanding collaboration between our team and the city of Appleton, further solidifying the park’s reputation as a prime destination for industrial enterprises.

Appleton III

The groundbreaking ceremony for Appleton III was held immediately following the ribbon cutting. This signifies our forward-thinking approach and unwavering dedication to expanding the Southpoint Commerce Park. Appleton III is poised to become a flagship industrial facility, offering cutting-edge amenities and infrastructure to support the needs of modern businesses. This significant expansion will strengthen our competitive advantage, providing additional opportunities for growth and attracting further investment to the region.

The continued development of the Southpoint Commerce Park remains a key strategic initiative for our organization. We firmly believe that these advancements will not only benefit our investors, but also have a positive impact on the local community.

We would like to express our gratitude for your unwavering support and confidence in our vision. Our investors have played a crucial role in making these achievements possible. As we move forward, we are committed to maximizing the potential of the Southpoint Commerce Park and capitalizing on the promising opportunities it presents.

If you have any further questions or would like more information about these exciting developments, please do not hesitate to reach out to our dedicated investor relations team. We value your feedback and look forward to keeping you updated on our progress.

Washington County Daily News  |  May 10, 2023

GERMANTOWN — F Street Development Group and Keller, Inc. on Tuesday broke ground on a new industrial warehouse in Germantown that is set to open in January 2024.

F Street Development is working with Keller, Inc. to build an approximately 375,000-square-foot industrial precast speculative building in Germantown. The development, called Town Nine, is aimed at fulfilling the need for new quality class A industrial warehouse/distribution space in the Germantown market, according to F Street. The project’s future address will be at the corner of Wausaukee Road and Donges Bay Road in Germantown.

Representatives from F Street, Keller, Inc., and the real estate services company CBRE were present at the groundbreaking on Tuesday, including Keller, Inc. Regional Manager Nathan Laurent and F Street Owner Scott Lurie, who both spoke briefly at the event.

Read more

Press Release

MILWAUKEE, WI, April 7, 2023 — F Street has announced that we have completed the funding for F Street Germantown, LLC after raising $4,910,000 through private investors. The initial phase for this project will include the purchase of 38.15 acres, 22.55 acres of which will be used for the construction of a 375,000 sq. ft., 36 ft. clear Class A building. Construction is scheduled to begin later this month.

Currently, the industrial market in Germantown is hovering around 2% vacancy levels. Quality product is being demanded by companies in the Germantown/Washington County industrial sub-market. We are building Class A industrial buildings to meet pent-up and existing demand.

Germantown boasts a robust industrial market with a diverse tenant base of manufacturing, warehousing, and logistic companies. The specific location in Southeastern Wisconsin, access to the highway, safety of the community, and strong labor pool in Germantown and the surrounding areas/counties makes Germantown a desirable place to conduct business.

F Street has partnered with Keller Construction and CBRE for this project, as leasing initiatives have already been underway. The construction timeline is estimated to be 9-10 months, with expected delivery in Q4 2023. Pre-leasing marketing efforts have already begun in conjunction with CBRE, Inc.

Additional development phases for this project are currently under consideration.

Press Release

MILWAUKEE, WI, April 5, 2023 — F Street has announced that we have completed the funding for F Street Augusta 1, LLC after raising $5,220,000 from investors and PACE financing. The initial phase for this project will include the purchase of 20.85 acres and the construction of a 234,433 sq. ft., 36 ft. clear Class A building, which is now scheduled to commence later this month.

This is the first development project for F Street in Minnesota, but it will join a growing portfolio of Class A industrial developments. The development is aimed at fulfilling the need for new quality class A industrial warehouse/distribution product in the St. Augusta/St. Cloud market. The building’s construction is estimated to be completed in December 2023.

St. Cloud MSA’s Industrial Market is an extremely well-located satellite market of the greater Minneapolis industrial market. Located just under an hour’s drive northwest of Minneapolis along I-94, St. Augusta serves as the distribution hub for goods traveling from Minneapolis towards central/upper Minnesota, Northwest Wisconsin, and the Dakotas.

F Street has partnered with Keller Construction and CBRE for this project, as leasing initiatives have already been underway.

Additional development phases for this project are currently under consideration.

Washington County Daily News  |  March 24, 2023

Keller, Inc. has been chosen as the architect and general contractor on a new building project for F Street Development, a privately- held investment group in Germantown.

F Street Development is constructing an approximately 375,000-square-foot industrial precast speculative building in Germantown. The developed, called Town Nine, is aimed at fulfilling the need for new quality class A industrial warehouse/distribution space in the Germantown market, according to a press release announcing Keller, Inc. as the architect on the new building project.

Construction on the new building began in March 2023 and is expected to be complete by the end of 2023, according to a press release. The project’s future address will be at the corner of Wausaukee Road and Donges Bay Road in Germantown.

Read more

Milwaukee Business Journal  |  August 21, 2022

Milwaukee developer F Street Group is planning up to three industrial buildings in Germantown’s new Omega Hills Business Park after recently gaining approvals for land sale and incentive agreements.

F Street Group’s first building could have about 400,000 square feet, and is to start vertical construction in spring 2023, said F Street founder Scott Lurie. Two smaller buildings could follow on the 38.1 acres F Street Group was approved to buy recently from the village for about $2 million.

“Our future plans remain very optimistic in the industrial space inside and outside of the state of Wisconsin,” Lurie said. “The way you, I and everyone acquire and receive goods has changed.”