Overview
Cushman & Wakefield | Boerke is pleased to offer qualified investors the opportunity to acquire 1500 N Parker Drive, a 212,634 SF industrial campus situated on 17.09 acres along the Rock River in Janesville, Wisconsin. The property is 100% leased and anchored by Panoramic, Inc., a specialized food packaging manufacturer operating as a division of Anchor Packaging, which is wholly owned by Georgia-Pacific. Panoramic occupies approximately 88% of the campus under a NNN lease, providing durable in-place cash flow with minimal landlord responsibilities. The offering represents a Core-Plus industrial investment supported by strong tenant fundamentals, staggered lease expirations, and long-term functional flexibility within one of Southern Wisconsin’s tightest industrial submarkets.
Investment Highlights
- Institutional-Quality Anchor Tenancy Panoramic operates as a division of Anchor Packaging within the Georgia-Pacific platform, providing long-term operational support
- Stable, NNN In-Place Cash Flow The property is 100% leased, with Panoramic occupying approximately 88% of the campus under a triple-net lease structure.
- Functional, Flexible Industrial Campus The asset features reinforced concrete construction, dock and drive-in loading, 18’ clear heights, and BT zoning suitable for a wide range of industrial and R&D uses.
- Diversified Income with Staggered Expirations Additional office tenants reduce single-tenant rollover risk while supporting steady near- and long-term income.
- Strong Southern Wisconsin Industrial Location The property is located in Rock County, a high-performing industrial submarket characterized by low vacancy, strong user demand, and limited large-block availability.
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Investment Sales Team
