Sell Agreement with Colliers International

Sell Agreement with Colliers International
Posted on 01/10/2022
On Monday, January 10, the Village Board approved an Exclusive Right to Sell Agreement between Colliers International (Colliers) and the Village of Pleasant Prairie to sell the remaining Village-owned undeveloped real estate in Prairie Highlands Corporate Park (PHCP).

On July 13, 2021, the Village solicited a real estate broker to represent the Village in marketing the sale of the remaining Village-owned real estate within PHCP consisting of: 1) approximately 110 acres, located west of 128th Avenue, of remaining vacant land intended for industrial, manufacturing, office, and research use, 2) and 29.5 acres of remaining vacant land intended for commercial use, located between the West I-94 Frontage Road (122nd Avenue) and the southbound I-94 off-ramp. 

Colliers is a leading diversified professional brokerage services and investment management company with more than 150 offices with 6,000 professionals, including offices in Milwaukee and Chicago, and has thorough knowledge of the southeast Wisconsin/I-94 real estate market.

PHCP consists of a total 458 acres of land at the northwest corner of County Highway Q and I-94. The Village purchased and began development of the corporate park in 2017 with a focus on manufacturing, office, and commercial uses. Today PHCP is home to Haribo of America, Nexus Pharmaceuticals, and Advocate Aurora Health Care Center. 
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