Best Buy plans to open a store in Kenosha. Best Buy Stores recently leased 30,000 square feet of retail space at I-94 and Highway 50 in Kenosha from GM Investors LLC. Dan Cohen of Mid-America Real Estate-Wisconsin represented Best Buy in brokering the deal and Dan Rosenfeld and Mike Fitzgerald of Mid-American Real represented GM Investors. Richfield, Minn.-based Best Buy Co. Inc. has about 1,170 electronics stores in the U.S. and Canada. This will be the first store in Kenosha County. Best Buy is just the latest national chain retailer to flock to Kenosha County, as urban sprawl from Chicago is resulting in new residents moving into the county. The population increase is attracting more retailers like Best Buy to Kenosha.
Arandell Corp. recently leased 40,000 square feet of industrial space at N90 W14700 Commerce Dr. in Menomonee Falls from SBM of Wisconsin LLC. Trent Poole of CB Richard Ellis represented Arandell and Barry Chavin and Ryan Persitza of MLG Commercial represented SBM in brokering the deal. Menomonee Falls-based Arandell prints and distributes catalogs. The Commerce Drive space will be used to store catalog pages that have not been bound yet, said Jim Treis, executive vice president of sales and marketing for the company. This is the busy time of the year for Arandell, and during the busy times the company typically leases storage space on a temporary basis, Treis said. The company plans to lease this space for about six months, he said.
