Interstate Partners LLC was formed in 2000 to acquire, develop, lease and manage commercial real estate. Interstate Partners has regional offices in the Chicago, Minneapolis/St. Paul and Milwaukee markets, which collectively have developed a series of planned business parks for our own account. Since inception, we have developed, leased and managed more than 50 buildings containing more than 5,500,000 square feet. The building types include office, medical, warehouse, service center and retail. Interstate Partners also has ownership in land holdings of 300 acres that are entitled and ready for construction of additional buildings.
Interstate Partners funds its investments with its own equity as well as through numerous relationships with institutional and individual investors in each of its regions. Francis Brzezinski is the majority partner and CEO of Interstate Partners' activities in all of its regions. The regional partners are as follows:
Greg Miller - Interstate Partners Minnesota
John Heller - Interstate Partners Wisconsin
Mark Ebacher - Interstate Partners Illinois
The business model is one that incorporates a philosophy of long-term ownership with management that is responsive and client focused. Interstate Partners believes that real estate is a business where one understands the market by being actively and personally involved in the marketplace.
Sub-Zero Group Inc. signed a 225,000 square foot long-term lease at Prairie Business Park III, located at 200-290 Burnet Drive. The Madison, WI-based luxury appliance manufacturer and distributor is consolidating two facilities when it relocates to Prairie Business Park. Sub-Zero was represented by Tim Rikkers of Cresa Partners. Prairie Business Park III is a 275,000 square-foot facility featuring precast construction, 32' clear height, and 40 docks in a cross-dock configuration.
WESCO Distribution, Inc. signed a 67,000 square-foot long-term lease at Prairie Business Park II, a 203,000 square-foot property located at 41-59 Prairie Parkway. WESCO is a Fortune 500 leader in industrial supply with an extensive offering of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products.
The City of Elgin approved IPIL’s Watermark at The Grove, a 258-unit luxury apartment development with significant above-standard amenities!
IPIL is pleased to announce the sale of Huntley Regency, a five-building 43,350 SF retail center located on Highway 47 in Huntly, IL, that included Starbucks, ALDI, Hollywood Nails, Rookie’s All American Pub & Grill, Little Caesars, Jimmy John’s, Brunch Café, Sport Clips, Sleepy’s, and Athletico!
In Illinois, finishing touches are being completed on the retail land (accommodates restaurants, retail, office, and guest convenience users) for Prairie Business Park! For leasing information, please click the following: Video Link