InSinkErator completes purchase of land for new world headquarters
InSinkErator has completed the purchase of an 11.5 acre site on Globe Drive, southwest of Hwy. 20 and International Dr., Mount Pleasant, Wis.
InSinkErator, a division of Fortune 500 ranked Emerson Electric Co., is the world’s largest manufacturer of food waste disposers and instant hot water dispensers for home and commercial use. The newly purchased site will house the company’s state-of-the-art 85,000 square foot world headquarters.
Kevin Barry, CCIM and David Barry, CCIM, SIOR of The Barry Company represented InSinkErator in the purchase.
“Completing this land sale was a crucial piece of the puzzle in securing the future of InSinkErator’s $24M headquarters project,” said Kevin Barry. “It offers a great strategic location near I-94 in the Chicago-Milwaukee corridor.”
The seller was an investment group operating as a division of Chicago-based HSA Commercial.
About The Barry Company
The Barry Company, a 95-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won seven awards from the Commercial Association of Realtors-Wisconsin in the past five years, including five Deal of the Year awards and two Realtor® of the Year awards. The company has also received three consecutive Best Deal/Lease of the Year awards from The Business Journal and has been awarded the Broker of the Year honor by Riverworks Development Corporation.