T
he southeastern Wisconsin industrial real estate market rebounded in the second quarter, posting positive absorption of 1.1 million square feet after two quarters of negative absorption. According to a report from Moody's and the Commercial Association of Realtors Wisconsin, this uptick is a welcome sign for the market. However, despite the improvement, the vacancy rate ticked up slightly.

    A notable development in the region is the construction of WestRock Company's new $140 million corrugated box plant in Pleasant Prairie. The 593,564-square-foot facility was designed by Partners in Design Architects and represents a significant investment in the area's industrial sector.