PRESS RELEASE

PRESS RELEASE

16:41 30 April in Press Release

April 30, 2025

Former Master Lock Manufacturing Campus Acquisition Announcement

Milwaukee, WI – MALO WI LLC, an affiliate of Commercial Development Company, Inc. (CDC) from St. Louis, Missouri, is pleased to announce the acquisition of a 26-acre former Master Lock manufacturing campus in Milwaukee, Wisconsin. The transaction included the acquisition of real estate, as well as machinery & equipment.

The retired plant operated for 100 years and was used to manufacture padlocks and other products for the Master Lock company. The site features 780,000 square feet of industrial space with a mix of single-story and multi-story warehouses.

MALO WI LLC plans to retain the existing buildings, with an eye toward repurposing the facility for new users.

“Our acquisition of this retired manufacturing plant is the first step to restoring the property to productive use – our team is well equipped to reposition this site for its next stage of life, likely to be industrial operations,” said Adam Kovacs, Executive VP of Acquisitions.

MALO WI LLC believes the location and development attributes of the campus will attract users from multiple sectors including manufacturing, warehousing, and industrial storage. The property features 366,608 SF of single-story space with 31′ ceilings and 413,606 SF of multi-story space equipped with three twenty-ton freight elevators. Additionally, the property is fully fenced and secured with controlled access via a guard house.

The property is located at 2600 N 32nd St, Milwaukee, WI 53210, just 2 miles from downtown Milwaukee with close proximity to I-43 and I-94.

For more information about this property, prospective users can contact Steve Collins, EVP (Phone: 314-835-2835 / Email: scollins@cdcco.com).

Or download the property information sheet here: https://www.dropbox.com/scl/fi/2sc6ylfgnsfs9eyelgaph/Now-Available-2600-N-32nd-St-Milwaukee-WI-Former-Manufacturing-Campus-Ready-for-Re-Development.pdf?rlkey=d1gl3besknmyo353u5249cduf&st=2ghekbj3&dl=0

Media Contact: For more information about Commercial Development Company, Inc., please contact John Kowalik (314) 835-2813 / jkowalik@cdcco.com.