Franklin, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Franklin, Wisconsin, a vibrant city in Milwaukee County, stands out as a strategic hub for commercial real estate (CRE) investment. With a population of approximately 36,000, Franklin offers a dynamic economy characterized by robust industry clusters, including manufacturing, healthcare, and logistics. Its unique positioning within the Milwaukee metropolitan area makes it an attractive destination for businesses seeking growth opportunities in a well-connected and economically diverse region.

Economic and Industry Overview

Franklin's economy is driven by several key industries that create demand for various types of commercial properties.

• Manufacturing: As a part of the greater Milwaukee area, Franklin benefits from a strong manufacturing base, requiring significant industrial real estate.
• Healthcare: The presence of healthcare facilities necessitates medical office spaces and related infrastructure.
• Logistics and Distribution: Due to its strategic location, logistics companies are a significant part of the economic landscape, driving demand for industrial and warehouse spaces.

The Milwaukee 7 Regional Economic Development Partnership actively supports these industries, fostering a conducive environment for business expansion and relocation.

Strategic Location and Transportation Infrastructure

Franklin enjoys an advantageous position with a well-developed transportation network:

• Highways: Interstate 94 and U.S. Route 45 provide seamless connectivity to major Midwest markets.
• Airports: Milwaukee Mitchell International Airport, located just 10 miles away, facilitates easy access to national and international destinations.
• Rail Lines: Freight rail services are available through major carriers, supporting the city's logistics sector.

These logistical advantages ensure efficient distribution channels and accessibility to a skilled labor pool. Explore more through the Wisconsin Department of Transportation.

Commercial Real Estate Inventory & Zoning

Franklin's CRE landscape is diverse, with several submarkets catering to different asset classes:

• Industrial Corridors: Home to a variety of warehouses and logistics centers.
• Retail and Office Spaces: Found primarily in central business districts and suburban office parks.
• Medical and Flex Spaces: Available throughout the city to support healthcare and adaptable business needs.

The city continuously updates its zoning regulations to encourage development. For detailed zoning maps and parcel information, visit the City of Franklin GIS Mapping.

Major Employers and Institutions

A number of significant employers contribute to the demand for CRE in Franklin:

• Corporate Headquarters: Johnson Controls and Northwestern Mutual are key players.
• Educational Institutions: The University of Wisconsin-Milwaukee enhances the local talent pool.
• Healthcare Facilities: Aurora Health Care and Wheaton Franciscan Healthcare are major medical providers.

For more information, access the Milwaukee Economic Development Corporation.

Notable Commercial Developments & Projects

Recent developments highlight Franklin's growth potential:

• Mixed-Use Developments: Projects like the Ballpark Commons offer retail, residential, and entertainment spaces.
• Innovation Parks: Franklin's business parks provide ample space for tech and research industries.

For planning details and site maps, refer to the Franklin Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Franklin offers a range of resources:

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Franklin's economic landscape can be explored through several data sources:

• U.S. Census Bureau
• City of Franklin Open Data Portal
• Economic impact reports available via Milwaukee Regional Development

Brevitas leverages AI-powered aggregation from these public data sets, offering insights through Brevitas-powered dashboards. Explore more on Brevitas Franklin City Search.

Why Use Brevitas for Franklin, Wisconsin CRE?

Brevitas stands out as the premier CRE marketplace for Franklin, offering:

• AI-driven CRE Discovery: Efficiently locate optimal properties.
• Real-time Market Alerts: Stay informed with the latest market updates.
• Smart Property Pages: Access comprehensive property details.
• Dealroom Collaboration: Facilitate seamless transactions.

Exclusive listings, premium exposure, and integration with brokers and developers make Brevitas the go-to platform for Franklin's commercial real estate opportunities.