Insight

Cresa Madison helps medical firms move to new headquarters in Wisconsin; first step to bringing 100 new jobs to area

April 10, 2012
Cresa Madison recently represented Shine Medical and Phoenix Nuclear Labs in their relocation to Madison, Wis. The move is an essential step for both companies as they plan an $85-million manufacturing plant that will bring more than 100 new jobs to Wisconsin.

Contracted in July of 2011, Cresa Madison negotiated and secured a lease agreement in January of this year. Shine Medical and Phoenix Nuclear Labs moved into 10,000 square feet of completely renovated space just off Highway 12/18 on Industrial Drive on March 1. In 18 to 24 months, the companies will begin construction of an $85 million manufacturing plant in Janesville, Wis., that will employ more than 100 people with average salaries of $60,000 a year.