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Cabela’s Breaks Ground for New Store in Sun Prairie, Wisconsin

07/21/2014

FOR IMMEDIATE RELEASE

 

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Erik Hamilton, ehamilton@lee-associates.com

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Cabela’s Breaks Ground for New Store in Sun Prairie, Wisconsin

 

Lee & Associates Madison is the exclusive representative in the sale and leasing negotiations

 

SUN PRAIRIE, Wis. — July 15, 2014 — Cabela’s Wholesale Inc., a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise, has broken ground on its new 83,000 square-foot store that will be at the Prairie Lakes Shopping Center in Sun Prairie, Wis.

Cabela’s, which purchased the 10.54 acres of land in June, expects to complete construction by 2015 and will join other retailers in the center including Target, Costco and Marcus Cinemas.

Steve Doran, a principal with Lee & Associates Madison, who is the exclusive broker for Cabela’s in Wisconsin, negotiated the land sale agreement on behalf of the Nebraska-based outdoor company. Terms of the sale are not available.

 “This is a very exciting transaction to be involved with. Bringing Cabela’s to Prairie Lakes cements Sun Prairie as a regional retail trade area in the Dane County market,” said Doran.

The Sun Prairie location will give Cabela’s its fourth location in Wisconsin, joining the Prairie du Chien, Richfield and Ashwaubenon locations. The company also operates a distribution center at its Prairie du Chien location.

Currently, Cabela’s operates 58 stores across North America, including five in Canada – Winnipeg; Saskatoon and Regina, Saskatchewan; and two Edmonton locations. The company has announced plans to open an additional 20 stores over the next two years, including locations in Barrie, Ontario, July 10; Nanaimo, British Columbia, this fall; and Moncton, New Brunswick, in 2015.

 

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About Lee & Associates

Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with 49 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin. With more than 750 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. Additional information is available at www.lee-associates.com.

 

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

 

 

 

07/21/2014 - 09:00

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Lee & Associates

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