NexGen acquired Racine Industrial Park in September 2024 with the purpose of diversifying its portfolio through the acquisition of its first flex industrial park. NexGen views Racine as a legacy holding that it will hold for cash flow. The  4-unit, 40,000 sf, flex industrial building on 6.16 acres benefits from 20 ft+ clear heights, paved secured rear parking, LED lighting, flexible loading, and high image construction. NexGen intends to improve the unfinished excess land to offer additional overflow secured parking in the underserved submarket.