MILWAUKEE - A private, Milwaukee-based investment group recently purchased a fully leased 46,500 square foot building located at W188 N11927 Maple Road, Germantown, Wis. from Alpine Business Center, LLC. The property is part of the Germantown Business Park.
James M. Young of Milwaukee-based Cassidy Turley Barry brokered the transaction.
Through Young’s efforts, Cassidy Turley Barry was able to lease all of the space in the property in a short amount of time for the previous owners before transacting the sale of the property.
“It’s a very versatile property with nine units of differing sizes,” said Young. “It was a good sale for both buyer and seller. The property includes approximately 4.5 acres of vacant land that could be developed into a build-to-suit or anchored multi-tenant industrial property.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley provides regional real estate services with local Milwaukee market leader Cassidy Turley Barry. Cassidy Turley Barry is the winner of five consecutive Deal of the Year awards from the Commercial Association of Realtors-Wisconsin (2008-2012), three consecutive Best Deal/Lease of the Year awards from The Business Journal (2009-2011) and was awarded the 2010 Brokers of the Year honor by Riverworks Development Corporation.