REBusinessOnline

Barry Co. Arranges Land Sale for Future Culver’s Restaurant in Kenosha, Wisconsin

KENOSHA, WIS. — The Barry Company has arranged the sale of a lot that spans about three-quarters of an acre in Kenosha. The buyer, S&L Properties Kenosha 142 LLC, plans to construct a Culver’s restaurant on the site. The lot is located at the intersection of Highway 142 and I-94 and is adjacent to Amazon’s 1.5 million-square-foot distribution campus. Kevin Barry of Barry Co. represented the undisclosed seller. Tom Treder of Founders 3 Real Estate Services represented the buyer. …

Korndoerfer Homes Renews 6,414 SF Office Lease in Brookfield, Wisconsin

BROOKFIELD, WIS. — Korndoerfer Homes Inc. has renewed its 6,414-square-foot office lease in Brookfield. The home building company occupies space at 175 N. Corporate Drive. Dan Wroblewski, Matt Fahey, Joe Moritz, Ben Anderson and Brandon Ciebell of Colliers International brokered the lease

Walgreens Leases 4,429 SF in Wauwatosa, Wisconsin

WAUWATOSA, WIS. — Walgreens has leased 4,429 square feet at 2265 N. Mayfair Road in Wauwatosa, a western suburb of Milwaukee. Ross Koepsel of Founders 3 Real Estate Services brokered the lease transaction. SRS Real Estate Partners is the

Newmark Group Acquires MLG Commercial

BROOKFIELD, WIS. — Newmark Knight Frank has acquired MLG Commercial LLC, a Wisconsin-based company that offers real estate investment services to institutional or individual investors. MLG Capital pursues investments in approximately 15 states and self-manages its assets. The company is currently raising its fourth private real estate investment fund, MLG Private Fund IV LLC, a targeted $200 million equity fund that is accepting new accredited investors through March 31, 2021. Since the …

Dickman Co. Negotiates Sale of 245,000 SF Industrial Building in Watertown, Wisconsin

WATERTOWN, WIS. — The Dickman Company Inc./CORFAC International has negotiated the sale of a 245,000-square-foot industrial building in Watertown for an undisclosed price. The property is situated at 1141 S. 10th St. in Watertown, about 50 miles west of Milwaukee. TJ Huenerbein and Nick Keys of Dickman brokered the transaction. TJW Plant 10 LLC purchased the building from Midland Stamping and Fabricating

Colliers Brokers $4.5M Sale of King Juice Co. Headquarters in Milwaukee

MILWAUKEE — Colliers International has brokered the sale of the King Juice Co. headquarters in Milwaukee for $4.5 million. The 114,000-square-foot beverage manufacturing property is located at 851 W. Grange Ave. King Juice Co., which makes lemonades, iced teas and fruit beverages, has a long-term lease at the property. Tom Shepherd, Jennifer Huber-Bullock and Steve Sewart of Colliers represented the seller, Milwaukee-based Salvatore B. Purpero Living Trust. New York-based BBS Grange Road …

Zilber to Develop Two Industrial Facilities Totaling 403,021 SF in Metro Milwaukee

GERMANTOWN, WIS. — Zilber Property Group has unveiled plans to develop two speculative industrial facilities totaling 403,021 square feet in Germantown, a northwest submarket of Milwaukee. The buildings will be situated within the newly constructed Germantown Gateway Corporate Park. Currently, a 706,000-square-foot distribution facility occupied by Wauwatosa-based Briggs & Stratton Corp. anchors the business park. The new facilities will feature clear heights of 30 feet, LED lighting and …

Serendipity Labs Coworking to Open Near Madison, Wisconsin

MADISON, WIS. — Serendipity Labs Coworking will open a shared workplace on the sixth floor of 525 Junction Road in Middleton, about six miles west of Madison. Franchisee Ryan Jacobson will own and operate the 23,000-square-foot location. The Lab will feature offices, team rooms, focus rooms, wellness rooms, a lounge and café. Michael Berman, David Pudlosky and Nick Hepner of JLL represented Serendipity Labs in the lease transaction. Brett Rieman of JLL represented Artis REIT, the landlord …

Quantum Brokers $2.8M Sale of Popeyes-Occupied Property in Fitchburg, Wisconsin

FITCHBURG, WIS. — Quantum Real Estate Advisors Inc. has brokered the $2.8 million sale of a Popeyes-occupied property in Fitchburg, just south of Madison. The 4,442-square-foot building is located at 2844 Fish Hatchery Road. Popeyes has approximately 20 years left on its lease. Chad Firsel and Zack Hilgendorf of Quantum brokered the transaction. A private buyer based in Seattle purchased the property from a Chicago-based

Hillwood Acquires Two Logistics Facilities Totaling 338,000 SF in Wisconsin

YORKVILLE, WIS. — Hillwood, a Perot company, has acquired two logistics facilities totaling 338,000 square feet as well as 58 acres of vacant land within Grandview Business Park in Yorkville. The purchase price was not disclosed. The two buildings are fully occupied by five tenants. Property features include clear heights of 30 feet and 145-foot truck courts. The vacant land can support up to 845,000 square feet of new construction. Grandview Business Park has convenient access to I-94 and is …

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