Wisconsin

M&M Arranges $4.6M Sale of 228-Room Resort in Wisconsin

by Haisten Willis July 14, 2016

WISCONSIN DELLS, WIS. — Marcus & Millichap has arranged the sale of Amber’s Resort & Conference Center Wisconsin Dells, a 228-room resort hotel in the Wisconsin Dells, approximately 120 miles northwest of Milwaukee. An undisclosed limited liability company purchased the property for $4.6 million. The seller also was an unnamed limited liability company. Jon Ruzicka, Gordon Allred and Chris Gomes of Marcus & Millichap represented the seller. Jon Ruzicka, also with Marcus & Millichap, represented the buyer. Todd Lindblom assisted in the transaction.

July 14, 2016

Industrial Midwest Office Wisconsin

The Dickman Company Arranges 20,242 SF Industrial, Office Lease Near Milwaukee

by Christina Cannon July 12, 2016

PEWAUKEE, WIS. — The Dickman Company Inc./CORFAC International has arranged a 20,242-square-foot office and industrial lease in Pewaukee, approximately 20 miles west of Milwaukee. TF Final Mile LLC will occupy Suite 200 in the building, which is located at W233 N2800 Roundy Circle W. Byrne Family Limited Partnership & 3RP LLC is the landlord. Samuel M. Dickman Jr. and Samuel D. Dickman of The Dickman Company represented the landlord in the transaction. Bill Langhoff of Colliers International represented the tenant.

July 12, 2016

Industrial Midwest Wisconsin

Ryan Cos. Breaks Ground on 132,730 SF Industrial Facility Near Madison

by Christina Cannon July 7, 2016

DEFOREST, WIS. — Ryan Companies US Inc. has broken ground on a 132,730-square-foot processing facility for The Little Potato Company in DeForest, approximately 17 miles north of Madison. The building, to be situated on a 15.9-acre site, will be the company’s first facility in the United States. When completed, the building will include 11,730 square feet of office space and 121,000 square feet of cooler, dry warehouse and processing space. The facility will feature 30-foot clear heights in the warehouse area, nine dock doors, two overhead drive-in doors and 130 stalls for employee parking. The project, located inside the DeForest Business Park, is scheduled for completion in 2017. Alberta, Canada-based The Little Potato Company specializes in the processing of creamer potatoes.

July 7, 2016

Industrial Midwest Wisconsin

The Dickman Company Negotiates Sale of 25,520 SF Industrial Building Near Milwaukee

by Christina Cannon July 7, 2016

BROOKFIELD, WIS. — The Dickman Company Inc./CORFAC International has brokered the sale of a 25,520-square-foot industrial building in Brookfield, 13 miles west of Milwaukee. Theomax Real Estate LLC purchased the building from LPM Group LLC for an undisclosed price. The facility is located at 3280 Gateway Road. Samuel M. Dickman Jr., Samuel D. Dickman and Roger Siegel of The Dickman Company brokered the transaction.

July 7, 2016

Industrial Midwest Wisconsin

The Dickman Company Arranges Sale of 44,262 SF Industrial Facility Near Milwaukee

by Christina Cannon July 6, 2016

NEW BERLIN, WIS. — The Dickman Company Inc./CORFAC International has arranged the sale of a 44,262-square-foot industrial building in New Berlin, approximately 15 miles southwest of Milwaukee. AQ Matic Real Estate purchased the facility, which is located at 16605-16685 W. Victor Road, from K.G. Stevens Holdings LLC for an undisclosed price. Anthony Huenerbein of The Dickman Company represented the seller in the transaction. Stephen Provancher and Mitchell Starczynski of NAI MLG Commercial represented the buyer.

July 6, 2016

Midwest Office Wisconsin

Farbman Group Acquires Chase Tower in Milwaukee for $30.5M

by Christina Cannon July 5, 2016

MILWAUKEE — Farbman Group has acquired the 22-story Chase Tower in Milwaukee for $30.5 million. Situated on the corner of East Wisconsin Avenue and North Water Street, the Chase Tower includes 480,000 square feet of office space and a 746-space parking structure. Farbman plans to upgrade the first and second floors, which host the building’s amenities. Tenants at the office tower include JPMorgan Chase, Infinity Healthcare, WUWM Public Radio and law firm O’Neil, Cannon, Hollman, DeJong & Laing. Brookfield Real Estate Opportunity Fund was the seller.

July 5, 2016

Midwest Multifamily Seniors Housing Wisconsin

New Perspective to Open 133-Unit Seniors Housing Community in Wisconsin

by Christina Cannon June 22, 2016

BROWN DEER, WIS. — New Perspective Senior Living has nearly finished work on a 133-unit seniors housing community in the Milwaukee suburb of Brown Deer. The property is scheduled to open in early August. The 153,000-square-foot community will feature 87 independent and assisted living units and 46 memory care units. Founded in 1998, New Perspective Senior Living is a Minneapolis-based developer and operator with 14 communities in Minnesota, Wisconsin and Illinois.

June 22, 2016

Industrial Midwest Wisconsin

The Dickman Company Brokers Sale of 30,100 SF Industrial Property Near Milwaukee

by Christina Cannon June 16, 2016

ST. FRANCIS, WIS. — The Dickman Company Inc./CORFAC International has brokered the sale of a 30,100-square-foot industrial building in St. Francis, approximately six miles south of Milwaukee, for an undisclosed price. Price Avenue Partners LLC purchased the building, located at 4630 S. Brust Ave., from Airport I LLC. Samuel M. Dickman Jr., Samuel D. Dickman and Cale Berg of The Dickman Company brokered the transaction.

June 16, 2016

Midwest Office Wisconsin

Walker & Dunlop Arranges $11.6M Loan for Office Park in Madison, Wisconsin

by Christina Cannon June 14, 2016

MADISON, WIS. — Walker & Dunlop has arranged an $11.6 million loan for the acquisition of High Point Office Park in Madison. The 217,814-square-foot office park includes 11 buildings, which vary from one to three stories. Amenities in the office park include a fitness center, walking paths, a pond, gazebos and picnic areas. The 10-year, fixed-rate loan features a debt-service coverage ratio of 1.67. The borrower was a Chicago-based investment firm. Justin Nelson of Walker & Dunlop placed the financing with a Midwest-based correspondent life company.

June 14, 2016

Midwest Retail Wisconsin

The Barre Code Signs 2,300 SF Lease for Retail Space near Milwaukee

by Christina Cannon June 6, 2016

VERNON HILLS, WIS. — The Barre Code, a women’s fitness center, has signed a five-year, 2,300-square-foot lease for space at Hawthorn Center in Vernon Hills. Joe Padorr of Seneca Real Estate arranged the transaction for The Barre Code, which will be located at the northwest corner of Milwaukee Avenue and Townline Road. Hawthorn Center is a 55,000-square-foot former office building that has been converted into a mixed-use property. Other tenants at the property include Northwestern Medicine, Uncle Julio’s Mexican Restaurant and T-Mobile.

June 6, 2016

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