COLLIERS BARRY BROKERS SALE OF TWO INDUSTRIAL BUILDINGS

MENOMONEE FALLS AND OCONOMOWOC, WIS. — Colliers Barry has brokered the sale of two industrial facilities in Wisconsin. The first property is located in Menomonee Falls Industrial Park in Menomonee Falls. It comprises a 24,500-square-foot building situated on more than 3 acres of land. It also has a 12-foot clear ceiling height. Kanehl Properties LLC purchased the building from a group led by Norbert Miller. The buyer is expanding from Milwaukee to this building. James Young of Colliers Barry brokered the transaction on behalf of the seller and Jim Allen and Terry McMahon of Boerke Co. represented the buyer.
Colliers Barry also brokered the sale of a 14,000-square-foot building located at 1815 Executive Dr. in Oconomowoc. JM Development purchased the building from the Trainor Family Q TIP Trust. JM Development will renovate the building by adding offices and converting the space into a two-tenant layout. Young again represented the seller, and Dave Hazenfield of Dickman Co. represented the buyer.