Colliers Brokers Lease, $16.8M Sale of 120,883 SF Office Campus in Wisconsin
OAK CREEK, WIS. — Colliers International has arranged the lease and sale of the former headquarters of Caterpillar’s Global Mining division located at 6744 S. Howell Ave. in Oak Creek. Master Lock Co. leased the two-building, 120,883-square-foot office campus under a long-term agreement. Master Lock will relocate from its current Oak Creek location in early 2017 after tenant improvements are completed at the property. Additionally, Bucyrus Wisconsin Property, a subsidiary of Caterpillar Inc., sold the property to W.P. Carey for $16.8 million. Tom Shepherd and Matthew Stauber of Colliers represented Caterpillar in the lease and sale of the campus.