Colliers International Brokers $5.8M Sale of Mixed-Use Property in Madison

by Christina Cannon

MADISON, WIS. — Colliers International has brokered the $5.8 million sale of a mixed-use development in Madison. Lokre Development Co. acquired City Center Junction from Outlook Development. The 26,261-square-foot property, located at 610 Junction Road, includes two floors of retail and office space. The building was 90 percent occupied at the time of sale by tenants such as HuHot Mongolian Grill and Dragonfly Hot Yoga. A 1.4-acre pad site was also included in the sale. Kyle Robb and Tom Shepherd of Colliers International represented the seller in the transaction.

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