NAI MLG COMPLETES $11.3 MILLION SALE FOR REDEVELOPMENT

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WAUKESHA, WIS. — NAI MLG Commercial has completed the sale of a 561,276-square-foot industrial building, located at 1200 W. Sunset Dr. in Waukesha, for $11.3 million. The building, which is situated on 54 acres, is scheduled to be demolished so that the property can be redeveloped into a Target-anchored retail center. The property was acquired by Opus North Corp. from Supervalu Inc. Barry Chavin and Curt Pitzen of NAI MLG were the sole brokers in the transaction.

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