Kissak Sarajian and Armen Sarajian, the owners of Franksville-based Engineered Products & Services Inc., recently purchased Silvernail Woods I, a 32,630-square-foot office building at 2727 N. Grandview Blvd. in Waukesha, from Waukesha-based Bryce Styza Properties for $1.5 million, according to state records.
They bought the building as an investment and own a few other commercial buildings in the region, Kissak Sarajian said.
The Silvernail Woods I building, constructed in 1985, has an assessed value of about $2.28 million, according to Waukesha County records.
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The building has a 30 percent vacancy rate, Kissak Sarajian said.
“I feel it shouldn’t be difficult to fill,” he said.
