Last updated on May 15th, 2019 at 04:49 pm
An affiliate of Milwaukee-based Bachman Furniture Gallery has completed its purchase of part of an historic building on St. Paul Avenue, where it will open a new store to replace its location on Capitol Drive.
Earlier this year, Bachman announced that it would liquidate and close its store at 6800 W. Capitol Drive in Milwaukee’s Capitol Heights neighborhood, where it has been located since 1958, and open a new store in the Menomonee Valley’s emerging home décor and design district.
In August, Bachman announced that it had purchased a 60,000-square-foot portion of the former American Radiator Company building, a 94-year-old structure at 1741 W. St. Paul Avenue, with plans to open a store there.
That deal has now closed with JBB Holdings LLC, an affiliate of Bachman Furniture Gallery, buying the St. Paul Avenue space from an affiliate of Milwaukee-based LCM Funds Real Estate LLC for $1.5 million, according to state records.
The Bachman Furniture Gallery website says the new store will open there “in early 2019.”
Bachman’s St. Paul Avenue building is one of 22 industrial buildings between 11th and 21st streets that are part of the St. Paul Avenue Industrial Historic District. The district, which was added to state’s register of historic places last year by the Wisconsin Historical Society, has been a recent development focus of Menomonee Valley Partners and the city of Milwaukee.