California investor buys Oak Creek industrial building for $12.7 million

A California investor has purchased a 102,503-square-foot building in Oak Creek. (Photo courtesy of Loopnet)

A California investor has purchased the Capstone Business Center Building at 9875 Stern St. in Oak Creek for $12.7 million. Built in 2004 by Pewaukee-based Capstone Quadrangle, the 102,503-square-foot building is currently home to MGS Automation, which leases about half the space in the structure, according to a December 2021 brochure produced by Cushman &

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Cara covers commercial and residential real estate. She has an extensive background in local government reporting and hopes to use her experience writing about both urban and rural redevelopment to better inform readers. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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