A California investor has purchased Rockwell Automation’s sprawling Mequon campus property for just over $48 million.
The seller was FFI Mequon, LLC, out of Minnetonka, Minn., according to state real estate transfer records. The buyer was RA Mequon Fee Owner, LLC, which lists the address of a Los Angeles law firm as its headquarters.
Located on 47.5 acres, the 560,000-square-foot campus at 6400 Enterprise Drive, last sold in 2014 for $32.37 million. It contains a variety of the Milwaukee-based company’s operations, including manufacturing, shipping, inventory, customer services, as well as office space for engineering and management positions.