Midtown Center on Milwaukee’s northwest side sold in May for $22.1 million.
The former owner of the shopping center – an affiliate of New York-based DLC Management Corp. – sold the 26.2-acre property, which includes several retail buildings, to Atlanta-based Laureate Capital LLC, according to state records.
The properties sold are located at 4100-4190 N. 56th St., 4101-4191 N. 56th St., 5704-5712 W. Capitol Drive, and 4076 N. 60th St., and have a combined assessed value of $22.8 million, according to county records.
Tenants include Pick ‘n Save, Planet Fitness, Foot Locker, GameStop, Subway, U.S. Cellular, Pizza Hut and Firestone.
The deal did not include the 15.2-acre former Walmart store site at 5825 W. Hope Ave., which closed in 2016. It sold last year to an Iowa-based self-storage company for $3.28 million.
Price: $22.1 million
Location: 4100-4190 N. 56th St., 4101-4191 N. 56th St., 5704-5712 W. Capitol Drive, 4076 N. 60th St., Milwaukee
Seller: DLC Management Corp. affiliate
Buyer: Atlanta-based Laureate Capital LLC