Home Industries Real Estate Cooper’s Hawk purchases site for Greenfield restaurant before selling it again

Cooper’s Hawk purchases site for Greenfield restaurant before selling it again

Rendering of the Cooper's Hawk restaurant planned at the 84South development.

An affiliate of Downers Grove, Illinois-based restaurant chain Cooper’s Hawk purchased a vacant site in Greenfield where it is planning a new location, before selling the site again. The 2.3-acre site is located at 8415 Sura Lane, which is part of the 54-acre 84South mixed-use development by Cobalt Partners. The restaurant site was purchased Monday for

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
An affiliate of Downers Grove, Illinois-based restaurant chain Cooper's Hawk purchased a vacant site in Greenfield where it is planning a new location, before selling the site again. The 2.3-acre site is located at 8415 Sura Lane, which is part of the 54-acre 84South mixed-use development by Cobalt Partners. The restaurant site was purchased Monday for $2.6 million from a Cobalt Partners affiliate, state records show. On Tuesday, Cooper's Hawk sold the site for the same price to Orlando-based NNN Real Estate Investment Trust. Earlier this summer, Cooper's Hawk submitted plans for a 10,700-square-foot building on the site. The restaurant would employ 150 people and serve 4,000 to 5,000 guests a week, according to city documents. Cooper’s Hawk is a chain of wine-themed restaurants with 54 locations in the U.S., but only two in Wisconsin located at Brookfield Square in Brookfield and in Middleton. The Greenfield location for Cooper's Hawk is planned for a vacant site at the southwest corner of 84South, where Milwaukee-based Lowlands Group had planned to build The Lokal, a development with two restaurants, Cafe Hollander and The Feisty Loon, plus a central outdoor event space with a patio, outdoor restaurant seating, a water feature and a bar. Earlier this year, however, Lowlands Group announced it had dropped those plans because rising construction costs and higher interests rates had made the project not feasible. There are also plans for a Chipotle Mexican Grill to be built just west of Cooper's Hawk, at 8515 Sura Lane.
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