Deals of the week

Highway 100 office building sold for $1 million, Brass Light Gallery building sold

Highway 100 office building sold for $1 million
Kim Ellis, the owner of ANS Home Health Services Inc., recently purchased the 26,000-square-foot Roman Building at 1551 S. 108th St., West Allis, from Harris Bank for $1.025 million.
Harris Bank had acquired the building from its previous owner inn a foreclosure process, said Patrick Gallagher of Siegel-Gallagher, who brokered the sale.
ANS will move its operations to the building from its current location at 2711 S. 84th St., West Allis.
“After seeing the location and realizing its possibilities, this acquisition was clearly the right move for ANS,” Ellis said.
“The new location can generate additional revenue for ANS Home Health Services simply through increased exposure on Highway 100, and the larger space offers operational efficiencies,” said Gallagher. “It is an excellent facility to accommodate (Ellis’) growing business, and the transaction is emblematic of her success, a strengthening local economy, and faith in the overall direction of commercial real estate.”

Brass Light Gallery building sold
Seeds of Health Inc., a non-profit social service agency, recently purchased the two-story, 11,500-square-foot former Brass Light Gallery building at 131-41 S. 1st St., Milwaukee, from JRB VII LLC.
The ownership group includes Kelly Denk and John Vetter, the owners of Vetter Denk Architects. They had planned to redevelop the building a few years ago, before the Great Recession devastated the commercial real estate market.
The sale price of the building was not disclosed. It has an assessed value of $956,000, according to city records.
Seeds of Health plans to convert the building into a virtual school, while will begin classes in the fall.
Brian Parrish of The Dickman Company Inc. represented the buyer and Marianne Burish of Siegel Gallagher represented the seller in brokering the sale.

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