Developer purchases Third Ward warehouse

HKS Holdings bought the property for $2.9 million

Current building

Last updated on May 15th, 2019 at 05:02 pm

The Milwaukee real estate development company that is building the Kimpton Hotel in the Third Ward has also purchased a five-story warehouse in the neighborhood for $2.9 million, according to state records.

338 N. Milwaukee St. -2016-06-01

HKS Holdings purchased the 49,340-square-foot building at 338-340 N. Milwaukee St ., from Joan Julien, president of Sycamore Building and Investment Co. The building is occupied by Julien Shade Shop Inc.

In addition to building the Kimpton, HKS has converted the Posner Building in downtown Milwaukee to apartments and developed the Global Water Center.

The Milwaukee Street property is assessed at $1.9 million.

Kyle Strigenz, principal of HKS Holdings, could not immediately be reached for comment.

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