Home Industries Real Estate East Side apartment building sold for $10 million

East Side apartment building sold for $10 million

By
Hunter Turpin
-
The Eastsider. Image from Klein Development

The Eastsider, a 55-unit apartment building at the corner of Oakland Avenue and Locust Street on Milwaukee’s East Side, has been sold for $10 million. The building was completed in 2019 following a contentious zoning approval process and delayed construction start. It was developed by a partnership of Mike Klein‘s firm Klein Development, Jeno Cataldo and

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Hunter Turpin
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.
Mail

RELATED ARTICLES

Copyright ©2024 BizTimes Media, LLC. All Rights Reserved.
The Eastsider, a 55-unit apartment building at the corner of Oakland Avenue and Locust Street on Milwaukee's East Side, has been sold for $10 million. The building was completed in 2019 following a contentious zoning approval process and delayed construction start. It was developed by a partnership of Mike Klein's firm Klein Development, Jeno Cataldo and Millennial Partners. Previously owned by an affiliate of the development team, the property was sold to a Houston-based affiliate of Boston-based WestView Capital Partners. In addition to apartment units, The Eastsider has about 10,000 square feet of commercial space with current tenants including Cousin's Subs and Buffalo Wild Wings. Klein and Cataldo are again working together on a 130-room hotel at the corner of Brady Street and Farwell Avenue. The hotel, announced in January 2023, has not yet broken ground. Klein is also part of a development team that is planning to convert the 100 East office building in downtown Milwaukee into apartment units. Klein and Cataldo did not immediately respond to requests for comment.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version