Home Industries Real Estate Eutectic Corp. sells its Menomonee Falls building in $5.3 million sale-leaseback deal

Eutectic Corp. sells its Menomonee Falls building in $5.3 million sale-leaseback deal

By
Ashley Smart
-
N94 W14355 Garwin Mace Drive, Menomonee Falls. Image courtesy of Google Maps.
N94 W14355 Garwin Mace Drive, Menomonee Falls. Image courtesy of Google Maps.

Eutectic Corp., a provider of coatings and other industrial applications, has sold its Menomonee Falls facility for $5.3 million in a sale-leaseback deal, real estate records show. The property located at N94 W14355 Garwin Mace Drive was sold to Milwaukee-based private equity firm Borgman Capital. The 72,553-square-foot facility sits on a 3.5-acre parcel of land,

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Ashley Smart
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
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Eutectic Corp., a provider of coatings and other industrial applications, has sold its Menomonee Falls facility for $5.3 million in a sale-leaseback deal, real estate records show. The property located at N94 W14355 Garwin Mace Drive was sold to Milwaukee-based private equity firm Borgman Capital. The 72,553-square-foot facility sits on a 3.5-acre parcel of land, according to state records. Eutectic is a division of Messer World, a German firm with companies in the wear protection, cutting tool, industrial gas and precision medical instrument markets. Eutectic’s main Milwaukee-area operations are based in its Menomonee Falls factory, where it makes welding consumables.

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